Head of Compliance
Isle of Man
Contract
Head of Compliance - 12 Month Contract
Our client is a distinguished global fiduciary services provider operating across multiple jurisdictions, delivering specialist administration, compliance and trust solutions to institutional clients, asset managers and private wealth clientele. With a collaborative culture that emphasises partnership and innovation, the organisation offers unparalleled career development opportunities within a fast-growing international business. The firm's commitment to excellence, combined with its entrepreneurial spirit and investment in cutting-edge technology, creates an environment where talented professionals can make their mark while delivering world-class service to sophisticated clients.
Role Profile: We are seeking a dynamic Head of Compliance to join Isle of Man operations. This pivotal role offers the perfect blend of strategic leadership and hands-on expertise, working at the forefront of regulatory excellence in one of the world's leading financial centres. As Head of Compliance, you will be responsible for overseeing all aspects of statutory and regulatory compliance while acting as the designated Compliance Officer and Money Laundering Reporting Officer (MLRO/DMLRO). You will lead and develop a high-performing compliance team, maintain robust monitoring systems, and serve as the principal point of contact with local regulatory bodies.
Key Responsibilities:
- Act as the designated Compliance Officer and Money Laundering Reporting Officer (MLRO/DMLRO)
- Advise the Board, Executive Committee, Risk Committee, managers and staff on regulatory, governance, and risk matters
- Lead and manage the Compliance Team, ensuring effective workload allocation, development, and cross-training
- Oversee KYC/Customer Due Diligence (CDD), business acceptance reviews, and preparation of submissions for board sub-committees
- Maintain robust compliance monitoring systems, ensuring timely file reviews, audits, and monitoring activities
- Develop, update, and implement local policies and procedures aligned with Group Minimum Standards
- Manage relationships with local regulatory bodies and act as the principal point of contact
- Maintain key compliance registers and ensure accurate, up-to-date records
- Deliver training on regulations, AML, internal policies, governance, and risk management
- Prepare compliance reports, attend management meetings, and stay current with regulatory developments
Key Skills & Experience:
- Professional compliance qualification (e.g., ICA Diploma, STEP, AML/CFT specialist qualification) or equivalent experience in a similar senior role
- Extensive technical knowledge of the Isle of Man regulatory framework, including the Financial Services Rule Book and AML/CFT Code
- Strong organisational, communication and interpersonal skills, with a collaborative approach suited to a global environment
- Effective senior stakeholder negotiation skills and the confidence to influence at all levels
- Ability to delegate effectively and support the development of others' core competencies
- Demonstrated experience providing strategic guidance to business or practice areas
- Strong technical knowledge of compliance frameworks and data protection legislation
- Skilled in producing management information and delivering projects within agreed deadlines
How to Apply
For more information about this exceptional opportunity, please visit searchandselect.com or contact our specialist team to discuss your interest in confidence.
Your specialist: Sally Fenton
Quote job ref: 16473
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.
