- Drive compliance of the Branch with all UK Financial Services and Data Protection legislation, regulations, and applicable codes of practice in the sectors and markets in which the Bank operates in the UK (excluding company and corporate law, accounting, pensions and tax law, property law, Health and Safety law and employment law and allied regulations and guidance). Develop internal processes and procedures, in line with the requirements of the relevant legislation and the relevant industry guidance applicable in the UK.
- Identify potential areas of compliance and money laundering vulnerability and risk and develop/implement corrective action plan(s) for resolution of problematic issues and provide general guidance on how to mitigate and avoid the identified risks recurring.
- Provide the Bank with UK and Isle of Man financial services compliance advice and financial services compliance support on corporate projects.
- Actively promote compliance awareness within the Branch and across the wider Bank (including the MFG group (Group)), and the development of a positive risk and compliance culture, including the provision of regulatory compliance, AML and risk-related coaching to the business as required.
- Review and analise new UK legislation and regulation, engage with the business (and external specialist/professional providers (e.g., lawyers/accountants) to assess the impact on the business of the Bank, and plan the implementation of regulatory change and embed the same within the Branch, Bank and Group as well as within their policies and procedures.
- Implement effective issues and actions tracking, with appropriate escalation and reporting, for open risks relating to the Branch's regulatory compliance risk profile.
- Maintain and analyse regulatory compliance key risk profile and control data to inform and support reporting on internal regulatory controls (within Operational Risk).
- Establish and maintain appropriate compliance/AML risk-based monitoring plans and processes that are proportionate to the Branch's operation's scale, nature, and complexity.
- Manage and monitor the effective implementation of compliance-related policies, including sole responsibility for the maintenance of all registers and logs required.
- Planning and delivery of a financial services compliance risk training program (to cover general compliance, UK AML/CFT, UK financial crime requirements) for both new and existing staff at the Branch and at the Bank as required.
- Represent the Bank with all external agencies, e.g., regulators or law enforcement agencies, and in any other third-party inquiries related to money laundering prevention, investigation or compliance concerning the Branch.
- Promptly respond to any reasonable request for information from the regulator and/or law enforcement agencies.
- Responsible for preparing and submitting the required Compliance regulatory returns, notices, and reports (excluding Financial and Risk reporting) concerning the Branch to the PRA and FCA and to any other appropriate regulatory or accrediting bodies promptly.
- Overall responsibility for the Branch's policies and procedures for countering the risk that the Branch might be used to further financial crime.
- Regularly review the effectiveness of money laundering compliance policies and procedures to prevent money laundering and counter the financing of terrorism.
- Develop and maintain the Branch's anti-money laundering and counter-terrorist financing policy in line with evolving statutory and regulatory obligations consistently with the Bank's and wider Group's AML policies and procedures.
- Ensure all internal suspicious activity reports received by the Branch are investigated without delay.
- Ensure that all relevant staff within the Branch and undertaking work for the Branch are adequately trained in UK anti-money laundering and terrorist finance prevention, that the standards and scope of the training are appropriate, and that appropriate training records are kept.
- Act as coordination point at the Branch for Data Subject Access Requests, ensuring that they are managed within prescribed time-scales.
- Hold a relevant professional qualification (law or accounting) or proven relevant financial services industry experience.
- Detailed working knowledge in the 2LoD in the Financial Services sector of at least 10 Years' PQE of FCA and PRA Rules, particularly about Banking (BCOBS) and Consumer Credit (CONC), and Corporate Lending.
- Detailed working knowledge in the 2LoD in the Financial Services sector of AML rules and associated guidance.
- Systematic approach to work with demonstrable ability to work independently and deliver to deadlines, whilst maintaining attention to detail.
- Excellent verbal and written communication skills.
-
Head of Compliance and MLRO
3 weeks ago
Asset Finance International Basingstoke, Hampshire, United KingdomHead of Compliance and MLRO - Basingstoke (Office Based) · {JLinkedShare} Written by Louise Clavey Published: 13 March 2024 Created: 13 March 2024 · Our client is a fast-growing and prestigious lender based in Basingstoke who are looking for a Head of Compliance and MLRO to join ...
-
Head of Compliance and MLRO
1 week ago
MPowered Mortgages Guildford, United KingdomPurpose · Are you ready to apply Make sure you understand all the responsibilities and tasks associated with this role before proceeding. · Responsible for providing and managing a high-quality compliance framework as well as managing a small in-house team. Acting as the firm's M ...
-
Head of Compliance and MLRO
6 days ago
MPowered Mortgages guildford, United KingdomPurpose · Responsible for providing and managing a high-quality compliance framework as well as managing a small in-house team. Acting as the firm's Money Laundering Reporting Officer (MLRO) and holding SMF17. · Examples of Key Activities · Compliance Oversight · Serve as the pri ...
-
Head of Compliance and MLRO
2 weeks ago
MPowered Mortgages Guildford, United KingdomJob Description · Purpose · Responsible for providing and managing a high-quality compliance framework as well as managing a small in-house team. Acting as the firm's Money Laundering Reporting Officer (MLRO) and holding SMF17. · Examples of Key Activities · Compliance Oversight ...
-
Head of Compliance and MLRO
1 week ago
MPowered Mortgages Guildford, United KingdomPurposenResponsible for providing and managing a high-quality compliance framework as well as managing a small in-house team. Acting as the firm's Money Laundering Reporting Officer (MLRO) and holding SMF17. · Examples of Key Activities · Compliance OversightnServe as the primary ...
-
Money Laundering Reporting Officer
2 weeks ago
Hampshire Recruitment Services Basingstoke, United Kingdom**Money Laundering Reporting Officer - (MLRO)** · This is an opportunity to join an innovative fintech reporting to the Head of Compliance. · As the Strategic MLRO you are responsible for supporting the Head of Compliance in coordinating and completing the company's activities en ...
-
Senior Manager
2 weeks ago
Vodafone UK Newbury, United Kingdom**Location**: Newbury or London (Hybrid working) · **Role purpose** · Reporting to the Head of Compliance & MLRO, this position will help Vodafone UK grow safely and sustainably and protect us against financial crime, including Money Laundering, Sanctions, Terrorist Financing, Br ...
-
Compliance Officer
2 weeks ago
Investec Reading, United KingdomInvestec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure wi ...
-
Compliance Legal Assistant
2 weeks ago
TSR Legal Farnborough, United KingdomCompliance Legal Assistant - Full / Part Time · **Location**: Farnborough · The firm advise UK and international businesses and individuals, and pride themselves on providing long term support to their clients. · Performing compliance file audits and monitoring department file au ...
-
Compliance Assistant
1 week ago
Mulberry Recruitment Farnborough, United Kingdom**Compliance Assistant** · **Location: Farnborough** · **Salary: £25,000 - £30,000** · **Hours: Monday - Friday** · Our client, an acclaimed full-service law firm recognised by Legal 500, is actively seeking a Compliance Assistant to join their compliance team. · **Duties**: · Co ...
-
Financial Crime Compliance Officer
1 week ago
Ebury High Wycombe, United KingdomEbury is a hyper-growth FinTech firm, named in 2021 as one of the top FinTechs to work for by Glassdoor and AltFi. We offer a range of products including FX risk management, trade finance, currency accounts, international payments and API integration. · **Financial Crime Complian ...
-
Compliance Office
3 weeks ago
Asset Finance International Basingstoke, Hampshire, United KingdomHead of Compliance and MLRO - Basingstoke (Office Based) · {Our client is a fast-growing and prestigious lender based in Basingstoke who are looking for a Head of Compliance and MLRO to join their Team. · The successful candidate will be responsible for compliance and MLRO funct ...
-
Head of Financial Crime
1 week ago
Ultimate Banking Ltd South East England, United KingdomAre you an Financial Crime professional seeking a new, challenging role within a Regional Building Society? Our client is a customer centric mortgage and savings provider, with a fantastic opportunity for a Head of Financial Crime to join their Risk & Complianceteam. · This indiv ...
-
Junior Financial Crime Compliance Executive
2 days ago
Invesco Henley on Thames, United KingdomAs one of the world's leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehic ...
-
Senior Aml Analyst
17 hours ago
Venture Recruitment Partners Fareham, United KingdomVenture Recruitment Partners are delighted to be supporting a leading Financial Services business, based in Fareham, in the recruitment of a Senior AML Analyst. · Key Responsibilities of the Senior AML Analyst include: · - Undertake CDD enquiries and collate documentation · - Ens ...
-
Kyc Specialist
2 days ago
ADP Staines-upon-Thames, United KingdomAn exciting oppartuinity is available to join ADP as a KYC Specialist You will play an integral part in facilitating the Know Your Client checks for our UK Money Movement payment service solution. As the main contact between sales and any potential clients you will need to have e ...
-
Financial Crime Specialist
2 days ago
Quilter Southampton, United KingdomFixed Term Contract Duration - 6 Months · What the Hiring Manager says · About the Role · Level: Level 4 · Department: Financial Crime · Location: Southampton, England/ London, England · Contract type: Fixed Term Contract · Contract Duration: 6 Months · The main responsibility of ...
-
Assistant Manager, Risk Assurance
3 weeks ago
Broadgate Southampton, United KingdomAssistant Manager, Risk Assurance & Compliance · Southampton (Hybrid) · Salary: £50-60k · In a role that intersects across Compliance, Risk and Financial Crime, this is an opportunity for tremendous exposure amongst the most Senior individuals (Director of Compliance, MLRO) in th ...
-
Assistant Manager, Risk Assurance
3 weeks ago
Broadgate Southampton, United KingdomJob Description · Assistant Manager, Risk Assurance & Compliance · Southampton (Hybrid) · Salary: £50-60k · In a role that intersects across Compliance, Risk and Financial Crime, this is an opportunity for tremendous exposure amongst the most Senior individuals (Director of Compl ...
-
Risk & Compliance
6 days ago
G2 Legal Limited Reading, United Kingdom Full timeOur client is a Chambers ranked Law firm in Reading well recognised for offering its employees high quality legal work in tandem with a collegiate working environment that invests in people and their personal and professional development. · Reading based – Full- or Part-time · A ...
Head of Compliance and MLRO - Basingstoke, Hampshire, United Kingdom - THC Recruitment
Description
Our Client is a fast-growing and prestigious lender based in Basingstoke who are looking for a Head of Compliance and MLRO to join their Team.
The successful candidate will be responsible for compliance and MLRO functions and managing a small Team.
Primary Responsibilities
Knowledge, skills, and qualifications
I understand that by ticking this box and submitting this form, I consent to THC Recruitment contacting me by email or phone in order to process my enquiry. THC Recruitment will not pass your details onto other companies or third parties.
You will be responsible for helping the customers that are not able to meet the financial obligations of ...
Pricing and Financial Planning & Analysis Graduate – Hybrid working
£24k plus car and benefits.
Our client is a specialist provider of vehicle finance, rental, and insurance ...
Title: Account Manager Technology Finance
Location: London and Southeast
We are working with one of our prestigious market-leading clients to recruit an Account Manager ...
THC Recruitment Ltd, 10-12 Mulberry Green, Old Harlow, Essex, CM17 0ET
#J-18808-Ljbffr
