HEAD OF COMPLIANCE & MLRO - CORPORATE BANKING EXPERIENCE REQUIRED - Compliance Recruitment Solutions

HEAD OF COMPLIANCE & MLRO - CORPORATE BANKING EXPERIENCE REQUIRED

Ref: 4195G

£140K - £180K + Bonus & Benefits City

We have been appointed by our client, the UK Branch Office of a Leading Foreign Bank, to help source a new Head of Compliance & MLRO for their London Office. The role will report directly to the UK General Manager and UK Board. Duties will include:

• Act as the Bank's SMF16 Compliance Oversight function holder and provide effective oversight of the Bank's compliance with applicable FCA and PRA requirements.
• Develop, execute, maintain, review and enhance the Bank's regulatory compliance framework, including the Compliance Manual, policies, procedures, compliance monitoring framework and related governance documents.
• Develop, execute, maintain, review and enhance a risk-based Compliance Monitoring Plan, including thematic reviews, control testing, recommendations, follow-up actions and reporting of findings.
• Monitor developments in applicable UK regulatory requirements, supervisory expectations and good industry practice, and assess their impact on the Bank.
• Prepare and deliver compliance Management Information ("MI") and reports to the Board, the Audit & Risk Committee, senior management.
• Oversee and coordinate the Bank's non-financial regulatory reporting obligations, ensuring timely, accurate and complete submissions and appropriate internal approval.
• Liaise with the FCA, PRA, auditors, and other external stakeholders as required.
• Act as the Bank's SMF17 Money Laundering Reporting Officer and serve as the focal point for the Bank's AML, counter-terrorist financing, sanctions and wider financial crime compliance activities.
• Develop, execute, maintain, review and enhance the Bank's financial crime framework, including policies and procedures covering AML/CTF, sanctions, customer due diligence, enhanced due diligence, transaction monitoring, suspicious activity reporting, bribery and corruption, fraud and related controls.
• Act as the Bank's Data Protection Officer ("DPO"), and act as the main point of contact for data protection matters.

You will have gained solid Compliance and AML experience in a similar Corporate Banking or Foreign Bank Branch environment with a detailed knowledge of FCA & PRA rules and a good understanding of AML requirements. You must also have been be SMF 16 or 17 approved (or be eligible to hold SMF 16 &17 if not previously been approved).

Symes Collins LPC, part of the Compliance Recruitment Solutions Limited (CRS) Group are acting as an employment agency in relation to this role.