Head of Compliance - SMF16

Overview
To lead the management of compliance across the operations and implement policies to meet regulatory requirements, enabling the business to respond to regulatory and legislative changes.
Ensure that a strong compliance culture is recognized and embedded across the Bank.
Support the Executive in achieving their Strategic Plan and objectives in a compliant manner by providing appropriate challenge and diligence.
Responsibilities

• Accountable for ensuring all managers, as set out in the Organisation Chart, fulfill their responsibilities, thereby ensuring full regulatory and statutory compliance is maintained at all times within the Bank.
• Develop and implement the Compliance Framework/Strategy for the bank to meet regulatory requirements.
• Ensure that the Bank complies with the Banking: Conduct of Business Sourcebook.
• Keep senior management and related departments informed about applicable regulatory returns to be completed and deadlines for submission to the FCA/PRA/other regulators.
• Advise senior management and staff on changes in rules, regulations, and compliance standards, including keeping them informed about potential developments in this area.

Experience and Knowledge

• Minimum 10 years of experience in compliance or a strong regulatory compliance background, ideally holding SMF16.
• Deep understanding of relevant UK regulatory requirements.
• Ability to stay updated with current and future regulatory changes affecting the firm's business and inform relevant teams accordingly.
• Adherence to the ethical standards of behaviour and code of conduct issued by the FCA under the Senior Managers Regime.