Compliance Manager

Job Description

Duties include:
Compliance Officer and MLRO
Primary point of contact with the Isle of Man Financial Services Authority
Review, advise on and implement applicable legislation and regulations
Manage the compliance monitoring programme to assess adherence with regulations
Undertake internal audit reviews to test validity and robustness of internal controls
Review advertisements and other promotional content
Review collective investment scheme documentation for adherence to applicable regulations
Ensure policies and procedures are up-to-date and meet company and regulatory needs
Oversee risk management for the business
Advise on the impact of new processes, products and practices upon the risk environment
Review and manage the company’s risk policies and risk register
Monitor controls in place to manage and mitigate identified risks
Attend meetings of the Risk Management Committee
Promote an effective compliance and risk awareness culture
Develop effective relationships with directors and staff as well as third parties and professional intermediaries as required
Deliver anti-money laundering training to staff

Skills and experience required:
Excellent knowledge of fiduciary and funds service operations
Extensive compliance, risk and/or audit experience
Previous experience as an MLRO or Deputy MLRO
Minimum of five years’ experience
Relevant degree level or equivalent professional qualification
Experience in the management, development and implementation of policies and procedures