Head of Compliance (SMF 16/17 - Investment)
- Employer
- GCS
- Location
- Somerset
- Salary
- 80000.00 - 950000.00 GBP Annual + Flexible working/Bonus/pmi etc.
- Closing date
- 29 Jul 2021
View more
- Sector
- Banking
- Responsibilities
- Accounting
- Position/Level
- Professional / Specialist
- Contract Type
- Permanent
- Language
- English
Head of Compliance (SMF16/17)
Sector: Investment Management (GBP10+ Billion under funds)
Location: You can work fully remote (The business has offices all across the UK, London, Bristol, Midlands, Liverpool, Manchester to name a few).
Role purpose
To assist the Board in ensuring the business continues to meet its regulatory obligations. You must be a trusted business partner with the capacity to get things done through collaboration, effective communication and persuasion.
You will lead the Compliance team in delivering high-quality compliance advice, oversight and challenge to the business, as well as performing the Compliance Oversight and Money Laundering Reporting functions (SMF16 & SMF17).
Key responsibilities
- Lead the Compliance Team in delivering and maintaining a programme of monitoring, that reviews operational business activity to assess that regulatory requirements are being complied with.
- Deliver, maintain and oversee the firm's risk management framework.
- Carry out the role of MLRO, responsible for oversight of the firm's compliance with the FCA's rules on systems and controls against money laundering.
- Provide advice and assistance to the Board and staff to help them meet their regulatory responsibilities
- Provide analysis and early warning of regulatory change which may impact the business.
- Ensure there is Compliance input and support for business led projects and Compliance led projects are delivered to plan.
- Ensure customer communications, including financial promotions, are reviewed and approved in line with FCA rules and guidance.
- Ensure the firm's compliance policies and procedures are kept up to date; that they are appropriate, proportionate and understood by the business, driving the right compliant behaviours.
- Ensure the firm's regulatory permissions for its activities are accurate and up to date.
- Oversee the completion and submission of the firm's regulatory returns.
- Ensure the Compliance team promote a strong compliant culture within the business, through training and general awareness activities.
- Oversee compliance with the firm's Training & Competence Scheme
- Provide independent reporting to the Board, Committees and senior management as appropriate, on where the firm currently sits with their regulatory compliance.
- Help raise awareness of the regulations and industry standards which apply to the firm and its business model
Essential Skills
- Able to lead and manage staff
- Able to prioritise and manage competing & changing team priorities
- Able to prioritise own work to strict deadlines
- Attention to detail
- Able to problem solve and deal with complex queries
- Strong written and verbal communication skills
- Good stakeholder management, at all levels
- Able to persuade and influence
- Good numeric skills
Experience
- At least 5 year's FCA regulated compliance experience, including managing a team.
- Must have held the SMF17 (CF10) functions previosuly
- Experience working in a MiFID Investment Firm/Fund Manager/Wealth Manager
If you would like to know more please do get in touch, we can set up a confidential call this week.
Email: (see below)
GCS Computer Recruitment Services is acting as an Employment Agency in relation to this vacancy.
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