Head of Compliance, Monaco

  • Competitive
  • Monte Carlo, Commune de Monaco, Monaco Monte Carlo Commune de Monaco MC
  • Permanent, Full time
  • Redstone Private Banking Search
  • 17 Jul 18 2018-07-17

Head of Compliance, Monaco

Job Reference: RB0217A
Job Title: Head of Compliance, Monaco
Location: Europe
Product: Private Banking, Wealth and Asset Management
Role: Compliance

Redstone Private Banking Search are leaders in the global provision of search solutions for the international private banking and wealth management markets. With coverage of a wide variety of Private Banks, Boutiques, Family Offices, Wealth Managers, Fund Managers and Investment Houses, Redstone Private Banking can offer tailored search solutions in a changing industry.
Redstone Private Banking Search are currently working with an International Global Private Banking & Wealth Management institution looking to bring on-board a an experienced compliance professional with management experience.

Key Responsibilities / Tasks

  • Responsible for managing a team of 30 professionals in the wealth management compliance operations (AML, KYC, financial security, fraud etc.)
  • Checking and approving new clients as well as providing the front office with support regarding legal and regulatory requirements
  • Implement the bank's policies regarding compliance, financial security and fraud
  • In charge of ensuring the ongoing compliance training for bank employees
  • Role reports into the Compliance Director


Key Qualifications / Experience
  • 10+ years' experience working in compliance/regulatory positions in private banking/wealth management, ideally with previous experience working in the Principality Monaco
  • Must have previous experience in managing wealth management operations,
  • Excellent knowledge of internal controls (MIF I, MIF II, AMF, CRBF 97-02, etc.)
  • Strong understanding of banking/wealth management services and products
  • Located in or eligible to work in Monaco
If you match the job description and are keen on applying for this role; please send us a copy of your resume/cover letter to sam@redstonesearch.com or submit your application through the Vacancy Form.