Compliance Manager

Isle of Man
Permanent
Our Client is seeking a Compliance Manager to join their team.
 
Key Responsibilities:
  • Management of the compliance function including responsibility for 1 full time administrator;
  • Maintaining all compliance and AML registers as well as regular board and stakeholder reporting;
  • Maintain, review, update and distribution of all internal compliance and AML policies, procedures and governance frameworks - ensuring adherence with all applicable regulation and legislation;
  • Acts as primary point of contact with all regulatory and legal bodies including the FSA and FIU;
  • Undertaking reviews and ongoing monitoring on current client base;
  • Sit on several internal committees including new business, high risk and business risk.
  • Act as DMLRO and provide cover and assistance to the MLRO with primary responsibility for handing any SAR and ML Enquiries from Authorities;
  • When required to do so, provide compliance & AML guidance to client companies with the potential to sit as HOC and MLRO / DMLRO on client entities;
  • Submit regulatory and statistical reports for the FSA, auditors and insurers when required;
  • Organise and provide ongoing AML, Whistleblowing, ABC & GDPR training;
  • Acting as primary point of contact for all staff on any compliance or AML queries; and
  • Undertake remediation and ad-hoc compliance projects as and when needed.
 
Key Skills & Experience:
  • Has at least 3 years' experience in a compliance environment, preferably within a TCSP or banking position;
  • Holds a professional compliance qualification;
  • Has extremely in-depth knowledge of the requirements in the IOM AML Code and handbook;
  • Has experience in CDD/EDD requirements for high net worth individuals and complex financial structures across multiple jurisdictions;
  • Has in-depth knowledge of the requirements under GDPR and data protection principles;
  • Has experience with AEOI classifications and submission requirements;
  • Is familiar with the requirements and restrictions outlined in the financial services rulebook;
  • Has a sound understanding of corporate governance and experience in developing a strong ethical and transparent culture within a regulated entity;
  • Delivers accurate reviews of new business processes with a considered, systematic and proactive approach;
  • Is familiar with requirements under FATCA and CRS;
  • Is comfortable working independently and liaising with key stakeholders across all levels of the business and multiple offices as well as managing a small team; and
  • Displays a genuine passion for all things compliance with the ability to demonstrate and enforce strong principles of corporate governance.
Your specialist: Anne Murray
Quote job ref: 9102

Hi, I'm your specialist Anne and I can't wait to hear from you about this job. You can simply submit your CV or call me on 678144 with any questions.