Compliance Manager, CO & MLCO

Company Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms. 

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.                                                                                           

Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 

Job Description

We are looking for an experienced Compliance Manager to join our Fund Services (Guernsey) team, to act as the Compliance Officer and MLCO. Your primary responsibility will be to protect the business against fraud and money laundering risk, exposure to terrorist financing and proliferation, and related reputational risk.

• Work closely with the Client Compliance Manager, who acts as MLCO and MLRO to client licensees, to:
• Organise and execute the IQ-EQ Compliance Monitoring Programme;
• Carry out sanctions monitoring / auditing / investigation
• Preparation of quarterly/periodic Board reports
• Identifying and investigating matters that require reporting to Group governance bodies such as the Group Reputational Risk Committee
• Monitoring thematic matters emanating from the GFSC and FIS, and making recommendations to the Board on steps required to address their content
• Ensuring that where required that regulatory developments from the GFSC, FIS and Group are considered and incorporated within the business’s PPCs
• Co-ordinating announcements to and training of the business in respect of existing and updated PPCs, in conjunction with colleagues in other departments where appropriate
• Lead project teams to manage new regulatory changes or new business activities, as may be required from time to time
• Assist the board in the maintenance and continuous improvement of the firm’s AML/CTF/CPF Business Risk Assessment and operational risk assessment
• Management of the business to comply with its obligations under the applicable laws, rules, regulations etc
• Act as line manager to members of the funds compliance team.
• Organise and execute the IQ-EQ Compliance Monitoring Programme;
• Carry out sanctions monitoring / auditing / investigation

Qualifications

• ICA Diploma or equivalent and membership of relevant Financial Institute is desirable
• Previous Compliance experience at Manager level (private wealth or funds sector highly desirable)
• Previous experience of holding prescribed positions
• Evidence of Continued Professional Development
• Experience of using screening tools such as Worldcheck
• Experience of interrogating and generating reporting from administration systems.

Additional Information

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.  

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.  

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.