Alexander Daniels Offshore is working with a business based in Guernsey to recruit a Head of Compliance & Operations.

Responsibilities:

• Maintaining and reviewing the Group’s compliance policies and procedures to ensure they remain adequate and effective and drafting/implementing new policies and procedures as and when required in order to ensure the delivery of high-quality administration services in a compliant manner;
• Ensuring staff adherence to internal procedures, statutory and regulatory requirements and best practice;
• Managing the compliance team;
• Monitoring of risk per the Board risk appetite statement & reporting to the Board;
• Overseeing the compliance aspects in relation to the risk assessment and take on of new clients including obtaining and collating all necessary CDD and establishing ongoing monitoring requirements for each entity;
• Ongoing compliance & operations monitoring (monthly & quarterly checks), interrogating the Group’s risk management systems and oversight of controls for ongoing client/entity monitoring;
• Ensuring the Group’s regulatory reporting is dealt with in an accurate and timely manner including, without limitation, ensuring the collation and accuracy of all data required for the Group’s fiduciary and POI annual return and professional indemnity insurance renewal and such other ad-hoc information requests as may be made from time to time as well as maintaining a good working relationship with the GFSC;
• Taking responsibility for the maintenance and accuracy of the Group’s logs and registers and developing the same as the need arises showing particular regard to those required pursuant to applicable regulatory and legal obligations;
• Maintaining and reviewing the Company’s Business Risk Assessment, identifying areas of particular risk (especially financial crime) and devising risk mitigation strategies;
• Coordinating the Group’s response to regulatory enquiries and industry consultations;
• Ensuring appropriate in-house AML training seminars are delivered and procuring the delivery of appropriate in-house training seminars for legislation updates, product updates and system changes;
• Reviewing and developing the Group’s corporate governance framework, coordinating and chairing meetings of the Group’s Corporate Governance Committee and Business Risk Committee and reporting to the Board on these Committees on a quarterly basis;
• Help develop and enhance Albany’s compliance culture (& general positive environment); and
• As part of the executive management team provide input on more general aspects of the business as may be required.