Head of Compliance

Location: London, England, United Kingdom

Salary: Competitive

A Major Banking group is looking for someone to come in and Head up their Wealth and Investment Management business.

This key role will give you ownership of regulatory compliance, providing strategic conduct and regulatory advice which maintains a focus on the customer while driving the compliance agenda. You'll shape and implement a product lifecycle operating model for investment products which is compliant, customer focused and commercial, and allows for timely regulatory advice, analysis, oversight and challenge from design to post sales review. You'll also make sure we have the right principles, methodologies and frameworks in place for investments, and will make sure that all associated regulatory, conduct and reputational risks are understood and well managed. All of this will give you a major voice in the future direction of investment advice in the firm.

Your responsibilities will include:

  • Driving and enhancing a proactive risk management capability and culture to understand, oversee and critically assess and challenge our business models and strategy from a customer outcomes perspective
  • Membership of relevant governance forums to challenge the business on strategy, adherence to conduct risk appetite, adherence to rules and regulation, policy compliance and the authenticity of remediation
  • Making sure that all upstream risks which affect the investment business are identified, tracked and managed, and that the business management understand the impact and implementation requirements when needed
  • Representing the bank at external forums ensuring, and taking a full part in regulatory consultative exercises or initiatives

Required experience and knowledge

  • Investment Products – bonds, pensions, discretionary managed services, structured products, equities, ETP, fixed income, options, futures and FX
  • Regulations and industry practice connected with investments
  • Strong experience in leadership roles, with a proven capacity to manage, motivate and develop individuals and teams
  • Compliance advisory experience
  • A track record of achievement and delivery, with significant business or operational experience
  • Proven ability to manage and influence business stakeholders on conduct matters
  • The ability to make sound decisions based on expertise and knowledge


Further information

This role will hold the CF10 for their wealth and investments businesses