Head of Compliance

IMPORTANT:  This Advertiser has requested that applicants MUST be National Residents / Valid Work Permit-holders.  Other applicants need not apply.

 

Do you want to work for a truly sustainable bank? Triodos is a global pioneer of sustainable banking. Our mission is to make money work for positive social, environmental and cultural change. We are genuinely transparent about where our savers' money goes.

The Head of Compliance reports to the UK Managing Director and is accountable for the UK compliance function, in particular compliance and money laundering oversight for the UK branch's retail and investment banking activities. This includes the development and ongoing maintenance of the necessary policies and procedures, relevant co-worker training and activities within the Branch's overall compliance programme. The Head of Compliance undertakes the role of UK Branch Compliance Officer, reporting to the Group Compliance Officer, and having responsibility for ensuring UK compliance with Group requirements.

The Compliance team works closely with all UK employees including the UK senior management team, and also with Group Compliance based in the Netherlands. The UK Compliance team consists of three employees.

Salary - £50,000-£55,000 (depending on experience) + benefits

You will be accountable for:

• Undertaking the role of Money Laundering Reporting officer, holding the FSA Controlled Function CF11, ensuring that the branch has pro-active and effective Anti-Money Laundering polices and procedures, implementing the relevant legislation and guidelines and reporting where necessary to the relevant bodies
• Reporting regularly to UK senior management on compliance related issues within the Branch
• Undertaking the role of FSA contact for compliance related issues as required, holding FSA Controlled Function CF29. Implementing the relevant legislation, and reporting where necessary to the FSA and other relevant bodies
• Signing off on all new products and services for compliance with legal and regulatory requirements
• Overseeing sign off procedures for compliance on relevant materials including the Lending Code and the Advertising of Interest Rates Code compliance
• Undertaking the role of ISA liaison manager and ISA compliance contact for HM Revenue & Customs
• Undertaking the role of Branch Fraud Officer, and reporting where necessary to Group Compliance and Group Risk
• Undertaking the role of Data Protection Officer.

We are looking for someone that:

• Has at least five years experience in a compliance related role within financial services
• Has a strategic and working knowledge of the Financial Services Authority (FSA) and associated regulatory requirements relating to retail banking and investments, customer due diligence (CDD), anti money laundering (AML) and other compliance matters
• Ideally holds an externally recognised qualification in compliance or similar
• Has a working knowledge of Data Protection requirements
• Has successfully led a team or department
• Has an ability for good organisation, thoroughness, attention to detail and is able to see tasks and projects through to completion.

For the right person, this role presents an exciting opportunity to join a growing business and ethical banking pioneer.