Head of Compliance & Legal and MLRO

THE COMPANY:

We excited to be working with an International Wholesale Bank located in the City of London, who are looking for a Head of Compliance & Legal and MLRO.

THE RESPONSIBILITIES:

• To work with Senior Management to identify, measure and manage Compliance for the Branch, to ensure that Branch behaves ethically and in full compliance with relevant Laws and Regulatory requirements.
• To act as the contact point to the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA), as well as escalation to the management committee and/or parent.
• To hold responsibility as Money Laundering Reporting Officer (MLRO), implementing policies and procedures to mitigate AML risks.
• To hold responsibility for developing and maintaining a programme designed to mitigate Financial Crime.
• To organise and provide training to the Branch staff covering relevant regulatory matters.
• To represent Compliance to the business and providing appropriate advice about regulations and Compliance related matters across all Branch business units
• To help to provide impact analysis and assist in providing practical solutions in respect of requirements arising from the implementation of Financial Conduct Authority (FCA) Regulations, PRA other regulatory developments, in respect of new and existing businesses.
• To ensure the Branch Compliance policies and procedures are reviewed and updated on a timely basis, incorporating regulatory changes.
• Oversee provision of legal support to the Branch.
• Handle Customer complaints

EXPERIENCE REQUIRED:

• 10+ years of progressive Compliance and AML experience in wholesale banking in the UK.
• SM16/SM17 experience from a wholesale banking background
• Strong working knowledge of the UK Regulatory Framework, AML and conduct rules.
• Relevant knowledge of Corporate Banking and Treasury products.
• Ability to work effectively in a cross-cultural environment.

For further information please contact Hannah Tabatabai