Head of Compliance - Guernsey

Strategic Risk Solutions; St Peter Port; On-site; GBP 65,000 - 95,000; Full time

Job summary

Strategic Risk Solutions in Guernsey seeks a seasoned Compliance Officer to lead the delivery of regulatory compliance services for the firm and its clients. You will maintain the risk management framework and ensure the control environment meets the highest standards.

Key duties include acting as MLCO/MLRO for specified entities, coordinating GFSC communications, and reporting to the Board on regulatory matters while staying ahead of changes in laws and industry guidelines.

Qualifications

• Strong understanding of GFSC requirements and how to apply them in practice.
• Ability to design, monitor and improve compliance programs and audits.
• Proactive, detail-oriented with excellent verbal and written communication skills.
• Experience coordinating committees and cross-functional compliance initiatives.
• Integrity and discretion in handling confidential information.

Responsibilities

• Act as Compliance Officer, MLCO, and MLRO for SRS in Guernsey.
• Member of the Risk & Compliance Committee.
• Design and monitor the annual Compliance Monitoring Program and report quarterly.
• Oversee periodic checks and audits and report to the Board on GFSC compliance.
• Coordinate GFSC communications and requirements with regulators.
• Stay informed on regulatory changes and provide guidance to the firm and Board.
• Coordinate Risk & Compliance Committee meetings and ongoing learning.

Skills

GFSC regulations

Regulatory frameworks

Compliance monitoring

Audit coordination

Policy review

Leadership

Communication

Confidentiality

Job description

Background:

Strategic Risk Solutions (SRS) is an independent, privately owned global insurance management and consulting firm specialising in captives, alternative risk financing, insurance and reinsurance program management, and related advisory services.

Job Summary:

This role is responsible for leading the delivery of compliance services to SRS and its clients, ensuring the risk management framework and control environment is maintained to the highest standard.

Key Accountabilities:

• Act as Compliance Officer, MLCO, and MLRO for SRS in Guernsey.
• Member of the Risk & Compliance Committee.
• Acting as the MLCO and MLRO for a small number of life insurance client companies which are business to business entities.
• Design and monitoring the implementation of the annual Compliance Monitoring Programand report quarterly on the progress.
• Monitor the effectiveness of compliance systems and oversee the conduct of periodic checks and audits.
• Report to the Board on compliance with GFSC regulatory requirements.
• Review new policies and procedures.
• Acts as the primary contact for the GFSC coordinating communications and requirements.
• Maintaining an open and cooperative relationship with regulatory authorities on GFSC risk assessments and compliance monitoring actions, scopes and reports.
• Stay informed about changes in laws and regulations that impact compliance obligations and provide advice to the firm and to the Board on compliance/regulatory matters.
• Coordinate the Risk & Compliance Committee meetings.
• Engage in ongoing learning about industry standards, guidelines, best practices, and methodologies.
• Co-ordinate action plans related to GFSC risk assessment, compliance execution, and risk and compliance reporting.

Skills, Experience and Attributes:

• Strong understanding of regulatory frameworks, particularly GFSC requirements, with the ability to interpret and apply them effectively.
• Excellent organisational and analytical skills, with the ability to design and monitor compliance programsand conduct audits.
• Effective communicator with strong verbal and written skills.
• Proactive and detail-oriented, with the ability to identify compliance risks and implement appropriate controls and action plans.
• Skilled in policy review and development, ensuring internal procedures remain aligned with evolving regulatory standards.
• Strong leadership and coordination skills, with experience managing committees and cross-functional compliance initiatives.
• Ability to stay current with changes in laws, regulations, and industry best practices, and translate these into practical guidance.
• High level of integrity and discretion, with a commitment to maintaining confidentiality.