Compliance Officer
Isle of Man
Permanent
Our client seeks a Compliance Officer to join their team.
Role Profile: To support the implementation of the Compliance Monitoring Programme ('CMP'), thereby ensuring the business is protected against financial crime, regulatory, reputational and operational risk. To assist the Compliance Team with fulfilment of all Compliance and regulatory responsibilities. To ensure the CMP is maintained and updated as necessary in line with changes to any regulatory requirement.
Key Responsibilities:
- To support the implementation of the CMP, ensuring no backlogs develop.
- To ensure that findings are accurately logged and monitored to a satisfactory conclusion.
- Based on findings, suggest actions required e.g. additional training, increased / reduced frequency of specific tests, system enhancements where appropriate
- To assist with provision of MI for Board reporting
- To record and escalate significant findings to the Head of Compliance
- To assist in managing and supporting departmental workload and critical tasks, such as Compliance Regulatory returns and compliance registers.
- To ensure testing criteria remains consistent with updated systems and controls and remains effective
- Working with the business to strengthen its compliance culture by being approachable and clearly articulating requirements.
- To provide demonstrable support for the strategy of the Isle of Man business and the wider Group.
Key Skills and Experience:
- The post-holder must have appropriate professional compliance qualifications or a number of years' experience in a compliance role.
- Prior experience in developing and delivering a Compliance Monitoring Plan (CMP).
- Strong knowledge of the Isle of Man regulatory framework and international compliance standards
- Experience within the TCSP sector (preferred but not essential)
- Ability to adapt to regulatory changes and implement best practices effectively
- Strong report writing skills; and
Personal Attributes
- Excellent organisational skills;
- Great inter-personal skills to communicate CMP Findings with the business lines and confidently discuss the way in which issues can be resolved;
- Ability to build and develop strong working relationships at all levels;
- High level of self-motivation and discipline.
Your specialist: Paige Milestone
Quote job ref: 16542
Hi, I'm your specialist Paige 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.
