What is a Head of Compliance?

Within a Bank or Financial Services firm, the Head of Compliance is responsible for ensuring that the institution adheres to all federal, state, and industry regulations. This includes overseeing compliance programs, monitoring regulatory changes from agencies like the Federal Reserve, FDIC, and SEC, and mitigating legal and financial risks. They ensure that policies, procedures, and employee practices align with legal standards and promote ethical conduct throughout the organization.

What are the responsibilities of a Head of Compliance?

• Ensuring the organization complies with federal and state regulations, including SEC, FDIC, and Federal Reserve guidelines.
• Overseeing the development and implementation of compliance programs.
• Monitoring regulatory changes and adapt policies accordingly.
• Conducting internal audits to assess compliance effectiveness.
• Mitigating legal, financial, and reputational risks related to non-compliance.
• Providing training and guidance to staff on compliance matters.
• Liaising with regulatory bodies during audits and investigations.
• Ensuring accurate reporting and documentation for regulatory submissions.
• Investigating and addressing compliance breaches within the organization.

Are you looking to hire a Head of Compliance?

Whether it’s permanent or an interim appointment, we can help you find the perfect candidate for the position. To find out more, complete the contact form below and we’ll be in touch within the next working day to discuss your opportunity further.

Why work with Kind Consultancy?

• Kind has a large pre-existing network of Compliance, Risk and Financial Crimes experts, which allows us to present your vacancy to leading professionals in the sector.
• An active headhunting approach provides the best candidates for your organization and delivers more accurate searches.
• With a shortlist of pre-screened candidates selected by our specialist team, there is no need for you to sort through irrelevant or underqualified CVs.
• Kind Consultancy maintains a fast-growing database of Risk, Compliance and Financial Crimes professionals who will be eager to hear about your need in their niche.

If you want to hire an exceptional Head of Compliance, complete the contact form below and we will initiate a conversation about how Kind Consultancy can help find the ideal person for your organization.