At a Glance
- Tasks: Support compliance framework and manage regulatory obligations in a dynamic banking environment.
- Company: Respected international bank located in Central London.
- Benefits: Competitive salary, collaborative culture, and excellent transport links.
- Other info: Opportunity for professional growth and exposure to diverse compliance activities.
- Why this job: Make a meaningful impact while advancing your career in compliance and financial crime.
- Qualifications: Experience in compliance and strong knowledge of UK banking regulations required.
Location: Central London
Salary: £55,000 - £60,000 per annum
Working Pattern: Full-time, Office-Based
We are seeking an experienced and motivated Deputy Manager - Legal & Compliance to join our Legal & Compliance team in Central London. This is an excellent opportunity for a compliance professional with strong Anti-Financial Crime (AFC) expertise to play a key role in supporting the management of the Bank's compliance framework and regulatory obligations.
Reporting directly to the Head of Compliance and MLRO, you will be responsible for providing second-line oversight, compliance advisory support, and ensuring the effectiveness of the Bank's Anti-Financial Crime and Compliance controls.
Key Responsibilities
- Conduct Compliance and Financial Crime Risk Assessments across key business areas.
- Review and recommend approval of KYC files completed by the first line of defence.
- Perform Compliance Oversight Reviews in line with the Compliance Monitoring Plan.
- Track, monitor and follow up on actions arising from compliance reviews.
- Identify potential compliance and financial crime risks and implement appropriate mitigating controls.
- Provide expert guidance and advice to senior management, business units and support functions on Compliance and Anti-Financial Crime matters.
- Develop, review and maintain compliance and financial crime policies, procedures and controls.
- Support the management of day-to-day Compliance and Anti-Financial Crime activities.
- Investigate and review Financial Crime-related queries and escalations, including AML, KYC, sanctions, fraud and market abuse matters.
- Prepare and maintain regulatory reports, MLRO reports and Country Risk Assessments.
- Deliver oversight and reporting to internal committees, Head Office and regulatory bodies.
- Support the development and delivery of annual Compliance and Anti-Financial Crime training programmes.
- Participate in internal and external audits and ensure regulatory recommendations are effectively implemented.
- Provide compliance oversight for regulatory change projects and key business initiatives.
- Build strong relationships with internal stakeholders, external partners and regulators.
- Promote and maintain a strong culture of compliance throughout the organisation.
- Monitor regulatory developments and provide timely guidance on emerging compliance requirements.
About You
To be successful in this role, you will have:
- Proven experience in a Compliance and/or Anti-Financial Crime leadership role within banking or financial services.
- Strong knowledge of UK Banking Regulations, Money Laundering Regulations, JMLSG Guidance and FCA Principles.
- Practical experience in KYC, AML, Sanctions, Fraud and Financial Crime Risk Management.
- Excellent understanding of risk-based approaches to customer onboarding, periodic reviews and ongoing monitoring.
- Strong analytical skills with the ability to interpret data and identify emerging risks.
- Excellent written and verbal communication skills.
- The ability to influence stakeholders and provide clear, practical compliance advice.
- Experience working across multiple business areas within a banking environment.
- Strong organisational skills with exceptional attention to detail.
- A proactive, self-motivated approach and the ability to work effectively in a fast-paced environment.
What We Offer
- Competitive salary of £55,000 - £60,000.
- Opportunity to work within a respected international banking environment.
- Exposure to a broad range of compliance, regulatory and financial crime activities.
- A collaborative and professional working culture.
- Central London office location with excellent transport links.
If you are a compliance professional looking to take the next step in your career and make a meaningful impact within a dynamic banking environment, we would welcome your application.
Deputy Manager Compliance in City of London employer: LJ Recruitment
Join our dynamic team in Central London as a Deputy Manager - Legal & Compliance, where you will thrive in a collaborative and professional environment. We offer a competitive salary, exposure to a wide range of compliance activities, and the opportunity for meaningful career growth within a respected international banking institution. With excellent transport links and a strong culture of compliance, this role is perfect for those looking to make a significant impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Deputy Manager Compliance in City of London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like LJ Recruitment looking for candidates who are engaged and informed.
We think you need these skills to ace Deputy Manager Compliance in City of London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at LJ Recruitment. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at LJ Recruitment
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with LJ Recruitment’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
