IT Recruitment UK Permanent Roles

Head of Compliance (Controls Testing & Vendor Risk)

  • Permanent
  • England, South London
  • asap
  • compliance risk gdpr
  • Up to £70000 per annum

This is a hands on operational role running a small team of six based across two sites. The successful incumbent will facilitate and oversee the development of corporate risk assessments, control testing, vendor management and policy and governance for my clients European Compliance function. It will also incorporate a special emphasis on the alignment with consumer protection laws and regulations also across various European locations.

You will be responsible for managing comprehensive compliance and risk frameworks to ensure the organization remains focused on legislative and local compliance programs. You will take the lead role in ensuring compliance with applicable legal and regulatory requirements across Europe, as defined by General Counsel, including, for example, the FCA, the UK Consumer Credit Act and GDPR.
A key factor in the role is the ability to understand the key factors that drive the business, the business challenges, the pressures confronting various business lines, and the goals of the organizations business lines and departments. This understanding is essential for building and maintaining an effective Compliance program.

Your duties and responsibilities will include:

Design control activities to measure and monitor risk across the organization. Provide guidance and input into the creation of a centralized process for aggregating and reporting risk information from various sources that provide a comprehensive view to executive management of overall risk exposure.

Establish the company’s risk management program, objectives and framework.

Create and own an annual risk based monitoring plan

Execute monitoring reviews (control/thematic) in accordance with the Program, including control design assessment and effectiveness testing

Monitor the performance of the Compliance Program and related activities on a continuing basis, taking appropriate steps to improve its effectiveness

Identify potential areas of compliance vulnerability and risk; develop/implement corrective action plans for resolution of problematic issues, and provide general guidance on how to avoid or deal with similar situations in the future

Manage aspects of the onboarding process of material vendors, European -wide, supporting multiple departments and business lines

Work independently with vendors in the due diligence process, ensuring all required documentation is received and adequately complies with internal compliance standards

Support local compliance teams and relationship owners to manage remediation items and action plans associated with onsite audit results, crafting effective resolutions to meet compliance and regulatory standards

Provide compliance related tools, techniques, and professional guidance to assist business units and managers.

Partner with the business to assess compliance gaps and vulnerabilities and report compliance management issues to the European Compliance Director.

Work closely with General Counsel as needed to identify and resolve legal compliance issues.

Your background will include:
Experience in the financial services sector
Experience within a regulated environment
The ability to understand what drives a business.
The ability to identify business challenges, pressures confronting various business lines, and the goals of the organization’s business lines and departments.
Exceptional oral, written, and interpersonal skills.
A comprehensive knowledge of risk management principles and practices.

TLP Consultancy Ltd is acting as an Employment Agency in relation to this vacancy.


Apply now via e-mail