The Isle of Man Financial Services Authority (“the Authority”) is the regulatory body for the financial sector in the Isle of Man and regulates firms engaged in a range of financial activities, including insurance, pensions, banking, fiduciary services, fund administration and management and investment advice and management. The Authority is responsible for oversight of anti-money laundering and countering the financing of terrorism (AML/CFT) compliance for those involved in the financial sector and a range of other Designated Businesses, and has oversight of compliance with the Beneficial Ownership Act 2017.

HEAD OF AML/CFT SUPERVISION

The Authority has an exciting opportunity for the role of Head of the AML/CFT Supervision Division created by the upcoming retirement of the existing post holder

The successful candidate will contribute to the Authority’s mandate of protecting consumers, reducing financial crime and maintaining confidence in the financial services sector through effective Regulation. This role is a member of the Authority’s Executive Team and contributes to the strategic direction, the risk horizon scanning and positive culture of the Authority.

Extensive understanding and experience of the financial services industry and designated businesses, including compliance, risk management and AML/CFT along with an understanding of the broader finance industry including trends and developments is essential. The successful candidate will have proven leadership skills to provide support, mentoring and coaching that inspires and motivates all team members to reach their full potential. The postholder will hold a relevant professional qualification.

This is an exceptional opportunity within a people focused organisation and applicants seeking flexible working arrangements are welcome.

The right candidate will bring the above skills and experience and in return working at the Authority will provide candidates with the opportunity to:

• Contribute to the development of the Isle of Man’s financial system;



• Play an important role in the delivery of the Isle of Man Financial Services Authority’s diverse and important mandate;



• Assist with the delivery of strategically important supervision work as part of a highly professional team;



• Build a fulfilling career, reaching your full potential and feeling valued in an environment that supports diversity and inclusion;



• Be part of a dynamic team where no two days are the same.

Our package includes:

For a full job description and to apply please visit Vacancies (iomfsa.im)

Closing date for applications is 17 November 2023

The Authority is an equal opportunities employer.

Isle of Man Financial Services Authority

P O Box 58

Finch Hill House

Bucks Road

Douglas

IM99 1DT