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Making The Switch To Compliance After Returning To The Isle of Man
George Willoughby studied History at Leeds Beckett University. After graduating he completed a Graduate Diploma in Law. He returned to the Isle of Man in 2020 and now works in compliance at Ramsey Crookall & Co. Ltd
I grew up in the Isle of Man and due to the pandemic, decided to return home to complete the latter half of my post-graduate degree.
Following my Graduate Diploma in Law, I decided to apply to the Department for Enterprise’s Internship Programme, which provides graduates with the opportunity to complete a paid-for internship placement on Island. I was paired with a local law firm where I remained for a month, performing legal research and administrative tasks.
After completing my internship, I still wasn’t sure what I wanted to do, so decided to embark on another placement to get a feel for what I liked. Shortly afterwards I secured a place with a co-working space in Castletown where I was tasked with a number of compliance-related duties.
As a result of this experience, I obtained an internship at Ramsey Crookall & Co. Ltd where I was placed in the compliance department, reviewing the company’s GDPR policy.
After my internship ended, I saw compliance as a very viable option, and a great way of putting my Law degree to good use, within a less traditional setting. I expressed my interest to Ramsey Crookall, who formally offered me a permanent position once my internship concluded.
Since joining the firm, I’ve been given plenty of opportunities. We are heavily encouraged to gain further professional qualifications and I have completed my Introduction to Securities and Investments qualification from the Chartered Institute for Securities and Investment and have applied to complete further qualifications through the International Compliance Association. These have been fully funded by Ramsey Crookall.
I work in a small team that has oversight across many facets of the business, this means every day is different and my job is incredibly varied, providing me with a great deal of experience that I would not get in another role or even in a larger company. One week I might be writing a report on client assets for the Financial Service Authority and then the next, speaking to fund administrators about Anti-Money Laundering procedures. Its fast paced and can change in an instant!
It's been wonderful to return home and see friends and family whenever I like. What I have most relished, is being able to return to several of my former sporting leagues and play alongside many of the people I grew up with.
With a range of compliance roles available across several of the Island’s key industries, many graduates have studied and worked within other professions including law and accountancy - utilising their qualifications and experience to springboard into a compliance career.
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