Risk and Compliance Analyst Review

by FCA

Rating

7.5/10

1. Please give an overview of your role and what this involves on a day-to-day basis:

Case management which has so far involved assessing approved persons applications, reviewing policy documents, objections which will be presented in court, attending firm meetings, attending interviews, taking minutes of meetings. The main function of my team is to assess new bank applications at the gateway and ensure the firm is compliant with all regulatory and legal requirements in order to establish itself as a UK bank. The application is assessed with scrutiny as consumer protection is at the heart of what we do.

9/10

2. Have you learnt any new skills or developed existing skills?

Learnt a depth of new knowledge around banking, financial firms and how financial businesses establish themselves, are always kept an eye on by the FCA and at times may face consequences for failing to be compliant. I have learnt how to network.

8/10

3. To what extent do you enjoy your programme?

I enjoy learning alongside studying as it goes hand in hand with me getting to grasps with my role and also then applying this to my assignments for my apprenticeship.

9/10

4. How well organised/structured is your programme?

The programme could be slightly more well structured with more support available in another form other than just conference calls every month.

6/10

5. How much support do you receive from your employer?

Support is there when needed and when asked for. In terms of the job role there is support and training.

7/10

6. How much support do you receive from your training provider when working towards your qualifications?

Again, support is there when asked (such as on the monthly calls). As there are no face to face classroom sessions, it can be hard to grasp what is expected of you sometimes.

6/10

7. How well do you feel that your qualification (through your training provider) helps you to perform better in your role?

Aspects of the ICA AML qualification can be applied to my role as the role involves compliance and risk.

6/10

8. Are there extra-curricular activities to get involved in at your work? (For example, any social activities, sports teams, or even professional networking events.)

Training, social events, volunteering, committees and networks are things you can get involved in.

9/10

9a. Would you recommend FCA to a friend?

Yes

9b. Why?

Individuals always happy to support. A lot of development opportunities and useful training available. Also chance to move around the rotation.

10. What tips or advice would you give to others applying to FCA?

Network and take very opportunity you get to develop your skills and knowledge.