Senior Compliance Manager

Job Description

Compliance Assurance Manager

About the Role:

This is an exciting, newly created role with a retail banking institution. As the Compliance Assurance Manager, you will be responsible for leading a small team of monitoring and advisory compliance officers, reporting directly to the Head of Compliance. This is a deputy head of compliance role. This senior role involves engaging with senior stakeholders and driving compliance initiatives across the organisation.

Key Responsibilities

1. Compliance Monitoring & Risk Management:
   • Identify and manage compliance risks.
   • Deliver the Compliance Monitoring Programme and produce regulatory compliance reports.
   • Implement and monitor approved recommendations.
2. Policy & Framework Development:
   • Prepare and update compliance policies and frameworks, including Conduct Risk, Consumer Duty, SM&CR, and Certification Regime frameworks.
   • Ensure alignment with corporate standards and regulatory requirements.
3. Team Leadership:
   • Manage and support compliance staff to ensure timely outputs.
   • Foster team development through training, coaching, and performance management.
4. Regulatory Projects & Reporting:
   • Lead regulatory projects and conduct gap analyses for emerging regulations.
   • Ensure accurate submission of regulatory returns and respond to risk mitigation requirements.
5. Governance & Relationships:
   • Represent compliance at governance forums.
   • Manage relationships with regulators and ensure accurate regulatory reporting.
   • Oversee the resolution of compliance issues and breaches.
6. Strategic Compliance Culture:
   • Promote a proactive compliance culture by engaging with business units.
   • Align compliance strategy with organizational goals and initiatives.

Candidate Requirements

• Experience: A strong background in retail banking with a solid understanding of consumer credit is essential.
• Leadership: Proven management experience and the ability to lead a team effectively.
• Skills: Excellent knowledge of regulatory frameworks and a strategic mindset for compliance risk management.
• Stakeholder Engagement: Confidence in working with and influencing senior stakeholders.

Salary and Benefits

- Base Salary: £80,000 - £100,000

- Additional Benefits: Competitive package

Location

- Essex with hybrid working (2-3 days per week in the office).

For More Information:

Please contact me for further details and a full job description at ne@barclaysimpson.com.