Head of Compliance

  • GBP500 - GBP700 per day
  • London, England, United Kingdom
  • Temporary, Full time
  • Michael Page Financial Services
  • 23 Sep 16

The HOC will be authorised by the company to fulfil the activities normally expected of a HOC. The HOC will also be authorised to participate in those management activities normally to be expected of a HOC in the proper and successful management of an authorised bank. In exercising this authority, the HOC may call upon the reasonable assistance and co-operation of officers, employees, agents and those to whom the activities have been outsourced.

Wholesale Bank


Job Description

  • Develop and shape the compliance practice within the Bank.
  • A hands-on approach to dealing with the company's strategic and operational compliance practices.
  • Ensure the Bank's operations are conducted in compliance with ethical business practices, company policies and legal requirements.
  • Develop policies and procedures intended to prevent unethical and illegal conduct.
  • Support the business by providing compliance advice and guidance in relation to existing and new business initiatives.
  • Monitor UK and global regulatory developments and identify new regulations impacting the business, recommending and documenting action as appropriate.
  • Represent The Bank before regulators and supervisory authorities, such as the PRA and FCA.
  • Maintain a comprehensive knowledge of the company's business and the regulatory framework in which it operates.
  • Prepare and respond to any compliance related applications or audits, internal or external as appropriate.

  • Profile

    Competencies, Knowledge and Skills Required

  • 5+ years' relevant experience in a regulatory compliance environment within a Bank.
  • Broad knowledge of the financial markets, products and banking (Capital Markets knowledge desirable).
  • Thorough knowledge of relevant FCA and PRA Rulebooks.
  • Previous experience of applying FCA rules in a banking environment.
  • Aptitude to research and analyse complex compliance issues, translate and distil that research into practical advice in order to inform senior management decision-making.
  • Ability to provide guidance as to duties, obligations and responsibilities under Senior Managers' Regime.
  • Knowledge and application of JMLSG Guidance.
  • Past experience and proven ability in financial regulation and AML fields.
  • General understanding of the European perspective to financial regulation.
  • Tenacity to keep up-to-date with regulatory changes.
  • Ability to handle confidential information appropriately.
  • Creative and innovative thinking together with problem solving abilities.
  • Continual training in compliance developments through CPD or similar.
  • Self motivation and sociability.
  • Smart presentation - a business suit must be worn.
  • The ability to present information in a clear and concise manner.
  • The ability to influence at a high level.
  • High regard for customer care and professionalism.
  • Ability to work well independently and as part of a team.
  • Good interpersonal and organizational skills.

  • Job Offer

    6 Month Contract