The Associate Director, Compliance will perform their role in a way that:

• Upholds the firm’s legal, regulatory and ethical standards;
• Fosters partnerships and collaboration throughout the firm;
• Heightens awareness of relevant regulatory issues;
• Delivers consistent advice, challenge and, to the extent possible, innovative solutions; and works in collaboration within the Compliance team to deliver the desired outcomes in relation to the advisory and assurance activities performed

The Associate Director, Compliance has the following responsibilities:

• To work closely with the Director, Business Advisory and Associate, Business Advisory to deliver comprehensive compliance support, advice and assurance to the businesses and functions;
• To support the Department’s mandate to embed UK and Group Compliance and regulatory standards, policies and procedures;
• Provide support to ensure key regulatory and legislative developments are embedded within the business;
• Provide support and input into the design and development of regulatory risk management frameworks and risk management practices;
• To provide challenge and advice in respect of key regulatory risks, issues and areas of exposure;
• To provide expert technical advice and face to face training across all business lines and enabler functions within AAB UK.
• Provide support and challenge to key projects and advise the first line business teams to ensure they are fully conversant and compliant with current and potential regulatory requirements;
• To take responsibility for the delivery of the Compliance aspects of the Monitoring & Compliance Testing programme – reviewing the reference controls, enhancing the scripts, performing the testing, reporting the results and advising on any necessary uplifts to controls as

The role requires the individual to work effectively at all levels across AAB UK to provide support and assistance. This will necessitate:

• communicating with and influencing stakeholders from business management, in both first and second line, especially those involved in Policy writing and Training delivery at Head Office;
• acting as the key liaison with Group Compliance Monitoring and Testing teams;
• communicating with Compliance colleagues in both in the UK and other offices, on the risk selection and control design for periodic monitoring and testing activities; and
• ensuring the individual is up to date on key regulatory developments and changing regulatory expectations in order to fully meet the function’s regulatory oversight mandate