At a Glance
- Tasks: Lead compliance and governance functions, ensuring adherence to regulations and internal policies.
- Company: International bank located in the vibrant City of London.
- Benefits: Attractive salary, bonus, pension, and a dynamic work environment.
- Other info: Opportunity for career advancement and to influence key decisions at the executive level.
- Why this job: Make a significant impact on compliance and governance in a leading financial institution.
- Qualifications: Experience in compliance, AML, and regulatory frameworks essential.
The predicted salary is between 90000 - 90000 £ per year.
City of London (5 days in the office) Permanent £90,000 + bonus + pension cer Financial are working alongside an international bank, who are based in the City of London. They are seeking a Head of Compliance / MLRO (SMF16/17) to work with them on a permanent basis.
THE ROLE:
- Lead the Bank's Compliance, Internal Controls, AML/MLRO, and Governance functions.
- Ensure all activities comply with FCA/PRA regulations, UK law, banking standards, and internal policies.
Key Regulatory Responsibilities
- Hold FCA Senior Management Functions: SMF16 - Compliance Oversight, SMF17 - Money Laundering Reporting Officer (MLRO).
- Ensure compliance with SMR, SYSC, Conduct Rules, AML/CTF, and Anti-Bribery requirements.
Compliance
- Monitor regulatory compliance across the Bank.
- Develop and maintain compliance policies and monitoring programmes.
- Liaise with FCA, PRA, and other regulators.
- Investigate fraud, misconduct, and compliance breaches.
- Deliver compliance reporting and staff training.
Internal Controls
- Monitor operational controls and review transactions.
- Coordinate with Internal Audit and oversee audit follow-up actions.
- Report control issues and whistleblowing matters to senior management and the Board.
MLRO / Financial Crime
- Oversee AML and financial crime frameworks.
- Review suspicious activity and submit reports to authorities where required.
- Maintain AML policies, controls, and staff training.
- Act as the Bank's primary contact for AML-related regulatory matters.
Policy & Governance
- Monitor regulatory developments and governance requirements.
- Ensure policies and procedures remain current and effective.
- Support Board governance, committee oversight, and regulatory training.
Additional Responsibilities
- Secretary to the Audit & Risk Management Committee.
- Primary contact for FCA/PRA and liaison with Internal Audit.
- Voting member of Management, Credit, and ALCO Committees.
- Regularly report to the CEO, Board, and Audit & Risk Management Committee.
Overall Objective
Provide independent oversight of compliance, governance, internal controls, and financial crime risk to protect the Bank and support regulatory compliance.
Head of Compliance / MLRO (SMF16 / 17) in London employer: CER FINANCIAL LTD
As a leading international bank located in the heart of the City of London, we pride ourselves on fostering a dynamic work culture that prioritises compliance and governance excellence. Our employees benefit from competitive salaries, comprehensive bonuses, and a robust pension scheme, alongside ample opportunities for professional growth and development within a supportive environment. Join us to make a meaningful impact while working in a vibrant city known for its financial innovation and regulatory leadership.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance / MLRO (SMF16 / 17) in London
✨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 CER FINANCIAL LTD looking for candidates who are engaged and informed.
We think you need these skills to ace Head of Compliance / MLRO (SMF16 / 17) in London
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 CER FINANCIAL LTD. 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 CER FINANCIAL LTD
✨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 CER FINANCIAL LTD’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
