Job Description

ROLE PROFILE

Compliance Officer

STRUCTURE LINE MANAGEMENT RESPONSIBILITIES

Reports to the Head of Compliance None

MISSION & PURPOSE

The primary purpose of the role is to assist the Head of Compliance with the implementation and delivery of our client’s regulatory compliance programme and associated initiatives.

KEY RESPONSIBILITIES & DELIVERABLES

● Perform scheduled monitoring as set out in our client’s Compliance Monitoring Programme and provide reports and feedback on results and findings to the Head of Compliance.

● Assist with the review and implementation of compliance policies, procedures, processes and controls.

● Assist with preparation of Compliance reports and supporting documents for quarterly Manco meetings, the Annual Compliance Report, and other senior management meetings.

● Assist with new business enquiries including review and sign-offs of risk assessments and CDD prepared, and referring any issues or higher risk matters to the Head of Compliance.

● Assist with the completion of a scheduled programme of risk reviews.

● Review and provide feedback to staff on customer related queries.

● Assist the Head of Compliance with preparation of regulatory returns and filings.

● Assist with answering and responding to routine external enquiries and requests from stakeholders.

● Review sanctions notices for potential matches.

● Updating and maintaining compliance registers.

SKILLS COMPLEXITY AND CREATIVITY Essential Desirable

● Ability to work independently under pressure and meet deadlines with a high degree of accuracy.

● Self-Motivation and discipline in task completion. 

● High organisational and prioritisation skills. 

● Able to develop smooth and constructive relationships with colleagues, outside agencies, organisations and individuals.

● High degree of flexibility and willingness to help others. 

● Friendly and ability to maintain high professional standards. 

● Able to handle confidential matters with utmost discretion.

● Good verbal and written communication skills. 

EXPERIENCE, EDUCATION, TYPICALLY Essential Desirable

● Experience in a compliance role. 

● Good knowledge of Isle of Man Class 4 & 5 requirements 

● Strong knowledge of Isle of Man AML Requirements 

● Professional qualification in Compliance. 

The above statements are intended to describe the general nature and level of the work being performed. They are not construed as an exhaustive list of all deliverables and responsibilities and duties. Any person undertaking the role is expected to be flexible in approach and may be required to perform other duties as may be reasonably required for the benefit of the business and to add value.