Head of Compliance

Searchandselect; Douglas; On-site; GBP 120,000 - 190,000; Full time

Job summary

Searchandselect seeks a Head of Compliance to lead regulatory oversight and risk for the group. The role includes acting as MLRO, shaping the compliance framework, and guiding governance discussions with the Board.

The ideal candidate will have substantial senior experience in regulated financial services, strong Isle of Man AML/CFT knowledge, and a track record of engaging with regulators and driving regulatory change.

Qualifications

• Senior leadership experience in regulated financial services.
• Proven MLRO/DMLRO or equivalent role within fiduciary or trust services.
• Strong knowledge of Isle of Man AML/CFT rules and corporate governance.
• Experience engaging with regulatory authorities and inspections.

Responsibilities

• Act as Group Head of Compliance and MLRO per regulatory requirements.
• Maintain and oversee the compliance framework across the Group.
• Develop policies, procedures and controls for regulatory compliance.
• Lead annual Compliance Monitoring Programme.
• Oversee risk identification, assessment, monitoring and reporting.
• Ensure anti-money laundering, sanctions, and data protection compliance.
• Provide guidance to Board and senior management on regulatory matters.
• Liaise with regulators and manage regulatory relationships.
• Prepare compliance, risk and financial crime reports for governance bodies.
• Oversee Data Protection compliance and obligations under data protection laws.

Skills

Group Head of Compliance

MLRO

Regulatory requirements

Data Protection

Governance

Regulatory reporting

Leadership

Board-level reporting

Regulatory change management

Fiduciary services knowledge

Education

CA Diploma / Advanced Certificate in compliance

Compliance qualification

Regulatory certification

Tools

Regulatory frameworks

Job description

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 [...].