We have an opportunity for a Risk & Compliance Transformation Consultant  to join our team based in the Isle of Man on an initial limited term assignment (6-12 months)

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 Risk and Compliance Transformation Consultant will lead and manage the transformation of Nedbank Private Wealth’s Risk and Compliance function. This interim role will provide senior-level oversight while also implementing strategic changes to enhance the effectiveness, resilience, and efficiency of the function.

The Consultant will oversee all traditional Risk and Compliance duties, ensuring that the business operates within legal and regulatory frameworks, while advising on best practices, governance, and compliance programs globally. The role will also provide leadership in managing business-critical compliance matters, including global regulatory changes, financial crime prevention, and operational resilience.

This position requires an experienced, solutions-focused leader with a deep understanding of financial services risk and compliance, particularly in multi-jurisdictional environments. The ideal candidate will bring a passion for continuous improvement and innovation, driving the transformation of risk management and compliance practices at Nedbank Private Wealth.

The role-holder will demonstrate the behaviours we value, which are the 6Cs of Collaboration, Curiosity, Courage, Client Impact, Can-Do Attitude, and Completeness.

This is a unique opportunity for a leader who thrives in a dynamic, regulatory environment and is keen on driving impactful change while safeguarding the organisation’s operations and client trust.

Responsibilities & Duties

Transformation Leadership:

• Lead the transformation of the Risk and Compliance function, ensuring alignment with strategic business goals, regulatory changes, and industry best practices.
• Develop and implement innovative solutions for enhancing risk management processes, compliance frameworks, and regulatory oversight.
• Advise senior leadership on regulatory, compliance, and risk transformation strategies, ensuring ongoing adaptation to emerging regulatory trends and financial crime risks.

Compliance Oversight:

• Provide interim senior-level oversight of compliance operations, ensuring all regulatory and compliance obligations are met across global jurisdictions.
• Oversee the development and maintenance of policies, frameworks, and controls that align with regulatory requirements and organisational strategy.
• Serve as the primary point of contact for senior management and stakeholders regarding compliance and risk issues, ensuring alignment with business objectives and regulatory standards.

Regulatory & Risk Advice:

• Provide expert advice on regulatory changes, financial crime prevention (AML, KYC, CFT), data security, financial crime, and other compliance matters across the organisation.
• Collaborate with internal teams to implement and monitor global compliance programs, ensuring adherence to legal and regulatory standards.
• Support the business in managing regulatory relationships, including engagement with regulators and industry bodies.

Compliance Governance and Reporting:

• Oversee the design and implementation of governance structures that ensure compliance with regulatory frameworks across all jurisdictions.
• Lead reporting efforts related to compliance, financial crime, and risk management, including reporting to board and risk committees.
• Ensure robust monitoring, auditing, and testing of risk management and compliance systems, including risk incident investigations and remediation actions.

Training and Awareness:

• Develop and implement training programs to raise awareness of compliance, risk, and governance matters across all levels of the organisation.
• Conduct training for senior management and key stakeholders, ensuring that they are informed about compliance risks, regulatory changes, and best practices in risk management.

Continuous Improvement and Innovation:

• Drive continuous improvement initiatives to streamline risk management and compliance processes, integrating new technologies, and data-driven solutions where applicable.
• Recommend and lead the implementation of new tools, systems, and technologies to enhance the overall efficiency and effectiveness of the Risk and Compliance function.
• Foster a culture of compliance excellence and operational resilience across the business.

Risk and Compliance Expertise:

• Extensive experience in global regulatory environments, particularly in financial services, with a proven track record in implementing and overseeing compliance frameworks and risk management strategies.
• Strong expertise in financial crime prevention, data protection/privacy, governance, and audit practices.
• Deep understanding of multi-jurisdictional regulatory requirements (e.g., Solvency II, AML, KYC, CFT) and experience managing compliance across diverse markets.

Transformation Leadership:

• Proven experience in leading the transformation of risk and compliance functions, including process re-engineering, system implementation, and governance improvements.
• Experience in advising on and driving global business strategy, regulatory applications, and business continuity planning.

Risk Incident Management:

• Expertise in identifying, assessing, and managing risk incidents, providing strategic advice on risk mitigation, and implementing corrective measures where necessary.
• Skilled at managing investigations into non-compliance, providing actionable insights and remediation strategies.

Regulatory Reporting and Auditing:

• Proven ability to oversee compliance and risk reporting, including interactions with regulatory bodies, internal audits, and third-party assessments.
• Experience in designing and implementing audit programs, compliance testing, and risk assessments to ensure adherence to both internal and external standards.​

Technology Integration:

• Familiarity with emerging compliance technologies, including GRC platforms, automated systems, and risk management tools.
• Experience with compliance tools such as AutoRek, SalesForce, Lexis Nexis, and Tableau, with an ability to integrate new technologies into the business to streamline compliance and risk processes – Desirable.

• Proven experience in global risk and compliance management within the financial services industry, including significant leadership experience.
• Demonstrated expertise in managing complex, multi-jurisdictional compliance and risk matters, with a focus on transformation and regulatory change.
• Experience in high-level stakeholder management, including senior leadership, regulators, and third-party partners.
• Previous Exco experience – Desirable.
• Strong interpersonal and communication skills with the ability to influence at all levels of the organisation.