Deputy Head of Compliance

Compliance Professionals; London; On-site; GBP 200,000 +; Full time

Job summary

An established industry player in corporate and retail banking is seeking a Compliance Manager to ensure adherence to regulations and manage compliance risks. This role involves overseeing compliance monitoring, engaging with stakeholders, and providing training on data protection matters. The ideal candidate will have a strong understanding of relevant legislation and the FCA Handbook, alongside proven people management experience. Join a dynamic team where your expertise will directly impact the bank's compliance framework and contribute to its reputation for excellence in regulatory adherence.

Qualifications

• Experience in a Deputy or compliance manager role in banking.
• Strong understanding of FCA Handbook and regulatory frameworks.

Responsibilities

• Identify regulatory risks and implement mitigating controls.
• Monitor compliance with UK GDPR and data protection legislation.
• Deliver training and update compliance policies.

Skills

Regulatory Knowledge

Communication Skills

Risk Assessment

People Management

Compliance Monitoring

Job description

THE COMPANY: Our client is an international corporate and retail banking group with a global reach.

THE RESPONSIBILITIES:

1. Have a good understanding of relevant legislation, the PRA and FCA Handbooks.
2. Identify the regulatory risks the bank faces, mitigating controls and make appropriate changes.
3. Ensure that the Compliance RCSAs are complete and up to date.
4. Track upstream regulatory change.
5. Help plan, prepare and execute the compliance monitoring programme.
6. Oversee and carry out conduct risk controls, monitor the business for conduct risk issues and support conduct risk projects.
7. Provide advice and training.
8. Update policies and procedures as appropriate.
9. Consumer Duty and TCF obligations.
10. Produce the monthly MI.
11. Act as the point of contact for Data protection matters and support the DPO.
12. Monitor compliance with the UK GDPR and other applicable data protection legislation.
13. Undertake breach investigation and reporting into data breaches.
14. Deliver Data Protection training to staff from time to time.

EXPERIENCE REQUIRED:

1. Relevant experience within a Deputy or compliance manager role in the banking sector.
2. People management experience – previous experience in managing a small team.
3. Strong communication skills, with the ability to engage effectively with stakeholders at all levels.
4. Experience with compliance monitoring, risk assessments, regulatory reporting, or governance frameworks.
5. Full understanding of the FCA Handbook.

For further information please contact Natalie Eshelby.