Senior Banking Compliance Strategist
5 days ago
We are seeking an experienced Senior Compliance Strategist to join our client, a leading banking institution in London. This pivotal role combines oversight of the institution's compliance framework with responsibility for managing its anti-money laundering (AML) and counter-terrorist financing (CTF) functions.
About the Role
- Develop, implement, and maintain a robust compliance framework aligned with UK regulations, including PRA and FCA standards.
- Provide strategic advice to the Board on regulatory changes and implications for the business.
- Oversee compliance monitoring programs and reporting, ensuring adherence to internal policies and external obligations.
- Promote a strong compliance culture across the institution.
- Serve as the institution's designated Money Laundering Reporting Officer (SMF17).
- Manage the AML and CTF framework, ensuring it meets regulatory requirements and mitigates financial crime risks.
- Investigate and report suspicious activity to the relevant authorities (e.g., NCA).
- Conduct AML risk assessments and recommend control enhancements.
- Act as the primary contact with regulatory bodies, auditors, and law enforcement agencies.
- Represent the institution in regulatory inspections and industry forums.
- Collaborate with internal teams to provide training, guidance, and updates on compliance matters.
Requirements
- Proven track record of holding SMF16 and SMF17 roles or equivalent senior compliance positions.
- Extensive experience in compliance and AML/CTF roles within the banking or financial services sector.
- Deep knowledge of UK regulatory frameworks (PRA, FCA, AML regulations, and GDPR).
- Strong analytical skills with the ability to assess risk and implement effective mitigation strategies.
- Exceptional communication and interpersonal skills, capable of engaging at all levels of the organisation.
What We Offer
- A dynamic and inclusive workplace culture.
- Opportunities for professional growth and development.
- A key leadership role in shaping the institution's compliance and AML strategy.
This is a full-time, permanent position, based in London, UK. The estimated salary range for this role is £80,000 - £120,000 per annum, depending on experience.
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