Head of Compliance & MLRO

• Lead the compliance function for the firm's regulated Isle of Man investment business, maintaining proportionate and effective controls to manage regulatory, financial crime, conduct, legal, operational and reputational risk.
• Act as MLRO - receive and assess internal disclosures, determine whether external disclosure is required under applicable financial-crime legislation, maintain records and liaise with the IOM Financial Intelligence Unit and other competent authorities.
• Oversee compliance with the Financial Services Act 2008, Regulated Activities Order 2011, Financial Services Rule Book 2016, applicable licence conditions, the AML/CFT Code 2019 and all relevant IOMFSA guidance.
• Develop, implement and maintain a documented, risk-based compliance monitoring programme.  
• Provide regular, risk-based reporting to management and the Board on the control environment, material issues, regulatory engagement and horizon scanning.
• Plan and deliver a compliance training programme covering general compliance, AML/CFT/CPF and financial crime for new and existing staff.
• Support the Board and senior managers in evidencing the competence, fitness and propriety of controlled-function holders in accordance with the IOMFSA Training and Competence Framework.
• Work closely with Group Internal Audit to ensure assurance plans remain aligned, risk-focused and relevant.
• Manage and develop compliance resource in support of the above requirements.
• Promote a positive risk and compliance culture through clear advice, constructive challenge and proportionate coaching.

• A relevant professional qualification (e.g. ICA, CISI, ACAMS) or a minimum of 5 years' senior experience in Compliance, Risk, Internal Audit or Legal within a regulated financial services environment.
• Detailed working knowledge of the IOM regulatory framework, including the Financial Services Act 2008, Regulated Activities Order 2011, Financial Services Rule Book 2016 and AML/CFT Code 2019.
• Proven experience operating as an MLRO or Senior Compliance Officer within an IOMFSA-regulated investment business.
• Strong verbal and written communication skills, with demonstrable experience presenting to Boards, senior management and internal committees.
• Ability to work independently, manage a varied workload under pressure and deliver consistently to deadline.
• Systematic and detail-oriented approach, with the capability to identify risk, drive remediation and evidence outcomes.
• Experience developing and delivering compliance training programmes.
• Sound understanding of AML, CFT, CPF, sanctions and data protection obligations in a regulated financial services context.

Your specialist: Sally Fenton

Quote job ref: 16848

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.

Submit Your CV