Head of Compliance and Risk - UK

  • GBP85000.00 per annum
  • London, England, United Kingdom
  • Permanent, Full time
  • Advantage Resourcing
  • 15 Sep 17

SUMMARY The successful candidate will report to the Group Compliance Director, and functionally report to and support the UK Managing Director to ensure the business complies with all applicable regulatory requirements. You will be responsible for leading the risk and compliance function locally and ensuring that the Board and senior management receives appropriate and relevant support. You should have experience in a similar role within financial services.


UK Business Compliance & Risk Management
Leading the local Compliance & Risk function with accountability to design, develop, implement and maintain the Risk Management Framework, and an effective compliance strategy, infrastructure and associated policies, consistent with recognised and accepted good industry practice
Promoting an appropriate Compliance & Risk culture across the organisation through clear strategy, communication and engagement ensuring TCF (Treating Customers Fairly) is embedded across the business and in all strategic activities
Ensure a proactive approach is taken to the identification of risks - including advising on the risks associated with new business, change initiatives and their impact on company strategy, and regulatory and compliance risks, their communication to the business and the explanation of their potential impact on the business
Assisting the local Board in the formulation and maintenance of risk appetite, tolerances and limits, having regard to the strategy and business plans and the risk/return profile of the business;
Work in conjunction with Group Compliance to ensure the overall governance, risk and compliance (GRC) frameworks are integrated into the organisational structure and in the decision making processes of the Business
Work in conjunction with Group Compliance to develop and deliver compliance training initiatives to embed the risk management culture throughout the business
Providing the Board and senior management with expert guidance, support, oversight and independent challenge
Monitoring regulatory developments, and assessing their relevance to the business
Work alongside the Group Compliance Director to implement high-level strategic compliance roadmaps to coordinate the approach to regulatory changes
Be responsible for managing the compliance monitoring program and on going review of the Compliance Manual and Policies and Procedures to alleviate risk and ensure compliance with the changing regulatory landscape and continually improve upon the compliance program
Ensure that the anti-money laundering, countering terrorist financing (AML/CFT) and anti-bribery and corruption (ABC) systems and controls are adequate
Conduct on going compliance and risk reviews, escalating issues to the Group Compliance Director and the local Board as well as providing periodic reports to the local Board
Work alongside the Group Compliance Director to quickly resolve issues as they are identified
Act as MLRO (money laundering reporting officer) for the UK business
Actively contribute to, lead and manage the allocation of resources as appropriate, for group and local projects as required including for development, integration, alignment, improvement and implementation of systems, processes and procedures
Regulated Funds Business
Hold the CF10/CF11 function
Act as the main point of contact with the FCA
Work alongside internal Finance and local business heads to review, update and maintain the ICAAP
Review and submit GABRIEL filings and FCA Levy Fees
Be responsible for FCA applications including approved persons and variation of permissions
Conducting annual CASS audits
People Management
Day to day management of the Compliance & Risk team including development, training, mentoring, coaching, performance management and objective setting


Law degree strongly desirable, or other relevant compliance professional qualifications
Previous experience of establishing and/or working in a compliance function at a senior level
Experience in a financial services business and liaising with regulators is preferable;
A strong understanding of current relevant financial services legislation and ideally has held CF10/CF11 position previously
Experience of influencing regulatory bodies and external stakeholders
Well developed communication skills and the ability to tailor style to relevant audiences
Previous experience of working across complex, rapidly evolving change programs and senior stakeholder management within this environment
Previous experience of operating at a senior level with a demonstrable ability to gain trust and influence at Board and senior leadership level
High level and current knowledge and experience of best UK practice in Compliance and Risk Governance.

Working with us means entering a dynamic, international and growth-oriented company. We provide you with outstanding opportunities for your professional and personal development through our local and global Academies. Our International Mobility program enables talented employees to gain working experience abroad. We offer a competitive salary and benefits, commensurate with your qualifications and experience.

Advantage Resourcing is a service driven recruitment consultancy.