Compliance Manager

Job description

Company Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 5,800+ people across 25 jurisdictions and have assets under administration (AUA) exceeding US$750 billion. We work with 13 of the world’s top-15 private equity firms.

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts. Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding.

We’re driven by our Group purpose, to power people and possibilities.

Job Description

You’ll focus on promoting excellence in risk and compliance by supporting regional leads, liaising with regulators, and ensuring adherence to laws and internal policies. It involves leadership responsibilities, including driving strategic goals, fostering collaboration across jurisdictions, and managing a team to meet business objectives. The position also requires proactive development, continuous improvement of compliance practices, and maintaining awareness of regulatory changes to ensure effective risk management.

What you’ll do

• You’ll serve as a liaison with regulators and legal advisors as necessary, including contributing to regulatory audits, inspections, and industry consultations
• As a key member of the jurisdictions management team, you’ll add value to jurisdictional strategy and delivery through a sound understanding of what the other teams and functions bring
• You’ll lead a team and act as a role model on a day-to-day basis to ensure achievement of business goals through effective, positive leadership behaviors to engender an environment of teamwork and collaboration, across the functions and across all jurisdictions, demonstrating drive, passion, positivity towards change, teamwork, and a clear focus and commitment in driving and achieving the Group’s vision and strategic goals
• You’ll pro-actively manage own development, encompassing both technical and leadership requirements to a level appropriate to role that supports the IQ-EQ Values
• As the subject matter expert, you’ll identify and implement improvements to service delivery where agreed, and you’ll ensure successful implementation of changes which improve risk and compliance practices
• You will support the Board to deliver processes and procedures to ensure compliance with applicable laws, service standards, company policies and procedures and agreed operational and control processes
• You’ll use your own judgement to bring to the attention of (senior) management any issues which you feel appropriate, in particular ensuring that concerns and identified risks are reported in a timely and effective manner
• You’ll ensure that risk management processes are embedded in the culture, operations and systems used by all IQ-EQ staff members, driving and exemplifying adherence to agreed policies, procedures, and applicable regulation. Discharge the responsibilities as detailed for senior management in the Group Risk Management Policy
• You’ll maintain up-to-date information on developments in the regulatory environment that affect the business and ensure compliance at all times
• You’ll own all local compliance policies and procedures providing for annual updates and approvals as required and perform other duties assigned or other activities as may be reasonably required by the role

What we offer

• IQ-EQ offers a comprehensive benefits package designed to support employee’s well-being and work-life balance
• Employees receive generous paid time off, including 5 weeks vacation
• Health benefits include medical, dental, vision, mental health support and additional ancillary services
• Additional benefits include paid parental leave and a remote working schedule, promoting both personal and professional fulfillment
• IQ-EQ provides both monetary and non-monetary support in relation to all aspects of studying for professional qualifications to develop your career
• The salary for this position will be dependent on experience within the range of $125,000 - $140,000 USD

Qualifications

• You have seven plus years of experience in Compliance, AML, or regulatory roles, with essential expertise in Cayman Islands Fund Administration, Trust, and Company Management
• You hold a university degree in a relevant field along with an accredited compliance qualification (e.g., ACAMS, ICA)
• You demonstrate strong leadership in managing internal and external audits, drafting compliance and risk policies independently, and presenting reports to boards and regulators, especially the Cayman Islands Monetary Authority (CIMA).
• You possess deep knowledge of the Cayman Islands AML framework and provide AML/CFT/CFP oversight, including transactional and investor-related compliance.
• You have proven experience acting as an Anti-Money Laundering Compliance Officer as well as having been appointed money laundering reporting officer or deputy money laundering reporting officer and proven experience with current sanctions regimes – UKHMT, OFAC, EU, etc
• You excel in communication and collaboration, with high integrity, attention to detail, cross-jurisdictional awareness, and proficiency in MS Office and compliance software, thriving under pressure in fast-paced environments.

Additional Information

Our commitment to you and the environment

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.