We are seeking an experienced Head of Compliance to lead our client's compliance function in Frankfurt. The ideal candidate will have a deep understanding of German and EU regulations, a proactive approach to risk management, and the ability to lead a team of compliance professionals.
Key Responsibilities:
- Develop, implement, and maintain a robust compliance framework to ensure adherence to German and EU regulatory requirements.
- Act as the primary point of contact with local and international regulatory authorities, ensuring timely reporting and communication.
- Lead, manage, and mentor the compliance team, fostering a culture of compliance and integrity within the organization.
- Oversee compliance monitoring, risk assessments, and audits to identify and mitigate compliance risks.
- Provide expert advice and guidance to senior management on compliance matters, emerging regulatory trends, and risk management strategies.
- Develop and deliver compliance training programs for employees to ensure awareness and understanding of relevant policies and regulations.
- Monitor and review the effectiveness of compliance controls, updating and refining policies as necessary.
- Manage and handle any investigations, breaches, or incidents, ensuring prompt and effective resolution.
- Prepare and present compliance reports to the board and senior management, highlighting key risks, trends, and developments.
Key Requirements:
- A bachelor's degree in Law, Finance, Business, or a related field; a master's degree or professional compliance qualification is preferred.
- Minimum of 8-10 years of experience in compliance within the financial services or banking sector, with a strong focus on German and EU regulations.
- Proven leadership experience with the ability to manage and motivate a team.
- In-depth knowledge of German and European compliance regulations, including AML, GDPR, MiFID II, and other relevant frameworks.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication skills, both written and verbal, with fluency in German and English.
- Ability to work effectively with senior stakeholders and build strong relationships with regulatory bodies.
