Compliance Manager

IPOE Consulting; London; Hybrid; GBP 85,000; Full time

Job summary

A leading consulting firm in London is seeking a Compliance Manager to oversee regulatory compliance functions within their banking segment. The role includes supporting the business on regulatory matters, managing the SMCR framework, and training staff on compliance updates. Ideal candidates will have significant experience in regulatory environments and strong knowledge of financial crime topics.

Qualifications

• At least 8 years' experience in a similar environment.
• Strong knowledge of Regulatory changes affecting Financial Services.
• Good working knowledge of Financial Crime topics.

Responsibilities

• Provide support to the London Business on regulatory matters.
• Manage the SMCR framework and assist in training.
• Update procedures and chair relevant compliance committees.

Skills

SMCR regulations

Regulatory compliance

Analytical skills

Attention to detail

Communication skills

Financial Crime topics

Education

Legal or compliance/financial crime background

Job description

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Base pay range

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Founder & MD @ IPOE Consulting - Let's team up for excellence! AKA the running recruiter.

Compliance Manager

International Bank based in London

Hybrid working on offer

Salary £85k basic plus excellent benefits

The Compliance team is primarily responsible for regulatory compliance, operational and legal risk coverage to support the Private, Priority and Corporate and Institutional Banking business in London. There will also be times when the employee may need to liaise with Group Head Office on Operational Risk and Audit matters.

As Compliance Manager, the incumbent’s core responsibilities will be:

• Provide day to day support to the London Business on all regulatory matters
• Full management of the SMCR framework
• Assisting in Training the London Branch on regulatory changes
• Executing regulatory reporting as and when required

Other responsibilities will include;

• Updating SMCR procedures both certified staff and SMF’s
• Chairperson for the SMCR and Conduct Rule Breach committee, booking in regular SMCR meetings, preparing the agenda, tracking the agenda and minuting the meetings
• Launching annual reviews for both certified staff and SMF’s and liaising with Line Managers to ensure that deadlines are met
• Ensuring forms are completed correctly including competency assessment forms and fit and proper declarations
• Liaising with HR to ensure regulated screening is completed in relation to annual reviews and that regulatory references are obtained
• Advising HR when changes are needed in relation to job descriptions
• Advising HR when new contracts of employment are required in line with SMCR changes
• Investigating and responding to Regulatory authorities and FCA enquiries as instructed
• Investigating and responding to internal enquiries relating to potential compliance risks/breaches
• Reporting the relevant indicators for any incidents handled by the team to the relevant stakeholders
• Managing the roll out of regulatory training
• Monitoring UK regulatory developments and assessing the impact on the London Branch
• Assisting with all reporting for management and EXCO reporting
• Maintain and execute the risk-based Compliance/Financial crime monitoring programme
• Assisting with Regulatory projects
• Maintaining the Compliance Policy & Handbook and providing support on new and existing policies
• General day-to-day support to the Head of Compliance
• Overseeing Regulatory reporting

To be considered for this position, ideal candidates must have the following experience and skills;

• At least 8 years’ experience in a similar environment
• Technically proficient in SMCR regulations
• A legal or compliance/financial crime or regulatory background, preferably within the financial services industry
• Strong knowledge of Regulatory changes affecting Financial Services
• Ability to translate regulatory language to adapt to the business
• Good working knowledge of Financial Crime topics particularly in areas surrounding CDD/KYC/Sanctions/Transaction monitoring etc.
• Strong analytical skills with good attention to detail
• Strong verbal and written communication skills
• A proactive approach to tasks and responsibilities
• Able to work under pressure and within tight deadlines
• A professional with a business attitude in the workplace
• Action-oriented with a strong focus on completing tasks with accuracy and efficiency while working independently and with minimum direction

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Management and Other

• Industries

  Banking

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