Head of Compliance | Greater London | up to £130,000 Base
About the Role A leading financial institution is seeking an experienced Head of Compliance to oversee its compliance function. This is a Senior Management Function (SMF16 & SMF17) role, carrying prescribed responsibilities under the Senior Managers Regime (SMR). The successful candidate will be responsible for ensuring the bank operates within all relevant regulatory frameworks while maintaining a strong compliance culture.
Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience.
Key Responsibilities
* Lead the compliance function, ensuring full adherence to PRA/FCA regulations.
* Act as the Data Protection Officer, overseeing GDPR compliance and data security.
* Provide independent assurance to the Board regarding compliance and regulatory risk.
* Develop and maintain a compliance monitoring plan, ensuring proactive regulatory oversight.
* Serve as the Money Laundering Reporting Officer (MLRO), managing AML, CTF, and financial crime risks.
* Review and submit Suspicious Activity Reports (SARs) as required by regulatory authorities.
* Ensure compliance with FCA SYSC regulations on financial crime controls.
* Develop and implement training programs on compliance, financial crime, and regulatory requirements.
* Lead, mentor, and support the risk and compliance team.
* Act as the primary liaison with regulators and external advisors.
Candidate Profile
* Degree-qualified, ideally with a relevant compliance or legal certification (e.g., ICA, CISI, or equivalent).
* Minimum five years of experience in compliance within the banking or financial services sector.
* Strong knowledge of regulatory frameworks, AML, financial crime, and data protection laws.
* Proven experience engaging with senior stakeholders and regulatory bodies.
* Excellent leadership and communication skills, with the ability to influence at Board level.
Why Join Us?
* Strategic leadership role within a highly regulated and evolving financial environment.
* Opportunity to shape and enhance the bank’s compliance framework.
* Competitive remuneration and benefits package.
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