We are currently seeking a Manager (AML/CFT Supervision) for our Douglas-based Client, a leader in fiduciary services, fund administration, and management and investment advice compliance.
Working with the Senior Managers (AML/CFT) and the Head of AML/CFT, you will manage taking appropriate steps to deal with anti-money laundering and countering the financing of terrorism policy and supervision matters. You will be conducting AML/CFT supervision of all regulated and registered entities and persons in accordance with the organisation's engagement model, which will include
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Conducting desk based supervision, supervisory/oversight inspections and preparing inspection reports
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Conducting oversight inspections under the Beneficial Ownership Act 2017
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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
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Assist in the Isle of Man's response to external AML/CFT evaluations by internationalauthorities such as MONEYVAL, where required
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Attend relevant AML/CFT meetings both in the Island and elsewhere as necessary
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Amend and update relevant AML/CFT legislation and the AML/CFT Handbook
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Provide outreach to industry in respect of AML/CFT matters including organising and presenting at AML/CFT conferences and webinars as appropriate
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Provide AML/CFT expertise to other teams as required
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Provide AML/CFT expertise to the Enforcement Division when undertaking investigations into Criminal, Civil or Regulatory matters
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Assist in the preparation and delivery of internal/external training programmes in respect of AML/CFT
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Liaise with other regulatory bodies, Government departments and law enforcement agencies and answer queries from regulated entities in respect of AML/CFT
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Oversee and manage the AML/CFT supervision of all regulated and registered entities in accordance with the organisation's engagement model
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Oversee and 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
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Oversee and manage the oversight of relevant entities under the Beneficial Ownership Act 2017
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Manage and coordinate the AML/CFT policy function including providing advice and training to staff of the Authority and other government bodies
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Assist the Policy team in relation to the AML/CFT framework of the island and represent the organisation at appropriate international events such as MONEYVAL,OECD
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Represent the organisation on cross-governmental working groups regarding AML/CFT such as the AML/CFT Effectiveness Group and the AML/CFT Advisory Group
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Plan and deliver risk based project work through AML/CFT teams managed, including allocation of work streams, and monitoring of projects and supervision activity
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Act as point of contact in respect of potential new projects
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Provide effective advice and guidance to the officers of the team in relation to their duties, and provide technical and strategic support
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Provide advice and assistance in the maintenance and development of legislation pertinent to the functions of the organisation
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Provide effective leadership and business management within the organisation, including managing staff effectively and ensuring efficient use of resources
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Provide training and advice to staff in relation to AML/CFT, and beneficial ownership processes and procedures
The Ideal candidate for the role of Manager (AML/CFT Supervision) will:
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Hold, or be willing to work towards, a professional qualification relevant to the financial services industry
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Extensive relevant industry experience in an operational, compliance, assurance, risk or audit role
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A well-developed working knowledge of financial services, including designated businesses and associated legislation and guidance including trends and developments
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A good knowledge of anti-money laundering and countering the financing of terrorism (including proliferation financing) and associated legislation, regulation and guidance including trends and developments
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Strong analytical skills, ability to quickly and accurately assimilate information, to consider any associated risks and to summarise the information effectively
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Ability to demonstrate strong people management skills
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Ability to assist in preparing and conducting meetings with senior stakeholders both internally and externally
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Ability to work under pressure, manage a workload of varied complexity, to manage competing priorities and to deliver against deadlines
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Good understanding in relation to risk and risk frameworks including evaluating risks