Job DescriptionPurpose of the JobThe local Head of Risk & Compliance will cover all areas of statutory and regulatory compliance and risk management. Responsible for the development of local policies and procedures to improve services and to ensure they are followed, monitored and reviewed with the objective of providing services of the highest standard and quality at all time and any other such activities as may be reasonably required by the role. To work alongside Group Risk & Compliance to ensure Group Minimum Risk and Compliance Standards are achieved.Main ResponsibilitiesDesignated Compliance OfficerMoney Laundering Regulatory Officer / Nominated OfficerAdvisor to the board of directors, executive committee of directors, risk committee, managers and employees on issues of regulation, risk management, corporate governance, areas of best practice and internal policies and proceduresTo be responsible for the day to day management of the team and effective management of workloadsHave an excellent understanding of the exposures to regulatory and enterprise risk within a financial services organisationProvide guidance and on-going training of the Risk & Compliance Team, cross training and development and ensuring cover where necessaryEnsure file reviews and audit checks are completed within service level agreementsBusiness acceptance – prepare summary of proposed business transactions to present to the relevant sub-committees of the boardKYC/Customer Due Diligence (CDD) analysis and adviceIdentify, draft and update local policies and procedures as required based upon Group Minimum StandardsEnsure systems are in place for risk and compliance monitoringOversee the maintenance of a variety of standard risk and compliance registersResponsible for the relationship with any local regulatory bodyEnsure the risk and compliance monitoring programs are fit for purpose and that monitoring activity is conducted on schedule in accordance with the compliance monitoring plan for OcorianDesign and deliver training on various aspects of regulations, internal policies and procedures, corporate governance, compliance and risk management, basic anti-money laundering provisionsAttend management meetings and prepare reports on various compliance and regulatory mattersAttend seminars and conferences to ensure knowledge of applicable regulations is up to datePromote a positive risk and compliance culture at all levels throughout the businessPrincipal contact for the local regulatory bodyQualificationsKnowledge, Skills & Experience5-10 years’ experience in a similar role. Educated to Diploma levelExcellent organisational, communication and interpersonal skills along with a commitment to working as part of a global teamAbility to delegate and develop others’ base skill setSuccessfully provides strategic support to practice areasStrong technical skills in relation to risk and compliance legislation are essentialAbility to produce management information and to deliver projects within given deadlinesEqual Opportunities for EveryoneWe’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.
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