About the role
The Head of Compliance is the principal person responsible for a holistic, integrated, forward-looking approach to managing the Monument Crown Dependencies entities’ compliance with regulations from a second line of defence perspective. The Head of Compliance will partner with the CEO and the Monument International executive management team to provide effective leadership and guidance with overall responsibility for advising Monument International’s 1st Line on their responsibilities to maintain compliance with regulations, ensuring effective processes are in place to meet the requirements of the Board(s) and regulators.
The role holder will be part of the local executive team. This individual will also hold the Company’s MLRO and Data Protection Officer and Nominated Officer (Beneficial ownership) positions.
The role will also provide support to the Group Head of Compliance with a proportion of their time being spent on Thematic Reviews/Assurance and other Group led Compliance initiatives.
The Head of Compliance should quickly earn the respect of their peers and have the gravitas to influence and advise as appropriate. The role requires broad engagement with the local management team, Internal Audit, Board of Directors & Risk Committee in the Isle of Man and the Monument Re Head of Compliance. The ability to build and maintain effective working relationships is critical. The Head of Compliance reports to the Monument International CEO and has a dotted line to the Group Head of Compliance.
The role holder will be part of the local executive team. This individual will also hold the Company’s MLRO and Data Protection Officer and Nominated Officer (Beneficial ownership) positions.
The role will also provide support to the Group Head of Compliance with a proportion of their time being spent on Thematic Reviews/Assurance and other Group led Compliance initiatives.
The Head of Compliance should quickly earn the respect of their peers and have the gravitas to influence and advise as appropriate. The role requires broad engagement with the local management team, Internal Audit, Board of Directors & Risk Committee in the Isle of Man and the Monument Re Head of Compliance. The ability to build and maintain effective working relationships is critical. The Head of Compliance reports to the Monument International CEO and has a dotted line to the Group Head of Compliance.