Our client, a Merchant/Investment Bank are looking for a Head of Compliancefor their London team.
Provide independent oversight of the UK Entities’ holistic compliance obligations and ensure current Group practices are at the forefront of compliance and conduct management in the UK Entities.
Ensure appropriate planning takes place and is integrated into the strategic planning process to ensure the UK Entities’ current and ongoing compliance with regulations and policies.
Proactively drive management processes to ensure the UK Entities’ compliance risk profile remains in line with the Group’s and London Executive Committee risk appetite
Ensure regulatory risk compliance and take co-ownership (with the CEO and Prudential Compliance Manager) of the FCA and PRA (and other relevant statutory bodies) relationships.
Develop and maintain the UK Entities’ conduct and compliance frameworks and appetite statements in collaboration with the relevant Boards and/or governance committees that may be required to approve the frameworks and policies or oversee the implementation thereof. Ensure appropriate structures and processes are in place for the embedment of the UK Entities’ conduct and compliance frameworks and policies, with respect to or relating to:
Annual compliance plan
Compliance monitoring plan (informed by the regulatory risk universe)
Wholesale market conduct
Regulated activities compliance
General compliance such as declarations of interest, personal account trading, and whistleblowing
Provide compliance and conduct advice to Group executives, the London Exco, senior management, and business unit heads with respect to UK laws and regulations, the UK regulatory environment, and the optimal manner in which to implement business activities to ensure ongoing compliance.
Provide transaction-specific advice to stakeholders with respect to UK laws and regulations
Ensure the compliance monitoring processes are in place and aligned with the Group, controls are developed as necessary and monitor the effective functioning of these processes and controls on a day-to-day basis.
Regular reporting on compliance and conduct to London Branch and Boards & London Exco, the International Audit, Risk & Compliance Committee and other relevant bodies.
Lead the UK entities in ensuring compliance with key data protection and privacy legislation and best practise
Ensure timely and accurate non-financial risk reporting to the FCA, PRA or any other regulatory bodies.
Representation on the London Branch Advisory Board
Leading a team of compliance professionals including ongoing performance assessment and feedback processes that form part of the ongoing management strategy
Experience in the UK in a senior compliance role in corporate and investment banking, or in a relevant senior role working for a regulator
Extensive experience with the UK regulatory, legal and conduct regimes applying to corporate and institutional banking and securities firms
Experience leading a team of compliance professionals
Experience engaging at a senior management/executive level
Experience engaging with the UK regulators
For further information please contact Hannah Tabatabai