Head of Compliance - SMF 16

JR United Kingdom; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading international retail bank is seeking a Head of Compliance to lead compliance efforts and ensure alignment with regulatory obligations. The role involves overseeing the compliance framework, providing guidance to senior management, and acting as a liaison with regulators. Candidates should have a strong background in compliance with at least 10 years of experience and a deep understanding of UK financial regulations.

Qualifications

• Minimum 10 years of experience in compliance roles holding SMF16.
• Strong knowledge of UK regulatory requirements and financial services compliance.
• Familiar with banking products, services, and procedures.

Responsibilities

• Oversee and implement the Bank’s Compliance Framework to meet all regulatory requirements.
• Provide compliance oversight and guidance to senior management.
• Act as a key liaison with regulators and manage regulatory reporting.

Skills

Knowledge of UK regulatory requirements

Compliance oversight

Risk management

Job description

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Job Title: Head of Compliance - International Retail Bank

To lead and manage compliance across this International Retail Bank, ensuring alignment with strategic objectives and full adherence to regulatory and statutory obligations. This includes fulfilling the SMF16 (Compliance Oversight) role and promoting a strong compliance culture throughout the organisation.

Key Responsibilities

1. Oversee and implement the Bank’s Compliance Framework to meet all regulatory requirements.
2. Ensure adherence to the Banking: Conduct of Business Sourcebook and UK Corporate Governance Code (as applicable).
3. Provide compliance oversight and guidance to senior management, keeping them informed of regulatory developments.
4. Monitor legal and regulatory compliance via a robust, risk-based monitoring plan.
5. Act as a key liaison with regulators and manage regulatory reporting.
6. Fulfil statutory duties of Head of Compliance, including the Data Protection Officer role where required.
7. Lead compliance training, maintain key compliance registers, and support internal staff in understanding regulatory obligations.
8. Ensure the Bank's Complaints Procedures are followed and reported correctly.
9. Manage the Compliance function and support broader business integrity and customer trust.

Experience and Knowledge

• Minimum 10 years of experience in compliance roles holding SMF16.
• Strong knowledge of UK regulatory requirements and financial services compliance.
• Familiar with banking products, services, and procedures.
• Adheres to the ethical standards of behaviour and code of conduct issued by the FCA under the Senior Managers Regime.