Central Compliance

As a Central Compliance Director, you will play a pivotal role in ensuring that the bank adheres to all external and internal regulatory compliance requirements. You will be responsible for managing a wide range of compliance-related activities, including external regulatory reporting, Group Compliance regulatory reporting, employee-related compliance matters, including the Senior Managers and Certification Regime (SM&CR), and training coordination. This position requires a keen eye for detail, strong analytical skills, and a deep understanding of financial regulations and industry best practices.

Key Responsibilities:

1. External Compliance Related Regulatory Reporting:
   • Collect, analyse, and prepare reports for various external regulatory bodies in compliance with local and international regulations.
   • Stay updated on changes in regulatory requirements and ensure timely submissions.
2. Group Compliance Regulatory Reporting:
   • Collaborate with internal teams to compile data and reports for Group Compliance and ensure alignment with the broader group’s regulatory standards.
3. Employee Related Compliance Matters, including SM&CR:
   • Oversee the implementation and maintenance of the Senior Managers and Certification Regime (SM&CR) compliance program.
   • Monitor and enforce employee compliance with applicable regulations, conduct due diligence checks, and manage record-keeping related to staff compliance.
4. Training Coordination:
   • Develop and implement training programs to educate employees on compliance matters.
   • Track and maintain records of employee training, certifications, and qualifications to ensure regulatory compliance.
5. Compliance Audits and Investigations:
   • Assist in internal and external compliance audits and investigations as required.
   • Identify potential compliance issues and recommend corrective actions.
6. Compliance Policy and Procedure Development:
   • Collaborate with the compliance team in creating and updating compliance policies and procedures to reflect current regulatory requirements.
7. Regulatory Change Management:
   • Stay current with regulatory changes and assess their impact on the bank’s compliance policies and procedures.
   • Propose and implement necessary updates to ensure ongoing compliance.

Qualifications:

• Bachelor’s degree in Finance, Business, or related field. Advanced degrees and relevant certifications are a plus.
• Minimum of 2 years of experience in the compliance field within the financial industry, with specific experience in regulatory reporting and employee compliance matters.
• Thorough knowledge of relevant financial regulations, including but not limited to.
• Strong analytical, problem-solving, and project management skills.
• Excellent communication and interpersonal skills to collaborate with various teams.
• Ability to work in a fast-paced, dynamic environment and adapt to changing regulatory requirements.

Hyrbrid working, £100,000 – £120,000 salary plus bonus and benefits are on offer with this role.

Please contact me with your CV ne@barclaysimpson,com for a full JD and salary and benefits information.