LEGAL AND COMPLIANCE MANAGER-City

Job Title: LEGAL AND COMPLIANCE MANAGER

Reference: AJB JB IB 52

Location: LONDON

Assignment Profile:
Our client a highly regarded bank based in the city with a worldwide presence is seeking to employ an experienced legal and compliance manager

 

 

Main purpose of the role

 

To support and assist the Head of Legal & Compliance with managing the day-to-day functions and operations within the Legal & Compliance Department and to ensure that the Bank meets it regulatory obligations.

 

 

Main Responsibilities include:

 

Supervise and lead the department to ensure that all critical functions are completed to a good standard and within the required timeframes.

Oversee the Bank's compliance monitoring process. Ensuring reviews of all business units, support departments and branches are completed to schedule with good quality reports produced and actions resolved, to provide assurances that all activity is compliant with the appropriate regulation/legislation.

Respond to request for advice from business units, support departments and/or branches regarding AML, sanction, CDD, financial crime, complaint handling and any other compliance related matters.

Draft new or amend existing policies and procedures as required in order to meet the requirements of new/updated regulations/legislations for approval by the Head of Department and Compliance Committee and then implement within the Bank.

Complete and submit regulatory reporting returns to the FSA within set timeframes

Ensure formal acknowledgement of internal suspicion reports sent to the MLRO by retail banking staff, conduct appropriate investigations to determine if the activity/transactions are suspicious and submit any necessary suspicious activity reports to SOCA.

Assist the Head of Department with the planning, preparation and completion of AML, financial crime and other compliance related duties as and when required.

 

 

Candidate Profile:
 

The successful candidate will be well educated and may have a legal or accountancy qualification and have at least 3/5 years compliance experience having worked in an banking environment and be familiar with monitoring and AML procedures

 

You will be familiar with drafting policies and procedures and being able to collate and disseminate regulatory information

 

You will also be able to advise and assist with the management of other team members

 

Excellent interpersonal skills are paramount

Consultant: Jonathan Banjo

Consultant Email: jbanjo@ajbexecutivesearch.co.uk

Salary: Circa £50-70,000 Plus Benefits

If you feel you are a suitable candidate for this position please contact Jonathan Banjo.