Our client, an independent fiduciary services company, is looking for a highly experienced Head of Compliance to lead the Compliance and Risk team. This full-time position is key to ensuring the company adheres to all regulatory requirements, focusing on anti-money laundering (AML), counter-terrorist financing (CTF), and counter-proliferation financing (CPF) obligations. You will play a pivotal role in advising the Board, managing the compliance framework, and fostering a strong culture of compliance within the organisation. Click here to read more.
Job Duties:
- Supervise the Compliance and Risk team, including supporting, directing, and supervising the MLRO and MLCO.
- Act as Deputy MLRO, ensuring the timely evaluation and reporting of suspicious activity and maintaining accurate records.
- Monitor external AML/CTF/CPF environments, identify potential risks, and train staff accordingly.
- Advise the Board on compliance policies, procedures, systems, and controls to mitigate risks.
- Ensure compliance with fiduciary business regulations in Guernsey.
- Develop and implement risk-based compliance monitoring programmes to assess adherence to AML/CTF/CPF legislation.
- Oversee the preparation and submission of reports to regulatory authorities, including the GFSC portal.
- Chair the Risk Committee, providing updates and escalations to the Board.
- Attend Board and New Business Committee meetings, delivering compliance updates and recommendations.
- Supervise statutory and regulatory registers and present them at relevant Board meetings.
- Ensure compliance with AML legislation and conduct ongoing reviews of business practices.
- Maintain effective controls to counter money laundering and financing of terrorism.
- Provide regulatory training to staff, maintain training records, and ensure compliance with AML/CTF/CPF obligations.
- Handle internal and external compliance audits, regulatory visits, and produce Board reports on compliance matters.
- Manage the Compliance & Risk team, conducting performance appraisals, managing workloads, and addressing any issues with conduct or performance.
- Ensure timely notifications to the GFSC of changes in senior personnel and other regulatory requirements.
- Provide sign-off on publications, advertising, and materials made available to clients or the public.
- Maintain accurate filing and compliance records to meet legal and regulatory requirements.
Job Requirements:
- Senior compliance and management experience in a Trust and Company Service Provider (TCSP) role, ideally 5+ years.
- Relevant compliance qualification, such as ICA Diploma level accreditation.
- In-depth knowledge of Guernsey’s AML/CTF/CPF framework and regulatory codes.
- High level of ethics and integrity, demonstrating autonomy and independence in decision-making.
- Excellent organisational, communication, and interpersonal skills.
- Strong attention to detail and the ability to manage time effectively under pressure.
- Problem-solving abilities to identify deficiencies and propose appropriate solutions.
- Proven experience in conducting compliance monitoring and regulatory reporting.
- Ability to mentor, train, and lead a team in a compliance-driven environment.
What You’ll Love:
You will have the opportunity to work in a dynamic, independent fiduciary services company where your role will directly shape the compliance strategy. Working closely with the Board, you’ll influence key business decisions while ensuring regulatory excellence. This is an ideal position for someone who thrives in a leadership role and enjoys working in a fast-paced environment, helping drive the business’s success through robust compliance management.
Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here
