Money Laundering Reporting Officer

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Job Description

The Role

The client require an appropriately qualified and experienced Money Laundering Reporting Officer to oversee our AML/CFT Compliance Frameworks and drive the respective governance, risk management and internal control agendas, ensuring robust and embedded compliance is maintained across the Group on a continuing basis. You will be a dynamic and proactive individual, working with our AML

Technical and Advisory Manager to maintain and regularly update the Group’s Anti-Money Laundering

Policies, procedures and training deliveries. You will play a leading role in working with the business to continuously support their delivery of dynamic, value-adding and compliant business policy,

process, practice and culture, in accordance with relevant legislative and regulatory obligations. You will lead in the development and coaching of colleagues at all levels in respect of their individual and collective AML/CFT compliance obligations.

Required skills & experience:

• A professional with a minimum of 5 years’ experience in a compliance role within the Life

Assurance industry.

• Established knowledge and understanding of local legislative and regulatory regimes and international standards and policy benchmarks.

• The capacity to oversee the design and implementation of adequate and appropriate governance arrangements

• Robust and resilient able to successfully negotiate conflict and advocate collaborative working.

• Ability to research, analyse and interpret complex and detailed regulations and successfully apply and communicate the business impacts

• Accountable for own decisions and actions whilst respectful of the professional responsibilities of others.

Key Responsibilities

• Maintaining all relevant and applicable AML/CFT governance, risk management and internal control frameworks on a robust and continuing basis

• Supporting management and staff in the practical implementation of these frameworks and the design, delivery and implementation of any associated procedural and control arrangements

• Identify, assess and interpret changes to legislation, rules or industry guidance, ensuring that the

Company meets its statutory obligations and internal requirements in respect of AML/CFT ensuring timely and value-adding communication arrangements are in place and working as intended

Group and their service providers and employees remain cognisant of and compliant with their respective AML obligations and proactively maintain adequate, effective, and auditable policies, procedures, reporting mechanisms and training materials.

System Knowledge

• Competent in Microsoft applications, in particular Word, PowerPoint, Outlook and SharePoint.

• Competent in the delivery of regulatory and relevant authority reporting obligations

Salary: £40,000 Per Year

Job Summary

Isle of Man
Ref ID: 3630
£40,000 Per Year