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 package, career development opportunities, and a chance to make a real impact.
- Other info: Join a supportive team dedicated to professional growth and operational excellence.
- Why this job: Shape the future of banking compliance 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 Shadwell 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 Shadwell
✨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 land you 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 impress them with our knowledge and show we’re the perfect fit for the role!
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or mentors. We can nail those tricky questions about AML compliance and GDPR if we rehearse our answers and get comfortable discussing our experience.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping us top of mind. Plus, it shows our enthusiasm for the role. And remember, apply through our website for the best chance!
We think you need these skills to ace Head of Compliance and MLRO - DPO (SMF16 and SMF17) in Shadwell
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 is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the key responsibilities, like managing regulatory engagement or leading a compliance team. We love a good story!
Showcase Relevant Certifications:Don’t forget to mention your AML and data protection certifications, like CAMS or CIPP/E. These are crucial for the role, so make them stand out in your application. We appreciate candidates who come prepared with the right qualifications!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at cer Financial
✨Know Your Regulations
Make sure you brush up on the latest FCA, PRA, and AML regulations. Being able to discuss these in detail will show that you're not just familiar with the rules but also understand their implications for the bank's operations.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully managed compliance frameworks or dealt with regulatory bodies. This will help demonstrate your hands-on experience and how it aligns with the responsibilities of the role.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your problem-solving skills in compliance situations. Think about potential challenges you might face as a Head of Compliance and how you would address them effectively.
✨Engage with the Interviewers
Don’t hesitate to ask insightful questions about the bank’s current compliance challenges or future strategies. This shows your genuine interest in the role and helps you gauge if the company culture aligns with your values.
