THE COMPANY: The Client is a multi-jurisdictional financial institution offering Private Banking, Retail, and Digital banking services for Corporate & Retail Clients. The firm is looking to hire a Head of Compliance on a 6-month FTC basis.

THE RESPONSIBILITIES:

• Oversee and manage the Compliance team in their daily activities, providing direction, support, and insight into regulatory compliance and financial crime matters.
• Monitor, advise, and oversee Data Protection/GDPR compliance across the business.
• Manage the regulatory policy framework, ensuring it remains appropriate to the business activities.
• Ensure regulatory rules and permissions are mapped and documented against business activities.
• Regularly assess the adequacy and effectiveness of compliance measures and procedures, addressing any deficiencies.
• Advise the relevant teams on compliance with MiFID and other regulatory obligations, including BCOBs and Client Data.
• Oversee the annual sign-off of Terms & Conditions.
• Monitor and manage Complaint handling and Data Subject Access Requests.
• Advise the business and executives on applicable regulations and procedures, including horizon scanning.
• Provide periodic management information to committees, highlighting risks and emerging threats.
• Assess regulatory risk through compliance monitoring and analysis, and seek to enhance compliance controls.
• Develop and deliver ongoing compliance training programs for staff.
• Assess and communicate emerging regulatory rules impacting the business.
• Oversee policies and procedures for countering regulatory and financial crime risks.
• Design and monitor periodic compliance reviews from a second-line perspective.
• Conduct quality assurance and thematic reviews as needed.
• Promote a culture of compliance within the wider business.
• Support projects requiring Compliance expertise.

EXPERIENCE REQUIRED:

• Retail and/or digital banking experience; ideally held SMF16 or capable of fulfilling its responsibilities.
• Previous SMF16 holder or sufficient experience to cover an SMF16 role.
• Knowledge of FCA Handbook and regulatory requirements for banking firms.
• Strong knowledge of MiFID, EMIR, PSD2, GDPR.
• Understanding of banking operations, especially in small/medium-sized institutions.
• Ability to develop and enhance policies and frameworks.
• Experience with second-line monitoring techniques.
• Experience in establishing compliance structures and frameworks.

For further information, please contact Hannah Tabatabai.