Head of Compliance

Search-Select LTD; East Devon; On-site; GBP 50,000 - 90,000; Full time

Job description

Our client seeks a Head of Compliance to join their team.

Role Profile: To cover all areas of statutory and regulatory compliance. Responsible for the development of local policies and procedures to improve services and to ensure they are followed, monitored and reviewed with the objective of providing services of the highest standard and quality at all time and any other such activities as may be reasonably required by the role. To work alongside Group Risk & Compliance to ensure Group Minimum Compliance Standards are achieved.

Key Responsibilities

• Designated Compliance Officer
• Money Laundering Regulatory Officer / Nominated Officer
• Advisor to the board of directors, executive committee of directors, risk committee, managers and employees on issues of regulation, risk management, corporate governance, areas of best practice and internal policies and procedures
• To be responsible for the day to day management of the team and effective management of workloads
• Have an excellent understanding of the exposures to regulatory risk within a financial services organisation
• Provide guidance and on-going training of the Compliance Team, cross training and development and ensuring cover where necessary
• Ensure file reviews and audit checks are completed within service level agreements
• Business acceptance - prepare summary of proposed business transactions to present to the relevant sub-committees of the board
• KYC/Customer Due Diligence (CDD) analysis and advice
• Identify, draft and update local policies and procedures as required based upon Group Minimum Standards
• Ensure systems are in place for compliance monitoring
• Oversee the maintenance of a variety of standard compliance registers
• Responsible for the relationship with any local regulatory body
• Ensure the compliance monitoring programs are fit for purpose and that monitoring activity is conducted on schedule in accordance with the compliance monitoring plan.
• Design and deliver training on various aspects of regulations, internal policies and procedures, corporate governance, compliance and risk management, basic anti-money laundering provisions
• Attend management meetings and prepare reports on various compliance and regulatory matters
• Attend seminars and conferences to ensure knowledge of applicable regulations is up to date
• Promote a positive compliance culture at all levels throughout the business
• Principal contact for the local regulatory body

Key Skills and Experience

• 5 years' experience in a similar role. Educated to Diploma level
• Excellent organisational, communication and interpersonal skills along with a commitment to working as part of a global team
• Ability to delegate and develop others' base skill set
• Successfully provides strategic support to practice areas
• Strong technical skills in relation to compliance and data protection legislation are essential
• Ability to produce management information and to deliver projects within given deadlines