Director - Compliance

  • Job Reference: CJ-1362
  • Date Posted: 29 April 2024
  • Recruiter: C-James
  • Location: London
  • Salary: £120,000 to £150,000
  • Sector: Legal & Compliance
  • Job Type: Permanent
  • Work Hours: Full Time
  • Contact: Smriti Singh
  • Email: ss@c-james.com
  • Telephone: 0207 240 0760

Job Description

Our client, a small International Bank, seeks an experienced Compliance and AML professional to manage all aspects of compliance.

JOB OVERVIEW

  • Oversee the Compliance and AML function.
  • Responsible for the Branch’s compliance with the UK regulatory system applicable to the Branch.
  • Responsible for the firm’s obligations for conduct rules training and reporting.
  • Assist CRO with Head Office reporting including the Annual Compliance Plan.
  • Work with Business to design and manufacture products intended for wholesale customers.
  • Review the production and distribution of marketing materials and communications.
  • Support Money Laundering Reporting - Local responsibility for the Branch’s policies and procedures for countering the risk that the Branch might be used to further financial crime.

 

MAIN ACCOUNTABILITIES

  • Responsible for the policies and procedures forming the compliance framework within the Branch
  • Ensure the compliance framework is regularly reviewed and consistent with all applicable legal and regulatory requirements, which in turn will be reviewed annually by the CRO and internal committees to ensure continued effectiveness and appropriateness.
  • Keep up to date with applicable legal and regulatory requirements and obligations and ensure these are communicated to the senior management team and impacted staff in a timely and effective manner.
  • Advise on regulatory requirements of any new business or new products.
  • Oversight of the ongoing compliance with SCV requirements.
  • Provide compliance, anti-money laundering, financial crime and conduct rules training to the Branch’s management, team heads and other staff
  • Anti-Money Laundering - Ensure that the following tasks are done

 

KNOWLEDGE AND SKILLS REQUIRED

  • Senior level Compliance and AML experience.
  • Understanding of relevant FCA rules, FOS, Data Protection legislation.
  • Anti Financial Crime legislations and JMLSG guidance.
  • Financial services and/or Banking experience.