Compliance Monitoring Specialist

**Compliance Monitoring Specialist**:
We have an exciting opportunity for a Compliance professional to join a growing team. This is a great role for someone who can bring their previous experience and passion to help us to succeed.

An integral role working within the Isle of Man Compliance team to assist with ensuring compliance within the regulatory environment including anti-money laundering and combating the financing of terrorism, through the Compliance monitoring and assurance work, and by performing a range of Compliance related tasks within agreed timeframes, to support the bank and Compliance function and ensure client service excellence is delivered to internal and external stakeholders and clients.

**Who are we?**

Nedbank Private Wealth is a multi-award-winning private bank and wealth manager headquartered in the Isle of Man, with branches in London, Jersey and a representative office in the UAE. The company provides a full international wealth management offering through its wealth planning, investment management, and banking services to both business and private clients worldwide.

At Nedbank Private Wealth, we value the 6Cs, which are the behaviours we encourage in all of our employees: Collaboration, Curiosity, Courage, Client Impact, Can Do Attitude and Completeness.

**Role specific details**
- Work with the Senior Compliance Monitoring & Assurance Specialist and Heads of Compliance to identify, scope and review agreed test areas across the business in IOM, Jersey and UK.
- Conduct Compliance Monitoring reviews of the NPWL business in accordance with the Compliance Monitoring Programme in a timely manner.
- Prepare scope documents for testing in line with the Compliance Monitoring Methodology.
- Ensure that each test is properly documented and ensure accurate storage of evidence/supporting documentation.
- Prepare draft reports following testing and agree action points, owners and timelines with the relevant business areas and stakeholders.
- Communicate with Relationship Managers, and any other relevant internal parties as part of the Compliance Monitoring Assurance work.
- Legislation and Regulation - Keep abreast of and review relevant changes in Isle of Man compliance regulation and laws.
- Compliance Policies & Procedures - Contribute to ensuring that Isle of Man compliance procedures are written, approved and maintained.
- Undertake other Compliance administration tasks and provide cover within the wider team as required.

**Technical Skills and Experience**
- Experience in Compliance monitoring and assurance work.
- Experience in Compliance requirements, including but not limited to, AML CDD / EDD for high-net-worth individuals and more complex financial structures such as trusts, corporate and foundations across multiple jurisdictions worldwide including emerging markets.
- An understanding of regulatory framework in IOM, JSY and UK.
- Good knowledge and understanding of IOM FSA, JFSC, FCA and PRA requirements.
- Knowledge of Operations, banking and investment administration activities, both technical and operational.
- Experience of working in a monitoring environment, developing and delivering robust risk framework.

**Behavioural competencies and soft skills**
- Good commercial awareness.
- Pro-active, considered and systematic approach in order to deliver accurate reviews of key business processes.
- Good level of analytical, problem solving and process improvement skills.
- Excellent interpersonal skills with the ability to develop strong relationships within the business
- Confident decision maker with the ability to influence and negotiate effectively
- Ability to work well as part of an established Compliance function
- Independent with the ability to work with minimum supervision and meet deadlines with a high degree of accuracy
- Displays a genuine passion for compliance and a commitment to both personal development and the development of the business
- Adaptable and flexible in order to cope with the ever-changing demands of the regulatory environment
- Excellent organisational skills
- Strong communication skills (both written and oral) with all levels of staff

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**Qualifications**
- A professional qualification such as MICA or similar is desirable

**Life at Nedbank**

We recognise that our people are our most valuable asset; they are at the centre of the company. We recruit individuals who share our dedication, drive and commitment to client service. It is why we are accredited by the Best Companies to Work For as an outstanding company. Supporting our employees is at the heart of what we do, whether it’s through our extensive benefits package or our many social activities and charity fundraisers. Some of our recent events include paddleboarding, cocktail night and our annual rounders evening, to name a few.

We also promote our climate positive workforce through Ecologi, where we fund projects helping fight against climate change, plant trees and reduce our ca