At a Glance
- Tasks: Lead compliance strategies and oversee risk management in a dynamic financial environment.
- Company: Join a forward-thinking financial institution with a strong commitment to compliance and risk culture.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Be part of an executive team driving strategic initiatives and fostering a positive workplace culture.
- Why this job: Make a significant impact on compliance and risk management while shaping the future of the organisation.
- Qualifications: Proven experience in risk management and compliance within UK financial regulations.
The predicted salary is between 72000 - 88000 £ per year.
As the Director of Risk, Compliance and MLRO you will be a member of the Executive Management Team. Providing independent strategic and operational oversight of building and shaping the compliance function. Delivering the right strategies, tools and controls to promote a positive risk and compliance culture and associated behaviours across the organisation.
Some Key Responsibilities
- Lead the delivery of the Compliance Assurance programme across the business.
- Development, implementation and maintenance of appropriate compliance, risk and financial crime frameworks.
- Deliver robust oversight on non-financial risks, including operational, change, conduct and reputational risk in collaboration with the Chief Executive.
- Horizon scanning, ensuring compliance with relevant UK regulations and legislation, including financial crime and Anti-Money Laundering.
- Drive forward looking insight into major risks, anticipating major exposures and providing analysis to stakeholders.
- Design, enhance and build out effective 2nd Line of Defence oversight.
- Compliance monitoring via testing of first line quality assurance activities and Thematic Reviews.
- Supporting the wider People strategy with SMCR (Senior Manager Certification Regime) and maintaining a culture which embraces awareness and prevention of conduct risk.
- Carry out the responsibility of MLRO with full access to resources and information to enable a stance of authority and independence.
- Compilation of the MLRO annual report and subsequent recommendations to the BRAC (Board Risk & Audit Committee).
- MLRO reporting to regulatory bodies and board/committees.
Experience
- Proven experience in Risk management and Compliance in UK Financial regulated mortgages business.
- Strong MCOBS experience.
- Thorough understanding of SMCR (Senior Manager Certification Regime).
- Commercially minded.
- Previously held an SMF16 or SMF17 role, both would be desirable.
- Excellent relationship and stakeholder management skills with an ability to challenge at all levels.
Director of Risk, Compliance & MLRO employer: Broadgate Search
As a leading financial technology and information services business, we pride ourselves on fostering a dynamic work culture that encourages innovation and collaboration. Our employees benefit from comprehensive professional development opportunities, competitive compensation packages, and the chance to work with top-tier clients in the financial services sector. Located in a vibrant area, we offer a stimulating environment where your contributions directly impact our growth and success.
StudySmarter Expert Advice🤫
We think this is how you could land Director of Risk, Compliance & MLRO
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Broadgate Search looking for candidates who are engaged and informed.
We think you need these skills to ace Director of Risk, Compliance & MLRO
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Broadgate Search. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Broadgate Search
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Broadgate Search’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
