Head of Compliance

• Compliance Management: oversee the firm's compliance framework, ensuring that the company's policies and procedures are aligned with regulatory requirements and industry best practices
• AML/CFT Oversight: As MLRO, be responsible for the firm's Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) compliance, including the monitoring, detection, and reporting of suspicious transactions to the appropriate authorities
• Regulatory Liaison: act as the primary point of contact with regulatory bodies, ensuring timely reporting, responding to inquiries, and managing regulatory inspections or audits
• Policy Development and Implementation: develop, implement, and regularly review the firm's compliance policies and procedures to ensure they are up-to-date with changes in local and international laws
• Client Due Diligence (CDD) and Know Your Customer (KYC): ensure that all client onboarding processes adhere to KYC and CDD requirements, maintaining accurate records and monitoring for any changes that could affect compliance
• Training and Awareness: lead regular training sessions on compliance, AML, and CFT for all employees, ensuring that staff are aware of their responsibilities and the risks associated with non-compliance
• Internal Audit and Monitoring: conduct regular internal audits of the firm's operations to identify compliance gaps, rectify them, and implement necessary changes to prevent future risks
• Reporting and Suspicious Activity Monitoring: monitor financial transactions for suspicious activities, prepare and submit Suspicious Activity Reports (SARs) to the relevant authorities, and maintain appropriate records of all such reports
• Risk Management: oversee the firm's risk management strategy, ensuring that appropriate measures are in place to manage and mitigate risks related to compliance and AML/CFT
• Collaboration with Senior Management: work closely with senior management to ensure that compliance and AML strategies are integrated into the firm's broader business objectives

• Proven experience as a Head of Compliance, MLRO, or in a senior compliance role, ideally within a TCSP or financial services/accountancy firm
• In-depth knowledge of AML, CFT, and KYC regulations and frameworks
• Strong understanding of regulatory bodies and compliance requirements in both local and international contexts
• Excellent leadership skills, with the ability to manage and train teams on compliance best practices
• Experience with risk management, internal auditing, and handling regulatory inspections
• Strong organisational and time-management skills, with the ability to prioritise and manage multiple projects
• Excellent communication skills, both written and verbal, for reporting and liaising with regulatory authorities, staff, and clients

Orchard Recruitment