Compliance Manager (VA641)

Location:
  • Bermuda
  • Jersey
  • Southampton
Department: Compliance
Experience: At least 5 years relevant experience in a similar role with a background in Financial Services Business or legal practice preferred. Hold a relevant professional designation (e.g. CAMS, ICA, etc.)

We are seeking a Compliance Manager to join either our Bermuda, Jersey or Southampton office. The principal purpose of this role is to support the Head of Risk & Compliance in ensuring that the organisation remains compliant with its anti-money laundering and counter terrorist financing obligations during client take-on and to support other Risk & Compliance – Jersey & Bermuda  activities to deliver regulatory compliance.


The role will entail business as usual activities in addition to participating in projects relating to anti-money laundering and counter terrorist financing ("AML/CFT") and sanctions in relation to client take-on and/or periodic reviews that are required to be completed for AML/CFT purposes.


Principle duties for this role will include:

  • Provide the Bermuda partners and fee earners with on the ground matter onboarding support and advise, acting as a subject matter expert for on boarding and regulatory compliance
    Build close working relationships with key stakeholders at all levels of the organisation
  • Keep abreast of all applicable legislative and regulatory developments working with the Head of Risk & Compliance – Jersey & Bermuda to ensure resultant changes to policy and procedure are implemented in a timely fashion
  • Work with and support the Bermuda onboarding team based in Southampton
  • Act as a subject matter expert on AML/CFT/PF queries in relation to client take-on
  • Provide support to the CSP Compliance Manager and wider team
  • Identify potential areas of compliance weakness, document recommendations and when approved create action plans for resolution and provide guidance through the process to mitigate risk
  • Manage operational issues including recording of issues identified and tracking
    actions to resolve through to completion
  • Support the output of Compliance Monitoring findings ensuring that errors are satisfactorily resolved in a timely manner and that any resultant training requirements are completed
  • Form part of the escalation process for high risk and/or complex matters that require senior management input and making decisions whether matters need to be referred to the Head of Risk & Compliance  – Jersey & Bermuda for approval
  • Provide input to project activities in relation to client on boarding, processes, systems and controls, as necessary
  • Support regulatory submissions ensuing timely preparation and completion
  • Support external audit process
The ideal candidate will:
  • Have at least 5 years relevant experience in a similar role with a background in Financial Services Business or legal practice preferred
  • Excellent working knowledge of AML/CFT principles of legislation and the sanctions regimes globally
  • Have experience with the application of risk based CDD measures and client take-on
    procedures
  • Have knowledge and experience of working with Microsoft applications, particularly excel, AML/CFT and sanction screening systems.  Knowledge of Intapp and/or ViewPoint is an asset
  • Have knowledge of law firm and corporate services matters desirable but not essential
  • Have strong people and team management experience necessary
  • Have a proven track record in stakeholder management and the ability to manage cross jurisdiction communications
  • Be degree qualified
  • Hold a relevant professional designation (e.g. CAMS, ICA, etc.)

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