SonicJobs Logo
Login
Left arrow iconBack to search

Deputy Head of Compliance and MLRO

cer Financial Ltd
Posted 2 days ago, valid for 17 days
Location

London, Greater London EC2V 7WS, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • The position of Deputy Head of Compliance and MLRO is available at a bank located in the City of London on a permanent basis.
  • The salary for this role ranges from £90,000 to £120,000.
  • Candidates must possess a minimum of 5 years of relevant experience in a Legal, Compliance, or Regulatory function.
  • Key responsibilities include managing the Compliance team, performing horizon scanning, and ensuring effective implementation of regulatory requirements.
  • The ideal candidate should have a degree-level qualification and strong knowledge of financial regulations and the FCA Handbook.

Deputy Head of Compliance and MLRO

City of London

Permanent

£90,000 - £120,000

cer Financial are working alongside a bank who are based in the City of London. They are seeking a Deputy Head of Compliance and MLRO to work with them on a permanent basis.

The responsibilities of a Deputy Head of Compliance and MLRO will include:

  • Assist HoC to manage the Compliance team actively to support the development of a positive Compliance culture
  • To perform horizon scanning and support the effective implementation of new regulatory requirements that impact the business
  • Identify, recommend and implement areas for improvement and business process developments where appropriate.
  • Responsibility for Control Effectiveness testing and submission of written reports / Management Information to the HoC
  • Acting as the Deputy Money Laundering Reporting Officer
  • Horizon scanning of new regulatory developments and recommending changes required.
  • Oversee the Market Surveillance activity as and when required.
  • Responsible for ensuring that the Training & Competency program is carried out as stipulated by the HoC
  • Identifying gaps in compliance and recommending adjustments to policies, procedures and controls
  • Assisting HoC with the BWRA and MARA processes
  • Ensuring HR procedures are correctly supervised and adhered to
  • Risks are managed and measured through ensuring appropriate systems and controls
  • Ensure risks of a significant nature and impact are reported and escalated as appropriate
  • Ensure that you maintain up to date understanding of regulatory requirements
  • Produce regular risk reports demonstrate that risks are being effectively managed
  • Audit results do not identify significant unmanaged risk or control weaknesses

The successful Deputy Head of Compliance and MLRO will have:

  • Degree level further education qualification
  • A minimum of 5 years of relevant experience within a Legal, Compliance or Regulatory function
  • Previous experience in a SMF16 and 17 function (optional)
  • Strong working knowledge of financial regulation, securities laws, directives and expectation areas
  • Full understanding of the FCA Handbook

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.