Senior Compliance Officer

  • Post Date: July 8, 2019
  • Isle of Man
Job Description

Role Description:
To assist both the management and staff within the Compliance function ensuring that the day to day administration is delivered efficiently and effectively within the agreed service levels and any such other activities as may be reasonably required by the role.

– Ensure both the clients brands comply with all relevant laws, regulations, guidelines and codes of Isle of Man legislation;
– Business acceptance – prepare compliance summary of proposed business take on to present to the New Business Committee;
– KYC/Customer Due Diligence (CDD) analysis and advice;
– Drafting and updating procedures;
– Ensure systems are in place for compliance monitoring;
– Oversee the maintenance of a variety of standard compliance registers;
– Liaise with the regulator when necessary;
– Provision of timely and accurate reports to senior management on relevant matters;
– Ensure file reviews and audit checks are completed within service level agreements;
– Promoting a positive compliance culture at all levels throughout the business, contribute to a programme of training and educational activities;
– Ensure knowledge of compliance is up-to-date with recent developments and changes to legislation so as to provide a first class advisory service to the client;
– Attend relevant seminars and conferences in order to adhere to CPD requirements; and
– Any other compliance related duties that may be required from time to time

Skills & Experience Required:
– A minimum of 2 years’ experience within a compliance function;
– Holds, or is prepared to work toward, a relevant compliance qualification, i.e. ICA Diploma;
– In-depth knowledge of funds and a good broad knowledge of the regulatory environment with an understanding of trust/company business, functionaries and their regulatory and statutory requirements;
– Clear and accurate communication skills, both orally and written;
– A competent user of Microsoft packages;
– Constructive negotiating skills;
– An enquiring and analytical mind with good investigative skills;
– Strong personal skills. Pragmatic, approachable and independent; able to apply tenacity where necessary; and
– Ability to work under pressure, prioritise workload and plan ahead to achieve deadlines