Job Description

THE COMPANY:
Our client is an international bank specialising in commercial and investment banking services.
THE RESPONSIBILITIES:

• Establish, implement and maintain robust compliance, regulatory reporting and conduct frameworks, including policies, procedures, controls, monitoring and governance arrangements, to ensure adherence to all applicable UK legal and regulatory obligations and relevant Head Office group policies, and to identify and mitigate regulatory, conduct and anti-bribery and corruption risks.
• Ensure that compliance, conduct and anti-bribery and corruption policies and governance arrangements are effectively communicated across the Branch and to Head Office, including notification of any material updates or changes.
• Review, assess and manage requests for exceptions or waivers to Branch compliance policies.
• Lead the development, articulation and ongoing maintenance of the Branch's compliance risk appetite, working collaboratively with the MLRO, Branch Senior Management and Head Office stakeholders.
• Provide oversight and monitoring of first line activities within the Branch, as well as outsourced activities, and report on compliance with Branch policies, UK legal and regulatory requirements and performance against the compliance risk appetite, making recommendations for enhancement where appropriate.
• Develop and maintain operating procedures to support the effective discharge of the Head of Regulatory Compliance role and second line compliance monitoring responsibilities.
• Design and maintain a consistent methodology for, and conduct, regular Branch-wide compliance risk and control assessments, providing recommendations for improvement where required.
• Provide Branch Management and Head Office with timely and sufficient information on regulatory, conduct and anti-bribery and corruption risks and related operational activities (including conflicts of interest, gifts and hospitality, expenses, complaints and policy breaches), together with recommendations for remedial actions.
• Keep Branch Management and Head Office informed of relevant legal and regulatory developments and assess their impact on Branch policies and activities, including recommended actions.
• Offer clear advice and guidance to the First Line of Defence and Branch Senior Management on regulatory compliance, conduct and anti-bribery and corruption matters, risks and mitigating controls.
• Design and deliver appropriate role-based training to the Branch's First and Second Lines of Defence on regulatory compliance and conduct policies and applicable legal and regulatory requirements, including the Conduct Rules under the Senior Managers Regime.
• Demonstrate the required skills, expertise and behaviours in performing the role and ensure ongoing compliance with all applicable laws, regulations, Branch policies and codes of conduct, including the Senior Managers Conduct Rules.
• Act as the primary point of contact with regulators, coordinating and managing responses to information requests from regulators and law enforcement authorities.
• Manage the preparation for, and conduct of, regulatory inspections and audit reviews relating to regulatory compliance, conduct, governance and anti-bribery and corruption, and oversee the timely completion of any follow-up actions.
• Support Branch Management in the handling of legal matters, engaging external counsel where appropriate.
• Ensure compliance with all applicable regulatory reporting obligations, including the timely and accurate submission of required regulatory returns.

EXPERIENCE REQUIRED:

• Significant experience in UK wholesale/corporate Banking/financial services compliance
• SMF16 registered would be advantages
• Experience in a small to medium-size foreign bank would be advantageous
• Experience dealing directly with the FCA and PRA.
• Experience in an SMF role or a senior role under SM&CR.
• Experience working in a Group environment is desirable, with shared oversight across multiple jurisdictions (preferably including the Middle East).

For further information please contact Hannah Tabatabai
About this role
Location:
London
Specialism:
Salary:
Market rate
Type:
Reference:
19416

Skills Required