Exclusive – Head of Compliance & MLRO

We are exclusively recruiting a Head of Compliance & MLRO (SMF16/17) for a unique lending platform which allows us to offer full lending services in real time. The Head of Compliance will play a critical role in in establishing, monitoring, and enforcing compliance policies, procedures, and controls to demonstrate adherence to regulatory requirements and ensuring fair outcomes to consumers. The individual will act as the principal compliance advisor to the business and serve as the main point of contact for regulatory bodies.

The ideal candidate will be based in Sheffield, but the client will consider candidates in London but will be required to visit the Sheffield office on a regular basis.

Main Responsibilities

• Develop, implement, and maintain a robust compliance framework in line with financial regulations and best practices. This will include, writing, developing and maintaining comprehensive compliance policies and procedures in line with regulatory requirements, industry best practices.
• Ensure adherence to all relevant laws, regulations, and industry guidelines, including CONC, PRIN (Consumer Duty), DISP and CCA regulations.
• Provide guidance and advice to the business on the FCA rules (including Consumer Duty and the Consumer Credit Sourcebook as well as any other applicable rules including.
• Act as the primary contact with regulators and ensure timely reporting and communication on compliance matters.
• Oversee Anti-Money Laundering (AML) and Fraud Prevention programs.
• Serve as the designated MLRO, ensuring timely filing of Suspicious Activity Reports (SARs) and liaising with law enforcement agencies where necessary.
• Prepare and present compliance reports to the Board of Directors and senior management.
• Advise the business on compliance risks related to new products, services, and markets

Job Requirements:

• Previously authorised as an SMF16/17 with the FCA
• Proven experience in a compliance leadership role within the financial services
• Proven experience working as a Compliance Officer in the financial services industry, with a focus on the Consumer Finance Sector.
• Strong understanding of AML, Fraud and broader financial crime regulations.
• Experience in dealing with regulatory bodies and preparing regulatory reports.

Unless otherwise stated, candidates must have the right to work in the UK.

The CLARC Guarantee – we 100% guarantee that your CV will never be sent to a client without your prior expressed permission so all of your details are totally secure with us. Please note due to the volume of applications we sadly cannot reply to every application we receive and only successful applications will be contacted, however your details will be registered for consideration for more suitable opportunities as we get them.

Apply for this role through this job post or email an application to vacancies@clarcrecruitment.com

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