Data Protection Officer - MLRO
- Recruiter
- BCT Resourcing
- Location
- Isle of Man, Isle of Man
- Salary
- £40,000 - £50,000 per annum
- Posted
- 28 Oct 2016
- Closes
- 25 Nov 2016
- Ref
- 1331988
- Contract Type
- Permanent
- Hours
- Full Time
Position: MLRO and Data Protection Officer
Location: Isle of Man
Salary: £40000 - £50000 per annum
Job Type: Full Time
The company client is a well respected Isle of Man based fund administration organisation, who have experienced global success over the past ten years. They are currently looking to recruit a driven and tenacious Money Laundering Reporting Officer to perform within a FSA regulated entity focusing on fund services such as Transfer Agency, Fund Accounting, Domiciliation and Corporate Services. This is an exciting opportunity for career progression.
Overview:
* The role encompasses compliance advisory, monitoring and fulfilment of the Financial Services Authority requirements.
* In addition you will act as the Data Protection Officer ensuring compliance of the status and processes with the relevant Data Protection regulations and notifications.
* Overseeing the compliance function in Isle of Man
* Providing compliance leadership and guidance to management and relevant staff.
* Proactively identify situations that may pose significant compliance risk and guides management in the development/reviewing of applicable policies, procedures and business practices.
Major duties for this position will include:
* Providing advice and training on anti-money laundering, sanctions and privacy matters and performs the role of MLRO, including carrying out AML risk assessments.
* Working actively with the EU Regional Head of Compliance and Data Protection ensuring delivery and completion of the annual Compliance plan and supporting key areas of compliance risk in the relevant offices and is executed on a timely basis.
* Supervise and handle day to day AML tasks: reporting, liaising with law enforcement agencies and other external authorities.
* Account opening approval oversight, KYC periodic updates to KYC forms, on-going sanctions monitoring where necessary.
* To supervise and monitor business risks in accordance with regulatory requirements and internal procedures.
* Suspicious transaction monitoring and reporting to the relevant local authorities.
* Preparing reports for the regulator(s) and maintaining an open and positive working relationship with them.
* Ensure all employees are aware of and understand their compliance responsibilities including board members. Providing and organising compliance training for staff.
* Implementation of regulatory implications of new product launces and service extensions
* Any other task assigned to the appropriate candidate in line with the employment and or arising from initiative out of the Compliance Head Office.
Key competencies and background required:
* Previous compliance experience and relevant compliance qualifications.
* Excellent knowledge and experience of AML / Client due diligence / On boarding of clients.
* Excellent knowledge of compliance monitoring procedures and reporting.
* Be able to provide detailed and analytical analyses of risks posed to the business.
* Strong presentation skills (verbal and written)
* Strong PC skills including Word, Excel and Access
If you feel you have the relevant experience and credentials for this role, then please send your CV by hitting APPLY NOW!
Location: Isle of Man
Salary: £40000 - £50000 per annum
Job Type: Full Time
The company client is a well respected Isle of Man based fund administration organisation, who have experienced global success over the past ten years. They are currently looking to recruit a driven and tenacious Money Laundering Reporting Officer to perform within a FSA regulated entity focusing on fund services such as Transfer Agency, Fund Accounting, Domiciliation and Corporate Services. This is an exciting opportunity for career progression.
Overview:
* The role encompasses compliance advisory, monitoring and fulfilment of the Financial Services Authority requirements.
* In addition you will act as the Data Protection Officer ensuring compliance of the status and processes with the relevant Data Protection regulations and notifications.
* Overseeing the compliance function in Isle of Man
* Providing compliance leadership and guidance to management and relevant staff.
* Proactively identify situations that may pose significant compliance risk and guides management in the development/reviewing of applicable policies, procedures and business practices.
Major duties for this position will include:
* Providing advice and training on anti-money laundering, sanctions and privacy matters and performs the role of MLRO, including carrying out AML risk assessments.
* Working actively with the EU Regional Head of Compliance and Data Protection ensuring delivery and completion of the annual Compliance plan and supporting key areas of compliance risk in the relevant offices and is executed on a timely basis.
* Supervise and handle day to day AML tasks: reporting, liaising with law enforcement agencies and other external authorities.
* Account opening approval oversight, KYC periodic updates to KYC forms, on-going sanctions monitoring where necessary.
* To supervise and monitor business risks in accordance with regulatory requirements and internal procedures.
* Suspicious transaction monitoring and reporting to the relevant local authorities.
* Preparing reports for the regulator(s) and maintaining an open and positive working relationship with them.
* Ensure all employees are aware of and understand their compliance responsibilities including board members. Providing and organising compliance training for staff.
* Implementation of regulatory implications of new product launces and service extensions
* Any other task assigned to the appropriate candidate in line with the employment and or arising from initiative out of the Compliance Head Office.
Key competencies and background required:
* Previous compliance experience and relevant compliance qualifications.
* Excellent knowledge and experience of AML / Client due diligence / On boarding of clients.
* Excellent knowledge of compliance monitoring procedures and reporting.
* Be able to provide detailed and analytical analyses of risks posed to the business.
* Strong presentation skills (verbal and written)
* Strong PC skills including Word, Excel and Access
If you feel you have the relevant experience and credentials for this role, then please send your CV by hitting APPLY NOW!