Head of Compliance

Job description / Role

- You will develop and oversee the compliance department for a prestigious financial services firm.
- You will be managing a small team responsible for the Compliance Oversight, Money Laundering Reporting and Fraud risk Management (Financial Crime) functions of the business.
- Actively support the business, and its managers to ensure that the firm operates and maintains a compliant culture adhering to Central Bank regulations, Anti Money Laundering regulations and any other regulations that impact the firm with a view to ensuring that the compliance policies and procedures are continually up-to-date.
- Assume overall responsibility to monitor the Compliance and Financial Crime risks; developing and maintaining effective processes to assist the business to identify, manage, monitor and report any regulatory and financial crime risks the firm currently faces or might be exposed to.
- Ensure that all areas operate in accordance with approved policies and procedures, and appropriate systems and controls are in place to ensure compliance with applicable laws and regulations.
- Intervene to ensure corrective action as necessary.
- Build and maintain a robust compliance service and culture that balances the business needs and those of the regulator.
- Work proactively with the CEO in establishing and monitoring Compliance across the businesses.
- Ensure a Compliance and Conduct risk culture is embedded within the organisation and appropriate limits and reporting established.
- Provide forward looking Compliance and Financial Crime reporting to the Executive Management, identifying whether risks are being adequately controlled and where future issues may arise.
- Identifying whether there are any thematic risks arising across the organisation.
- Ensure there is a controlled environment that demonstrates and acts with integrity in its dealings with customers and the markets the firm engages in and report. Provide the CEO with a regular updates.
- Effectively contribute to the Risk Committee ensuring effective monitoring and reporting or risks and resolution of issues.
- Establish an effective integrated assurance approach with Internal Audit.

Requirements

Minimum of 15 yrs experience in compliance within financial services.

McGregor Boyall is an equal opportunity employer and do not discriminate based on race, religion, gender, age, sexuality, gender identification, or physical ability.

About the Company

Established in 1987, McGregor Boyall is a global recruitment consultancy providing permanent and contract / interim professionals across a wide variety of disciplines including Technology, Risk, Finance, Compliance, Legal, Marketing and HR & Talent Management. Since our inception, we have built an unrivalled reputation for helping organisations recruit the very best talent to ensure that they realise their business and operational objectives.

Headquartered in the city of London, and with further offices throughout the UK (Manchester, Birmingham, Edinburgh and Glasgow) as well as globally in Dubai and Singapore, we are able to offer recruitment solutions throughout the UK & Europe, Middle East and Asia Pacific regions.