Redwood Offshore Limited has appointed Melissa Bradford to the role of senior manager.
An experienced compliance practitioner, Ms Bradford most recent role was as European compliance manager for a Guernsey-based asset management company. She has also gained valuable experience as a data protection officer, money laundering reporting officer (MLRO) and former head of compliance.
Ms Bradford holds several qualifications from the International Compliance Association (ICA), including the Professional Post Graduate Diploma in Governance, Risk and Compliance and the International Diploma in Anti-Money Laundering. She is also a Fellow member and examiner of the association with Certified Professional status.
Redwood Chief Executive James Wood said: “Melissa is a fantastic addition to our team and will be a real asset for our clients. Her experience fits perfectly with our compliance officer and MLRO service, where our clients are able to outsource those functions to us to increase efficiency and benefit from experienced professional expertise, something that Melissa has in great abundance.”
Redwood’s team of compliance and anti-money laundering (AML) specialists use their regulatory and commercial experience to provide advisory or support and outsourcing services including MLRO and compliance officer positions.
Ms Bradford said: “The importance of an effective compliance function is increasing for many businesses in Guernsey. There has certainly been an increase in regulation, both domestically and internationally. We’ve seen technological changes result in new compliance considerations and of course the need to be vigilant in the face of new and more sophisticated fraudulent and criminal activity.
“Compliance is increasingly seen as a cornerstone of corporate practice and business reputation management. As an experienced consultant I feel it is exciting to be joining Redwood where I can focus on advising and guiding businesses on their approach to this 21stcentury challenge.”