Head of Compliance and MLRO SMF16&17

Job Description

Head of Compliance and Financial Crime, SMF 16/17. London based offices with flexible hybrid working from home and office based on need of the position. (Aim is 2/3 days per week in the office). Key Responsibilities:* Define, develop, lead and embed the compliance and financial crime risk framework* Recruit, lead and develop the team (Three curently) * Support senior management in embedding a strong compliance culture across the Bank and its service providers* Operational oversight of the Banks compliance with relevant UK financial services regulation, including provision of regular reporting to Board and Executives* Perform Money Laundering Reporting Officer (MLRO) functions* Lead compliance and financial crime risk assessment activities ensuring that risks are appropriate identified and assessed.* Provide advice on data protection impact assessments* Keep up to date on relevant regulatory requirements in the UK and review changes to regulation, analysing the impact for the Bank; to provide effective advice and guidance to executives and senior managers* Lead employee education on compliance-related matters - to assist in promoting and enhancing a strong bank-wide compliance culture* Manage the AML and sanctions framework for the Bank, including providing advice and guidance so colleagues understand personal and corporate responsibilities* Ensure effective policies are in place for AML and Counter Terrorist Financing, Sanctions and Anti-Bribery and Corruption* Develop and manage Compliance team processes and procedures relating to financial crime* Ensure financial crime training is fit for purpose and in place as relevant to roles* Inform and advise on data protection legislation, including working with internal stakeholders to achieve compliance* Manage risk-based compliance monitoring programme* Lead the development and implementation of the compliance manual, and key compliance policies ensuring compliance with statutory and regulatory requirements* Implementation of policies and procedures to ensure regulatory and legislative requirements are met* Manage compliance, regulatory and statutory reporting relating to compliance and financial crime matters* Manage horizon scanning and reporting of regulatory change and development* Support the Chief Risk Officer in the development and maintenance of effective interaction with regulators* Act as the Banks point of contact for the Information Commissioners Office, law enforcement and other financial crime bodies, as necessaryExperience:* Detailed knowledge of financial services regulations, as impacting the Bank* Knowledge and experience of developing best practice compliance and governance frameworks, policies and methodologies* People management and leadership* Experience of holding a Senior Management Function as defined by PRA/FCA. Need SMF16 & SMF17 expereince.* Experience of communicating with regulators and assisting with regulatory enquiries and inspectionsMcGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.

Keyskills :
MLROHead of ComplianceHead of Financial CrimeSMF16SMF17Chief Compliance Officer