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Jon Balmer
Head of Compliance (SMF16) and Data Protection Officer at Atom Bank
Professional Background
Jon Balmer is a distinguished professional in the financial services sector, currently serving as the Head of Compliance at Atom Bank, where he plays a pivotal role in ensuring that the bank meets all regulatory standards while fostering a culture of compliance. His extensive experience in compliance, risk assurance, and audit management equips him with a unique perspective on industry challenges and best practices. Jon's impressive career includes significant leadership roles at some of the UK's most respected financial institutions.
Before his tenure at Atom Bank, Jon held crucial positions at reputable organizations like Deloitte, Virgin Money, Ryecroft Glenton, and KPMG UK. At Deloitte, he served as Senior Manager in Financial Services, where he was instrumental in guiding various clients through complex financial audits and ensuring adherence to regulatory frameworks. His experience as a Risk Assurance Consultant at Virgin Money further enriched his expertise, allowing him to develop tailored risk mitigation strategies that safeguard the interests of stakeholders.
Starting his audit career at KPMG UK as an Audit Manager, Jon honed his skills in financial assessment and compliance, further advancing his capabilities in risk analysis and management. His rich background in auditing and risk consulting has made him a sought-after expert in navigating the complex landscape of financial regulations, making substantial contributions to the organizations he has been part of.
Education and Achievements
Jon Balmer is an alumnus of Newcastle University, where he earned a BA (Hons) in Economics and Social Policy. This academic foundation provided him with a solid understanding of economic principles and social frameworks, which are crucial in the ever-evolving financial sector. Additionally, Jon pursued further professional qualifications by studying the ACA (Association of Chartered Accountants) at the prestigious Institute of Chartered Accountants in England and Wales. This qualification is a benchmark of excellence in accountancy and financial services, underscoring his commitment to professional growth and ethical financial practices.
Through a combination of academic knowledge and practical experience, Jon has built a robust skill set that encompasses compliance strategy, risk management, audit oversight, and financial analysis. His achievements in these areas reflect his dedication to enhancing operational efficiency and regulatory compliance within every organization he has represented.
Notable Achievements
Among Jon Balmer's notable achievements is his strategic influence at Atom Bank, where he spearheads compliance initiatives that mitigate risks associated with financial operations. His strategic vision has not only improved compliance metrics but has also fostered a proactive approach to compliance culture across the organization.
Throughout his career, Jon has demonstrated a remarkable capacity for leadership and innovation in compliance and risk management. His work at Deloitte has been particularly impactful, as he has guided top-tier clients through intricate audit processes, often leading to enhanced financial health and operational transparency. By navigating clients through audits, he has helped them elevate their financial reporting standards, thereby contributing positively to the overall integrity of the financial services industry.
Furthermore, Jon's tenure with Virgin Money was marked by his successful implementation of risk assurance frameworks, which have been integral in bolstering the organization’s resilience against potential financial adversities. This proactive approach has won acclaim and set benchmarks for risk management practices within the sector.
Additionally, as part of his ongoing commitment to professional development and thought leadership, Jon is actively engaged in industry dialogue about compliance and risk management best practices, sharing insights on current trends and regulatory changes.
In summary, Jon Balmer embodies the essence of a skilled compliance leader in the financial services industry, with a rich history of contribution and a robust educational background. His career trajectory reflects a steadfast commitment to excellence, ethical practices, and innovation in compliance and risk management.