Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead compliance and legal efforts, ensuring ethical practices and regulatory adherence.
- Company: Join an International Wholesale Bank in the heart of London.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Make a real impact on financial crime prevention and compliance culture.
- Qualifications: 10+ years in compliance and AML within UK wholesale banking required.
- Other info: Be the key contact for FCA and PRA, shaping the bank's compliance strategy.
The predicted salary is between 72000 - 108000 £ per year.
THE COMPANY: We are excited to be working with an International Wholesale Bank located in the City of London, who are looking for a Head of Compliance & Legal and MLRO.
THE RESPONSIBILITIES:
- To work with Senior Management to identify, measure and manage Compliance for the Branch, ensuring that the Branch behaves ethically and in full compliance with relevant Laws and Regulatory requirements.
- To act as the contact point to the Financial Conduct Authority (FCA) and the Prudential Regulatory Authority (PRA), as well as escalation to the management committee and/or parent.
- To hold responsibility as Money Laundering Reporting Officer (MLRO), implementing policies and procedures to mitigate AML risks.
- To hold responsibility for developing and maintaining a programme designed to mitigate Financial Crime.
- To organise and provide training to the Branch staff covering relevant regulatory matters.
- To represent Compliance to the business and provide appropriate advice about regulations and Compliance related matters across all Branch business units.
- To help provide impact analysis and assist in providing practical solutions in respect of requirements arising from the implementation of Financial Conduct Authority (FCA) Regulations, PRA and other regulatory developments, in respect of new and existing businesses.
- To ensure the Branch Compliance policies and procedures are reviewed and updated on a timely basis, incorporating regulatory changes.
- Oversee provision of legal support to the Branch.
- Handle Customer complaints.
EXPERIENCE REQUIRED:
- 10+ years of progressive Compliance and AML experience in wholesale banking in the UK.
- SM16/SM17 experience from a wholesale banking background.
- Strong working knowledge of the UK Regulatory Framework, AML and conduct rules.
- Relevant knowledge of Corporate Banking and Treasury products.
- Ability to work effectively in a cross-cultural environment.
For further information please contact Hannah Tabatabai.
Head of Compliance & Legal and MLRO employer: Compliance Professionals
Contact Detail:
Compliance Professionals Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Compliance & Legal and MLRO
✨Tip Number 1
Make sure to network with professionals in the compliance and legal sectors, especially those who have experience in wholesale banking. Attend industry events or webinars where you can connect with potential colleagues or mentors who might provide insights into the role.
✨Tip Number 2
Familiarise yourself with the latest FCA and PRA regulations, as well as any recent changes in AML laws. Being able to discuss these topics knowledgeably during an interview will demonstrate your commitment and expertise in the field.
✨Tip Number 3
Prepare to showcase your experience in developing compliance programmes and training staff on regulatory matters. Think of specific examples from your past roles that highlight your ability to implement effective compliance strategies.
✨Tip Number 4
Research the company’s culture and values, particularly how they approach compliance and ethical behaviour. Tailoring your conversation to align with their ethos can set you apart as a candidate who is not only qualified but also a good fit for their team.
We think you need these skills to ace Head of Compliance & Legal and MLRO
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in compliance and AML within wholesale banking. Emphasise your knowledge of the UK Regulatory Framework and any relevant qualifications that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses the responsibilities outlined in the job description. Discuss your experience with the FCA and PRA, and how you have successfully managed compliance issues in previous roles.
Showcase Relevant Achievements: In both your CV and cover letter, include specific examples of how you've implemented compliance policies or trained staff on regulatory matters. Quantify your achievements where possible to demonstrate your impact.
Proofread and Edit: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. Ensure that your writing is clear and professional, reflecting the high standards expected in the compliance field.
How to prepare for a job interview at Compliance Professionals
✨Understand the Regulatory Landscape
Make sure you have a solid grasp of the UK Regulatory Framework, including FCA and PRA requirements. Be prepared to discuss how these regulations impact compliance strategies and your approach to mitigating AML risks.
✨Showcase Your Experience
With over 10 years in Compliance and AML, highlight specific examples from your past roles that demonstrate your ability to manage compliance effectively. Discuss any relevant projects or initiatives you've led that align with the responsibilities of the role.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about how you would handle compliance challenges or customer complaints, and be ready to provide practical solutions based on your experience.
✨Emphasise Cross-Cultural Competence
Given the international nature of the bank, be prepared to discuss your experience working in cross-cultural environments. Highlight any instances where you've successfully navigated cultural differences to achieve compliance objectives.
