Job Type : Executive, Permanent
Location : Isle of Man
Acting as MLRO for the company and in that capacity to receive reports of any information or other matter, which comes to the attention of a person handling relevant business which gives rise to an actual knowledge or suspicion of money laundering;
reporting of relevant information to determine if such information or other matter gives rise to such knowledge or suspicion;
making disclosures to the FSA if after consideration there is knowledge or suspicion of money laundering; maintaining a register of money laundering referrals;
maintaining a register of reports to the FSA.
Key responsibilities will also include :
Assisting with the management of the Compliance Department in conjunction with the Compliance Officer, working together to instil and foster a robust compliance culture
Keep appraised of relevant law, regulations and guidelines impacting the business both locally and extra territorially
Risk assessments and monitor compliance in key risk areas
Review, maintain, enhance and test documented policies & procedures and ensure staff accessibility and awareness at all times
Automatic exchange of information - being responsible for FATCA and CRS classification & reporting programme
Data Protection act as Data Protection Officer & oversee adoption & integration of new GDPR regulation
Work with and assist the Group Compliance Director in relation to group compliance strategy, policies and procedures.
Reporting to the directors on a regular basis.