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Interim Head of Compliance SMF16 (6 month FTC), Shrewsbury
Client: Compliance Professionals
Location: Shrewsbury, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Views: 1
Posted: 04.06.2025
Expiry Date: 19.07.2025
Job Description:
The Company:
The client is a multi-jurisdictional financial institution offering Private Banking, Retail, and Digital banking for corporate and retail clients. They are looking to hire a Head of Compliance on a 6-month FTC basis.
Responsibilities:
* Oversee and manage the Compliance team, providing direction, support, and insight into regulatory compliance and financial crime matters.
* Monitor, advise, and oversee Data Protection/GDPR compliance across the business.
* Manage the regulatory policy framework, ensuring its appropriateness relative to business activities.
* Ensure regulatory rules and permissions are mapped and documented against business activities.
* Regularly assess the effectiveness of compliance measures and procedures, addressing deficiencies as needed.
* Assist the regulated activities team in complying with MIFID obligations, including BCOBs and CDR.
* Approve Terms & Conditions annually.
* Oversee complaint handling and Data Subject Access Requests.
* Advise on applicable regulations and procedures, including horizon scanning.
* Provide management information to committees, highlighting risks and threats.
* Assess regulatory risk through compliance monitoring and analysis, improving controls and systems.
* Conduct compliance training for staff, proportionate to the bank's activities.
* Communicate emerging regulatory rules impacting the business.
* Oversee the firm's policies and procedures for countering regulatory and financial crime risks.
* Design and monitor periodic compliance checks from a second line of defense perspective.
* Conduct quality assurance and thematic reviews as needed.
* Promote a culture of compliance within the organization.
* Support projects requiring compliance expertise.
Experience Required:
* Experience in retail and/or digital banking; previous SMF16 role or sufficient experience to cover it.
* Knowledge of FCA Handbook and regulatory requirements for banking firms.
* Strong understanding of MiFID, EMIR, PSD2, GDPR.
* Knowledge of banking operations, especially in small/medium-sized institutions.
* Ability to develop and improve policies and frameworks.
* Experience with second-line monitoring techniques.
* Experience establishing compliance workstreams and policy frameworks.
For further information, please contact Hannah Tabatabai.
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