Interim SMCR AVP

City of London Temporary £250 - £350 per day
  • Broad range of stakeholder engagement
  • Huge growth and development opportunity

About Our Client

International Banking organisation with a large presence in London.

Job Description

  • The Senior Managers and Certification Regime was implemented by the PRA and FCA to enhance individual accountability within financial institutions. Senior Managers Regime team within Company Secretarial and Central Support Group is responsible for the systems and controls of the Senior Managers Regime.

The SMR Specialist carries out the day to day activities to ensure the firm meets regulatory obligations under the guidance and supervision of the Head of Senior Managers Regime. The role holder will report to the Head of Senior Managers Regime, and work closely with stakeholders including Senior Management Function (SMF) holders, GMs and Co-GMs and any other relevant teams/individuals.

  • Keeping the Bank's Management Responsibilities Map current, together with all supporting Handbooks, Policies and Procedures for SMR, as well as change log/registers.
  • Keeping the individual Statements of Responsibilities current.
  • Maintain and manage all SMF documentation, including Job Descriptions, Reasonable Steps, Learning and Development Plans, Handover documents and other ad hoc documentation.
  • Prepare all SMF regulatory filings, as required.
  • Preparing briefing notes, presentations and reports for senior management consideration in relation to the Senior Managers Regime.
  • Preparation of MI, Board/Local Management Committee and Executive Committee paper/reports in relation to SMR.
  • Preparing training materials on the SMR.
  • Supporting the Head of SMR providing guidance, briefings and/or training to SMFs, GMs or other teams, as required.
  • Monitoring of regulatory developments and proposing changes of systems and controls in response to emerging trends and changes of regulatory rules. Undertaking recordkeeping obligations for SMCR
  • Carrying out ad hoc activities such as analysis on changes of regulations, reporting, monitoring, as requested.
  • Assisting the Head of SMR in SMCR related projects to enhance or develop new and existing processes.

The Successful Applicant

  • The role holder should be able to manage his/her own work and resolve routine problems and queries.
  • The role holder should have sound judgement on prioritisation and be able to deal with multiple tasks in timely and accurate manner.
  • The role holder should be able to communicate with stakeholders in professional manner and be able to express views clearly verbally and in writing.
  • The role holder should be proactive and self-motivated.
  • Previous experience in Senior Managers and Certification Regime desirable
  • Knowledge in SMCR regulations and banking compliance and regulations essential

Higher Diploma, qualification or Bachelor's degree preferred

What's on Offer

Broad role offering a competitive day rate, within a highly regarded business.

Michael Cunningham
Quote job ref
Phone number
+44 207 776 5923

Job summary

Banking & Financial Services
Compliance & Legal
Financial Services
City of London
Contract type
Consultant name
Michael Cunningham
Consultant phone
+44 207 776 5923
Job reference