We have an opportunity for a Senior Compliance Specialist to join our Compliance Division in the Isle of Man on a permanent basis.

Who We Are​

Nedbank Private Wealth is a multi-award-winning private bank and wealth manager headquartered in the Isle of Man, with branches in London, Jersey and a representative office in the UAE. The company provides a full international wealth management offering through its wealth planning, investment management, and banking services, to both business and private clients worldwide.

All our people are expected to consistently demonstrate our 6Cs, Collaboration, Curiosity, Courage, Client Impact, Can Do Attitude and Completeness.

Job Purpose

The Senior Compliance Specialist supports the Executive Head of Compliance and the wider Compliance Team in meeting regulatory obligations across jurisdictions. The role involves proactively monitoring, assessing, and advising on compliance with IOM, Jersey, and UK banking and investment business legislation and associated regulations. The role holder will contribute to the effective management of compliance-related tasks, projects and working groups, helping to maintain a robust control environment and ensuring the firm remains compliant with applicable laws and regulatory expectations. ​

Responsibilities & Duties

• Act as a point of referral for IOM Compliance matters, fostering collaboration across jurisdictions and maintaining effective working relationships with relevant stakeholders within the business.
• Provide clear, practical guidance to business colleagues on regulatory requirements and compliance obligations.
• Liaise effectively with Relationship Managers, Private Bankers, senior stakeholders, and other relevant parties.
• Monitor and evaluate changes in legislation, regulations, standards, and guidance, assessing potential impacts on NPWL and advising accordingly.
• Support the timely submission of regulatory reporting to all relevant authorities.
• Conduct monitoring and assurance activities aligned with the Coordinated Assurance Plan, ensuring timely delivery.
• Review existing processes and documentation to ensure alignment with legal, regulatory, and procedural requirements, recommending updates where necessary.
• Assist with thematic reviews, internal audits, and regulatory inspections.
• Support maintenance and oversight of regulatory registers and internal control systems.
• Assist the Executive Head of Compliance in drafting, maintaining, and embedding compliance policies and procedures, in coordination with senior compliance personnel across jurisdictions.
• Assist with the tracking and management of all open and overdue action points related to compliance activities.
• Assist in gathering data for stakeholder due diligence questionnaires.
• Compile management information and prepare reports for governance committees.
• Review and approve IOM marketing materials to ensure regulatory compliance.
• Respond to day-to-day compliance queries and support the management of the IOM Compliance inbox, including participation in BAU rota tasks.
• Provide cover for Financial Crime and jurisdictional Compliance inboxes as needed.
• Assist with the development of compliance training to business units, enhancing awareness of key risks, controls, and regulatory obligations.
• Make sound, informed decisions and escalate issues appropriately within established reporting lines.
• Contribute to ad-hoc operational projects that support compliance and broader business development initiatives.
• Uphold IOM regulations, industry best practices, and the principles of treating customers fairly.
• Person other duties as required to support evolving business needs.

• A strong working knowledge and understanding of Isle of Man banking and investment business regulations.
• At minimum of 5 years’ experience in a financial services environment
• Experience in Compliance requirements, including but not limited to, CDD / EDD for high net worth individuals and more complex financial structures such as trusts, corporate and foundations across multiple jurisdictions worldwide including emerging markets.
• Experienced in risk classification processes and in identifying and handling risk related information and documentation
• An understanding of the regulatory framework in IOM, JSY and UK
• Knowledge of IOM, JSY and UK AML / CDD procedures
• Knowledge of Operations, Trust, Company and / or banking administration activities, both technical and operational, within the Corporate and Private Client wealth management industry
• Good level of skill in the use of standard Microsoft applications (Word, Excel, Outlook, PowerPoint)

• ICA Diploma in Compliance/CISI International Diploma in Investment Compliance/MSC in Regulation or similar or relevant experience/ICA Diplomas in AML or Financial Crime.