Social network you want to login/join with:
Interim Head of Compliance SMF16 (6 month FTC), Chelmsford
Client: Compliance Professionals
Location: Chelmsford
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.
THE 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 it remains appropriate to the business activities.
* Ensure regulatory rules and permissions are mapped and documented against business activities.
* Assess the adequacy of measures and procedures regularly, addressing deficiencies in compliance with obligations, including MiFID.
* Advise and assist responsible persons in regulated activities to comply with MiFID obligations, BCOBs, and CDD requirements.
* Oversee annual sign-off of Terms & Conditions.
* Monitor complaint handling and Data Subject Access Requests.
* Advise the business and executives on applicable regulations and procedures, including horizon scanning.
* Provide periodic management information highlighting risk exposures and emerging threats.
* Assess regulatory risk profiles through compliance monitoring and analysis.
* Enhance compliance controls through system improvements and controls.
* Develop and deliver compliance training programs proportionate to the bank’s activities.
* Assess and communicate emerging regulatory rules impacting the business.
* Manage the firm's policies and procedures for countering regulatory and financial crime risks.
* Design and monitor periodic compliance reviews from a second-line perspective.
* Conduct quality assurance and thematic reviews as needed.
* Promote a compliance culture within the wider business.
* Support project requirements with compliance expertise.
EXPERIENCE REQUIRED:
* Retail and/or digital banking experience. Previous SMF16 holder or sufficient experience to cover SMF16 role.
* Knowledge of FCA Handbook and regulatory requirements for banking firms.
* Strong knowledge of MiFID, EMIR, PSD2, GDPR.
* Understanding of general banking operations, especially in small/medium-sized institutions.
* Ability to develop and enhance policies and frameworks.
* Experience with second-line monitoring techniques.
* Experience setting up compliance workstreams and policies.
For further information, please contact Hannah Tabatabai.
#J-18808-Ljbffr