Our client is seeking a dedicated Compliance Manager to support the risk and regulatory framework of their combined law firm and trust services business in Guernsey, Channel Islands. This full-time role will ensure compliance with fiduciary rules, the Handbook on Countering Financial Crime (AML/CFT/CPF), and regulatory obligations applicable to legal practices in Guernsey. The Compliance Manager will collaborate closely with Partners, fee earners, and the Compliance Officer to promote a strong compliance culture and safeguard the business from regulatory, financial crime, and reputational risks. Additionally, the role involves supporting the development and maintenance of internal controls and governance frameworks that are critical for operational integrity. The successful candidate will play a key part in enhancing compliance measures and ensuring the highest standards of governance within the organisation.
Job Duties:
- Ensure the business complies with GFSC fiduciary licence requirements and applicable Codes of Practice.
- Monitor changes to legislation and regulations affecting both legal and fiduciary sectors.
- Maintain and update compliance policies, procedures, and internal controls across all service lines.
- Assist with regulatory notifications, reporting, licence obligations, and periodic returns.
- Review and approve client onboarding, including KYC/CDD for legal and trust clients.
- Conduct ongoing monitoring, including screening, periodic reviews, and risk assessments.
- Identify and escalate suspicious activity, assisting the MLRO with SARs where required.
- Provide AML/CFT/CPF guidance and training to fee earners and support staff.
- Perform compliance monitoring reviews and maintain the Compliance Monitoring Programme (CMP).
- Track findings, recommend remedial actions, and support implementation of corrective measures.
- Assist with internal audits, GFSC examinations, and external review processes.
- Maintain risk registers and provide risk reporting to senior management and Partners.
- Conduct conflict checks, matter risk assessments, and review engagement documentation for legal matters.
- Ensure all files meet regulatory and internal standards, including confidentiality, client care, and professional conduct obligations.
- Oversee CDD and risk assessments across legal and trust services.
- Review client transactions, distributions, and corporate activities for compliance with regulatory requirements and internal policies.
- Liaise with clients and third parties regarding compliance and regulatory enquiries.
- Prepare board packs and supporting documentation for meetings, ensuring accuracy and compliance.
- Prepare compliance reports for Partners, the Board, and senior management.
- Support governance meetings, risk committees, and thematic reviews.
- Contribute to the enhancement of overall governance and risk control frameworks.
Job Requirements:
- Proven track record in regulatory compliance within fiduciary businesses or financial services, with previous experience within a law firm desirable but not essential.
- Detailed knowledge of the Guernsey regulatory landscape, including legislation, codes, and GFSC guidance, as well as industry best practices.
- Ability to interpret and apply regulations to complex client and corporate structures.
- Strong report writing, analytical, and organisational skills.
- Computer literate with experience managing and extracting data from compliance systems, with good knowledge of Microsoft 365.
- Excellent organisational skills and attention to detail.
- Strong interpersonal and communication skills, with the ability to liaise effectively with all levels of staff, clients, and regulators.
- Ability to build and develop strong working relationships.
- Self-motivated, disciplined, and proactive.
- Committed to continuous improvement and development of compliance processes.
- Established background at a senior level in financial services regulation or compliance, with relevant professional qualifications desirable (e.g., ICA, CISI, or equivalent AML/Compliance qualifications, or willingness to study).
What You’ll Love:
Joining our client as a Compliance Manager offers a unique opportunity to work within a dynamic law firm and trust services business committed to professional excellence. The role is integral to promoting a strong compliance culture and provides a platform for professional development and continuous improvement. You will collaborate with a talented team dedicated to safeguarding the business and its clients, ensuring regulatory obligations are met with the highest standards of integrity. This position not only enhances your compliance expertise but also allows you to contribute significantly to a robust governance framework, making it a rewarding career choice.
Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here
