Head of Compliance and Risk - Leeds, United Kingdom - Search and Select

Search and Select
Search and Select
Verified Company
Leeds, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description
Our client seeks a Head of Compliance and Risk to join their team


Key Responsibilities:


  • Responsible for the Compliance and Risk functions of the Group, across all jurisdictions.
  • Act as MLRO.
  • Detailed working knowledge of relevant law, regulations and guidelines impacting the Group in all the jurisdictions that it operates, providing support to the Group Boards.
  • Develop and enhance internal risk and compliance processes and procedures.
  • Establish and maintain strong working relationships, trust and credibility both internally and externally.
  • Internal training on compliance issues including AML training across the Group.
  • Handle complaints ensuring timely and accurate responses.
  • Conduct risk assessments, file reviews and evaluate proposed new business.
  • Review, maintain, enhance and test documented policies & procedures and ensure staff accessibility and awareness at all times.
  • Automatic exchange of information working with existing staff on FATCA and CRS classification & reporting programme.
  • Data Protection working with the Data Protection Officer and assisting with adoption & ongoing integration of GDPR regulation.
  • Assist the Board of Directors in relation to group compliance strategy, policies and procedures.
  • Implement and oversee relevant compliance technology solutions.
  • Assisting in the maintenance of the Compliance Calendar and ensuring reporting and submissions are timely, effective and accurate.
  • Review and support signoff of product literature / communications.
  • Provide support in the analysis and communication of consultation papers, thematic reviews and other developments.
  • Regulatory horizon scanning for key developments. Consider requirements and lead response.

Key Skills & Experience:


  • A minimum of 3 years AML, risk and compliance related experience in a senior role, preferably in a Financial or TCSP environment.
  • Hold or be working towards a professional compliance / AML / legal qualification (e.g. ICA, CISI or equivalent).
  • Effective communicator at all levels (verbal and written).
  • Have proven organisational skills, an investigative mindset, and the ability to successfully balance multiple priorities and deliver to tight deadlines.
  • Actively contribute to the daytoday activities of the Compliance Team, in line with the overarching objectives of the Board and associated Risk, Compliance and Technical Sub-Committees.
  • To assist and maintain an effective and fit for purpose compliance framework, which guides and defines organisational behaviours, provides a clear context for business decisionmaking and positively influences the performance of functional and operational activities.
  • Proactively maintain adequate, effective, and auditable policies, procedures, reporting mechanisms and training materials.
  • To assist and deliver a compliance programme which helps to ensure positive outcomes by analysing processes, behaviours and procedures and proposing and implementing effective change.
  • Ability to understand and interpret legal and contractual documentation.
  • Proven track record of thoughtleadership, people management and development.

Essential Requisites:


  • Knowledge of local or similar (UK, Channel Islands) regulations and requirements (ideally IOM).
  • Proven experience in a senior risk, regulatory and compliance role.
  • Holds or working towards a recognised professional qualification related to the position.
  • Effective communicator at all levels including technical committees, board and regulators.
  • Organised and able to balance multiple priorities in a busy and challenging environment.
  • Strong decision making and investigative skills.
  • Comfortable in challenging, questioning and rationalising decisions / processes.
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Why the Isle of Man?_

  • Boasting huge lifestyle benefits such as short commutes, breathtaking scenery, excellent schooling, plenty of outdoor activities, sports and clubs, the Isle of Man makes a compelling proposition for you and your family. The first country to be recognised in its entirety as a UNESCO Biosphere region this island truly covers all the bases._
  • The Isle of Man operates a simple taxation regime with a lower rate of tax on individuals of 10%, a higher rate of 20% and generous personal allowances. They also offer a relocation National Insurance rebate scheme._

Pay:
£65,000.00-£70,000.00 per year


Benefits:


  • Company pension
  • Free parking
  • Life insurance
  • Private medical insurance

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Yearly bonus

Application question(s):

  • Are you willing to relocate to the Isle of Man? Essential for the role.
  • Can you demonstrate a knowledge of local or similar (UK, Channel Islands) regulations and requirements (ideally IOM)?
  • Do you hold or are working towards a professional compliance / AML / legal qualification (e.g. ICA, CISI or equivalent)? Please state which.

Education:


  • Bachelor's (preferred)

Experience:


  • Senior AM
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