We are currently seeking a Manager (Inspections) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance.
The primary responsibilities of the Manager will be, in conjunction with the Senior Managers AML/CFT and the Head of AML/CFT Supervision Division, to manage taking appropriate steps to deal with anti-money laundering and countering the financing of terrorism supervision matters.
Other duties will include:
* Conduct AML/CFT supervision of all regulated and registered entities and persons in accordance with the organisation's supervisory engagement model, which will include, but not be limited to, conducting desk based supervision, supervisory/oversight inspections and preparing inspection reports
* Lead a small inspection team where required
* Conduct oversight inspections under the Beneficial Ownership Act 2017
* Manage the request, receipt and analysis of AML/CFT data from of all regulated and registered entities in order to feed into risk based supervision planning
* Assist in the Island's response to external AML/CFT evaluations by international authorities such as MONEYVAL, where required
* Attend relevant AML/CFT meetings both in the Island and elsewhere as necessary
* Amend and update relevant AML/CFT legislation and the AML/CFT Handbook where required
* Provide outreach to industry in respect of AML/CFT matters including organising and presenting at AML/CFT conferences and webinars as appropriate
* Provide AML/CFT expertise to other Divisions as required
* Provide AML/CFT expertise to the Enforcement Division when undertaking investigations into Criminal, Civil or Regulatory matters
* Assist in the preparation and delivery of internal/external training programmes in respect of AML/CFT
* Liaise with other regulatory bodies, Government departments and law enforcement agencies as required and answer queries from regulated entities in respect of AML/CFT
* Develop and maintain effective relationships with other regulatory bodies and law enforcement agencies externally
* Provide effective leadership and business management, including managing staff effectively and ensuring efficient use of resources
The Ideal candidate for the role of Manager will have:
* Extensive relevant industry experience in an operational, compliance, assurance, risk or audit role
* Experience in the development of policy and working within multi-agency groups
* Hold, or be willing to work towards, a professional qualification relevant to the financial services industry
* Demonstrate knowledge of the MONEYVAL/FATF Standards and Evaluation process including experience of on-site evaluations
* A good working knowledge of financial services, including designated businesses and associated legislation and guidance including trends and developments
* A well-developed knowledge of anti-money laundering and countering the financing of terrorism (including proliferation financing) and associated legislation, regulation and guidance including trends and developments
* Strong analytical skills, ability to quickly and accurately assimilate information, to consider any associated risks and to summarise the information effectively
* Strong people management skills
* Assist in preparing and conducting meetings with senior stakeholders both internally and externally
* Demonstrate effective interpersonal, verbal and written communication skills
* Proven ability to build and maintain working relationships with both internal and external stakeholders at all levels including the ability to influence and negotiate