Summary and Overview

• Compliance and Risk Assistant Manager
• Isle of Man
• Permanent
• Full time
• Competitive Salary & Benefits

Your primary objective is to deliver high-quality C&R support to the business.

Compliance and Risk (C&R) provide an essential service by advising and monitoring the business activities, to enable Equiom to comply with the relevant regulatory requirements relevant to its business licence(s).

C&R is required to collaborate with the business to identify and manage its risk exposure by ensuring that the systems and controls which exist are effective and relevant to protect Equiom from both internal and external risk factors, whilst encouraging a compliance culture and ethical standards.

You'll support us to promote a culture which fosters engaged and positive people by ensuring the team works in an effective and well-motivated manner, maintaining a good level of team spirit and employee morale.

Display excellent communication with Clients, Directors, Team Members, other colleagues and professionals at all times.

Ensure that you maintain confidentiality of information at all times.

Your New Role

This list of duties is not exhaustive and may change from time to time according to business needs:

• Support the Compliance Officer and Head of Compliance
• Assist with the supervision of team members and workloads
• Assist with drafting and implementing regulatory compliance policies and procedures
• Maintain policies and procedures schedule and coordinate periodic reviews by the Policies and Procedures Committee to ensure they remain up to date with current rules and regulation
• Completion of the compliance monitoring programme (CMP), in accordance with the CMP policies and procedures
• Assist in preparing reports for board meetingsKeep abreast of the
• Financial Services Authority’s (FSA) rules and regulations
• Review screening reports regarding Sanctions updates and Adverse Media reports received from the firm’s screening solution and the FSAs Public Statements
• Maintaining key registers including regulatory correspondence with the FSA and other regulatory authorities where necessary
• Advise and support employees in respect of compliance and AML/CFT matters
• Support regulatory/auditors and similar visits or inspections
• Maintain accurate records relating to the compliance function as appropriate
• Carry out additional compliance tasks as directed by line management

Personal attributes which would be seen in the ideal applicant include;

• Well-organised and pragmatic
• Methodical, analytical
• Attention to detail
• Ability to work as part of a team
• Approachable
• Excellent interpersonal and communication skills plus discretion
• Able to apply tenacity, where necessary
• Ability to work under pressure and adhering to tight deadlines
• Customer focused
• Commercial awareness
• Results driven, ambitious
• Resilient
• Self-motivated and keen to develop
• Adaptable to change
• Commitment to improving the quality of the data

What will you need to succeed in this role?

As to be expected, we are searching for someone who can bring a range of skills and experiences to enhance the team. As such, there are a few essential skills we are looking for:

• Good level of experience of working in Compliance & Risk
• Experience of working in a regulatory environment
• Corporate/Trust industry experience - preferred
• Good understanding of the Isle of Man Regulatory Framework, Rules and Regulations
• Proficient in client structures e.g. corporates, trusts, foundations and the associated due diligence requirements
• An good understanding of high-risk features such as PEPs, Sanctions and business activities
• Strong educational background
• Relevant compliance qualifications e.g. ICA (desirable)
• Experience in a similar role within a regulated
• Experience of Navision (NAV) and Microsoft Office (desirable)