VP Group Compliance Europe

VP Compliance Europe

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With around $ 3 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

For more information about Citco, please visit www.citco.com

About the Team & Business Line:

Citco Group provides services to our Citco Group of Companies and helps business to succeed in excellent client service.

As a valuable member of our Group Compliance team, you will work closely with internal stakeholders and cross-functional teams to support business operations and help them to achieve their goals.

The Group Compliance function strives for best practice across the divisions, providing technical support to the business functions, identifying, managing and reducing compliance risks across the business functions and continually developing key processes in line with industry and regulatory changes.

Your Role

You will support the country responsible Compliance Officers with compliance and regulatory oversight for the Pan European Citco entities. Currently this includes Citco entities providing Fund and Corporate Services in 9 jurisdictions across Europe. In your role you will support the country responsible Compliance Officers in building strong stakeholder relationships, deliver compliance initiatives, and leverages data to support effective decision-making. It promotes regulatory integrity, manages compliance risks, and supports governance oversight by the legal entity.

• Supporting the country responsible Compliance Officers in enabling strong connections with relevant stakeholders to assist the business on compliance matters; work collaboratively to build trust and sustain relationships through situations where there may be differing views in relation to compliance deliverables.
• Support in creating, implementing, and maintaining risk-based compliance plans aligned to regulatory requirements and business objectives; provide metrics and data (as required) to aid understanding of root causes and support effective decision-making.
• Proactively engage with others to change attitudes and behaviors in respect of compliance matters through active listening, empathy, and effective negotiation.
• Identify, assess, and manage compliance risks relating to the entities’ activities; support the embedding of risk management practices and risk culture across stakeholders.
• Participate in compliance monitoring activities; perform monitoring reviews and report outcomes in accordance with annual monitoring plans and the Citco Compliance Monitoring Policy.
• Maintain an understanding of regulatory developments impacting the entity and, where required, provide assistance/coordination/oversight of impact assessments and implementation plans.
• Analyse reporting of suspicions concerning transactions and activities and report/escalate as appropriate (including MLRO obligations).
• Assist with drafting, maintaining, and regularly reviewing compliance policies, ensuring clarity and practical application.
• Draft compliance reports for the Board of Directors of the legal entity.
• Participate in communications with regulators / supervisors, ensuring transparent and effective engagement.
• Act as a role model for a learning culture by encouraging two-way feedback and actively sharing expertise; provide and/or arrange training on compliance policies and regulatory changes.
• Actively participate in the Compliance Forum and develop the Group Compliance team through support and sharing of expertise.
• Support the Regional Compliance Officer in regional and group-wide compliance initiatives.
• Escalate and report relevant matters to the EVP Group Compliance.
• Travel as required to fulfil the responsibilities of the role.
• Undertake any other relevant responsibilities that may arise or b