Senior Compliance Officer

• A key role in the risk management framework, working with department head to ensure risks are identified, assessed, managed and controlled within the appetite of the board
• Ensure familiarity with risk management programmes as they impact this position, and follow appropriate risk management procedures to control, monitor and report on business activities.
• Preparing regular risk reports to the board
• Continued development of the compliance monitoring framework.
• Execution of the agreed compliance monitoring plans to ensure compliance with Group policies and regulatory obligations.
• Preparing regular reports to the board of the compliance monitoring, including any identified deficiencies and the progress in their resolution
• Assisting in providing regulatory compliance advice to the business on regulatory issues.
• Managing the investigation of complaints ensuring they are resolved thoroughly, accurately and without bias.
• Assisting with the preparation of regulatory returns.
• Assisting with the review of company literature and promotional material for adherence to applicable regulations.
• Communicating clearly and effectively with the business, the Isle of Man Financial Services Authority, the Information Commissioner and, where required, by clients.
• Delivering training and coaching to team members across the business whilst promoting an open and effective compliance and risk awareness culture.
• Maintenance of the regulatory registers.
• Deputising for the MLRO when they are absent from the office, and executing the statutory role of Deputy Money Reporting Officer
• Assisting in the maintenance of the Group polices, processes and procedures as they relate to Compliance, AML and Data Protection.
• Assistance in the provision of regular regulatory updates to the business
• Handling Subject Access Requests including liaising with staff as appropriate and production of material.

• You will have at least 5 years' experience within the regulated sector, of which at least three years will have been in a compliance setting - Essential
• You will have a comprehensive understanding of the Isle of Man AML/CFT framework and its obligations on regulated entities - Essential
• You should already possess or be working towards an Advanced Certificate level GRC, AML/CFT, or financial crime prevention qualification, with a desire to progress towards the Diploma - Essential
• Preferably you will have an in-depth knowledge of the Rule Book Desirable
• Ideally you will have demonstrable experience under at least two of the following regulatory  regimes: the Financial Services Act, the Insurance Act and the Retirement Benefits Schemes Act - Desirable

• Ability to produce quality work to strict deadlines
• A team player with demonstrable and robust communication skills
• Accurately complete administrative and technical work
• Self-motivated with a structured approach to work
• Identify and analyse problems by interpreting data available
• Professional manner
• Competent user of Microsoft Office packages
• Analytical experience and ability to identify trends and root cause and identify solutions
• Ability to remain calm under pressure and provide measured and well-articulated responses
• Ability to coach and feedback effectively to teams and individuals, peers and senior managers.

Your specialist: Anne Murray

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Hi, I'm your specialist Anne 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.

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