Head of Legal and Compliance

Compliance Professionals; City Of London; On-site; GBP 90,000 - 120,000; Full time

Job summary

A prominent banking firm in London is seeking a Head of Legal and Compliance. This role involves developing a compliance culture, creating and updating policies, and liaising with stakeholders including regulators. The ideal candidate should have strong leadership skills, compliance expertise, and experience managing banking regulations. This is an excellent opportunity for professionals looking to make an impact in the compliance landscape.

Qualifications

• Strong leadership and communication skills are crucial for this role.
• Experience in a banking environment at SMF is essential.

Responsibilities

• Develop and maintain compliance culture within the bank.
• Create and update compliance policies and procedures.
• Oversee fraud and compliance training development.

Skills

Excellent Communication and Interpersonal skills

Strong Leadership and People Management skills

Analytical and Decisive

Understanding of UK requirements

Experience managing bank relationships with FCA / PRA

Job description

Overview

THE COMPANY: Our client is a successful retail and corporate banking firm. They are looking to hire a Head of Legal and Compliance.

Responsibilities

• Responsible for developing and maintaining Compliance culture within the Bank.
• Create, review and update Compliance policies and procedures in line with regulatory guidelines.
• Compliance Training and competency development.
• Horizon Scanning and mapping of regulations with relevant business and operations.
• Create, review and update of policies and procedures pertaining to Financial Crime
• MLRO Report
• Developing a risk-based Compliance Monitoring Plan (CMP).
• Implementation and review of CMP across departments and branches.
• Follow up on action points emanating from Compliance Oversight Reviews.
• Periodic reporting of KRIs and KPIs to Board Risk Committee / Group Compliance.
• Liaising with internal and external stakeholders including regulators.
• Maintain and update management responsibilities map.
• Oversight of fraud
• Review marketing initiatives / campaigns to ensure adherence to regulatory requirements.
• Accountability and responsibility from all functionaries of Legal & Compliance department
• Mapping of competencies, identification of gaps in skillsets / knowledge and arranging training to address gaps identified.
• Review of legal agreements.
• Legal advice through internal and external sources.
• Maintaining external panel of solicitors

Experience Required

• Excellent Communication and Interpersonal skills with the ability to interact with all levels of staff and management.
• Proven Strong Leadership and People Management skills.
• Analytical and Decisive –
• Sound understanding of current and anticipated UK requirements and supervisory expectations.
• Experience in managing the bank relationship with the FCA / PRA
• Experience at SMF in a banking environment or similar

For further information please contact Natalie Eshelby