Our client is seeking a proactive Senior Compliance Officer to act as the Policy Gatekeeper for its regulated Trust and Corporate Service Provider and funds business. This full-time role involves overseeing compliance across categories 3, 4, and 5 regulatory requirements, ensuring policies, processes, and procedures align with the Isle of Man’s regulatory environment. You will manage regulatory scanning, maintain compliance documentation, and contribute to committee meetings, potentially acting as committee secretary based on experience. The role also involves deputising for the Group Head of Governance Risk & Compliance (Chief Compliance Officer) as required. Click here to read more
Job Duties:
- Acting as the main point of contact for AML/CFT guidelines, regulatory standards, and compliance obligations.
- Conducting regulatory horizon scanning to identify and address changes in Isle of Man compliance requirements.
- Ensuring regulatory requirements are fully integrated into the compliance framework.
- Maintaining and updating a central log of compliance policies, managing version control and annual reviews.
- Leading annual policy reviews with the Board to meet regulatory and operational standards.
- Defining RACI roles for stakeholders involved in compliance updates.
- Overseeing compliance forms, guides, and templates to ensure alignment with regulatory standards.
- Providing expert input to the Risk Committee, including reports on regulatory changes and risk assessments.
- Assisting with committee report preparation, attendance, and potentially serving as committee secretary.
- Identifying and supporting delivery of regulatory training across the organisation.
- Conducting regular reviews of compliance documentation and refining processes.
- Monitoring the effectiveness of implemented compliance changes.
Job Requirements:
- Bachelor’s degree in Law, Finance, Business, or a related field (or equivalent experience).
- Professional compliance certification (e.g., ICA, ACAMS, CISI) preferred.
- Minimum of 5 years in a compliance role within a TCSP, funds, or regulated financial services environment.
- Strong understanding of Isle of Man AML/CFT regulations and the broader regulatory environment.
- Proficiency in compliance software and document management systems.
- Excellent analytical, organisational, and reporting skills.
- A proactive and detail-oriented approach with the ability to deputise for senior roles.
What You’ll Love:
You’ll benefit from a competitive salary reflective of Isle of Man quality business standards, a non-contributory pension, and a personal healthcare scheme. Enjoy professional training support and additional benefits following a successful probation period. You’ll also have access to on-site parking, an active social committee, and a generous holiday allowance of 25 days (excluding Isle of Man bank holidays).
