We have a great opportunity for an experienced risk and compliance professional to join a prestigious family office in Istanbul as a risk and Compliance officer. In this role you will play a key role within their Risk and Compliance global function.

This is a wide ranging role and needs someone who likes variety and juggling multiple hats.

Job Description:

The Risk and Compliance Officer is responsible for identifying, monitoring, and mitigating risks across the family office while ensuring that the office operates in line with applicable policies, governance standards, legal and regulatory obligations, internal controls, and compliance procedures.

The role covers enterprise risk, operational risk, investment risk oversight, liquidity risk, banking risk, foreign exchange risk, cybersecurity risk, insurance risk, vendor risk, fraud prevention, reputational risk, regulatory compliance, internal policies, approval processes, and reporting obligations.

Key Responsibilities :

• Developing and maintaining the family office risk and compliance framework.
• Identifying, assessing, monitoring, and reporting financial, operational, investment, cyber, legal, regulatory, reputational, banking, foreign exchange, and vendor risks.
• Monitoring compliance with internal policies, approval authorities, delegation limits, investment guidelines, treasury policies, expense policies, and governance procedures.
• Overseeing internal controls, fraud prevention, segregation of duties, payment controls, and incident escalation procedures.
• Reviewing banking, treasury, liquidity, counterparty, and foreign exchange risks.
• Reviewing investment risk exposure.
• Coordinating compliance matters related to entities, trusts, foundations, investment vehicles, reporting obligations, beneficial ownership, AML/KYC, FATCA, CRS, sanctions screening, data privacy, and regulatory filings where applicable.
• Supporting the development and review of family office policies, including risk management, compliance, cybersecurity, vendor management, conflicts of interest, confidentiality, gifts and hospitality, travel, expenses, and document retention.
• Assessing risks related to banks, custodians, investment managers, advisors, suppliers, technology providers, household vendors, and other third-party service providers.
• Supporting cybersecurity, data protection, privacy, access control, and information security governance.
• Coordinating insurance risk reviews, coverage assessments, claims monitoring, and risk-transfer arrangements with insurance advisors.
• Maintaining a risk register, compliance calendar, incident log, policy register, and action-tracking system.
• Preparing risk and compliance reports, dashboards, breach reports, and escalation updates for senior management and relevant governance bodies.
• Coordinating with legal counsel, tax advisors, auditors, trustees, compliance consultants, cybersecurity specialists, insurance advisors, and other external professionals.
• Supporting crisis management, business continuity planning, incident response, and remediation actions.
• Promoting a culture of prudent risk awareness, compliance discipline, confidentiality, and ethical conduct across the family office.