Head of Financial Services Compliance

Location London
Discipline: Audit, Risk & Compliance
Job type: Permanent
Contact email: alex@weareedenbrook.com
Job ref: J4830
Published: 15 days ago
Head of Financial Services Compliance opportunity working with a FTSE 250 multiservice provider. Reporting into the Legal and Compliance Director, you will lead the compliance function for the Financial Services (“FS”) division and ensure the business adheres to all regulatory and legal standards. Key Responsibilities: Leadership and Strategy: • Develop and implement the compliance strategy. • Lead a small compliance team, providing direction, support, and professional development. • Serve as a senior advisor to the executive team. Regulatory Compliance: • Monitor and interpret new and existing financial services regulations. • Develop, implement, and oversee the compliance framework, policies, and procedures. • Ensure compliance with relevant UK regulations, as well as oversight over Gibraltar-specific requirements. Risk Management: • Identify and assess compliance risks. • Develop and implement measures to mitigate identified risks. • Conduct regular compliance risk assessments and audits. Training and Education: • Design and deliver training programs to educate employees on compliance obligations. • Embed a culture of compliance and ethical behaviour. Monitoring and Reporting: • Establish and maintain effective compliance monitoring and reporting systems. • Prepare and present regular compliance reports to the executive team and board of directors. • Handle regulatory inquiries, examinations, and audits. Policy Development: • Draft, review, and update compliance policies and procedures. • Ensure policies are effectively communicated and implemented across the business. Third-Party Management: • Oversee the compliance of third-party service providers. • Conduct due diligence and ongoing monitoring of third-party relationships. Investigation and Resolution: • Lead investigations into compliance breaches or issues. • Develop corrective action plans and oversee their implementation. Education and Qualifications: • Bachelor’s degree in Law, Finance, Business, or related field (Master’s degree or relevant certifications such as ICA, CAMS, CRCM, or CCEP preferred). • Minimum of 10 years of experience in compliance within the financial services industry. • Extensive knowledge of financial services regulations and industry best practices, including experience in leading compliance investigations. • Strong leadership and team management skills.