At a Glance
- Tasks: Lead financial crime compliance efforts and shape a strong compliance culture.
- Company: Join a dynamic, rapidly expanding international business.
- Benefits: Flexible benefits package, outstanding training, and career development opportunities.
- Other info: Opportunity for ownership of critical functions and visible expertise.
- Why this job: Make a real impact in financial crime prevention and influence key decisions.
- Qualifications: Experience as MLRO/DMLRO with strong interpersonal and organisational skills.
The predicted salary is between 60000 - 80000 £ per year.
MLRO & Financial Crime Compliance Manager
Our client is seeking an experienced and highly knowledgeable MLRO & Financial Crime Compliance Manager to join their growing team in a pivotal leadership role.
This is an exceptional opportunity for a senior compliance professional who is passionate about financial crime prevention and wants to play a key role in shaping a strong, forward thinking compliance culture.
Working closely with the Head of Compliance, you will lead critical AML/CFT activities, influence business wide decision making, and help ensure the organisation remains ahead of evolving regulatory expectations.
Joining a dynamic and rapidly expanding group of companies, you will benefit from a comprehensive flexible benefits package and outstanding training and career development opportunities designed to support your long term progression.
Key Responsibilities
- Act as designated MLRO in line with the Financial Crime Regulations.
- Review and investigate internal SARs and obtain legal advice as necessary.
- Act as the liaison point with the Finance Intelligence Unit as required, and lead on responding to law enforcement production orders.
- Advise the Head of Compliance of any financial crime compliance related matters that need to be notified to the IOM Financial Services Authority ("IOMFSA") in accordance with regulatory requirements.
- Ensure accurate and prompt checking of relevant databases following receipt of appropriate notices from regulatory authorities, law enforcement agencies or other appropriate bodies.
- Maintain Internal, External, Enquiries, and PEP Registers.
- Responsible for the ongoing review of high risk AML/CFT matters.
- Provide advice to the business administration teams in the ongoing and effective management of client relationships.
- Participate in local committees as required, e. g. the Client Acceptance Committee.
- Review payments or other activities requiring Compliance/MLRO sign off.
- Lead or participate in the delivery of AML/CFT training to new and existing employees.
- Report directly to the Board as required and escalat e any relevant issues.
- Appropriately manage and review the performance of DMLRO.
Key Skills and Experience
- Previous Key Person, or MLRO/DMLRO experience.
- Degree and/or relevant professional qualification (such as an ICA Certificate or Diploma), with relevant experience at a senior compliance level in the trust and company sector.
- Strong interpersonal skills and the ability to work with people at all levels.
- Excellent organisational skills with the ability to work under pressure and to guide and direct others to meet deadlines and targets.
- Excellent knowledge of relevant Isle of Man regulations and legislation, including anti money laundering and counter terrorist financing.
This role offers far more than day to day compliance oversight.
It is an opportunity to take ownership of a critical function, work alongside an experienced leadership team, and contribute directly to the continued growth and success of a respected international business.
If you are looking for a role where your expertise will be valued, visible, and influential, this could be the ideal next step in your compliance career.
Quote job ref: 16678
MLRO & Financial Crime Compliance Manager in Douglas employer: Search-Select LTD
Search-Select LTD is an excellent employer, offering a dynamic work environment on the Isle of Man where compliance and risk management are at the forefront of business operations. With a strong focus on employee growth and development, we provide opportunities for professional advancement while fostering a collaborative culture that values integrity and innovation. Join us to make a meaningful impact in a thriving industry and enjoy the unique advantages of working in a picturesque location.
StudySmarter Expert Advice🤫
We think this is how you could land MLRO & Financial Crime Compliance Manager in Douglas
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Search-Select LTD looking for candidates who are engaged and informed.
We think you need these skills to ace MLRO & Financial Crime Compliance Manager in Douglas
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Search-Select LTD. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Search-Select LTD
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Search-Select LTD’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
