At a Glance
- Tasks: Lead compliance, risk, and financial crime oversight for a major banking branch.
- Company: A leading international corporate and investment bank with a global presence.
- Benefits: High-impact role with visibility and influence in a dynamic environment.
- Other info: Opportunity for career growth within a global banking group.
- Why this job: Shape local strategy while engaging directly with regulators and senior stakeholders.
- Qualifications: Senior compliance leadership experience in banking and knowledge of Swedish regulations.
The predicted salary is between 80000 - 120000 € per year.
A leading international corporate and investment bank is looking to appoint a Head of Compliance, Risk & MLRO (Director level) to take full ownership of regulatory, financial crime, and risk oversight for its Swedish Branch. This is a senior, high-impact leadership role, sitting on the local executive committee and acting as the key interface with regulators, while shaping the overall compliance and risk strategy for the business.
The Role
You will take end-to-end responsibility for the branch’s compliance, financial crime, and risk framework, ensuring adherence to all local regulatory requirements while aligning with global governance standards. Acting as the primary contact for the Swedish FSA, you will play a critical role in managing regulatory relationships, overseeing inspections, and ensuring the business operates within a robust control environment. In parallel, you will have broad oversight across risk disciplines (credit, market, operational and enterprise risk), working closely with both local and head office stakeholders to ensure effective risk governance and escalation.
Key Responsibilities
- Regulatory Leadership: Act as the designated point of contact for the Swedish FSA and other local regulators. Lead regulatory engagement, inspections, and ongoing supervisory relationships. Escalate key regulatory matters to senior management and head office.
- Compliance & Financial Crime Oversight: Own the AML, sanctions, and financial crime framework for the Swedish branch. Ensure compliance with all applicable Swedish regulatory and legislative requirements. Drive a strong compliance culture across the business.
- Risk Oversight & Governance: Provide senior oversight across credit, market, operational, and enterprise risk. Contribute to risk governance, including participation in local and global risk committees. Monitor watchlists, provisioning, and broader risk exposures.
- Strategy & Leadership: Define and implement the compliance and risk strategy for the branch. Sit on the local executive committee, contributing to overall business strategy. Lead and develop the local Compliance & Risk function, including budget responsibility.
- Controls, Monitoring & Reporting: Establish and maintain policies, procedures, and control frameworks. Deliver regular reporting to senior management and head office (KPIs, KRIs, metrics). Ensure timely implementation of regulatory and internal audit recommendations.
- Operational Resilience & Security: Oversee information security, business continuity, and physical security frameworks. Ensure robust BCP and disaster recovery planning in collaboration with IT.
- Global Alignment: Ensure adherence to global risk frameworks, policies, and risk appetite. Collaborate with head office on country risk limits and governance processes.
What They’re Looking For
- Proven experience in a senior compliance leadership role within banking (branch experience highly beneficial).
- Strong knowledge of Swedish regulatory environment and direct interaction with the Swedish FSA.
- Deep expertise across compliance, financial crime (AML/sanctions), and risk management.
- Ability to operate at executive level, influencing senior stakeholders and regulators.
- Hands-on approach with the ability to operate in a lean, high-responsibility environment.
Why This Role?
- True “Head of” ownership across compliance, risk, and financial crime.
- High visibility role with direct regulatory interaction.
- Opportunity to shape and influence local strategy within a global banking group.
- Broad scope across both first-line business engagement and second-line oversight.
Head of Compliance Risk, MLRO (Sweden) in London employer: LevelUP HCS
As a leading international corporate and investment bank, we pride ourselves on fostering a dynamic work culture that prioritises compliance, risk management, and employee development. Our Swedish branch offers a unique opportunity for the Head of Compliance Risk, MLRO to take on a high-impact leadership role, with direct engagement with regulators and the chance to shape local strategy within a global framework. We are committed to providing our employees with robust growth opportunities, a collaborative environment, and the resources needed to excel in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance Risk, MLRO (Sweden) in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to folks who work at your target companies. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Ace the Informational Interview
Set up informal chats with professionals in compliance and risk management. These conversations can give you valuable insights into the role and the company culture. Plus, it’s a great way to showcase your enthusiasm and knowledge, which could lead to job opportunities down the line.
✨Showcase Your Expertise
When you get the chance to meet potential employers, make sure to highlight your experience in compliance and risk management. Share specific examples of how you've navigated regulatory challenges or improved compliance frameworks. This will help you stand out as a candidate who can hit the ground running.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through our site not only shows your interest but also gives you a better chance of being noticed by hiring managers. So, keep an eye out and apply early!
We think you need these skills to ace Head of Compliance Risk, MLRO (Sweden) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Compliance, Risk & MLRO role. Highlight your experience in compliance leadership and your knowledge of the Swedish regulatory environment. We want to see how your background aligns with the key responsibilities outlined 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. Share specific examples of your past achievements in compliance and risk management, and don’t forget to mention your hands-on approach and ability to influence senior stakeholders.
Showcase Your Regulatory Experience:Since this role involves direct interaction with the Swedish FSA, make sure to highlight any relevant experience you have with regulators. We want to know how you've managed regulatory relationships and navigated inspections in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves. Don’t miss out on this opportunity!
How to prepare for a job interview at LevelUP HCS
✨Know Your Regulatory Stuff
Make sure you brush up on the Swedish regulatory environment and the specific requirements of the Swedish FSA. Being able to discuss recent regulatory changes or challenges in the banking sector will show that you're not just familiar with the rules, but also engaged with the current landscape.
✨Showcase Your Leadership Skills
As a Head of Compliance, you'll need to demonstrate your leadership capabilities. Prepare examples of how you've led teams or initiatives in the past, particularly in compliance or risk management. Highlight your ability to influence senior stakeholders and drive a strong compliance culture.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your problem-solving skills in compliance and risk situations. Think about potential regulatory challenges you might face and how you would address them. This will help you showcase your strategic thinking and operational resilience.
✨Align with Global Standards
Familiarise yourself with global governance standards and how they apply to local operations. Be ready to discuss how you would ensure alignment between local compliance frameworks and global policies, demonstrating your understanding of the bigger picture in a multinational banking environment.
