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Senior Manager (MLRO/MLCO) - Risk & Compliance

Requisition ID:  432

Each one of us brings something different to Vistra, working as one team to deliver the right solution.That’s why our clients choose to work with us – the power of our combined skills makes us unstoppable.Vistra offers a unique platform for our clients and our people to seize the world of opportunities. At the heart of everything we do are our core values: Committing to clients, Working as ONE Vistra, Empowering people and Doing the Right thing.
 

 

 

As Compliance Officer, the post holder will ensure that Guernsey business and operations comply with regulatory requirements and internal policies and standards and is the primary point of contact with the Guernsey Financial Services Commission (“GFSC”) in respect of all regulatory matters.

 

The role reports to the Regional Compliance Director UKICI and to the local Chief Operating Officer.

 

Appointed as the MLRO & MLCO, the post holder will have responsibility for the AML/CFT obligations and oversee the Compliance Monitoring Programme (“CMP”) for Vistra Services (Guernsey) Limited, to ensure all regulatory requirements are fulfilled.

 

Key Responsibilities (Included but not limited to)

  • Perform required regulatory functions of MLRO & MLCO and for the POI licences administered by the local office in accordance with the requirements of the GFSC.
  • Liaising with the GFSC and other relevant bodies as required.
  • Supporting and advising the business in fulfilling its AML/CFT obligations, as required at both local level and by the Vistra Group.
  • Maintaining accessible local compliance policies that are sufficient to meet local regulatory requirements and Group policies.
  • Interpreting and disseminating information to management and staff about regulatory changes, and adapting procedures, documents, and compliance tools to accommodate these rule changes.
  • Manage escalation of material regulatory and compliance issues and queries affecting the business.
  • Maintaining compliance registers as required by the GFSC and Group Compliance.
  • Maintenance of content for compliance processes.
  • Overseeing the periodic compliance monitoring in accordance with the Group CMP and making recommendations for improvements in the manner in which compliance is achieved.
  • Submitting any necessary ad-hoc reports and required regular periodic reports to the GFSC, Regional Compliance Director, Group Compliance and local management.
  • Deliver or procure periodic training on compliance matters, policies, and ensuring First Line staff awareness of their obligations with laws, regulations and codes are clear and understood. 
  • Analysing risk data and monitoring output; interpret and summarise this into periodic reports for the Regional Compliance Director to feed into board reports for the local management boards.
  • Liaison with Regional Compliance Director in relation to material matters arising from CMP, internal/external audits, regulatory inspections.
  • Promote and encourage a culture of compliance and ethics throughout business communicating these values to colleagues.
  • Member (non-voting) of the Vistra Business Committee (“VBC”) and (voting) of the Vistra Risk Committee (“VRC”).

 

Attributes/Technical Skills

  • Extensive knowledge and experience of working with regulatory bodies.
  • Firm understanding of the key deliverables required by the local regulator.
  • Confident and motivational with excellent communication skills and ability to work under pressure, handling multiple tasks with changing priorities.
  • Strong analytical skills.
  • Good inter-personal skills and ability to work collaboratively in team environment and build positive professional relationships.
  • Robust organisational, multitasking, time management and follow up skills.
  • Demonstrate high levels of integrity.
  • Systems aptitude required.

 

Relevant Experience

  • Track record of experience of best practice risk and governance frameworks, methodologies and emerging practice in Guernsey.
  • At least 5 years’ Audit, Risk, Legal and/or Compliance (or other relevant) experience.
  • A thorough knowledge of the local regulatory legislation and requirements.

 

Education/Memberships

  • Educated to degree level; or
  • Holding a relevant compliance or other professionally recognised qualification in relevant disciplines; or
  • Undertaking studies to achieve a compliance or other professionally recognised qualification, whilst having significant relevant experience in a regulated financial business in the areas of Risk, Audit and/or Compliance.

 

Vistra Services Guernsey Limited is regulated by the Guernsey Financial Services Commission

 

 

Bring Your Whole Self to Work

We’re passionate about Diversity and Inclusion at Vistra.We believe that everyone is equal and unique, and by embracing diversity it makes us better company.This creates an environment where anyone, from any background, can do their best work; Vistra is for the ambitious, the entrepreneurial, the bold.

Location: 

GG

Job Function:  Operations


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