Head of Legal and Compliance

THE COMPANY:

Our client is a successful retail and corporate banking firm. They are looking to hire a Head of Legal and Compliance.

THE RESPONSIBILITIES:

• Responsible for developing and maintaining Compliance culture within the Bank.
• Create, review and update Compliance policies and procedures in line with regulatory guidelines.
• Compliance Training and competency development.
• Horizon Scanning and mapping of regulations with relevant business and operations.
• Create, review and update of policies and procedures pertaining to Financial Crime
• MLRO Report
• Developing a risk-based Compliance Monitoring Plan (CMP).
• Implementation and review of CMP across departments and branches.
• Follow up on action points emanating from Compliance Oversight Reviews.
• Periodic reporting of KRIs and KPIs to Board Risk Committee / Group Compliance.
• Liaising with internal and external stakeholders including regulators.
• Maintain and update management responsibilities map.
• Oversight of fraud
• Review marketing initiatives / campaigns to ensure adherence to regulatory requirements.
• Accountability and responsibility from all functionaries of Legal & Compliance department
• Mapping of competencies, identification of gaps in skillsets / knowledge and arranging training to address gaps identified.
• Review of legal agreements.
• Legal advice through internal and external sources.
• Maintaining external panel of solicitors

EXPERIENCE REQUIRED:

• Excellent Communication and Interpersonal skills with the ability to interact with all levels of staff and management.
• Proven Strong Leadership and People Management skills.
• Analytical and Decisive –
• Sound understanding of current and anticipated UK requirements and supervisory expectations.
• Experience in managing the bank relationship with the FCA / PRA
• Experience at SMF in a banking environment or similar

For further information please contact Natalie Eshelby