Head of Regulatory Compliance

Skills

Critical ThinkingFocal PointGap AnalysisKYC VerificationLegal CompliancePolicy DevelopmentRegulatory Compliance

Role

What the job involves

The main requirements, responsibilities and hiring steps.

10+ years of regulatory compliance experience, covering a wide range of FCA Handbook and PRA Rulebook topics across retail banking, including consumer duty, SMCR, SYSC, CONC, COBS, BCOBS, etc.
Experience of C-Suite and Board-level engagement on compliance topics
Excellent knowledge and experience of identifying compliance risks and potential vulnerabilities, advising on best practices to effectively and efficiently address those findings
Knowledge of how to conduct regulatory gap analysis, policy creation, and implementation
The desire and drive to learn, grow, and create an impact quickly as part of an expanding entity
Exceptional critical thinking, problem-solving, and communication skills
Experience working in a fast-paced environment with a focus on execution

Building and leading a team of FCA and PRA regulatory compliance subject matter experts
Engaging with NewCo Exco and Board members on the compliance position of NewCo
Supporting the Chief Compliance Officer in the delivery of their prescribed responsibilities including conduct rules, training, and reporting
Implementing NewCo's certification regime and producing non-financial regulatory reporting
Running NewCo's horizon scanning, regulatory mapping, conflicts of interest, and anti-bribery and corruption processes
Leading on embedding a culture of compliance within NewCo
Deputising for NewCo's CCO in their absence
Performing compliance reviews of new products
Identifying regulatory issues proactively and recommending remedies to promote compliance
Preparing responses to ad hoc regulatory requests and ensuring the highest reporting standards are maintained
Supporting the CCO in the chairing of NewCo's Compliance committee