Compliance Monitoring Officer

Trident Trust; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Trident Trust is seeking a Compliance Monitoring Officer to support second line reviews across multiple offices including Isle of Man, Guernsey, Jersey and London. You will report into the Group Compliance Monitoring Manager within Group Audit, Risk & Compliance and deliver an ongoing schedule of reviews with timely testing and follow-up.

The role requires delivery of monitoring results to senior stakeholders across jurisdictions and ensuring adherence to approved policies and regulatory

Qualifications

• Minimum of 5 years’ experience in a compliance-related role (preferably Compliance Monitoring) within financial services or trust services.

Responsibilities

• Conduct Compliance Monitoring reviews in line with the approved plan and standards.
• Plan and research regulatory requirements and local office policies.
• Document work papers and testing results for quality review.
• Escalate issues to Senior Manager promptly.
• Produce executive summaries with issues and mitigations.
• Carry out follow-up actions to ensure remediation and compliance.

Skills

Compliance Monitoring

AML/CTF knowledge

Regulatory research

Communication & reporting

Stakeholder relationship

Job description

Trident Trust is a leading independent provider of corporate, trust and fund services to the financial services sector worldwide, employing over 1100 staff across a global footprint that spans Africa, the Americas, Asia, the Caribbean, Europe and the Middle East.

We are seeking to expand our Group Compliance Monitoring Team through the recruitment of a Compliance Monitoring Officer to support the delivery of second line monitoring reviews across multiple offices including IOM, Guernsey, Jersey and London offices. Reporting into the Group Compliance Monitoring Manager that forms part of the Group Audit, Risk & Compliance structure. Key to the role is delivery of an ongoing schedule of Compliance Monitoring reviews and reporting results to senior business stakeholders in IOM, Guernsey, Jersey, and London. The successful candidate will be required to complete the timely delivery of reviews and associated testing / follow-up of agreed actions in line with an agreed Compliance Monitoring Plan. Reporting on compliance and adherence to regulatory requirements across the jurisdictions and associated compliance with approved policies and procedures.

We are looking to fill this role in either the Isle of Man, London or Guernsey.

Responsibilities

• Conduct Compliance Monitoring reviews in line with the approved Compliance Monitoring Plan or as requested by the Group Head of Audit, Risk & Compliance and in line with agreed standards / methodology
• Planning and researching areas subject to Compliance Monitoring review including regulatory requirements and local office policies and procedures
• Review and complete work papers and agreed testing by documenting the results of Compliance Monitoring testing completed and provide to the Group Compliance Monitoring Manager for quality review
• Escalate to Senior Manager / business management on a timely basis any issues identified in testing completed
• Produce Executive Summary reports of Compliance Monitoring reviews completed that are factual, accurate and appraise issues identified and the mitigating actions to be taken by management to remediate
• Conduct follow-up activities to ensure agreed actions have been fully implemented to minimise business risks and ensure regulatory compliance

Experience & Skills

• A minimum of 5 years’ experience within a compliance related role (preferably Compliance Monitoring) within financial service industry / experience of trust services.
• Exposure to and understanding of AML/CTF requirements across IOM, Guernsey, Jersey, UK jurisdictions (essential).
• Key research skills to understand and interpret regulatory requirements
• Excellent communication, reporting writing and analysis skills
• Ability to build effective relationships and influencing skills

In addition to the above essential duties and responsibilities, this role includes other duties as assigned. The full job description available upon request.

At Trident Trust, our culture is built on creating an environment where people are empowered to take ownership, support one another, and deliver exceptional service.