Head of Compliance (SMF 16 & SMF 17)

Martis Search; London; Hybrid; GBP 130,000 - 170,000; Full time

Job summary

A leading banking organization is seeking a Head of Compliance based in London. This executive-level role requires strong hands-on and strategic capabilities, overseeing compliance functions while liaising with the FCA. Candidates must have previously held SMF 16 & SMF 17 roles in a UK FCA Registered Bank. The organization offers a hybrid working model, ensuring flexibility for its employees.

Qualifications

• Must hold SMF 16 & SMF 17 FCA Control functions or have held them recently.
• Experience in a UK FCA Registered Banking background.
• Generalist Compliance experience at a senior level.

Responsibilities

• Oversee Compliance function (SMF 16) and Money Laundering Reporting (SMF 17).
• Face off the FCA and be accountable for all Compliance in London.
• Manage Compliance Oversight function with a hands-on approach.
• Lead hybrid working model with home and in-office balance.

Skills

FCA handbook interpretation

Compliance Regulation knowledge

AML Regulations

GDPR understanding

Education

Relevant Finance/Law degree

Tools

AML systems

Regulatory reporting tools

Job description

Overview

Head of Compliance (SMF 16 & SMF 17) – London-based Banking organisation (permanent)

Martis Search are representing an established London based Banking organisation to hire a permanent “Head of Compliance (SMF 16 & SMF 17).”

This is an excellent “Head of Compliance” role and our client has stated that you must either currently hold both the SMF 16 & SMF 17 FCA Control functions, or have held them in the last couple of years (with the view of reapplying to hold them again).

The role will be both 100 % hands-on, but also senior and strategic as you not only face off the FCA, but are also going to be accountable to them and for all related Compliance in London (as you will be their SMF 16 & SMF 17).

The position will be responsible for their Compliance Oversight function (SMF 16) and their Money Laundering Reporting function (SMF 17).

Our client needs either a “Senior Compliance Manager”, or “Head of Compliance” level “Generalist Compliance” experience either gained from a UK “FCA Registered” Banking background gained from a reputable Bank (and one ideally that has exposure to a European subsidiary).

The company offer a hybrid mix of “working-from-home” and also “in-the-office”, so you get the best of both worlds.

Strong understanding of different Compliance Regulations such as:

• FCA handbook – you must have a strong understanding and interpretation of and understand where to navigate through it.
• AML Regulations.
• GDPR.

Please reach out to Martis Search for a more detailed spec and also more information.

Note: Please note our client will not sponsor, and we ask all applicants to have full UK Right to Work and no time limited visas – Youth Mobility, Tier 4, Spouse Visas (all that are soon to expire and require company sponsorship to work in the UK). We ask all applicants to respect this requirement given our client’s request and inability to sponsor.

Job Details

• Seniority level: Executive
• Employment type: Full-time
• Job function: Analyst and Legal
• Industries: Financial Services and Investment Banking
• Location: London, United Kingdom