Job Description

Compliance Manager

We are on the lookout for a Compliance Manager to join our Isle of Man team.

This is an exciting role, responsible for managing the firm’s day to day compliance activities, providing regulatory compliance assistance, advice and support.

The successful candidate should hold a relevant professional qualification such as ICA, and have experience in a similar TCSP approved role.

Key responsibilities:

• 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

Knowledge and expertise – Essential:

• Excellent knowledge of fiduciary and funds service operations

• Extensive compliance, risk and/or audit experience

• Previous experience as an MLRO or Deputy MLRO would be an advantage

• Minimum of five years’ experience

• Relevant professional qualification, i.e. ICA

• Have held a similar approved Controlled Function status

• Experience in the management, development and implementation of policies and procedures

Skills and competencies:

• Strong communicator with good interpersonal skills

• Proven management ability

• Ability to work independently

• Detail oriented

• Proactive approach to planning and organising tasks