Jobs in London
Sometimes called Head of Compliance, sometimes Chief Compliance Officer (CCO), the individual sitting in this role is typically responsible for the entire compliance and risk function within a firm. The Head of Compliance will also usually advise appropriate internal committees on risk management and compliance activities.
The Chief Compliance Officer will also oversee compliance with laws, regulatory requirements, policies and procedures for a given firm.
Usual Key Duties
As the Subject Matter Expert, establish standards an implement procedures
Ensure compliance programs are effective and efficient within the organisation
Advise the business and senior management on all regulatory obligations and procedures required to ensure compliance with these obligations
Build trusted relationships with regulators and the firm's senior management team
Design monitoring programmes
Oversee and design the training of internal teams on compliance matters: provide appropriate training to ensure that everyone is made aware of their regulatory responsibilities
Constantly promote a positive compliance culture
Conduct AML risk assessments of existing or potential clients, then make recommendations to management
If required by the firm, attend committees such as the Governance and Risk Committee or the Audit Committee
Ensure efficient and effective implementation of all new compliance policies
Manage a team (depending on the size and structure of a firm)
Assume the SMF16 or SMF17 function (depending on the size and structure of a firm)
Develop compliance policies and procedures for the firm
Usual Required Skills
Strong leadership skills
Extensive regulatory experience
Strong policy knowledge, if required
Team management experience
Ability to design and implement improvements to processes, procedures and frameworks
Strong time management
Strong prioritisation skills
Compliance is the departmental embodiment of an organisation's moral compass. It is tasked with protecting a business and its stakeholders, both internally and externally. This regulatory leader must internalise conflicts and exercise supreme judgement in balancing the need to allow its business to flourish in an increasingly complex regulatory environment, whilst avoiding the potentially devastating consequences of non-compliance. Rutherford understands the seriousness of all Compliance hires: that is why we are specialists in the space. We know that deep market knowledge, relationships and networks are all vital to recognising that elusive cultural fit when we see it.
London has been known as one of the world’s foremost financial hubs. London’s largest industry is finance, and the city contributes to about a quarter of the UK’s GDP.
People come from all over the world to do business in London. But London isn’t all business. It has a vibrant music scene, art scene and nightlife. It’s also a global centre for tertiary education. If you are a food lover, you’ll be pleased to know that London has a diverse and exciting food scene, from street markets to Michelin-starred restaurants.
If you prefer to see the sights, go and see Buckingham Palace, St Paul’s Cathedral, the British Museum, the West End, Tower Bridge, the Tate Modern, Big Ben, the London Eye or The National History Museum.
The city of London is known for its extensive public transport system, which includes buses, trains, the famous tube, the overground, DLR, and so on. Getting around the city is incredibly easy, especially when equipped with the right Transport apps, such as Google Maps or Citymapper. Financial services firms are typically located in the heart of London, mostly in two neighbourhoods: Canary Wharf and “The City”, at Bank Station. No matter where you are based in the city or in its outskirts, getting to work
24 days ago
Interim Head of Compliance
City of London
Our client, an insurance advisory firm, is recruiting for a Head of Compliance (SMF16/17). The candidate will be responsible for overall ...
about 1 month ago
Our client, an independent organisation facing the education sector and headquartered in Cheltenham, is looking for an Ethics and Compli...