Compliance Executive

Our client is seeking a Compliance Executive to join their team on a full-time basis. This role is designed to undertake AML/CFT supervisory inspections to member practices registered under the Designated Business (Registration and Oversight) Act 2015, ensuring compliance with the rules and regulations of the Isle of Man. The successful candidate will provide support to the business and oversee internal operational compliance. Responsibilities will include designing, implementing, and maintaining a comprehensive compliance programme, as well as leading the drafting and delivery of the AML/CFT Supervisory Inspection Program. The Compliance Executive will also be responsible for managing relationships with various stakeholders, including the Financial Services Authority and the Financial Intelligence Unit. Additionally, this role involves promoting a strong culture of compliance through education and training for all member practices while co-ordinating various training initiatives. The Compliance Executive will serve as an advisor to the Council on emerging regulatory shifts affecting the legal profession.
Job Duties:

• Design, implement, and oversee a comprehensive compliance programme and internal controls.
• Maintain and improve the Society’s AML/CFT supervisory framework.
• Lead the drafting and delivery of the AML/CFT Supervisory Inspection Program, including supporting documentation and related reports.
• Ensure compliance with the Society’s statutory objectives while managing scheduling and delivery of inspections.
• Establish effective relationships and communication channels with MLROs of each practice.
• Provide oversight and quality review of evidence and written reports.
• Promote compliance through education and training for member practices.
• Co-ordinate training sessions, including annual Masterclasses and online training.
• Serve as an advisor on emerging regulatory issues affecting the legal profession.
• Prepare the Society’s annual AML/CFT supervisory report.

Job Requirements:

• Strong leadership, communication, and decision-making skills.
• Deep understanding of relevant laws, regulations, and industry standards.
• Proficiency in risk assessment, control implementation, and policy development.
• Ability to influence business practices and foster a positive, ethical environment.

What You’ll Love:

This role offers the chance to play a key part in maintaining and enhancing the jurisdiction’s reputation. You will work in a collaborative environment with opportunities to develop your skills in regulatory oversight, policy creation, and risk-based supervision. The organisation values professional growth and offers ample opportunities for training and career development.

Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here