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Regulatory Outsourcing Officer

Delta CapitaLondon, Greater London, United Kingdom
On-site Full-time

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Experience Level

Experience

Qualifications

The ideal candidate will possess a strong understanding of regulatory frameworks, exceptional analytical skills, and experience in managing third-party risk and compliance. You should have excellent communication abilities and be adept at fostering relationships with internal and external stakeholders. A background in financial services or consulting is preferred.

About the job

As a Regulatory Outsourcing Officer at Delta Capita, you will play a pivotal role in managing the governance, risk, and compliance framework for our third-party arrangements, ensuring stringent adherence to regulatory obligations.

Key Responsibilities:

  • Outsourcing Governance: Develop and implement outsourcing policies, frameworks, and procedures to minimize risks effectively.

  • Regulatory Monitoring: Stay updated with the latest local and regional regulatory requirements (e.g., Central Bank of Ireland, EBA, FCA) and evaluate their implications on our business operations.

  • Risk & Control: Oversee third-party vendors and service providers, facilitating due diligence and comprehensive risk assessments.

  • Reporting: Create detailed reports and management information for committees and senior management as necessary.

  • KPI Monitoring: Ensure high-quality monitoring of KPIs and identify proposed metrics for successful outsourcing controls while recognizing potential issues.

  • Contract Negotiations: Assist in contract negotiations with service providers, coordinating with the legal department and relevant stakeholders.

  • Risk Analysis Management: Conduct planning and risk analysis of outsourced arrangements, including effective communication and coordination with other functions.

  • Ongoing Risk Management: Manage outsourcing risks, including concentration risks, on an ongoing basis.

  • Provider Oversight: Coordinate meetings to address any shortcomings with outsourcing providers effectively.

  • Outsourcing Register Maintenance: Keep the Outsourcing Register updated and promote awareness and training regarding outsourcing.

  • Support Functions: Assist departments in designing monitoring and control measures, including annual status reports on outsourcing for management review.

  • First Line of Defense: Oversee and coordinate outsourcing as the first line of defense control function.

About Delta Capita

Delta Capita is a leading consultancy that specializes in providing innovative solutions to the financial services sector. We are committed to delivering high-quality services and building long-term partnerships with our clients.

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