Head of Compliance (SMF16/17) – FCA

About the role

The Head of Compliance, Compliance Oversight & Money Laundering Reporting Officer (SMF16 & SMF17) provides independent second‑line oversight of the firm’s regulatory compliance and financial crime framework, ensuring adherence to FCA requirements, Consumer Duty, SM&CR and related legislation.

Key responsibilities

• Perform SMF16 and SMF17 functions, maintaining an effective compliance framework, policies, procedures and controls.
• Develop and deliver a risk‑based compliance monitoring programme, conduct reviews, risk assessments and regulatory assurance activities.
• Oversee AML, CTF, sanctions and financial crime frameworks, assess suspicious activity reports and make disclosures to the National Crime Agency.
• Provide independent regulatory advice and challenge to senior management and the Board, and report compliance, conduct and financial crime matters to the Board.
• Monitor regulatory developments, implement FCA and legislative changes, and embed Consumer Duty principles to promote positive customer outcomes.

Required profile

• Significant experience in an FCA‑regulated financial services environment, preferably in consumer credit, debt collection or related sectors.
• Strong knowledge of the FCA Handbook (CONC, SYSC, DISP), Consumer Duty, SM&CR and AML/CTF legislation.
• Proven track record of developing, implementing and monitoring compliance frameworks and controls.
• Experience presenting compliance matters to senior management and boards, with excellent stakeholder management and analytical skills.
• Degree or equivalent professional experience and a compliance qualification (or working towards one); eligible for FCA approval for SMF16 and SMF17.