Senior Banking Compliance Strategist

5 days ago


London, Greater London, United Kingdom Venn Group Full time
Compliance Leader for a Leading Banking Institution

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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