At a Glance
- Tasks: Lead compliance and AML frameworks, ensuring adherence to regulations and managing risks.
- Company: Dynamic bank in the heart of London with a focus on compliance excellence.
- Benefits: Competitive salary, career development opportunities, and a chance to make a real impact.
- Other info: Join a supportive team dedicated to professional growth and operational resilience.
- Why this job: Shape the future of compliance in banking while working with top industry professionals.
- Qualifications: Extensive UK banking experience and strong knowledge of compliance regulations required.
The predicted salary is between 130000 - 150000 € per year.
City of London
Permanent
£130,000 - £150,000
cer Financial are working alongside a bank, who are based in the City of London. They are seeking a Head of Compliance and MLRO / DPO (SMF16 and SMF17) to work with them on a permanent basis.
The responsibilities of the candidate will include:
- Develop and maintain the Bank’s Compliance & Financial Crime Framework in line with FCA, PRA, and international standards (e.g. FATF).
- Ensure adherence to JMLSG guidance, sanctions regimes (OFAC, EU, HMT), and applicable laws.
- Act as primary liaison with regulators (FCA, PRA, NCA).
- Advise Senior Management on regulatory changes and business impact.
- Lead horizon scanning and maintain the Compliance Risk Appetite Statement.
- Ensure robust frameworks for TCF, conduct risk, and GDPR compliance.
- Act as MLRO, ensuring full AML/CTF compliance.
- Oversee AML frameworks (CDD, EDD, transaction monitoring, sanctions/PEP screening, SARs).
- Ensure timely SAR submissions to the NCA.
- Oversee AML risk assessments and remediation.
- Deliver AML training and awareness.
- Develop and maintain the Compliance Monitoring Plan (CMP).
- Conduct risk assessments on correspondent banking, high-risk clients, and transactions.
- Oversee transaction monitoring systems and risk escalation.
- Serve as Data Protection Officer (UK GDPR, DPA 2018).
- Act as main contact with the ICO.
- Oversee DPIAs, RoPA, DSARs, and breach reporting.
- Ensure governance over third-party data processors.
- Deliver data protection training and awareness.
- Present compliance, AML, financial crime, and data protection reports to committees and Board.
- Escalate material risks and breaches.
- Prepare Annual MLRO and Data Protection Reports.
- Support SMCR requirements.
- Lead, mentor, and develop the Compliance team.
- Support recruitment, onboarding, and performance management.
- Ensure adherence to internal policies, training, and operational resilience.
The successful candidate:
- Extensive UK banking experience in compliance, AML, and financial crime risk.
- Strong knowledge of FCA/PRA rules, AML/CTF, GDPR, and SMCR.
- Proven experience managing regulatory engagement, audits, and inspections.
- Experience in Private Banking, Correspondent Banking, or Trade Finance.
- AML certification (e.g. CAMS, ICA Diploma).
- Knowledge of operational resilience, ESG, and emerging regulations.
- Data protection certification (e.g. CIPP/E, CIPM).
Head of Compliance and MLRO - DPO (SMF16 and SMF17) in Barbican employer: cer Financial
As a leading bank located in the heart of the City of London, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee development and growth. Our commitment to compliance and financial integrity is matched by our dedication to providing competitive salaries, comprehensive benefits, and opportunities for professional advancement, making us an exceptional employer for those seeking a meaningful career in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance and MLRO - DPO (SMF16 and SMF17) in Barbican
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its compliance framework. We recommend practising common interview questions related to AML and GDPR, so you can showcase your expertise and confidence when it counts.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. We suggest mentioning something specific from your conversation to show your genuine interest in the role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Head of Compliance and MLRO - DPO (SMF16 and SMF17) in Barbican
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Compliance and MLRO / DPO role. Highlight your extensive UK banking experience, especially in compliance and AML, and don’t forget to mention any relevant certifications like CAMS or CIPP/E.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this role. Use specific examples from your past experiences that align with the responsibilities listed in the job description, like managing regulatory engagement or leading a compliance team.
Showcase Your Knowledge:Demonstrate your strong knowledge of FCA/PRA rules and AML/CTF regulations in your application. We want to see that you’re up-to-date with the latest compliance frameworks and can effectively communicate this understanding.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at cer Financial
✨Know Your Regulations Inside Out
Make sure you’re well-versed in FCA, PRA, and AML regulations. Brush up on the latest changes and how they impact the banking sector. Being able to discuss these confidently will show that you’re not just familiar with the rules but can also advise senior management effectively.
✨Showcase Your Leadership Skills
As a Head of Compliance, you’ll be leading a team. Prepare examples of how you’ve mentored or developed your team in the past. Highlight your experience in managing compliance frameworks and how you’ve successfully navigated regulatory engagements.
✨Prepare for Scenario-Based Questions
Expect questions that put you in hypothetical situations related to compliance and risk management. Think about how you would handle specific challenges, such as a potential breach or a new regulation. This will demonstrate your problem-solving skills and strategic thinking.
✨Bring Data Protection Knowledge to the Table
Since you’ll also be acting as the Data Protection Officer, be ready to discuss GDPR compliance and data protection strategies. Share your experiences with DPIAs and how you’ve ensured compliance in previous roles. This will show your comprehensive understanding of both compliance and data protection.
