Manager, Regulatory Compliance

Job Description

The overall goal of the Risk & Compliance function is to protect the IQ EQ Group brand and to support the successful execution of the Group's business strategy through the delivery of an integrated compliance culture and programme across the Group. Risk & Compliance aims to support the IQ EQ and FNTC Boards of Directors and senior management to fulfil their statutory and regulatory obligations, by helping to ensure compliance with the laws, regulations, principles and codes established by our regulators.  The principal areas of focus are:

• Embed a framework of risk and compliance processes across the cluster to ensure that all entities are operating effectively;
• Perform relevant risk and control assessments across the Cluster entities;
• Support Head of Risk & Compliance to identify and mitigate risks across the Cluster;
• Lead second line oversight of client onboarding;
• Timely and ongoing identification, assessment and communication of applicable regulatory requirements;
• Development, where necessary, of local compliance policies and procedures;
• Development, documentation, and maintenance of a system of controls reasonably designed to achieve compliance with applicable regulatory requirements;
• Effective monitoring and oversight of day to day compliance activities throughout the Isle of Man Cluster;
• Timely and accurate reporting to the relevant Board(s) and to Group on the overall status of risk and compliance across Isle of Man Cluster.