Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead compliance efforts and ensure adherence to financial regulations in a dynamic lending platform.
- Company: Join CLARC Recruitment, a specialist in Legal, Audit, Risk & Compliance with global offices.
- Benefits: Enjoy a secure application process and the chance to work in a vibrant team environment.
- Why this job: Be a key player in shaping compliance policies and making a real impact in consumer finance.
- Qualifications: Must be FCA-authorized SMF16/17 with proven compliance leadership experience in financial services.
- Other info: Candidates can be based in London but must visit Sheffield regularly.
The predicted salary is between 48000 - 84000 £ per year.
We are exclusively recruiting a Head of Compliance & MLRO (SMF16/17) for a unique lending platform which allows us to offer full lending services in real time. The Head of Compliance will play a critical role in establishing, monitoring, and enforcing compliance policies, procedures, and controls to demonstrate adherence to regulatory requirements and ensuring fair outcomes to consumers. The individual will act as the principal compliance advisor to the business and serve as the main point of contact for regulatory bodies.
The ideal candidate will be based in Sheffield, but the client will consider candidates in London who will be required to visit the Sheffield office on a regular basis.
Main Responsibilities
- Develop, implement, and maintain a robust compliance framework in line with financial regulations and best practices. This will include writing, developing, and maintaining comprehensive compliance policies and procedures in line with regulatory requirements and industry best practices.
- Ensure adherence to all relevant laws, regulations, and industry guidelines, including CONC, PRIN (Consumer Duty), DISP, and CCA regulations.
- Provide guidance and advice to the business on the FCA rules (including Consumer Duty and the Consumer Credit Sourcebook).
- Act as the primary contact with regulators and ensure timely reporting and communication on compliance matters.
- Oversee Anti-Money Laundering (AML) and Fraud Prevention programs.
- Serve as the designated MLRO, ensuring timely filing of Suspicious Activity Reports (SARs) and liaising with law enforcement agencies where necessary.
- Prepare and present compliance reports to the Board of Directors and senior management.
- Advise the business on compliance risks related to new products, services, and markets.
Job Requirements:
- Previously authorised as an SMF16/17 with the FCA.
- Proven experience in a compliance leadership role within the financial services.
- Proven experience working as a Compliance Officer in the financial services industry, with a focus on the Consumer Finance Sector.
- Strong understanding of AML, Fraud, and broader financial crime regulations.
- Experience in dealing with regulatory bodies and preparing regulatory reports.
Unless otherwise stated, candidates must have the right to work in the UK.
#J-18808-Ljbffr
Exclusive - Head of Compliance & MLRO employer: CLARC Recruitment
Contact Detail:
CLARC Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Exclusive - Head of Compliance & MLRO
✨Tip Number 1
Make sure to familiarize yourself with the specific compliance frameworks and regulations mentioned in the job description, such as CONC, PRIN, DISP, and CCA. This knowledge will not only help you during the interview but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network with professionals in the compliance and financial services sectors. Engaging with others in the field can provide valuable insights and potentially lead to referrals or recommendations that could strengthen your application.
✨Tip Number 3
Prepare to discuss your previous experiences in compliance leadership roles, particularly those that align with the responsibilities outlined in the job description. Be ready to share specific examples of how you've developed and implemented compliance frameworks.
✨Tip Number 4
Since the role involves acting as a primary contact with regulators, consider brushing up on your communication skills. Practice articulating complex compliance issues clearly and concisely, as this will be crucial during interviews and interactions with regulatory bodies.
We think you need these skills to ace Exclusive - Head of Compliance & MLRO
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Head of Compliance & MLRO position. Tailor your application to highlight your relevant experience in compliance leadership within financial services.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous roles as an SMF16/17 and your experience with AML, fraud prevention, and regulatory bodies. Use specific examples to demonstrate your expertise in compliance policies and procedures.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how your skills align with the company's needs. Mention your understanding of FCA rules and your ability to provide guidance on compliance risks.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a compliance role.
How to prepare for a job interview at CLARC Recruitment
✨Showcase Your Compliance Expertise
Be prepared to discuss your previous experience in compliance leadership roles, especially within the financial services sector. Highlight specific examples where you developed and implemented compliance frameworks that adhered to regulatory requirements.
✨Understand Regulatory Requirements
Familiarize yourself with key regulations such as CONC, PRIN, DISP, and CCA. Be ready to explain how these regulations impact the lending platform and how you would ensure compliance in your role.
✨Demonstrate Communication Skills
As the main point of contact for regulatory bodies, effective communication is crucial. Prepare to discuss how you have successfully liaised with regulators in the past and how you would handle compliance reporting and communication in this role.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in compliance scenarios. Think about potential compliance risks related to new products or services and how you would advise the business to mitigate those risks.
