Compliance Monitoring Manager

Compliance Monitoring Manager is a crucial title within a Financial Services firm’s Compliance function, with oversight of the assessment of how well Compliance policies and procedures are working in the business’s day to day activities.

A growing challenger bank approached Kind Consultancy with a need to recruit a permanent Compliance Monitoring Manager as they expanded their Compliance team. Monitoring responsibilities had previously been handled by their Compliance Manager, and they were now at a size where a dedicated Monitoring Manager was required.

They had previously attempted to fill the role themselves and had been turned down by the two candidates that they had offered the position to. The bank’s headquarters are not in a major city, and the location had been a dealbreaker for both of their past candidates.

We took a full brief on the job and the long-term plans for the business, and contacted a number of Compliance Monitoring professionals who were already part of our extensive database of Compliance talent, as well as confidentially approaching some Compliance Monitoring Managers who were at the time working for similar sized challenger banks. We made sure that any candidate we considered shortlisting was open to commuting to the office location.

Selecting the people from both sources that we felt had the necessary skills and experienced and were personally aligned with the bank’s long term plans, we submitted a shortlist. Shortly after interviews were conducted, the client offered one of our candidates who happily accepted.

The candidate unfortunately then faced a number of complications and delays in their relocation, and they were unsure they would be able to start the role.

Staying close to both candidate and client, Kind were able to devise and suggest an arrangement where the candidate would come on board immediately as a contractor working remotely, and would then be taken on permanently once the relocation was completed. Both parties were happy with this solution, and the selected Compliance Monitoring Manager candidate was screened and on-boarded as a contractor in just a few days.