Job Information

 Formed in the 1980’s to provide independent wealth management advice and a bespoke service for both individual and corporate clients around the world due to continued success in delivering bespoke Wealth Management solutions to their expanding client base, require an Experienced SMF16/17 Compliance Manager MLRO for their office in Surrey.

The role can be employed or self employed and WFH or Hybrid.

The Senior Compliance Manager and MLRO is responsible for the company's anti-money laundering (AML) and counter-terrorism financing (CTF) programs and reporting suspicious activities to the authorities.

Compliance Manager

Overall responsibility: Ensures the company adheres to all relevant external and internal rules, such as health and safety, environmental, legal, and ethical standards.

Scope: A broad mandate covering all aspects of regulatory compliance.

Duties: Can include developing internal policies, managing audits, and overseeing overall compliance programs.

Money Laundering Reporting Officer (MLRO)

Specific responsibility: Focuses specifically on anti-money laundering (AML) and counter-terrorism financing (CTF) compliance.

Scope: A narrower, more specialized focus within the broader compliance function.

Duties:

Monitors and reports suspicious activities.

Develops and maintains the company's AML/KYC (Know Your Customer) policies and procedures.

Acts as the point of contact for regulatory authorities regarding AML issues.

Provides training to employees on AML/KYC.

Liaises with senior management to ensure compliance programs are implemented and resourced effectively.

Responsible for Group Due Diligence, Know Your Client and Anti Money Laundering processes across numerous regulatory jurisdictions.

Requirement to carryout continuous gap analysis to ensure all regulatory requirements being met.

Assess and validate business risks and support the review of policies and the monitoring and testing of controls designed to address these risks.

Lead in client complaint handling.

Drafting of Service Level Agreements, Appointed Representative Agreements and all other legal documentation.

Required to implement and oversee where appropriate staff training.

Review and oversight of all outsourcing arrangements.

Compliance with Data Protection Regulations.

Provide regulatory guidance and input in support of all strategic projects and growth initiatives.

Maintain good strong working relationships and act as a point of contact for all regional managers and key stakeholders across the business.

The above list is not extensive and other roles and responsibilities may be added as required.

Qualifications and Education Requirements

Diploma in Compliance or equivalent qualification

Comprehensive knowledge and understanding of relevant legislation, policies and codes governing the Financial Service Sector

Deep understanding of Risk and Compliance environment with an established track record of designing and implementing appropriate procedures

Strong leadership background with proven people management skills

Effective communication and interpersonal skills at all levels

Apply on-line or contact Cameron James