Group Chief Compliance Officer

• Interpreting regulation and legislation ensuring that the business complies with legal, ethical and regulatory requirements in the jurisdictions of operation.
• Embedding a regulatory risk mitigation programme that protects the Group from regulatory sanction, financial and reputational loss.
• Monitoring changes in relevant legislation and the regulatory environment and taking action accordingly to ensure timely implementation.
• Overseeing the day-to-day interpretation and embedding of the regulatory risk framework in the Group.
• Providing an effective risk-based Compliance Assurance Review programme.
• Managing the annual review process for relevant Risk Policies with the relevant stakeholders.

• Proactively support the embedding of effective Anti-money Laundering, Terrorist Financing and Fraud procedures throughout the business.
• Ensure effective training is provided to staff worldwide in accordance with Isle of Man legislation.
• Make formal reports to law enforcement agencies and review and comply with any resulting production, restraint or confiscation orders issued by the Isle of Man courts.

• Provide advice to the Executive Committee and the Boards on emerging regulatory risks and resulting action taken to mitigate those risks
• Provide challenge, where necessary, to other members of the Executive when discussing future strategy that may have an impact on the Group's regulatory compliance, relationship with regulators and the fair treatment of customers

• Provide regulatory support for key strategic projects.
• Implementation and embedding in areas of own responsibility.

• Engage actively with Regulators with a view to maintaining a positive and cordial relationship.
• Exert influence where regulatory change may impact on the Group's business.

• Responsibility for a team of up to 8 direct reports.
• Responsibility for agreeing clear objectives which reflect and support the delivery of the business plan.
• Responsibility for the identification and implementation of a personal development plan of training needs.
• Proactively monitor and manage own performance through regular reviews / appraisals with Line Manager.
• Personally, support the Group Chief Risk Officer to implement the Risk Target Operating Model.
• Flexibility and support other members of the team as required - lives and breathes, believes in and supports team culture, displays behaviours and values.
• Demonstrate an understanding of the company's core values.
• Demonstrate a full understanding of the fair treatment of customers and be risk aware.  
• Effective leadership including, delegating, managing upwards, delivering core objectives as well as mentoring and mentor and develop team to reach potential.

• In depth knowledge of the duties and responsibilities of a Chief Compliance Officer in the international life assurance sector.
• Must have held a senior compliance role for at least five years.
• Broad commercial experience with experience in the financial services sector, particularly the life and investment sectors.
• Experience of operating in a multi‐jurisdictional environment.
• Experience of working in a business going through continuous upgrading, change and growth.
• Understanding of market knowledge and regulations/legislation within industry, ideally from the life and investment sectors.
• Track record of strong leadership and is committed to mentoring and developing the team.
• Must have sufficient experience to represent Group with regulators, government and trade body committees.
• Problem Solving ‐ Analyses situations, identifies solutions and presents complex problems in a clear manner, good numerical skills.
• Influencing and interpersonal ‐ Develops sustainable relationships, persuasive, articulates information well, challenges ideas constructively and insightfully, deals with stakeholders with humility, diplomacy, commercial insight and respect - a trusted advisor and credible subject matter expert.  A genuine interest in business and regulatory compliance developments.
• Adaptable ‐ Enjoys new challenges, embraces change, resolves conflict, flexible support to the wider team.
• Results Driven ‐ Organises resources, establishes priorities, puts planning and governance structures in place, establishes risks.
• Reliable - delivers on commitments and upholds standards and principles.
• Leadership - delegates, manages upwards, and delivers on core objectives through mentoring and coaching direct reports to develop and reach their potential.
• Organisational - meticulous attention to detail, organisational and time management skills and a genuine interest in business. Excellent computing, compliance, team working and written/verbal communication skills are also important.
• Independence - the ability to conduct the role independently and with integrity and to exercise professional judgement.

Your specialist: Sally Fenton

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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.

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