Head of Compliance in Douglas

Exciting Opportunity - Head of Compliance

Our client is looking for an experienced Head of Compliance who can...

Compliance and Regulatory Oversight:

• Act as the Group Head of Compliance and MLRO in accordance with regulatory requirements.
• Maintain and oversee the compliance framework across the Group, ensuring ongoing compliance with all applicable regulatory requirements.
• Develop, implement and maintain policies, procedures and controls to support regulatory compliance and corporate governance obligations.
• Lead the design, implementation and delivery of the annual Compliance Monitoring Programme.
• Oversee the identification, assessment, monitoring and reporting of regulatory and compliance risks.
• Ensure the effective operation of systems and controls designed to prevent financial crime, including anti-money laundering, countering the financing of terrorism and sanctions compliance.
• Provide expert advice and guidance to the Board and senior management on regulatory developments and compliance matters.
• Act as the primary liaison with regulatory authorities and manage regulatory relationships, inspections, enquiries and reporting.
• Prepare and present compliance, risk and financial crime reports to the Board and relevant governance committees.
• Maintain oversight of Data Protection compliance requirements and support the business in fulfilling its obligations under applicable data protection legislation.

Risk Management and Governance:

• Lead the ongoing development and maintenance of the Group Risk Management Framework.
• Promote a robust risk and compliance culture throughout the business.
• Monitor emerging regulatory developments and assess their impact on the Group.
• Oversee the maintenance of risk registers and compliance action plans.
• Support the continuous enhancement of governance arrangements and internal controls.
• Ensure appropriate management information is produced to support informed decision making.

Leadership and Management:

• Lead and develop the Compliance function.
• Provide effective management, support and development for the Compliance Officer.
• Promote professional development and knowledge sharing across the business.
• Deliver compliance training and awareness initiatives for employees and management.
• Act as a trusted adviser to senior stakeholders on compliance, conduct and regulatory matters.

Key Skills and Experience:

• Relevant compliance, governance, risk management, legal or financial services qualification, or equivalent professional experience.
• Minimum five years' experience in a senior compliance leadership role within a regulated financial services environment.
• Proven experience acting as MLRO, DMLRO, Compliance Officer or equivalent controlled function.
• Strong understanding of Isle of Man regulatory requirements, including AML/CFT obligations and corporate governance expectations.
• Experience dealing directly with regulatory authorities and managing regulatory relationships.
• Proven experience developing and operating compliance monitoring and risk management frameworks.
• Strong leadership and people management skills.
• Excellent written and verbal communication skills, including Board-level reporting.
• Ability to influence stakeholders and challenge constructively where appropriate.
• Strong analytical, organisational and decision-making skills.
• Commercial awareness and ability to balance regulatory requirements with business objectives.
• Ability to work independently, exercise sound judgement and manage competing priorities.
• CA Diploma, Advanced Certificate or equivalent recognised compliance qualification.
• Previous experience as an approved Head of Compliance or MLRO.
• Experience within fiduciary, trust and corporate service provider environments.
• Data Protection Officer experience or detailed knowledge of data protection legislation.
• Experience supporting multiple jurisdictions or international business operations.
• Knowledge of FATCA, CRS and sanctions compliance frameworks.
• Experience implementing regulatory change programmes and compliance technology solutions.

Our client seeks a Head of Compliance, Regulatory Reporting & Risk to join their team. Purpose [...].

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