Head of Compliance jobs in United Kingdom
Sometimes called Head of Compliance, sometimes Chief Compliance Officer (CCO), the individual sitting in this role is typically responsible for the entire compliance and risk function within a firm. The Head of Compliance will also usually advise appropriate internal committees on risk management and compliance activities.
The Chief Compliance Officer will also oversee compliance with laws, regulatory requirements, policies and procedures for a given firm.
Usual Key Duties
As the Subject Matter Expert, establish standards an implement procedures
Ensure compliance programs are effective and efficient within the organisation
Advise the business and senior management on all regulatory obligations and procedures required to ensure compliance with these obligations
Build trusted relationships with regulators and the firm's senior management team
Design monitoring programmes
Oversee and design the training of internal teams on compliance matters: provide appropriate training to ensure that everyone is made aware of their regulatory responsibilities
Constantly promote a positive compliance culture
Conduct AML risk assessments of existing or potential clients, then make recommendations to management
If required by the firm, attend committees such as the Governance and Risk Committee or the Audit Committee
Ensure efficient and effective implementation of all new compliance policies
Manage a team (depending on the size and structure of a firm)
Assume the SMF16 or SMF17 function (depending on the size and structure of a firm)
Develop compliance policies and procedures for the firm
Usual Required Skills
Strong leadership skills
Extensive regulatory experience
Strong policy knowledge, if required
Team management experience
Ability to design and implement improvements to processes, procedures and frameworks
Strong time management
Strong prioritisation skills
Compliance is the departmental embodiment of an organisation's moral compass. It is tasked with protecting a business and its stakeholders, both internally and externally. This regulatory leader must internalise conflicts and exercise supreme judgement in balancing the need to allow its business to flourish in an increasingly complex regulatory environment, whilst avoiding the potentially devastating consequences of non-compliance. Rutherford understands the seriousness of all Compliance hires: that is why we are specialists in the space. We know that deep market knowledge, relationships and networks are all vital to recognising that elusive cultural fit when we see it.
The United Kingdom is the amalgam of Great Britain (which comprises England, Wales and Scotland) and the northern portion of Ireland. Its capital, London, is known as Europe's financial hub, and one of the world's most cosmopolitan cities. The United Kingdom is also known for other major cities, like Birmingham, Liverpool, Manchester, Belfast, Edinburgh, Glasgow and Cardiff.
The UK has made significant contributions to the world, most of them being cultural. Literature, theatre, musicals, film, television, music - many big names in these fields are from the United Kingdom.
Financial Services Sector in the UK
The United Kingdom - and more specifically, its capital London - has always been considered a world financial hub. Its financial services sector is quite massive: in 2018, it contributed £132 billion to the overall UK economy. It is known to be London's largest sector, with 1.1. million jobs in 2018. The city is also known for its huge amount of foreign banks: in the beginning of the 20th century, London had more foreign banks that any other city in the world.
Traveling and getting around the UK is easy for anyone, thanks to its extensive and efficient public transport system, which allows you to go anywhere in the blink of an eye. Because the country is relatively small, journey times are always reasonable: for example, getting from London to Edinburgh is a 4-hour journey if you decide to take the train.
In major cities like London or Manchester, you will also find an extensive public transport system, which includes bus, tube, train, boats, and other alternatives. Getting from one point to another is extremely easy, especially if you have a traveling application like Citymapper or Google Maps on your phone to help you find the fastest - or cheapest! - journey.
about 13 hours ago
Regulatory Consultant - Capital Markets
Our ClientOur client, a boutique financial services regulatory consultancy, is looking for a motivated regulatory Consultant with a stro...
about 13 hours ago
Our ClientOur client, a boutique financial services regulatory consultancy, is looking for a motivated regulatory Associate with a stro...
about 14 hours ago
Head of Compliance
Our ClientOur client, a leading insurtech firm, is expanding its presence out into Brussels (Belgium) and is now looking for a Head of C...
1 day ago
AML Risk Manager
Our ClientOur client, a leading global crypto fintech, is urgently looking for a AML Risk Manager in Ireland to join them on a completel...
1 day ago
Senior Compliance Officer
Our ClientOur client is one of the largest wealth managers in the United Kingdom. They are currently looking for a Senior Compliance Off...
1 day ago
Compliance Business Partner
Our ClientOur client is a renowned global insurance broker who is seeking a Compliance Business Partner. This role reports into the Seni...
7 days ago
Legal and Compliance Analyst
Our ClientRutherford have been mandated on a brilliant opportunity for a Paralegal to join one of the world’s leading investment firms. ...
9 days ago
Financial Crime Advisory Officer
Our ClientA leading global asset manager with $500BN+ AUM are looking for a Financial Crime Advisory Officer to join their London team. ...
9 days ago
Associate – Payments & E-Money
Our Client Our client, a boutique financial services regulatory consultancy, is looking for a motivated regulatory Associate with a s...
10 days ago
Insurance & Lending Associate
Our ClientOur client, an established financial services regulatory consultancy, is looking for a motivated Regulatory Associate with a ...