Deputy Head of Compliance

TN United Kingdom; London; Hybrid; GBP 80,000 - 95,000; Full time

Job summary

An established industry player seeks a Deputy Head of Compliance to oversee regulatory risks and compliance monitoring. This pivotal role involves ensuring adherence to legislation, managing conduct risk, and engaging with stakeholders to maintain a robust compliance framework. The ideal candidate will bring over a decade of experience in compliance within the banking sector, showcasing strong communication skills and a deep understanding of the FCA Handbook. Join a forward-thinking organization that offers a hybrid working model and a competitive benefits package, making it an exciting opportunity for compliance professionals looking to make a significant impact.

Benefits

Strong benefits package

Hybrid working model

Qualifications

• 10+ years in compliance roles within the banking sector.
• Strong communication skills for stakeholder engagement.

Responsibilities

• Oversee compliance monitoring and conduct risk controls.
• Implement regulatory risk mitigation strategies.

Skills

Compliance Monitoring

Risk Assessments

Regulatory Reporting

Stakeholder Engagement

FCA Handbook Knowledge

Conduct Risk Management

Job description

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Our client is a leading international bank based in London.

Job Description

The Deputy Head of Compliance will be responsible for:

1. Having a thorough understanding of relevant legislation, the PRA and FCA Handbooks, and industry guidance in the context of the bank's business.
2. Identifying regulatory risks faced by the bank, implementing mitigating controls, and making appropriate changes. Ensuring that the Compliance RCSAs are complete and current.
3. Tracking upstream regulatory changes.
4. Planning, preparing, and executing the compliance monitoring program.
5. Overseeing conduct risk controls, monitoring the business for conduct risk issues, and supporting conduct risk projects. Providing timely conduct risk management information to relevant governance bodies.
6. Providing advice and training to the business regarding conduct risk issues.
7. Maintaining and enhancing the Conduct Risk Framework, considering emerging risks and regulations.
8. Updating policies and procedures as needed to ensure they remain fit for purpose.
9. Advising the business to demonstrate ongoing compliance with Consumer Duty and TCF obligations.

The Successful Applicant

The ideal candidate will have:

• A minimum of 10 years of relevant experience in a Deputy or compliance manager role within the banking sector.
• Strong communication skills, capable of engaging effectively with stakeholders at all levels.
• Experience with compliance monitoring, risk assessments, regulatory reporting, or governance frameworks.
• A comprehensive understanding of the FCA Handbook.

What's on Offer

Salary: £80,000 - £95,000

Hybrid working model

Strong benefits package