The Head of Compliance and MLRO plays a pivotal role at the heart of the company's operations, leading all regulatory, legal, and AML/CFT obligations while shaping a strong culture of compliance across the business. As the primary liaison with the Financial Services Commission (FSC) and other authorities, this role drives the firm's compliance strategy, oversees client due diligence, transaction monitoring, reporting, and risk management, and provides strategic guidance to the CEO and Board on regulatory developments and emerging risks.

• Serve as the Company's approved Compliance Officer and MLRO, ensuring compliance with the Securities Act 2005, Financial Services Commission (FSC) Rules, AML/CFT regulations, and other applicable laws.
• Point of contact for regulators and counterparty compliance for inspections, audits, and regulatory inquiries.
• Provide oversight to the Account Management Department, which handles client onboarding and collection of KYC/DD documents.
• Review and approve all new client onboardings, ensuring compliance with KYC, source of funds, client risk assessment and due diligence requirements.
• Review and approve all client transactions, including deposits, withdrawals, and stock transfers, in accordance with internal controls and AML/CFT requirements.
• Facilitator for FATCA and CRS reporting, responsible for client classification under each regime.
• Facilitator for QI reporting, provide insights on validation of tax forms in collaboration with tax consultants to ensure accuracy and regulatory compliance.
• Assist with regular client queries related to compliance and regulatory requirements.
• Prepare and submit all required regulatory filings, including FSC prudential returns, AML/CFT reports, and other statutory submissions within prescribed timelines.
• File Suspicious Transaction Reports (STRs) and manage follow-up with authorities, ensuring timely and accurate reporting in accordance with AML/CFT obligations.
• Oversee sanctions screening, politically exposed person (PEP) monitoring, and adverse media checks as part of the firm's ongoing due diligence framework, ensuring controls remain effective and aligned with regulatory expectations.
• Support and advise the Chief Executive Officer and senior management on all regulatory compliance matters, including the impact of new regulations, proposed business initiatives, and emerging compliance risks.

Policy and Framework Development:

• Monitor compliance with the compliance policies and regulatory requirements, ensuring timely updates, adherence to applicable laws, and alignment with standardized group policies and report any gaps, issues, or breaches to the Group Compliance Committee for action.
• Monitor evolving laws, regulations, and regulatory guidance, assess their impact on the business, and update policies, procedures, and internal controls as required.
• Oversee implementation of the firm's market conduct policies, including controls to prevent iinsider dealing, conflicts of interest, personal account dealing breaches, and misuse of confidential information.

Risk Management:

• Develop and update the Business Risk Assessment through identification, assessment, and mitigation of compliance risks across all business lines.
• Responsible for arranging annual independent compliance audits and implement recommended corrective actions across the compliance department where needed.

Monitoring and Reporting:

• Oversee regular compliance monitoring, internal audits, and risk assessments.
• Prepare and present comprehensive quarterly Compliance and MLRO reports to the CEO and Board, covering compliance status, key risks, regulatory developments, breaches, and recommended actions.
• Investigate and resolve compliance breaches or incidents, ensuring timely reporting to regulators as required.
• Ensure comprehensive compliance record-keeping, including client documentation, monitoring evidence, and regulatory submissions, to support audits, inspections, and ongoing regulatory obligations.

Training and Awareness:

• Maintain FSC "fit and proper" status, complete ongoing Continuing Professional Development (CPD) requirements, and comply with all competency standards applicable to approved officers.
• Develop and deliver compliance training programs for employees.
• Ensure staff remain informed of relevant regulatory changes and internal policy updates.

Leadership and Team Management:

• Collaborate with account management, operations, finance and trading to ensure an integrated approach to compliance.

Backoffice & Operational Support: