Compliance Manager, Guernsey, MLRO & MLCO

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Guernsey Client is currently recruiting for a Compliance Manager, Guernsey, MLRO & MLCO who will work closely supporting the Head of Compliance in Guernsey to help deliver compliance support to the Guernsey business, ensuring the smooth running of the day-to-day compliance function.

Key Responsibilities:

Appointment as Money Laundering Reporting Officer and Money Laundering Compliance Officer for Funds and Trust businesses including licensees for which acts as designated administrator for
Responsibility for assisting with the development, implementation and oversight of appropriate and effective AML/CFT policies, procedures and controls to ensure consistent adherence to local regulatory requirements
Provide strong, strategic direction for the local office, acting as a point of technical reference in relation to all AML/CFT matters
Providing oversight and technical advice on significant business projects and lead projects which have an AML/CFT compliance/regulatory focus. Report all AML/CFT regulatory matters to relevant Boards and GFSC as required.
Prepare and deliver MLRO and MLCO reports, including presentation of formal detailed quarterly reports to the local boards of directors, an on an ad-hoc basis as required
Assist with the management of all key AML/CFT aspects of the relationship with the GFSC, ensuring appropriate regular contact and submission of all necessary regulatory reporting (via the GFSC Portal) within required deadlines
Assist with the management of all key aspects of any external and internal audits and delivering on any remedial actions within agreed deadlines
Ensure full implementation and management of Local and Group CMP is achieved via the delivery of effective testing, reporting and corrective action
Interpret and disseminate information about AML regulatory changes and adapt procedures, documents and compliance tools to accommodate respective changes
Make recommendations for any improvements and efficiencies within the compliance function and wider business in relation to AML processes
Establish effective auditable arrangements for AML training for all staff
Comply with all Group policies and procedures relevant to the role
Report suspicious transactions to the FIU
Oversee the implementation and on-going use of the V-Govern platform within the business.

Relevant Experience & Skills:

Thorough knowledge and understanding of local regulatory requirements
Methodical with strong analytic skills; ability to interpret and summarise complex information for onward communication to the Guernsey boards and externally as required
Previous experience dealing with regulators, senior executives and management.
Proven effective supervisory and management skills in being flexible, creative, team-oriented and process-driven
Confident and motivational with excellent communication skills
Ability to solve problems and act upon solutions to completion
Ability to work on own and manage busy workload
Good time management/prioritisation of tasks
Excellent attention to detail
Strong analytical skills.
Track record of experience of best practice in compliance, risk & governance frameworks, methodologies and emerging practices in Guernsey
Minimum 5 years relevant experience in Compliance, Risk, Legal or Audit
Self-motivated and highly organised with the ability to work under pressure handling multiple tasks with changing priorities
Confident and motivational with excellent communication skills
Advanced Microsoft Office skills

Professional Qualifications:

Professional compliance qualification, such as ICA certificate/diploma in AML/ Governance Risk and Compliance.