AML Manager – Compliance

  • Post Date: March 2, 2022
  • Isle of Man
Job Description

Role Description:
The AML Manager will work closely with the Compliance and Integrity Manager in managing and supporting the Compliance/AML Team helping to ensure the teams are providing the necessary support to the Audit, Tax and Advisory functions with the aim of maximising efficiency, developing new processes and maintaining consistently high standards of quality.

Role Responsibilities:
– Develop and maintain relationships to promote understanding and compliance with regulatory legislation
– Produce, monitor and update policies and procedures to comply with Global and local legislation
– Help ensure the Business Risk Assessments are up to date
– Monitor and maintain the Compliance Monitoring Programme
– Support the Compliance and Integrity Associate Manager
– Assist the Compliance and Integrity Manager and MLRO with regulatory requests and returns predominantly for the Isle of Man
– Produce board reports
– Assist in delivering refresher AML training for employees
– Support the MLRO in the Isle of Man and liaise with regulators as and when required
– Understand the processes required to maintain compliance with Risk Management
– Assist the Compliance and Integrity Lead and other team members in the day-to-day running of the department
– Performance manage some team members
– Liaise with engagement teams / department senior managers where complex onboarding queries are evident or issues have arisen with the Client Onboarding Team to help ensure efficient, quality service is continually provided

Skills & Experience Required:
– Extensive knowledge of AML/compliance requirements in the Isle of Man finance sector
– Knowledge of Jersey and/or Guernsey AML/compliance requirements is preferable but not essential
– Experience in an administrative environment with the ability to handle a number of tasks at once
– Ability to effectively communicate with a wide range of internal stakeholders
– Maintain high levels of drive and enthusiasm through a positive attitude to assist team members in identifying solutions and developing efficiencies
– Ability to use initiative, prioritise workloads and be flexible to changing business and department needs
– Be comfortable working under pressure and to meet deadlines without compromising on quality
– Degree preferable but not essential
– The ICA International Diploma in Anti Money Laundering or the ICA International Diploma in Governance, Risk and Compliance is desirable
– 3 – 5 years relevant work experience
– Prior experience in a managerial role
– Strong Microsoft Office Suite skills