At a Glance
- Tasks: Lead compliance framework development and oversee regulatory change management.
- Company: Dynamic financial services firm with a focus on compliance excellence.
- Benefits: Hybrid work model, competitive contract terms, and professional growth opportunities.
- Other info: Join a collaborative team dedicated to operational excellence and regulatory success.
- Why this job: Make a significant impact in compliance while working with industry leaders.
- Qualifications: 10+ years in compliance roles with strong leadership and stakeholder engagement skills.
The predicted salary is between 60000 - 70089 £ per year.
We are recruiting for a Head of Compliance to join our client, a Financial Services firm, in their compliance team. This is a great contract opportunity, offering a 3-6 months contract employed via an Umbrella company.
About the role:
The Head of Compliance Framework & Insights will lead the development, maintenance, and continuous improvement of the Compliance Framework, ensuring it remains robust, joined-up, and aligned with wider risk, financial crime, and Group policies. They will oversee the review and ownership of Compliance policies on behalf of the Director of Compliance, ensuring they remain up to date, fit for purpose, and supported by effective, measurable controls. The role will also lead the annual Compliance Effectiveness assessment and reporting activities.
The successful candidate will oversee second-line regulatory change management and horizon scanning activities, identifying emerging regulatory developments and communicating their impact across the organisation. They will monitor and analyse regulator sentiment, providing timely insight and reporting to senior governance forums, including the ERC, ELT, and Board, on regulatory priorities, industry developments, and the organisation's regulatory position, working closely with the regulatory liaison team.
As a senior member of the Compliance function, they will provide strategic second-line oversight and challenge to the business, partnering with stakeholders to deliver pragmatic and proportionate compliance solutions. The role will support business leadership in managing regulatory risks, embedding strong governance practices, and ensuring the delivery of good client outcomes in line with regulatory expectations.
Key responsibilities include:
- Set objectives, manage performance, and support career development.
- Build a high-performing team with clear accountabilities and service delivery standards.
- Foster a culture of collaboration, continuous improvement, and operational excellence within and outside of the Compliance F&I team.
- Ensure adequate resourcing, succession planning, and professional development.
- Lead on the management of the relationship with the regulator, as a primary point of contact, to support the Director of Compliance.
- Develop and maintain a simple method of managing regulatory engagement records in a manner that supports the data and insights needs of the Compliance F&I team and the Director of Compliance.
- Create and lead the 2LoD capability to interpret proposed regulatory changes, and support HL Group to develop appropriate strategic responses.
- Triage regulatory change to consider whether Compliance oversight is best done via the F&I or Advice teams, depending on complexity and cross-cutting nature of the reg change.
- Providing high quality 2LOD regulatory advice to Group and regulated entity governance committees on compliance with future financial services regulatory obligations (ExCo, ERC and other Exec committees), in collaboration with the Compliance Advice function.
- Communication and influencing HL Group regulators - Influence HL Group's strategic policy engagement agenda by supporting the Public Affairs team, and coordinating / leading on consultation responses on behalf of HL Group.
- Be a key contributing member of the Regulatory Governance Forum and support the Director of Compliance in assessing the regulatory risk exposure against the regulatory risk appetite.
- Attend various governance committees and forum as the main compliance attendee, either as invitee or through delegation from the Director of Compliance.
- Ensuring provision of expertise and support to CEO's Office and to Corporate Affairs group with regulatory strategy / stakeholder management.
- Lead from the Compliance F&I team with contribution to the content and the oversight of the regular Compliance reporting to various committees including the ERC and BRC, with regular and/or ad hoc attendance as required and agreed with the Director of Compliance.
- Ownership of the Compliance policies across HL Group, ensuring they remain up to date, proportionate, measurable and fit for purpose, and working with Compliance Advice, Compliance Monitoring and Compliance Operations to ensure each area can oversee, monitor and review the policy outputs as required in their respective day to day roles.
- Ownership of the broader Compliance framework, taking a lead on how this fits within the wider Operational Risk framework and ensuring the Compliance framework remains coherent.
- Leading on the annual compliance effectiveness report and the Compliance Risk Assessment, working cross-function and with wider stakeholders in support of the key deliverables for the Director of Compliance.
About you:
- 10 years+ in Compliance roles or similar in a relevant FS sector.
- Relevant FS products and markets UK and European financial services regulation and policy environment and regulatory processes.
- HL's business strategy and proposition.
- Regulatory engagement and insights, including through experience at the FCA or consulting firms.
- Excellent people leadership skills, with experience managing and developing a team.
- Excellent stakeholder engagement and influencing skills – internal and external.
- Organisational skills to prioritise and deliver multiple complex work-flows.
- Risk management, problem-solving and decision making.
Additional Information:
Location: London - Hybrid
Duration: Initial 3-6 months
Head of Compliance in London employer: BDO LLP
BDO LLP is an excellent employer that values its employees by offering a fully remote work environment, allowing for flexibility and work-life balance. With a strong focus on professional development, employees have access to growth opportunities and resources to enhance their skills in the dynamic field of tax compliance. The collaborative and inclusive work culture fosters innovation and teamwork, making it a rewarding place to contribute to meaningful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance in London
✨Dive into Industry Groups
Join compliance and risk management groups on platforms like LinkedIn and Facebook. These communities often share temp job postings and insights. You’d be surprised at how many temporary gigs float around through word of mouth!
✨Showcase Your Expertise
Consider creating content on compliance topics that get you noticed—think LinkedIn articles or even a blog. This not only shows off your knowledge but can grab the attention of companies like BDO LLP when they’re searching for someone to fill a temporary position.
✨Tap into Recruitment Agencies
Reach out to recruitment agencies that specialise in compliance and risk roles. They’re usually in touch with companies looking to fill temporary roles, which can save us a lot of time in our job search.
✨Go Local with Networking
Attend local compliance and risk seminars or workshops. Meeting professionals in our area can open up temp opportunities, and it’s a great way to make your face known in the industry—plus, you might even meet someone from BDO LLP!
We think you need these skills to ace Head of Compliance in London
Some tips for your application 🫡
Show Your Compliance Know-How:When you’re applying for a compliance-risk role like Head of Compliance, make sure to highlight your understanding of industry regulations and risk management principles. Mention any relevant coursework, certifications, or projects that showcase your expertise in these areas—it's what sets you apart!
Highlight Your Analytical Skills:In the compliance-risk field, strong analytical skills are essential. Talk about your experiences that required critical thinking and data analysis, whether in past roles, internships, or academic projects. Show us how you've identified risks and implemented solutions in the past.
Tailor Your CV for the Temporary Role:Since this is a temporary role, focus on your availability and flexibility in your CV. Highlight any previous short-term roles or projects that demonstrate your ability to adapt quickly and deliver results in a fast-paced environment. This helps employers see you as an easy fit in their team!
A Concise Cover Letter is Key:Keep your cover letter short and focused! Explain why you're interested in the compliance-risk area specifically for this temporary position at BDO LLP. Mention what you hope to learn and achieve, showing your enthusiasm and motivation to contribute positively during your time there.
How to prepare for a job interview at BDO LLP
✨Know Your Compliance Basics
Make sure you're clued up on the key compliance and risk regulations pertinent to the industry you're applying to. Understanding frameworks like GDPR or AML will not only impress but also show that you’re ready to hit the ground running in your temporary role at BDO LLP.
✨Prepare for Scenarios
Expect scenario-based questions that test your problem-solving skills. They might ask how you'd handle a specific compliance issue. Think through real situations you’ve encountered in past roles or study hypothetical cases to showcase your analytical skills and practical judgement during the interview.
✨Highlight Your Adaptability
Since this is a temporary position, emphasise your ability to adapt quickly to new environments and team dynamics. Share examples of how you’ve successfully adjusted to changes in past roles and how this flexibility can benefit BDO LLP in the short term.
✨Gather Your Technical Tools
Familiarise yourself with commonly used compliance tools or software, as they might come up in the interview. If you've used tools for risk assessments or compliance tracking, mention those and be ready to discuss how they can streamline processes at BDO LLP.
