At a Glance
- Tasks: Lead compliance efforts, oversee AML frameworks, and ensure data protection.
- Company: A small European Bank with a focus on compliance and innovation.
- Benefits: Competitive salary, hybrid working model, and professional development opportunities.
- Other info: Dynamic role with opportunities for career growth and development.
- Why this job: Make a significant impact in compliance and data protection within the banking sector.
- Qualifications: Extensive compliance experience in international banking and strong regulatory knowledge.
The predicted salary is between 75600 - 92400 £ per year.
A small European Bank is seeking a dynamic and experienced individual to manage the compliance function, act as MLRO and Data Protection Officer. Your responsibilities will cover:
- Maintaining the Compliance Framework and Compliance Monitoring Programme
- Providing independent compliance and regulatory advice to management and business teams
- Providing compliance oversight for Treasury activities including wholesale banking, market conduct, and regulatory requirements
- As MLRO oversee AML, financial crime frameworks, risk assessments, training, reporting and regulatory obligations
- As DPO support compliance with GDPR requirements
- Monitoring regulatory developments and support the implementation of any regulatory change initiatives affecting the London office
- Supporting and developing the Compliance team
Your experience must include:
- Extensive compliance experience gained within international banking including regulatory risk and financial crime as an SMF 16 and ideally SMF 17
- Strong knowledge of FCA and PRA regulatory requirements, AML & Financial Crime regulations, UK GDPR and Data Protection Requirements, SMCR and MIFID II, Market Abuse Regulation and EMIR
- Good understanding of corporate and wholesale banking activities
- Excellent communication skills to liaise at all levels and with regulators
- Strong analytical, judgement and problem-solving abilities
This role will be working 5 days a week in the London office for the first 6 months and will then convert to hybrid working 3 days a week in the office and 2 days remotely.
Head of Compliance, MLRO & Data Protection Officer in London employer: Prime Personnel UK
Join a prestigious international bank that values innovation and excellence in the financial sector. With a strong emphasis on employee development, you will have access to comprehensive training programs and career advancement opportunities, all within a collaborative and dynamic work culture. Located in a vibrant city, this role offers not only competitive benefits but also the chance to work on impactful projects that shape the future of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Compliance, MLRO & Data Protection Officer in 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 Prime Personnel UK looking for candidates who are engaged and informed.
We think you need these skills to ace Head of Compliance, MLRO & Data Protection Officer in 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 Prime Personnel UK. 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 Prime Personnel UK
✨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 Prime Personnel UK’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
