Senior Compliance Manager

• Drive compliance with all Isle of Man legislation, regulation and applicable codes of practice in the markets in which the Bank operates (excluding company law and employment law).
• Identify potential areas of compliance vulnerability and risk - develop/implement corrective action plan for resolution of problematic issues and provide general guidance on how to avoid or deal with similar situation in the future.
• Support effective issues and actions tracking, with appropriate escalation and reporting, for open risks.
• Maintain and analyse key risk data in order to inform and support reporting on internal regulatory controls.
• As required, present management, ARCC and Board with regular reports on the status of the internal regulatory control environment, regulatory engagement and external horizon scanning.
• Support the delivery of a compliance training programme (to cover general compliance, AML/CFT, financial crime requirements) for both new and existing staff as required.
• Support IOM based compliance monitoring and assist with a wider programme of compliance monitoring as required, to ensure that controls are adequately designed and operating effectively to maintain compliance with all applicable law and regulation.
• Support the maintenance of compliance policies in line with regulatory requirements, including the annual review and refresh of relevant manuals, policies and procedures. Support the effective implementation of compliance related policies, including the maintenance of all registers and logs required by the FSA Rulebook/Handbook (as applicable).
• Support the delivery of FSA regulatory returns and notifications, helping to ensure that submissions are planned, owned and delivered in an accurate and timely manner.
• Provide compliance thought-leadership in support of corporate projects.
• Actively promote compliance awareness within the business and the development of a positive compliance culture, including the provision of regulatory compliance related coaching to the business as required.
• Drive own self-development to continue to meet the requirements of the role and the needs of the business.
• Work closely with the Head of Compliance and Compliance Manager (UK) to ensure that assurance plans remain risk focused and relevant, and that outputs are actively supported and addressed.

• Hold a relevant professional qualification or have a minimum of 5 years relevant industry experience (e.g. Compliance/Risk/Internal Audit/Legal).
• Detailed working knowledge of the Isle of Man FSA Rule Book and the AML/CFT Code, as they apply to deposit taking/banking.  Working knowledge of international regulatory standards.
• Excellent verbal and written communication skills, with experience of presenting to senior management and internal committees.
• Ability to work independently and manage own workload under pressure.
• Systematic approach to work with demonstrable ability to deliver to deadline, whilst maintaining attention to detail.

Your specialist: Debbie Amankwa

Quote job ref: 16200

Hi, I'm Debbie and I look forward to receiving your submission for this fantastic opportunity with this business.

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