Chief Compliance Officer
Isle of Man
Permanent
Our client seeks a Chief Compliance Officer to join their Executive Team.
Role Profile: Responsibility for leading a team of compliance professionals in delivering an excellent second line of defence and compliance advisory capability across the business.
This role oversees all regulatory engagement across five regimes; Isle of Man, Jersey, UK, Dubai and South Africa, and includes products and services in investment management, wealth planning, banking and lending.
Key Responsibilities:
- Responsible for the design and implementation of the overall Compliance framework and strategy
- Oversee the formation, approval and execution of the Coordinated Assurance plan
- Horizon scanning and proactive compliance advisory engagement to ensure that the business meets changing regulatory requirements
- Lead, design and implement consistent compliance policies, processes and controls
- Develop and implement strong cross-border policies and foster a positive compliance culture across the business
- Sponsor of regulatory compliance projects, ensuring that appropriate resources are deployed effectively
- Drive the improvement of processes to continue to foster a positive and proactive approach to regulatory awareness and compliance
- Defining the necessary level of knowledge on existing and emerging regulatory compliance requirements across the organisation
- Chair of Committee and oversight / monitoring
- Providing guidance, advice, and/or training and educational programs, to improve business' understanding of related laws and regulatory requirements
- Providing strategic direction to the management team on compliance matters
- Oversee the preparation and presentation of clear and concise compliance reports to the Board, Audit, Risk & Compliance Committee, EXCO and the Risk Committee
- Interacting with and co-ordinating with regulators
- Coordinating efforts related to internal audits, regulatory reviews, and examinations
- Coordinating internal compliance review and monitoring activities, including periodic reviews of departments
- Independently investigating and acting on matters related to compliance
Key Skills and Experience:
- ICA Diploma in Compliance/CISI International Diploma in Investment Compliance/MSC in Regulation (or similar) - Essential.
- Proven compliance professional with leadership experience, who is able to demonstrate an ability to lead a world class compliance team and engage directly with Board level stakeholders
- Experience in the Banking industry
- A sound knowledge of Isle of Man, UK and Jersey financial services regulations is a requirement.
- Broader international compliance experience would be desirable, as would multi-jurisdictional experience in some or all of the locations the business operates in.
Your specialist: Sally Fenton
Quote job ref: 15847
Hi, I'm Sally and this is one of the job roles I am looking after for this super business. If this job is of interest for you, please submit your CV and we will come back to you to arrange the next staging.
