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.
United Kingdom
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.
Getting around
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.
Latest jobs in Compliance
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about 10 hours ago
Compliance Officer
Luxemburg
About the jobWe have been mandated on an exciting opportunity for a Compliance Officer to join our Asset management client's team in Lu...
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about 10 hours ago
Data Protection Advisor
London
About the jobRutherford is partnered with a rapidly growing fintech company in search of a Data Protection Advisor to join their Londo...
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about 10 hours ago
Associate General Counsel
New York
$220,000-$300,000
About the job Rutherford is exclusively partnered with a global fund managing over $100 billion in AUM, seeking an Attorney to join its ...
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about 11 hours ago
BSA Officer
New York
$160,000-$200,000
About the jobRutherford has been retained on a senior financial crime search for a global payments firm . This role will lead the firm'...
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about 11 hours ago
Paralegal (Funds)
London
About the job Rutherford has been mandated on an excellent opportunity for a Paralegal to join our private equity client's London legal ...
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3 days ago
Director of Compliance
London
Our ClientRutherford has been mandated on a search for a global trading platform in London. The company are over 1000 people globally ...
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3 days ago
Compliance Associate
New York
$100,000 - $130,000
Our ClientRutherford is partnered with a global hedge fund that is looking to add a Compliance Associate to the NY or CT compliance tea...
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14 days ago
Investment Compliance Analyst
London
Rutherford have been mandated by a global, UK-headquartered asset manager. The successful candidate will join their Investment Monitoring...
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14 days ago
MLRO
Manchester
We are supporting a global leader in payments and financial services with a pivotal hire for a Money Laundering Reporting Officer. This p...
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14 days ago
Senior Vice President, Legal & Compli...
New York
$300,000-$350,000
About the jobRutherford is partnered with an elite private markets firm that is looking for a Senior Vice President in their Legal & ...