Head of Compliance - SMF16/17

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

Job summary

An exciting opportunity awaits for a Head of Compliance within a dynamic IFA consolidator. This role calls for an entrepreneurial spirit to lead compliance and financial crime efforts as the business expands. You will leverage your expertise in compliance monitoring, regulatory capital, and IT systems to design effective compliance functions and oversee governance. Join a forward-thinking firm that values innovation and is committed to ensuring the highest standards of compliance while navigating the complexities of the IFA industry. If you're ready to make a significant impact in a growing organization, this position is for you.

Qualifications

• Experience with SMF16 and IFA business compliance.
• Knowledge of compliance function design and governance oversight.

Responsibilities

• Lead all compliance and financial crime initiatives.
• Manage compliance for acquisitions and asset migrations.

Skills

Compliance knowledge

Financial Crime expertise

IT knowledge

Regulatory capital knowledge

Consumer Duty experience

Job description

I am mandated on an exciting Head of Compliance role working with an IFA consolidator. The role will be SMF16/17 and you will need to have working knowledge of the IFA industry.

They are looking for an entrepreneurial character who can take the lead on all things Compliance and Financial Crime as they continue to invest in and expand the business.

Ideal Experience:

1. Previous SMF16 experience
2. Experience working within an IFA business
3. Compliance aspects of migrating assets to a new platform and Central Investment proposition
4. Compliance function design (including but not limited to systems and controls, governance oversight design, e.g., centralised vs decentralised model)
5. Consumer Duty experience
6. Compliance monitoring experience
7. IT knowledge/tech savviness/embrace new systems (e.g., KYC, AI-generated suitability letters)
8. Regulatory capital knowledge
9. Managing compliance for acquisitions (pre and post acquisition considerations, including compliance aspects of share purchases involving CiC, or asset purchases involving SUP15 notifications)
10. Experience managing multiple offices in different locations