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Kindred Capital
Kindred Capital

Chief Compliance Officer



St Helier, Jersey
Posted on Friday, September 1, 2023
Who are we? Flagstone International is the newest offering from the Flagstone Group. Focused specifically on clients outside of the UK, we offer depositors access to a wide range of deposit products from leading international banks - including exclusive rates - via a single, dedicated Flagstone account and the touch of a button.Our platform is available through leading Trust companies and wealth managers so whether you are a trust, a corporate entity, a charity, or a guardian of family wealth, our innovative and intuitive platform is available as an alternative to low-interest rate banks.Across the Group, our clients have already trusted us with more than £8bn of their assets and we are also trusted partners for many leading financial services firms. For a better way to manage, protect and grow your money, join us today.Flagstone International is based in Jersey, regulated by the Jersey Financial Services Commission and part of Flagstone Group Ltd. Flagstone International operates as a separate entity to the UK platform. Our cultureFlagstone is a company with big ambitions. Our International business launched in 2022 and we're rapidly expanding this side of the business, supporting the needs of a growing customer base though our team in Jersey and London.Our whole ethos revolves around three core values that underpin the principles and standards that drive our behaviour and our brand and demonstrate our culture to the outside world.
  • Forge a new way
  • Surpass expectations
  • Community counts
In short, we're proactive and confident, aspirational yet authentic, and empathetic – with a commitment to our customers and our colleagues.While we have high expectations and our people work hard, we also know that there's more to life than work. In a fast-moving, dynamic, hard-working environment like ours, it's just as important to know when to stop. That's why we work together to ensure we look after ourselves and take care of each other.Our open and inclusive culture has mental health, wellbeing, and a dedication to continuous development at the forefront, so we can be the best we can be.There's still a lot to do, so join us on our journey, be part of something fresh and exciting – and protect the art of your possible. What You'll DoAt Flagstone, we believe that compliance is not just a requirement but a strategic asset that drives our success. As the Chief Compliance Officer, you will provide strategic leadership of the Compliance function at Flagstone International Limited. You will have the opportunity to shape and enhance our compliance framework, ensuring we maintain the highest standards of integrity and ethical conduct, are fully compliant with all statutory and regulatory obligations, and maintain strong working relationships with our bank partners and our regulator.Join us in our mission to revolutionise cash deposit management and make a significant impact on the financial services industry. Your responsibilities will include:
  • Develop, implement, and direct a comprehensive and scalable compliance program for Flagstone International, both in Jersey and across all other jurisdictions where the firm conducts business or has introducer relationships.
  • Accountable for defining the Compliance governance framework across Flagstone, working with other senior leadership team members and the Board of the Company
  • Be the ambassador and champion for Compliance risk management at Flagstone International
  • Monitor and report on compliance-related metrics, trends, and issues to executive leadership and the Board of Directors.
  • Ensure compliance with applicable rules and regulations, including but not limited to Anti-Money Laundering (AML), Know Your Customer (KYC), data privacy, and consumer protection.
  • Stay up-to-date with evolving regulatory requirements, assess their impact on Flagstone's operations, and communicate changes to relevant stakeholders.
  • Manage, coach and develop the compliance team based in London, championing the Flagstone values and behaviours
  • Establish and maintain strong relationships with regulatory bodies, auditors, and other external parties to ensure Flagstone's compliance posture is effectively communicated and understood.
  • Accountable for building and maintaining relationships with MLRO/Head of Compliance within targeted banks and banking partners
  • Lead investigations into compliance breaches, incidents, or allegations, and develop appropriate response plans and mitigation strategies.
  • Build on our high-performance, collaborative culture and provide energy, leadership, creativity and innovation.
  • Create an environment that promotes continuous improvement.
What you'll need:
  • Deep understanding of current Jersey regulations and JFSC regulatory requirements, with demonstrable experience in leading and directing an effective monitoring and assurance programme
  • Extensive experience of working in Jersey and holding a Table 4 qualification as a minimum, in a JFSC regulated business that holds TCB and IB permissions.
  • Evidence you are a JFSC approved person.
  • Extensive experience in compliance roles within the financial services sector, preferably in fintech or banking for a business that has operated on a cross border basis or in multiple regulated jurisdictions.
  • Strong knowledge of relevant financial regulations and frameworks in Europe, including PSD2, MiFID II, GDPR, and AML directives.
  • Proven track record of designing and implementing compliance programs, policies, and procedures.
  • Experience working with regulatory authorities, conducting audits, and managing regulatory examinations.
  • Excellent understanding of risk management principles and the ability to identify and mitigate compliance risks.
  • Strong leadership skills with the ability to influence and engage stakeholders at all levels.
  • Exceptional analytical and problem-solving abilities with a keen attention to detail.
  • Build on our high-performance, collaborative culture and provide energy, leadership, creativity and innovation.
  • Work with the C-Suite to demonstrate the values and desired behaviours of our culture and be a brand ambassador of these for culture, customers and compliance.
  • Outstanding communication and interpersonal skills, with the ability to effectively convey complex compliance concepts to both technical and non-technical audience.
  • Ability to work independently, prioritise tasks, and meet deadlines in a fast-paced environment.
What You'll Get
  • Remote working kit
  • Around the World in 90 days (remote working)
  • Employee share scheme
  • £1,000 annual learning bursary
  • 25 days holiday
  • Additional 3 days community and charity leave each year
  • Quarterly half days for Wellness leave
  • Flexible bank holidays
  • Income protection
  • Life insurance (4x annual salary)
  • Matched pension contribution (up to 5%)
  • Private healthcare
  • Gym discount
  • Dental/Optical care
We're keen to meet people from all backgrounds, it is our diversity that allows us to work smarter, be more innovative and make better decisions, together. We build teams that represent a variety of voices, experiences, and skills, and we hire those who will help us drive results and achieve our goals.