Job Description

Senior Risk & Compliance Officer

The Firm

Established in 1899, our client is the leading independent Isle of Man law firm at the

forefront of the Isle of Man’s development as one of the world’s most respected

international financial centres.

They are a full service law firm consistently ranked in the top tier of international

legal directories such as The Legal 500 UK and Chambers and Partners. Their team

of talented lawyers work across various disciplines advising on Banking and

Finance, Corporate & Commercial, Employment and Data Protection, Litigation,

Property, Regulatory and Restructuring and Insolvency law.

Key responsibilities will include but are not limited to:

● Performing risk assessments and establishing the company’s tolerance for

risk;

● Reviewing their current compliance policies and procedures to identify areas

of improvement; drafting new and updating existing internal risk and

compliance policies so that they match industry standards;

● Conducting regular internal audits to ensure compliance procedures are

followed across the organisation;

● Organising workshops and training sessions to educate and updating

employees on the organisation’s compliance policies, regulations, and

processes;

● Preparing risk management reports for top-level management based on

internal reviews and advising the executives on risk mitigation measures

and implementation of adequate compliance programmes;

● Working with the Head of Risk & Compliance to instil and foster a robust

compliance culture.

Preferred skills will include:

● Degree or Diploma in Risk Management, Compliance, Governance or a

related field;

● At least 5 years of experience in Risk Management, Compliance, or similar

areas;

● 2 years in a managerial or supervisory role;

● In-depth understanding of local regulations relevant to our industry;

● Excellent problem-solving skills and attention to detail;

● Exceptional interpersonal and communication skills.