Senior Compliance Co-ordinator & DMLRO

Itchyfeet Recruitment Agency; Nebraska; On-site; GBP 55,000 - 90,000; Full time

Job summary

Itchyfeet in Douglas seeks a full-time Senior Compliance Co-ordinator and Deputy Money Laundering Reporting Officer (DMLRO) to lead the Compliance department. You will oversee regulatory reporting and support management on compliance issues, reporting to Partners and the Compliance Director.

Key duties include ensuring day-to-day operations align with procedures, conducting internal investigations, developing training materials, and producing regulatory returns.

Qualifications

• Three years of office experience is essential.
• Strong understanding of compliance functions and their implications.
• Ability to produce accurate and timely work in a fast-paced environment.
• Demonstrated project management capabilities.
• Excellent presentation skills and proficiency in Microsoft Excel, Word, and PowerPoint.

Responsibilities

• Ensure day-to-day operations align with established procedures.
• Maintain adherence to AML guidelines across the firm.
• Perform internal compliance investigations and audits with detailed reports.
• Ensure financial records conform to set instructions and deadlines.
• Develop and deliver compliance training sessions.
• Provide ongoing guidance to management on compliance issues.
• Produce regulatory returns and notifications as required.
• Engage in specialist projects to support business needs.
• Operate within the ISO 9001 QMS framework.
• As DMLRO, review internal disclosures and determine disclosures to authorities.
• Maintain records related to disclosures and advise to avoid tipping off customers.
• Liaise with regulators and participate in inquiries.
• Provide the Board with reports and information as required.
• Stay informed on offshore industry developments and legislation impacts.
• Familiarise yourself with services offered by the firm and its global network.

Skills

Compliance knowledge

Project management

Presentation skills

Excel

Word

PowerPoint

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

Our client is seeking a full-time Senior Compliance Co-ordinator and Deputy Money Laundering Reporting Officer (DMLRO) to join their Compliance department. Located in Douglas, this role is pivotal in overseeing the firm’s compliance with regulatory and statutory reporting requirements. You will report directly to the Partners and the Compliance Director, ensuring that all operations adhere to agreed compliance procedures and regulations. The successful candidate will conduct internal compliance investigations, develop training materials, and provide ongoing guidance to management on compliance issues.

JOB DUTIES:

• Ensure day-to-day operations align with the established operational and compliance procedures.
• Maintain adherence to current Anti-Money Laundering Guidelines across the firm.
• Perform internal compliance investigations and audits, compiling detailed reports for the Partners.
• Ensure all financial transactions are recorded in accordance with set instructions and time limits.
• Develop and conduct compliance training sessions, maintaining the effectiveness of compliance procedures.
• Offer ongoing advice and resources to management regarding compliance processes and improvements.
• Produce necessary returns and notifications to regulatory bodies as required.
• Engage in specialist projects as directed by the Partners to support business needs.
• Operate daily within the ISO 9001 Quality Management System, maintaining a sound understanding of its requirements.
• As DMLRO, review all internal disclosures, determining the substance and necessary disclosures to the Compliance Director or external authorities.
• Maintain records related to disclosures and provide guidance to avoid tipping off customers during disclosures.
• Liaise with relevant regulatory authorities and participate in inquiries related to compliance issues.
• Provide the Board and senior management with reports and information as required.
• Stay informed about developments within the offshore industry and understand the impact of proposed legislation.
• Familiarise yourself with the services offered by the local firm and its global network.

JOB REQUIREMENTS:

• At least three years of experience in an office environment is essential.
• Strong understanding of compliance functions and their implications is required.
• Ability to produce accurate and timely work in a fast-paced environment.
• Demonstrated project management capabilities.
• Excellent presentation skills and proficiency in Microsoft Excel, Word, and PowerPoint are necessary.

WHAT YOU'LL LOVE:

This role offers a competitive salary reflective of experience and the opportunity to work in a supportive and professional environment. You will play an integral part in ensuring compliance practices that uphold the highest standards, contributing to the firm's success and reputation in the industry.