Group Head of Compliance (200896)

  • Location: Gloucester
  • Application end date: 14/10/22

Key accountabilities:

  • Hold regulatory function (SMF16) for Compliance Oversight for EIO, MIC, BIC, ELL and other Group firms as agreed with Group Chief Risk and Compliance Officer
  • Provide leadership and direction of the Group Compliance function, to enable an appropriately resourced, specialist and professional compliance capability for the Group
  • Input to the strategic direction and development of the Group Compliance function
  • Oversee and develop the Group’s compliance vision and strategy, ensuring alignment of activity across the Group
  • Maintain and develop a Compliance framework to assist the Group in its realisation of business objectives and strategic development
  • Ensure that appropriate compliance monitoring and reporting frameworks are in place across the Group
  • To lead the development and execution of the Group Compliance Monitoring Plan (including managing the relationship with co-source partner, producing/reviewing reports detailing the findings with agreed actions)
  • Monitor actions arising from Group Compliance Monitoring activities to their conclusion, ensuring that the business has taken all action required of them to prevent reoccurrence of the finding
  • Develop and regularly provide timely and effective reporting of comprehensive and comprehensible compliance management information to GMB, GRC and Boards
  • Build and maintain relationships with key stakeholders across the Group to ensure sufficient communication between 1st and 2nd line (including liaising with stakeholders for each review allocated in order to facilitate the necessary access to people/systems/paperwork to enable testing to be conducted and that any findings are discussed and agreed)
  • Conduct horizon scanning and review relevant external materials to share with the Group and ensure that relevant regulatory change is being communicated and acted upon by relevant SBUs/Group functions
  • Provide challenge, opinion and compliance advice to key strategic developments
  • Maintain oversight of relationships with the Financial Conduct Authority and other key external stakeholders
  • Facilitate compliance knowledge and best practice sharing across the Group to enhance compliance standards, including the maintenance of the Group Compliance function as a Centre of Excellence.
  • Lead and motivate a team of compliance professionals and support their individual and collective development

Knowledge, skills and experience:

  • Significant demonstrable experience in senior compliance roles including knowledge of data protection and financial crime
  • Deep compliance management knowledge including relevant regulations and best practice
  • Currently holding or previously held Senior Management Function (SMCR)
  • Tact, diplomacy and the ability to manage conflicts between key stakeholders including our regulators
  • Excellent analytical, evaluation, problem solving and decision making skills
  • Ability to prioritise and balance multiple tasks or projects