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: Attractive 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 work with top-tier professionals in the industry.
- 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 Kingsland 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 growth and development. 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 Kingsland
✨Network Like a Pro
Get out there and connect with people in the compliance and financial crime sectors. Attend industry events, webinars, or even local meet-ups. You never know who might have the inside scoop on job openings or can put in a good word for you!
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your extensive UK banking experience and knowledge of FCA/PRA rules. Share specific examples of how you've tackled compliance challenges in the past – it’ll show them you mean business!
✨Be Ready for the Interview
Prepare for those tricky interview questions by brushing up on your understanding of AML/CTF regulations and GDPR. Think about how you would lead a compliance team or handle regulatory changes, and be ready to discuss your strategies in detail.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us not only gives you access to exclusive roles but also shows your commitment to finding the right fit in the compliance world.
We think you need these skills to ace Head of Compliance and MLRO - DPO (SMF16 and SMF17) in Kingsland
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 frameworks and how you’ve successfully navigated challenges in previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that put you in hypothetical situations related to 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 reports to committees and the Board, so practice articulating complex compliance issues clearly and concisely. Be ready to discuss how you’ve communicated compliance matters in the past, especially in high-stakes situations.
