At a Glance
- Tasks: Lead compliance risk management and develop frameworks for global regulatory domains.
- Company: Join a dynamic fintech company focused on payments and good governance.
- Benefits: Enjoy flexible working options and opportunities for professional growth.
- Why this job: Be part of a forward-thinking team making a real impact in compliance risk.
- Qualifications: Passion for fintech, experience in compliance risks, and strong analytical skills required.
- Other info: Leadership experience in regulatory change programmes is a plus.
The predicted salary is between 43200 - 72000 £ per year.
Group Head of Compliance Risk: This is an opportunity to join as a Leader in the Risk Function, and your mission will involve: Developing and leading second line risk management for compliance risks and leading the team currently covering these domains. Developing the risk assessment frameworks, setting risk appetites, and improving processes around risk monitoring and mitigation for the different regulatory domains across the world. Embedding the compliance risk program throughout the organisation including regional teams through building strong partnerships across the three lines of defence as well improving visibility of roles and responsibilities between them. Provide advisory support to the first line to improve issues management processes, building and monitoring of KRIs which are aligned to RAS and ensure risk assessment processes are appropriate and consistent. Be the second line SME for inputs and challenge into group regulatory risk committees. Streamlining and improving compliance risk assessment for new product development, new market launches, Third party risk management. Build a strong advisory partner risk team that can proactively engage with the first line to improve the first control testing program across the company. Chair and run, monthly compliance risk incident subcommittee globally and ensure there is an effective feedback loop from these into risk assessments. Own and develop policies, procedures and training related to compliance risk management for the company. Ultimately building a strong global compliance risk function with regional delegated roles and responsibilities to support the group objective. The experience, background and competencies needed to succeed in this role: We’re looking for someone who is passionate about payments, fintech and good governance, with an eye on the future. You have a deep understanding of compliance risks, and have relevant experience of running regulatory implementation programs. You have an eye for detail, but also be able to zoom in and out of a problem quickly to be able to quickly assess if controls suggested are sensible or fixes are tested appropriately to assess robustness. You have a quantitative/analytical approach to assessing the risks and ability to articulate the risks with the right level of detail to ensure there is no room for ambiguity in understanding across any audience. You’ve shown that you can roll up your sleeves, execute and get into the details with the first line teams to get things done. Understanding of regulations in at least one tier 1 market such as; US, UK, AU or EU on regulatory programs. You have a progressive, practical and data driven approach to risk management and have demonstrable experience in working effectively with first line teams. You are an accomplished relationship builder and adept at stakeholder management. Leadership is a vital component for this role and candidates should be able to demonstrate a flexible and entrepreneurial approach to leadership and ideally, have experience in delivering large scale regulatory change programmes. #J-18808-Ljbffr
Group Head of Compliance Risk employer: eFinancialCareers
Contact Detail:
eFinancialCareers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Head of Compliance Risk
✨Tip Number 1
Network with professionals in the compliance and risk management sectors. Attend industry events, webinars, or local meetups to connect with individuals who are already in similar roles. This can provide you with insights into the company culture and expectations, as well as potential referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in compliance risk management, especially in tier 1 markets like the US, UK, AU, or EU. Being knowledgeable about current issues will not only help you in interviews but also demonstrate your passion for the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented compliance risk frameworks or led teams in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your leadership and analytical skills.
✨Tip Number 4
Research StudySmarter's values and mission, and think about how your experience aligns with them. Be ready to articulate how you can contribute to building a strong global compliance risk function and support the group's objectives during your interview.
We think you need these skills to ace Group Head of Compliance Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compliance risk management, regulatory implementation, and stakeholder engagement. Use specific examples that demonstrate your leadership skills and ability to work with first line teams.
Craft a Compelling Cover Letter: In your cover letter, express your passion for payments and fintech. Clearly articulate how your background aligns with the responsibilities of the Group Head of Compliance Risk role, focusing on your analytical approach and experience in managing compliance risks.
Showcase Your Leadership Experience: Provide concrete examples of your leadership style and how you've successfully led teams through regulatory change programmes. Highlight your ability to build relationships and manage stakeholders effectively.
Demonstrate Your Understanding of Regulations: Mention your knowledge of regulations in tier 1 markets such as the US, UK, AU, or EU. Discuss how this understanding has informed your approach to compliance risk management and your ability to develop effective risk assessment frameworks.
How to prepare for a job interview at eFinancialCareers
✨Showcase Your Leadership Skills
As a Group Head of Compliance Risk, demonstrating your leadership abilities is crucial. Prepare examples of how you've successfully led teams in the past, particularly in regulatory change programmes. Highlight your flexible and entrepreneurial approach to leadership.
✨Demonstrate Your Regulatory Knowledge
Familiarise yourself with the regulations in tier 1 markets like the US, UK, AU, or EU. Be ready to discuss specific compliance risks and how you've managed them in previous roles. This will show your deep understanding of the compliance landscape.
✨Emphasise Your Analytical Skills
Prepare to discuss your quantitative and analytical approach to risk assessment. Provide examples of how you've assessed risks and articulated them clearly to various stakeholders, ensuring there's no ambiguity in understanding.
✨Build on Relationship Management
Since stakeholder management is key for this role, think of instances where you've built strong relationships across different teams. Be ready to explain how you engaged with first line teams to improve processes and achieve compliance objectives.