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 and financial crime prevention.
- Benefits: Competitive salary, career development opportunities, and a chance to make a real impact.
- Other info: Join a supportive team and lead initiatives that drive operational resilience and data protection.
- Why this job: Shape the future of banking compliance and protect against financial crime in a pivotal role.
- 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 Hackney 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 Hackney
✨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 inside out. Understand their compliance framework and recent regulatory changes. We want to show them that you’re not just another candidate, but someone who’s genuinely interested in their mission.
✨Tip Number 3
Practice your answers to common interview questions, especially those related to compliance and AML. We can even do mock interviews together to help you feel more confident and ready to impress!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can go a long way in keeping you top of mind. And remember, apply through our website for the best chance at landing that role!
We think you need these skills to ace Head of Compliance and MLRO - DPO (SMF16 and SMF17) in Hackney
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Compliance and MLRO role. Highlight your extensive UK banking experience, especially in compliance and AML. We want to see how your skills align with the responsibilities listed in the job description.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this position. Use specific examples from your past experiences that demonstrate your knowledge of FCA/PRA rules and your ability to manage regulatory engagement. Keep it engaging and to the point!
Showcase Your Certifications:Don’t forget to mention your AML and data protection certifications! Whether it's CAMS, ICA Diploma, CIPP/E, or CIPM, these qualifications are crucial for the role. We love seeing candidates who are committed to their professional development.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
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 teams and how you’ve fostered a culture of compliance within your previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that put you in hypothetical situations regarding compliance breaches or regulatory changes. Think through your approach to these scenarios beforehand, focusing on your decision-making process and how you would communicate with regulators and senior management.
✨Demonstrate Your Communication Skills
You’ll need to present complex compliance issues to various stakeholders. Practice explaining technical concepts in simple terms. Be ready to discuss how you’ve successfully communicated compliance matters to boards or committees in the past.
