Overview 

To lead the management of compliance across the operations and implement policy to meet regulatory requirements enabling the business to respond to regulatory and legislative changes.

Ensure that a strong compliance culture is recognised and embedded across the Bank.

To support the Executive in achieving their Strategic Plan and objectives in a compliant manner by providing appropriate challenge and diligence.

Responsibilites 

• Accountable for ensuring all managers, as set out in the Organisation Chart fulfil their responsibilities thereby ensuring that full regulatory and statutory compliance is maintained at all times within the Bank.
• To develop and implement the Compliance Framework/Strategy for the bank to meet the regulatory requirements.
• Ensure that the Bank abides by the Banking: Conduct of Business Sourcebook.
• Keep senior management and/or related departments notified as to applicable regulatory returns to be completed and timeframes for submission to the FCA/PRA/other Regulators
• Advise senior management and staff on changes in the rules and regulations and compliance standards including keeping them informed about potential developments in this area.

Experiance and Knowledge

• Minimum 10 years of experience in areas of compliance and holding SMF16 or having a strong regulatory compliance background.
• Strong understanding of relevant UK regulatory requirements.
• Ability to keep up-to-date with current and future regulatory changes that affect the firm’s business and informing relevant teams of the same.
• Adheres to the ethical standards of behaviour and code of conduct issued by the FCA under the Senior Managers Regime.