This role is no longer available but if you wish to send us your CV for other similar roles please do so on apply@recruitgibraltar.com

RecruitGibraltar are currently helping our client who is a market leading financial services company who has a great opportunity for a Head of Risk and Compliance. The company is a progressive and ambitious company who has a policy of promoting from within and has a dedication to professional training and progression.

What will you do as a Head of Risk and Compliance?

This role is a senior position involving significant overlap with many departments and functions, including but not limited to:
o liaison with:

 the Managing Director on all aspects of risk and regulatory risk management relating to programs
 the Finance Director on all aspects of financial risk management
o working closely with the Legal Affairs Manager on regulatory and compliance issues including with relevant country regulators
o daily involvement with the Operations Director on all operational risk management aspects of the business
o working closely with Program Partners and the Customer Service team to minimise commercial risk and ensure all programs are compliant with regulatory requirements applicable worldwide

• Money Laundering Reporting Officer with direct reporting responsibilities to the Board

o AML duties include:
 annual report on AML to the Board
 preparing and signing off the annual - Compliance report
 dealing with the Financial Services Commission and other regulators on a regular basis
 involvement with the GBA, EMA and other industry bodies on risk and regulatory compliance issues
• Approved person with the Financial Services Commission, being responsible with the Board for AML compliance;
• Supervising and managing all compliance requirements including travel abroad to corporate customers and subsidiaries as required;
• Analyzing, improving and structuring all internal compliance procedures, reports and documentation;
• Training of staff & Board on all relevant risk and compliance matters;
• Detailed understanding of financial services law, e-money capital authorisation and conduct of business rules across the EU including:

o AML
o Banking Consolidation Directive
o Payment Services Directive
o any other relevant regulatory requirements
• Reporting to the Board as required.
• Reporting to the Managing Director.
• Other duties and responsibilities as directed by the Managing Director from time to time.

What do you know that makes you a great Head of Risk and Compliance?

Previous experience in a similar role
Up to date on all compliance related regulations in Gibraltar
Excellent knowledge of regulatory reporting and risk management
Relevant degree and/or professional designation (Compliance) preferred
Good leadership skills and ability to work as part of a tight-knit team, confident and robust but also able to be discreet and diplomatic.

Salary to attract the best with bonus.