Chief Compliance Officer​/Head of NFRM Ireland, Middle East SVP

Position: Chief Compliance Officer/Head of NFRM Ireland, Middle East & Africa (SVP)
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Chief Compliance Officer / Head of Non-Financial Risk Management for UK, Ireland, Middle East & Africa (Senior Vice President)
Role

Summary:

The Chief Compliance Officer/Head of Non-Financial Risk Management for UK, Ireland, Middle East & Africa (SVP), is responsible for leading the integrated Compliance and Operational Risk functions across the United Kingdom (UK), Ireland, and the Middle East & Africa (MEA) region, including Saudi Arabia, United Arab Emirates and Oman. This executive role provides strategic leadership and oversight for the second line of defense, ensuring robust frameworks for regulatory compliance and operational risk management are in place and effective.  

This role reports to the Global Chief Compliance and Operational Risk Officer and serves as the Chief Compliance Officer for the regional areas of oversight.
This leadership role is a SMF 16 & SMF 3 for State Street Bank & Trust Company London Branch; SMF 16 for State Street Trustees Limited, and SMF
16 for State Street Global Markets International Limited. The role will also carry out day-to-day management of Non-Financial Risk pursuant to a documented delegation from the UKIMEA Chief Risk Officer (SMF4).

Key Responsibilities include:

Strategic Leadership:
Set the regional strategy and priorities for Non-Financial Risk in conjunction with the UKIMEA Chief Risk Officer (SMF4), Global Chief Compliance and Operational Risk Officer (CCORO) and regional senior management.

Oversee the implementation and management of the regional programs for identifying, assessing, measuring, reporting, mitigating, and controlling Non-Financial Risk exposures.

Governance & Oversight:
Provide independent challenge and effective oversight of risk management practices and implementation of Non-Financial Risk Programs, including the quality of non-financial risk management by the First Line of Defense.

Chair and participate in relevant regional and global committees related to non-financial risk, including The Business Compliance and Conduct Committee.

Risk Identification and Management:
Develop and monitor existing and emerging non-financial risks, identifying material trends, escalate risk issues, and ensure timely development of risk responses.

Oversee the regional Risk and Control Self-Assessment (RCSA) program, issues management, loss event and incident management, scenario analysis and lessons learned processes.

Ensure timely and effective reporting of relevant risks to senior management, the Board, and regulatory bodies, including the FCA and PRA, as and when required.

Regulatory Engagement
Maintain relationships with key regulators, (e.g., FCA, PRA, CBI, FSRA, CMA) and ensure appropriate regulatory communications and responses to non-financial risk matters.

Oversee the monitoring of applicable regulatory changes in the UK, Ireland MEA region and coordinate the provision of effective support, advice and notification to relevant senior management within the business units, applicable functional area or relevant legal entity as they address and implement such changes.

Collaboration & Culture
Collaborate with Legal, Regulatory Industry and Government Affairs, Enterprise Risk Management, Corporate Audit, and other global and regional leaders to enhance the connectivity of non-financial risk processes.

Foster a culture of risk excellence, accountability, and ownership throughout the team and region.

Manager & Program Leadership
Provide regional oversight of and support to the MLROs, business-aligned and legal entity risk teams in the UK, Ireland MEA region in the discharge of their financial crime related obligations.

Lead, manage, and develop a multi-jurisdictional team of non-financial risk professionals, ensuring clear reporting lines, authority levels, scope of responsibilities, objectives, training, and competency requirements. Review progress regularly in line with Company policy, to ensure staff are regulatory registered where appropriate for their role.

Manage the UK…