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Compliance Manager in United Kingdom

What is a compliance manager?

A compliance manager ensures that the business is meeting its regulatory obligations. They create internal policies for the business and ensure these are followed at all times. They also use their knowledge to advise senior management and to train employees.

Compliance manager job description and responsibilities

Compliance managers are tasked with creating strategies and policies to make sure businesses are compliant with FCA regulations and that everything they do is within the law.The compliance manager typically reports directly into the Head of Compliance, who acts as a direct line to regulatory authorities. On a daily basis, they assess the compliance of internal processes against current regulations, maintain reporting and help to advise and train staff.Because regulations and legislation change all the time, a compliance manager is relied upon to keep on top of best practice and to ensure that the business’ internal policies account for any changes.Tasks include:Developing policies and proceduresManaging team membersEnsuring the business is up to date on legislation, regulation and best practiceAdvising various departmentsConducting annual compliance checksCreating and maintaining recordsInspiring and leading a culture of complianceTrain employees on internal policies

Compliance manager job qualifications, skills and experience

The role of compliance manager is usually reached through several years’ experience working as a compliance officer. Professionals could have a degree or a CISI diploma. Compliance managers are required to have an excellent working knowledge of UK Conduct Regulations and skills in AML and KYC. Compliance managers will ideally have some of the following qualities:Detail orientedGood judgementExcellent interpersonal skillsGood organisational skillsTime managementStrong sense of ethics

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Submit your CV or request talent now and our expert recruiters will be with you shortly.Robert Half can assist you with your compliance manager staffing needs.
Salary for Compliance Manager in United Kingdom

62500 - 93500

25th percentile
62500
The candidate has little or no prior experience in the position and is still developing relevant skills.
50th percentile
73500
The candidate has an average level of experience and has most of the necessary skills.
75th percentile
93500
The candidate has above-average experience, has most or all the necessary skills, and may have specialised qualifications.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director/Head of Compliance 103250 120500 143750 Senior Compliance Analyst 39000 49000 58750 Compliance Analyst 29000 32750 36250

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Our starting salary projections come from a detailed, multistep process that ensures our numbers accurately reflect the marketplace. They’re based on real compensation data for job seekers our recruiters have matched with companies across the country, in addition to 350,000 third-party vacancies data from Textkernel for independent validation. The Salary Guide From Robert Half is the original. We’ve been publishing salary forecasts since 1950, and our guide has served as a trusted source for employers, job seekers, industry associations, government and educational institutions, and national and local media.