As a Compliance Officer, you will join the Compliance team that supports the Corporate Banking client unit. This team offers guidance, advice, and challenges on a comprehensive range of compliance topics, ensuring the business adheres to regulatory and policy requirements.
In this role, you will engage with stakeholders across various units, working closely to continuously develop and improve compliance risk management. The focus is on general banking and lending within Corporate Banking, covering topics such as Conflicts of Interest, Duty of Care, Market Abuse, Cross Border Banking, Privacy, and Sustainability. While Client Integrity and Financial Crime topics (e.g., AML, Sanctions) are handled by a separate team, some knowledge in this area is necessary.
The Role:
- Provide compliance advice, guidance, and challenges to the business at both strategic and process levels, as well as to individual employees or transactions.
- Oversee and contribute to the execution of the SIRA by the business.
- Participate in Product Reviews and Change Risk Assessments to identify and address compliance risks.
- Ensure the business documents appropriate compliance controls and incorporate monitoring and testing outcomes in discussions with the business.
- Use various information sources (e.g., MI reports, dashboards) to monitor compliance risks and issues, ensuring adherence to key procedures and controls.
- Advise and oversee the business in taking remedial action where compliance issues or control gaps are identified.
- Contribute to effective and insightful compliance reporting.
- Manage compliance incidents, providing advice and guidance.
- Provide training and support to enhance awareness and understanding of compliance risks and regulations.
- Liaise continuously with business stakeholders to ensure progress on mitigating identified compliance risks and issues.
- Contribute to the development and maintenance of compliance policies.
- Participate in various projects and working groups within the Compliance department and the business.
The Candidate:
- A Master's degree in Business, Law, or a related field.
- At least 6 years of work experience, including a minimum of 2 years in a compliance-related role within the banking sector. This experience could be as a (2nd line) Compliance Officer or in roles such as banker, consultant, auditor, or operational risk manager handling compliance topics in corporate banking.
- Fluency in Dutch and English.
- Knowledge of key compliance areas, including conflicts of interest, market abuse, duty of care, privacy, and AML.
