Head of Compliance SMF16 – Retail Banking

  • Company:
    Montpellier Resourcing
  • Location:
  • Salary:
    negotiable / month
  • Job type:
    Full-Time
  • Posted:
    11 hours ago
  • Category:

Head of Compliance SMF16 – Retail Banking

Description Expanding international bank based in central London is looking for a meticulous and confident Head of Compliance who will take on the SMF16 function for the London operations. The purpose of the role will be to develop and implement compliance and internal control activities, ensuring compliance with regulators whilst managing the Compliance Advisory Team.
 
Duties to include:
 

  • Ensuring branch compliance with all FCA and PRA regulations and ensuring that all staff are made aware of any updates in a timely manner
  • Acting as the first point of contact for external bodies and regulators, establishing a transparent and cooperative relationship
  • Delivering staff training with respect to compliance regulations and implementing the compliance policy and compliance plan
  • Maintaining compliance record-keeping, e.g. gifts, complaints register, FCA/PRA registrations, SMR certification and approvals etc.
  • Implementing regulatory implications for new products and services. Reviewing marketing materials to ensure compliance.
  • Actively undertaking compliance assurance and monitoring to assess the efficacy of compliance measures and prevent instances of non-compliance
  • Identify situations that pose compliance risk and guide Management in reviewing and developing applicable policies and practices
  • Review and update Branch policies, procedures and processes to ensure compliance with the regulatory regime.
  • Ensure Bank compliance with statutory and regulatory obligations to include SMCR
  • Lead and develop the Compliance Advisory Team, providing coaching, feedback and motivation. Ensuring a best practice is adopted.

 
Role Requirements:
 

  • Educated to Bachelor’s degree (or equivalent) as a minimum in a related discipline (Law, Finance, Accounting etc.)
  • Previous experience holding SMF16 registration
  • Compliance experience gained within a retail banking environment, preferred
  • Previous managerial experience with experience in leading teams and delivering training to staff
  • Strong regulatory compliance background and experience
  • Knowledge and experience of FCA / PRA regulations and the implementation of related compliance frameworks

This vacancy is being advertised by Montpellier Resourcing Limited. The services advertised by Montpellier Resourcing Limited are those of an Employment Agency.

  • TREASURY OPERATIONS ANALYST (TEMPORARY)

    UK, City Banking up to £45k, pro rata
    International investment bank based in the City is looking for a Treasury Operations Analyst with experience settlements, confirmations, reconciliations and investigations to join their Treasury Operations Team for a temporary basis of 3-6 months.

     
    Responsibilities of the…

  • Risk and Control Associate – Hedge Fund

    UK, City Banking £Competitive + benefits + bonus
    City-based start-up hedge fund launching in January 2021 is looking to hire a hire a skilled and knowledgeable Risk and Control professional, as they build out their risk function in theLondon office.
     
    You will be responsible for analysing and reporting risk relating to trading a…

  • Risk and Control Analyst – Start up hedge Fund

    UK, City Banking up to £35k + benefits + bonus
    City-based start-up hedge fund launching in January 2021 is looking to make a Risk and Control Analyst hire to its London office.
     
    You will work within a risk management team that are viewed as an extension to front office, facing off to a team of portfolio managers & traders…

Montpellier Resourcing Ltd
Level 30, The Leadenhall Building
122 Leadenhall Street
London
EC3V 4AB
Tel: 020 7036 0361
info@montpellier.uk.com

Montpellier Resourcing Ltd, Level 30, The Leadenhall Building, 122 Leadenhall Street, London, EC3V 4AB Registered in England and Wales no: 7310464

Resolution Used to ensure the correct version of the site is displayed to your device. essential Session Used to track your user session on our website. essential

+ Statistics

Google Analytics Google Analytics is an analytics tool to measure website, app, digital and offline data to gain user insights. Yes No