Role: Compliance Testing Officer
Location: Amsterdam
Salary: Competitive and Candidate Dependent
Reporting To: Head of Compliance Testing, Amsterdam
We are currently representing a multinational Corporate Bank, situated in Amsterdam. The role itself comes with plenty of responsibility - you will be assisting the head of compliance testing and team of 3 compliance testing officers, in developing and executing an annual testing plan to cover 8 locations across Europe.
The Candidate
- 2+ years' + of experience gained from Compliance, AFC, Audit, Risk or other type of regulatory background within the financial services industry
- Strong knowledge of the financial markets rules and regulations on compliance and AFC topics, with a focus on the EU laws
- Understanding of compliance and financial crime risks and internal controls
- Understanding of banking business environment and products
- Excellent communication skills, with the ability to communicate across all three lines of defence and to describe complex cases
- Fluent in English, and any other language is a bonus
The Role
- Support the creation of the multi-year testing plan for all in-scope countries that covers the right risks and is in line with the global methodology
- Undertake testing activities according to the testing plan to satisfy the mandatory and risk based requirements for testing, to the deadlines agreed and the standards defined in the global testing framework
- Communicate testing results using high quality reports
- Proactively engage with the business to agree issues and remediation actions from testing Activities
- Update the relevant tracking system timely and accurately with information on the reviews, tests, checks and their progress
- Support continuous enhancement of the testing programme by identifying improvements and implementing them, while ensuring the programme remains aligned to the global framework
- Establish and maintain effective communication channels and working relationships with the relevant stakeholders in the business and other control functions (e.g. DCO, BCU, NFRM, Internal Audit, COO, Risk, etc.) to ensure a coordinated approach and effective resolution of issues
