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Compliance Manager - Retail Bank

My Client is a Retail Bank and they are looking for someone to lead the Compliance function. As Compliance Manager you will be responsible for ensuring that the business operates within its legal and regulatory obligations, through the provision of 2nd line advisory, oversight and challenge. This includes verifying appropriate policies and processes are in place, as well as monitoring and testing across the businesses to evidence compliance and provide assurance to the Board.


Compliance and Regulation

Developing a full understanding and knowledge of the compliance requirements, company policies and departmental procedures pertaining to your role as specified in your contract of employment, Employee Handbook, Compliance Manual, and other relevant documents and acting in accordance with the standards, instructions laid out in, and the spirit of, those documents at all times.

Compliance Leadership

• Providing day to day leadership for the compliance team, ensuring it continues to develop into a highly respected, collaborative, and effective team, covering the full range of compliance support across the group.

• Ensuring a fully implemented compliance policy for the group, with compliance culture embedded in the way we do things across all levels in organisation.

Compliance Monitoring

• Implementing and supporting all compliance second line of defence activities.

• Producing and implementing the Compliance Monitoring Programme.

• Ensuring that significant risks are promptly escalated.

• Supporting implementation and oversight of the SMR and associated responsibilities.

• Oversight of quarterly regulatory reporting.

• Monitoring of FCA reporting requirements including breaches, waivers and notifications.

• Monitoring all CDD / AML / CTF activities ensuring the business is not used for Financial Crime.

Compliance Advisory

• Keeping up to date with EBA, FCA and PRA regulations affecting the business, and advising stakeholders accordingly of current and future FCA and PRA regulations and requirements through a thorough programme of horizon scanning.

• Delivering internal advice to staff on all compliance related issues.

• Reviewing marketing material and external communications to ensure they are compliant with current legislation.

Compliance Testing

• Identifying and providing analysis of compliance integrity issues, common errors and procedural limitations to enhance operational performance and minimise risk.

• Introducing and maintaining an on-going review of relevant processes to ensure consistency across compliance and related activities.

• Leading Compliance function projects as required.


• Experience of leadership in a Compliance Department, with demonstrable subject matter expertise.

• Minimum 8 years solid banking or mortgage compliance experience covering breadth and depth in FCA and PRA compliance activities.

• ICA or similar compliance qualifications.

• Proven ability of establishing strong, effective working relationships at all levels.

• Strong organisation, accuracy and attention to detail.

• Strong communication and interpersonal skills.

• Clear sense of responsibility and accountability. This role will be certified under the SM & CR regime.

Location: london | Salary: £100000 - £120000 per year | Job Type: Permanent | Posted: 04/01/2017