Redstone Private Banking Search  /  Vacancies  /  Head of Compliance – French and English Speaking
 

Head of Compliance – French and English Speaking

Job Reference: RS0758
 

Job Title: Head of Compliance – French and English Speaking

Location: Europe

Product: Private Banking

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 Private Bank in Monaco who are looking for a Head of Compliance. In this position you will be working very closely with the CEO and the CIO to guide and lead the bank’s compliance function, with the potential to join the executive committee. We would be very interested in speaking with candidates who are located offshore and willing to relocate to Monaco / happy to travel, who have a knowledge of Monegasque compliance.

Key Responsibilities / Tasks

  • Ensure the Bank is compliant with local Monegasque laws and regulations regarding strict AML, cross border, and tax legislations
  • Liaise directly with the management team regarding the Bank’s procedures, methods, and potential issues / challenges
  • Navigate the Bank through AML and compliance challenges or new Private Banking regulations whilst offering constructive and lawful solutions and implement new frameworks as necessary
  • Lead and manage a team of compliance specialists with the potential of overseeing additional teams within the Bank.

Key Qualifications / Experience

  • Experience of leading and training a team of compliance specialists
  • Experience working in Monaco or closely with Monegasque teams and have strong understanding of the Monegasque financial law, for example the 2009 AML sanction.
  • Understanding of the cross border / KYC processes with local and international markets including Europe, CIS & LATAM countries.
  • Experience of working with Mifid and an understanding of Basel for risk assessments.
  • Ability to speak French, English and Spanish is a bonus
  • Report directly to Managing Director

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 emily@redstonesearch.com or submit your application through the Vacancy Form.