Leads group compliance and MLRO responsibilities, maintaining the compliance framework, monitoring programme and regulatory relationships.
Contract role - 6 Months. Our client is looking for an experienced Head of Compliance.
Compliance and Regulatory Oversight.
- Act as the Group Head of Compliance and MLRO in accordance with regulatory requirements.
- Maintain and oversee the compliance framework across the Group, ensuring ongoing compliance with all applicable regulatory requirements.
- Develop, implement and maintain policies, procedures and controls to support regulatory compliance and corporate governance obligations.
- Lead the design, implementation and delivery of the annual Compliance Monitoring Programme.
- Oversee the identification, assessment, monitoring and reporting of regulatory and compliance risks.
- Ensure the effective operation of systems and controls designed to prevent financial crime, including anti-money laundering, countering the financing of terrorism and sanctions compliance.
- Provide expert advice and guidance to the Board and senior management on regulatory developments and compliance matters.
- Act as the primary liaison with regulatory authorities and manage regulatory relationships, inspections, enquiries and reporting.
- Prepare and present compliance, risk and financial crime reports to the Board and relevant governance committees.
Key Skills and Experience
- Relevant compliance, governance, risk management, legal or financial services qualification, or equivalent professional experience.
- Minimum five years' experience in a senior compliance leadership role within a regulated financial services environment.
- Proven experience acting as MLRO, DMLRO, Compliance Officer or equivalent controlled function.
- Strong understanding of Isle of Man regulatory requirements, including AML/CFT obligations and corporate governance expectations.
- Experience dealing directly with regulatory authorities and managing regulatory relationships.
- Proven experience developing and operating compliance monitoring and risk management frameworks.
- Strong leadership and people management skills.
- Excellent written and verbal communication skills, including Board-level reporting.
- Ability to influence stakeholders and challenge constructively where appropriate.
For a full list of responsibilities and requirements or to apply for this great role, please visit the website at searchandselect.com, quoting the reference number: 16943
