10 september 2019 ... min. Luister

Senior Compliance Officer Functional Oversight Monitoring

Medewerker | Juridisch / Fiscaal / Compliance | Ervaren | Amsterdam | 2019-09-10 | REQ-10021335


Job description

The role of the Senior Compliance Officer Functional Oversight Monitoring (FOM) is to ensure high quality and consistency in the execution of bank-wide compliance practices by conducting independent oversight monitoring reviews.

The following responsibilities and accountabilities are key to the position:

  • Draft annual FOM plan and related workplans and execute monitoring reviews accordingly;
  • Issue recommendations to Senior Management if deficiencies or areas for improvement are identified;
  • In conjunction with the relevant Compliance “Account Manager“, provide “aftercare“ to reviewed entities to ensure follow up actions are promptly taken and sufficient support on recommendations issued is available;
  • Enhance monitoring methodologies as continuous process and share best practices, based on FOM reviews, within the Compliance community
  • Ensure continuous FOM process improvement, e.g. feed input from Corporate Compliance Risk Management (CCRM) experts, reviewed entities, lessons learned, into the FOM process and work plans;
  • Review audit reports to indentify key compliance issues and/or trends and report to the Bank Compliance Risk Management Team;
  • By using the available data (via internal central system and/or other internal reports) provides regular insight in the state of Compliance for ING, the status of the Compliance Function and the Compliance Community.
  • Conduct qualitative reviews on compliance issues remediated to ensure true and effective remedation;
  • Provide hands-on assistance to local ING entities when required or requested;
  • Promote the use of the central tracking and monitoring system to facilitate/support compliance risk management activities;

Your work environment

Functional Oversight Monitoring (FOM) is a team within Corporate Compliance Risk Management organisation, mandated by the Bank Compliance Risk Management Team to execute independent qualitative compliance monitoring reviews world-wide. The team aims to ensure high quality and consistency in the execution of Compliance practises throughout ING Bank. The team is a Corporate 2nd Line of Defence function, consisting of experienced Compliance Officers, and has been operational since June 2014. The team conducts various reviews per year, along with providing ad-hoc and on-site compliance support to ING entities world-wide. FOM team has a wide range of relationships within ING, including CCRM MT, CCRM expertise teams, Regional Compliance , local Compliance at entity level, local Senior Management, Legal and Corporate Audit Service.

Who are we looking for?


  • A minimum of 5 years of Compliance related experience within the banking industry;
  • Excellent command of English, both verbal and written;
  • Excellent report writing skills;
  • Ability to quickly analyze data/compliance processes/compliance practises, draw conclusions and make recommendations;
  • Ability to negotiate and influence stakeholders, including Senior Management;
  • Willingness and ability to travel and stay frequently abroad;
  • Team player able to challenge and sound board with other team members;
  • Ability to work independently;
  • Experience in executing audits on Compliance Risk Management is a plus.

Required Skills:

  • Strong sense of accountability: delivers on promise, takes ownership, pro-active, can do attitude, etc.
  • Effective communication skills, ability to influence others and effectively advise, and provide information (either written or orally) in English.
  • Organizational skills and ability to coordinate and mobilize the necessary personnel to manage the workload, even under time pressure.
  • Sharp ability to identify and diagnose compliance related issues.
  • Strong decision-making skills.
  • Investigation and inspection skills.
  • Highly developed sense of integrity and ethics. 
  • Ability to participate in and / or manage complex and cross-departmental and cross-functional projects.

Contact details

For more information please contact Anna Kocon at


Vragen over deze vacature?

Neem contact op met Kinga Marcela, Recruiter. E-mail

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