Money Laundering Reporting Officer, Permanent, Isle of Man

Executive Appointments

Job Description

Money Laundering Reporting Officer required to join a global Wealth Management Group on a permanent basis on the Isle of Man.

The Role...
To support and guide the Isle of Man business on the implementation of the Group Financial Crime Compliance Policies, you will also:
Guide business in identifying and analysing all Money Laundering, Sanctions, Terror Financing, Bribery and Corruption and Facilitation of Tax Evasion risks within the bank and its processes and the development of remedial actions.
Facilitate Anti-Money Laundering (AML) & Counter Financing of Terrorism (CFT), Sanctions, Anti-Bribery and Corruption (ABC) and Prevention of Facilitation of Tax Evasion (PFTE) risk assessments with a view of understanding the key threats and devising controls to mitigate the same.
Steer business initiatives through identification of Financial Crime Compliance deficiencies and guiding business in determining appropriate remedial action plans across Client Segments and Client Solutions within the Isle of Man.
Provide input and support to the Head of Compliance within Isle of Man and Head of AML to ensure high quality reporting and assurance to the relevant Boards, Executive Management, Audit Committees, the Regulator and other relevant forums.

About You...
Extensive experience as a senior MLRO within the banking or financial industry, you will also need experience in:
FCC frameworks
Risk assessments and risk-based approach to compliance
Strategic planning and operationalisation
Banking Products, Processes, Systems and Data
Have a proven track record in influencing seasoned leaders and employees within a specific country and business areas to effectively implement compliance frameworks.

The Reward...
Competitive salary
Comprehensive benefits package



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