Compliance Manager - SMCR & Regulatory Compliance

ZipRecruiter; London; Hybrid; GBP 85,000; Full time

Job summary

A prestigious banking organization in London is seeking a Compliance Manager to ensure compliance with SMCR regulations and financial crime standards. The role includes overseeing regulatory training, responding to inquiries, and maintaining compliance policies, aimed at professionals with extensive experience in the financial services sector.

Qualifications

• 8-10 years’ experience in a similar environment.
• Technically proficient in SMCR regulations.
• Strong knowledge of Regulatory changes affecting Financial Services.

Responsibilities

• Chairperson for the SMCR and Conduct Rule Breach committee.
• Investigating and responding to Regulatory authorities enquiries.
• Maintaining the Compliance Policy & Handbook.

Skills

Analytical skills

Communication skills

Attention to detail

Proactive approach

Education

Legal or compliance background

Regulatory background

Job description

Job Description

Sterling Williams are working alongside a renowned international banking organisation in the West End who are looking to hire a Compliance Manager on a permanent basis who has strong SMCR (Senior Managers and Certification Regime) experience alongside strengths in regulatory compliance and financial crime.

Compliance Manager - reporting to the Head of CompliancePermanent OpportunityWest End based - with hybrid working Salary circa £85,000 pa plus benefits (very competitive overall compensation)

Core responsibilities are focussed around 2 main areas:

SMCR:

• Acting as Chairperson for the SMCR and Conduct Rule Breach committee.
• 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
• Amongst other SMCR related activities

Regulatory Compliance/Financial Crime

• Investigating and responding to Regulatory authorities and FCA enquiries as instructed
• Investigating and responding to internal enquiries relating to potential compliance risks/breaches
• Assist the Line Manager in providing training, guidance to the business as and when necessary and managing the roll out of regulatory training
• Monitoring UK regulatory developments and assessing the impact on the London organisation.
• 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

The successful candidate will likely have:

• 8 -10 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 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