Head of Compliance & MLRO - Commercial and Retail Banking

Head of Compliance & MLRO (SMF16 & SMF17) - Commercial and Retail Banking

London, Hybrid

Our client a prestigious commercial bank in London is seeking a new Head of Compliance and MLRO to lead an established team.

As Head of Compliance & MLRO (SMF16 & SMF17), you will play a pivotal role in maintaining the bank's integrity and reputation by overseeing all aspects of regulatory compliance, anti-money laundering (AML), and counter-terrorist financing (CTF) activities. You will lead a talented team, ensuring adherence to all relevant laws, regulations, and internal policies while implementing effective risk management strategies.

Key Responsibilities:

• Develop and implement robust compliance frameworks, policies, and procedures to ensure adherence to regulatory requirements.
• Serve as the primary point of contact for all regulatory inquiries and examinations, fostering strong relationships with regulatory authorities.
• Conduct regular compliance risk assessments and oversee the implementation of corrective actions.
• Provide expert guidance on AML and CTF matters, including transaction monitoring, suspicious activity reporting, and customer due diligence.
• Lead and mentor a team of compliance professionals, fostering a culture of integrity, accountability, and continuous improvement.

Desired Qualifications:

• Extensive experience in compliance roles within the banking or financial services industry, with a strong understanding of relevant regulations (e.g., FCA, PRA).
• Experience of effectively managing compliance programs, including AML and CTF initiatives.
• Excellent leadership skills with the ability to inspire and motivate teams to achieve goals and drive results.
• Strong analytical skills and attention to detail, with the ability to assess complex regulatory issues and implement practical solutions.
• Relevant certifications (e.g., CAMS, ICA Diploma in AML) preferred.

For details please get in touch chris.roots@investigo.co.uk