Head of Compliance
This role will play a crucial part in ensuring robust compliance procedures are maintained across these businesses and the successful candidate will play a key part in our management team.
1. Professional qualification in compliance
2. IOMFSA approval in a similar role would be advantageous
3. At least 5 years’ experience in a compliance role
1. Good working knowledge of Financial Services Rule Book & the AML/CFT Code
2. Experience of working with the TCSP industry
3. Strong people leader who will see tasks through to completion
4. Excellent interpersonal skills which enable ahead of compliance to work effectively with all department members, and also to collaborate with external parties when needed
5. Strong organisational skills
6. Ability to work to strict deadlines
7. Willing to take on responsibility and ownership of tasks
8. Methodical with attention to detail
9. Experience or a professional qualification in data protection
The Head of Compliance will report directly to the Board. The duties of the role would typically involve the following:
1. Managing the Compliance Department with all aspects of client compliance and supervising tasks through to completion.
2. Overseeing the maintenance of the firm’s policies and procedures and compliance manuals and updating as appropriate.
3. Keeping up to date with relevant regulation and legislation and assisting the Board with regulatory consultations
4. Review of quarterly compliance reports for the Board and attendance at the Quarterly Compliance meetings, ensuring the follow up of matters arising; exception reporting and monitoring
5. Assisting the Deputy MLRO and MLRO to ensure compliance with AML/CFT legislation and guidance and overseeing the arranging/preparation of AML training.
6. Overseeing the preparation and submission of regulatory returns.
7. Ensuring compliance with all regulatory requirements and deadlines.
8. Acting as primary point liaison with the IOMFSA
9. Attending the AML Committee and the Data Protection Committee, following up matters arising
10. Perform regular monitoring of high risk clients
11. Risk assessing Politically Exposed Persons (PEPs) and maintaining the PEP register
12. Maintenance of compliance registers and breach investigations
13. Providing ongoing advice and support to staff in relation to all compliance matters
14. Supervising compliance staff in relevant tasks and undertaking monthly reviews
This position gives the opportunity for an experienced compliance professional to utilise their skills and knowledge in an interesting and varied role across all aspects of our friendly and busy fiduciary service and accountancy business
Salary and Benefits
A competitive salary will be offered commensurate with qualifications and experience.
Part-time hours would be considered.