Head of Compliance (Project)

Compliance Manager

Ref: 1559Wednesday 11 May 2022

£dependent on experience

Our client is a specialist mortgage and savings provider undergoing a change in core banking platform and so are looking to add to and strengthen their Compliance function with the addition of a Head of Compliance level candidate on a 12-18 months fixed term contract.  Our client is happy for this role to be fully remote, however there will be occasions they would require you to go to their Head office based in Southern England.  Part time hours will be considered also.

 

Working with the permanent ‘Head’, the purpose of the Head of Compliance (project) role is to work with their project team delivering a transformational IT-related project. The role will be focussed on providing assurance that the project’s compliance management framework and wider regulatory obligations are met during (and beyond) the change process, and the  management and control of the project is robust and effective.

 

Key areas of responsibility include:

  • Proactively providing high quality compliance advice to all operational areas affected by the change
  • Ensuring colleagues understand existing and new regulatory requirements applicable to their work
  • Data Protection and Data Security matters and the prevention of financial crime
  • Analyse the impact of the change on the company and advise senior management and relevant operational areas on any changes required in response
  • Identify and assess compliance risks in relation current and planned business activities
  • Provide regular training and presentations on all aspects of compliance requirements tailored to the needs of the company
  • Monitor and report compliance breaches or flaws (in respect of legal, regulatory requirements and internal policies and procedures) to senior management including to the Board
  • Contribute to the preparation of annual compliance plan proposals based on an analysis of the key areas of the business and key compliance risks
  • Help senior management promote and develop constructive and transparent relations with relevant external parties, including regulators and the new core banking platform provider

 

The successful candidate will have:

  • Strong knowledge of FCA regulations and industry best practice
  • General knowledge of the financial services industry and its operational activities, preferably including mortgage lending and retail savings account
  • Knowledge and experience of conducting, and preferably designing, compliance monitoring with particular attention to root cause analysis
  • Ideally, project experience will include the implementation of transformational changes in IT systems, for example a migration to a new core banking platform.

 

A proactive self-starter, key personal qualities include an ability to work successfully in a multi-disciplinary team, strong analytical and presentational skills, and an aptitude for working with IT issues.