At a Glance
- Tasks: Lead compliance initiatives and ensure adherence to regulations in a dynamic banking environment.
- Company: A leading bank committed to integrity and compliance excellence.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Join a forward-thinking team with a focus on innovation and ethical practices.
- Why this job: Shape the future of compliance and make a significant impact in the financial sector.
- Qualifications: Strong background in legal compliance and risk management required.
The predicted salary is between 80000 - 100000 € per year.
Compliance and Financial Crime:
- Responsible for developing and maintaining Compliance culture within the Bank.
- Create, review and update Compliance policies and procedures in line with regulatory guidelines.
- Programme for Compliance Training and competency development.
- Horizon Scanning and mapping of regulations with relevant business and operations.
- Create, review and update of policies and procedures pertaining to Financial Crime areas including KYC, AML, Sanctions, ABC and Fraud.
- MLRO Report covering Enterprise-Wide Financial Crime Risk Assessment and oversight plan.
- Developing a risk-based Compliance Monitoring Plan (CMP).
- Implementation and review of CMP across departments and branches.
- Follow up on action points emanating from Compliance Oversight Reviews.
- Periodic reporting of KRIs and KPIs to Board Risk Committee / Group Compliance.
- Liaising with internal and external stakeholders including regulators.
- Maintain and update management responsibilities map.
- Oversight of frauds, including pursuing legal / criminal action.
- Periodical oversight of product features / policies / procedures to ensure adherence to regulatory requirements.
- Review marketing initiatives / campaigns to ensure adherence to regulatory requirements.
- Accountability and responsibility from all functionaries of Legal & Compliance department and to ensure that appropriate mechanism is put in place for these to be duly accounted for in performance reviews of concerned employee.
- Mapping of competencies, identification of gaps in skillsets / knowledge and arranging training to address gaps identified.
Legal:
- Review of legal agreements.
- Legal advice through internal and external sources.
- Maintaining external panel of solicitors; and manage litigations.
Head of Legal Compliance in Slough employer: UK Bank
As a leading financial institution, we pride ourselves on fostering a robust Compliance culture that empowers our employees to thrive in their roles. Our commitment to professional development is evident through comprehensive training programmes and clear pathways for career advancement, all within a collaborative and supportive work environment. Located in a vibrant city, we offer unique advantages such as access to industry events and networking opportunities, making us an exceptional employer for those seeking meaningful and rewarding careers in legal compliance.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Legal Compliance in Slough
✨Tip Number 1
Network like a pro! Reach out to professionals in the compliance and legal fields on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show off your expertise.
✨Tip Number 2
Prepare for interviews by brushing up on the latest regulations and compliance trends. We want you to be able to discuss how you can develop and maintain a strong compliance culture within the bank.
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply directly through it. This way, you’ll be one step ahead of the competition and show your enthusiasm for the role.
✨Tip Number 4
Showcase your skills in compliance training and risk assessment during interviews. We love candidates who can demonstrate their ability to create and implement effective compliance policies and procedures.
We think you need these skills to ace Head of Legal Compliance in Slough
Some tips for your application 🫡
Show Your Compliance Passion:When writing your application, let us see your enthusiasm for compliance and financial crime prevention. Share any relevant experiences or projects that highlight your commitment to maintaining a strong compliance culture.
Tailor Your Policies Knowledge:Make sure to mention your familiarity with compliance policies and procedures, especially those related to KYC, AML, and fraud. We want to know how you can contribute to creating and updating these vital documents.
Highlight Your Training Experience:If you've developed or delivered compliance training before, shout about it! We’re keen on candidates who can enhance our training programmes and help build competencies across the team.
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language to describe your skills and experiences, making it easy for us to see why you’d be a great fit for the Head of Legal Compliance role.
How to prepare for a job interview at UK Bank
✨Know Your Compliance Stuff
Make sure you brush up on the latest compliance regulations and financial crime laws. Familiarise yourself with KYC, AML, and other relevant areas. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Training Skills
Since the role involves creating and implementing compliance training programmes, be ready to share your experiences in developing training materials or leading workshops. Highlight any successful initiatives you've led in the past.
✨Demonstrate Stakeholder Engagement
This position requires liaising with various stakeholders, so prepare examples of how you've effectively communicated with regulators or internal teams. Show that you can build relationships and navigate complex discussions.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to compliance challenges. Think through your approach to risk assessments or handling compliance breaches. This will demonstrate your problem-solving skills and strategic thinking.
