Senior Director, ICS Risk & Compliance

PURPOSE OF JOB The Senior Director ICS Risk Compliance (R C) is a strategic role requiring development, implementation, and oversight of comprehensive R C programmes aligned with the ICS strategy and divisional goals. This position involves strategic planning, risk assessment, regulatory analysis, and collaboration with all ICS jurisdictions, Regional Heads, Managing Directors, Compliance Officers, and Money Laundering Compliance Officers to ensure consistent adherence to applicable laws and regulations. This role holder is a key strategic business partner, helping define the necessary level of knowledge on existing and emerging regulatory compliance requirements across the organization. MAIN RESPONSIBILITIES AND DUTIES Risk Compliance Strategy Develop and implement a long-term R C function strategy that supports the ICS Division’s business objectives and growth plans. Ensure the strategy is dynamic and adaptable to the evolving regulatory landscape. Define the necessary level of knowledge and capability within the R C function on existing and emerging regulatory compliance requirements across the ICS Division. Compliance Work Plan Develop the annual compliance work plan that reflects the ICS Division’s unique characteristics. Periodically revise the compliance plan considering regulatory changes and areas of focus relevant to the PC Division. Oversee and monitor the implementation of the compliance work plan. Provide strategic direction to the management team on compliance matters. Regulatory Horizon Scanning Deploy senior R C resources to monitor emerging regulatory trends and global compliance standards to proactively assess potential impact on the ICS Division and, where relevant, suggest risk-based responses. Provide strategic insights to the executive team to prepare for upcoming regulatory changes. Performance Metrics Establish and oversee the implementation, reporting against and ongoing maintenance of key compliance performance indicators (KPIs) to measure the effectiveness of compliance programmes. Prepare and present clear and concise compliance reports to the ICS ExCo. Integrated Risk Management Conduct ongoing risk assessments to identify compliance vulnerabilities within the ICS Division and its business support units. Develop integrated risk management strategies that align with the JTC Group’s broader risk management framework. Stakeholder Engagement Cultivate relationships with key regulatory bodies and industry groups to influence policy developments and ensure JTC’s interests are represented. Interact with regulators on compliance issues. Compliance Culture Drive initiatives to foster a culture of compliance and ethical behaviour across the ICS Division and JTC. Develop programmes and incentives that promote compliance as a core value and competitive advantage. Identify Establish and maintain appropriate frameworks for the effective identification of risk, staying abreast of regulatory and legislative changes and identifying industry risk patterns and trends. Manage Ensure that proportionate controls, systems, policies, and procedures are established and maintained for the effective mitigation and management of identified risks. Ensure appropriate analysis of new or changing regulation/legislation and work with all necessary stakeholders to ensure effective and timely implementation of any consequential changes. Guide in a productive, professional way, the ICS compliance teams. Monitor Detect Ensure an effective Compliance Monitoring Programme of ongoing and periodic ‘second line’ assessments to provide assurance on adherence to (and effectiveness of) operational performance, controls, policies, procedures, and systems designed to mitigate and manage identified risks. Ensure the timely production and provision of monitoring reports, emerging risks, patterns and/or trends and make recommendations for management responses and/or corrective actions to ensure continued compliance, appropriate risk mitigation and/or alignment to JTC’s risk appetite to the ICS Executive Committee (ExCo). Coordinate internal compliance review and monitoring activities, including periodic reviews of departments. Monitor external review processes. Resolve Ensure the prompt appropriate treatment of all identified or reported regulatory breaches, complaints, or deficiencies. Independently investigate and act on matters related to compliance. Advise Ensure the ICS R C function has effective mechanisms for the provision of timely and consistent advice on regulatory matters and associated controls, policies, procedures, and systems. Provide guidance, advice, and training. Ensure the ICS R C function’s engagement strategy is delivered to proactively publicise, train, or otherwise raise awareness of relevant regulatory obligations that are considered worthy of specific attention e.g. new regulations, commonly misunderstood areas, issues arising from compliance monitoring, lessons learnt etc. ESSENTIAL REQUIREMENTS 10+ years of financial services risk and compliance experience at a senior level in a global financial services business. University degree and / or senior risk and compliance qualifications. Experience holding regulated roles. Experience in leading and participating in regulatory on-site examinations. Line management experience. Experience as a Project Director leading change both in business practice and use of technology. Excellent verbal and written communication skills. Effective leadership, negotiation, and influencing skills. OUR COMMITMENT TO INCLUSION WELLBEING JTC is committed to fostering a healthy, inclusive organisation where all individuals feel welcome and feel able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive.