Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead compliance and financial crime management for a prestigious private banking institution.
- Company: International finance bank with a strong presence in London.
- Benefits: Competitive salary, career advancement, and a dynamic work environment.
- Why this job: Shape compliance strategies and make a significant impact in the banking sector.
- Qualifications: 10+ years in UK banking compliance, ideally in private banking or wealth management.
- Other info: Opportunity to work in a collaborative, multi-jurisdictional environment.
The predicted salary is between 72000 - 108000 £ per year.
We have been instructed by an international Private, corporate & specialist finance bank who has their European hub in London. They provide a range of corporate banking, private banking and real estate services.
Responsibilities
- Act as SMF16 (Compliance Oversight) and SMF17 (MLRO) under the FCA Senior Managers Regime.
- Lead engagement with UK regulators and law enforcement.
- Maintain governance structures, SMCR obligations including Statement of Responsibilities, and Management Responsibilities Map.
- Ensure readiness for audits, reviews, and regulatory inspections.
- Develop and maintain a UK Shariah‑compliant compliance framework, policies, and monitoring plans.
- Conduct assurance reviews and risk assessments, report regularly to Board and Senior Management.
- Oversee Certification Regime and fitness & propriety assessments.
- Maintain AML and financial crime frameworks, including policies and controls.
- Review suspicious activity reports (SARs) and submit to NCA where appropriate.
- Provide guidance and advice on AML, CTF, sanctions, fraud, and anti‑bribery.
- Ensure compliance with UK legislation (POCA, MLR, sanctions, anti‑bribery).
- Act as UK liaison for Group compliance and financial crime management.
- Ensure consistency of compliance and financial crime frameworks across both the UK and Group entities.
- Align frameworks and contribute to Group policy development and reporting.
- Prepare compliance and financial crime reports for Board and internal committees.
- Maintain registers, policies, and MI dashboards for oversight.
- Oversee the preparation, accuracy, and timely submission of all regulatory returns and reports to relevant authorities, ensuring compliance with applicable laws, regulations, and internal governance standards.
- Implement compliance and conduct training; promote strong compliance culture, aligning to the conduct rules and embedding the code of conduct.
- Ensure understanding of and adherence to FCA Conduct Rules across the bank.
- Review and update policies in line with regulatory and business changes.
- Support audits and regulatory reviews, ensuring timely closure of findings.
Experience Required
- Significant experience in UK Banking/financial services compliance (10+ years).
- Ideally Private banking/wealth management or foreign banking background.
- Experience in a small to medium‑size foreign bank would be advantageous.
- Experience dealing directly with the FCA and PRA.
- Experience in a dual‑function SMF role or a senior role under SM&CR.
- Experience working in a Group environment is desirable, with shared oversight across multiple jurisdictions (preferably including the Middle East).
Head of Compliance and MLRO – Private Banking in England employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance and MLRO – Private Banking in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and compliance sectors. Attend industry events or webinars where you can meet potential employers or colleagues. Remember, sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their compliance framework and recent regulatory changes. This will help you tailor your answers and show that you’re genuinely interested in the role and the organisation.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the responsibilities of the Head of Compliance and MLRO role. Highlight your past achievements in compliance and how they can benefit the bank.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Head of Compliance and MLRO – Private Banking in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Compliance and MLRO role. Highlight your experience in UK banking compliance, especially any direct dealings with the FCA and PRA. We want to see how your background aligns 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 role. Share specific examples of your experience in compliance frameworks and regulatory inspections. Don’t forget to mention your passion for maintaining a strong compliance culture!
Showcase Your Leadership Skills: As this role involves leading engagement with regulators and overseeing compliance frameworks, make sure to highlight your leadership experience. We’re looking for someone who can inspire and guide teams while ensuring adherence to regulations.
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 from us!
How to prepare for a job interview at Compliance Professionals
✨Know Your Regulations
Make sure you’re well-versed in the latest FCA and PRA regulations. Brush up on compliance frameworks, especially those relevant to private banking and financial crime. This will show that you’re not just familiar with the rules but can also navigate them effectively.
✨Demonstrate Leadership Skills
As a Head of Compliance and MLRO, you’ll need to lead teams and engage with regulators. Prepare examples of how you’ve successfully led compliance initiatives or managed audits in the past. Highlight your experience in fostering a strong compliance culture within an organisation.
✨Showcase Your Analytical Skills
Be ready to discuss how you conduct risk assessments and assurance reviews. Bring specific examples of how your analytical skills have helped identify compliance issues or improve processes. This will demonstrate your ability to think critically and act decisively.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your problem-solving abilities in real-world compliance situations. Think about potential challenges you might face in this role and how you would address them. This will help you showcase your strategic thinking and readiness for the position.
