Aml and High-Risk Technical Specialist

• Act as a subject matter expert across AML, with specialist focus on higher‑risk client segments
• Champion CIL’s AML and CFT policies and procedures always
• In partnership with the Financial Crime Team, develop, implement, and maintain AML procedures and controls to ensure regulatory compliance
• Maintain up‑to‑date knowledge of AML legislation, regulations, and relevant guidelines
• Drive best practices for AML/CFT risk identification, assessment, and ongoing monitoring
• Uphold robust internal control standards and ensure timely closure of internal and external audit actions
• Conduct comprehensive, risk‑based due diligence to verify client identities and assess money‑laundering risk
• Maintain and update client profiles to reflect changes in risk factors
• Analyse and understand complex corporate and trust structures, identifying all relevant connected parties
• Review AML/CFT concession requests (e.g., AOBO arrangements)
• Provide approval and analytical commentary for account opening and periodic review processes
• Implement and oversee transaction‑monitoring systems to detect unusual or suspicious activities
• Stay informed on regulatory changes, industry developments, and emerging financial‑crime trends, updating training content accordingly
• Contribute to risk‑mitigation strategies and enhancements to AML controls
• Co‑develop and maintain the AML Accreditation Programme, delivering training and guidance to operational teams
• Collaborate with the First Line Assurance team to ensure assessment standards align with regulatory expectations
• Provide day‑to‑day guidance on new client applications and engage directly with clients as needed
• Analyse transaction patterns and trends, escalating insights to the Financial Crime Team and relevant stakeholders
• Prepare reporting for the HRC and Executive & Investment Risk Committees
• Produce ongoing progress reports related to file reviews
• Act as the first‑line representative on AML/CFT‑related projects arising from compliance monitoring and regulatory change
• Operate in accordance with the delegated authority framework provided by the HRC
• Critically assess new higher‑risk applications, with particular focus on Source of Funds/Source of Wealth, purpose, expected activity, PEPs, adverse media, and structural complexity
• Maintain the CIL Investment PEP Register, ensuring all decisions are accurately recorded
• Manage the Investment Operations Delegated Authority Register
• Hold overall responsibility for the Business Risk Assessment (BRA) and Technology Risk Assessment (TRA), including periodic review and reporting to ExCo and the Board

• A minimum of five years’ experience in regulated financial services
• strong investment‑industry knowledge is advantageous
• Detailed understanding of Isle of Man AML/CFT legislation, regulation, and guidance, particularly in the context of higher‑risk clients
• Experience analysing complex corporate structures and determining associated due‑diligence requirements
• Advanced competency validating Source of Funds and Source of Wealth using independent sources
• Strong knowledge of governance, risk and control frameworks
• familiarity with the 3 Lines Model is essential
• Proficiency with analytical tools, data‑analysis methods, and reporting techniques
• Strong analytical, research, problem‑solving, and communication skills
• Ability to evaluate information through a risk lens and present clear, concise analyses to senior stakeholders
• Proven ability to work both independently and collaboratively, building relationships across functions
• Sound judgment, decision‑making capability, and the ability to influence others
• Strong organisational skills, with the ability to manage multiple priorities in a dynamic environment
• Forward‑looking and strategic mindset, contributing to business planning and execution
• Professional qualifications are desirable

Professional qualifications are desirable

• Private health care
• Life insurance
• Flexible working hours
• Pension scheme
• Volunteering opportunities
• Extensive training and development programmes
• Access to innovative products