Senior AML Compliance Specialist

Responsibilities:

• Identify, measure, and assess AML/CFT and compliance risks and ensure compliance with regulatory objectives
• Assist with the firms on-board function for new client relationships and transactions
• Complete periodic file reviews including risk ratings
• Maintain functional responsibility for all compliance systems and controls
• Undertake advanced CDD research in line with internal policies and procedures
• Evaluate and monitor anti-money laundering policies and procedures and internal controls to
ensure full compliance with all enactments relating to AML/CFT
• Determine primary regulatory, compliance, financial crimes, and sanctions risks
• Provide timely and practical regulatory advice to the AML appointees with regards to AML/CFT laws, and other applicable regulatory laws
• Manage relationships with law firm attorneys and clients to provide advice and technical
support as required
• Assist with the preparation of AML reports for fund operators & reports at board meetings
• Investigate reports of suspicious activities and make onward disclosure filings as necessary
• Ensure that adequate AML/CTF logs are maintained and records are maintained for the requisite periods of time
• Assist with the firms on-board function for new client relationships and transactions;
• Advise clients on general AML/CTF matters that arise
• Assist with investigating reports of suspicious activities and make onward disclosure filings as necessary
• Assist clients with adhoc requests in relation to their ongoing AML/CFT requirements such as internal audit, risk assessments, training and awareness and other AML/CTF related services
• Various ad hoc tasks, and from time to time, assist with other regulatory service lines to meet specific deadlines

Qualifications and Desired Skills:

• University graduate with an excellent academic background
• Recognized Compliance related qualification such as ACAMS with a minimum of 5 years post qualification experience in a compliance position and a record of progressive responsibility during the qualified period
• Have extensive knowledge of Cayman Islands AML legislation
• Good knowledge of relevant compliance issues (KYC/CDD/AML/CTF)
• Developed networks and relationships with external compliance, financial crimes and sanctions professionals
• Technical knowledge of Global (onshore and offshore) financial services products
• Working knowledge and experience with financial services regulations, including suspicious activity reporting
• Experience in managing relationships cross border
• Excellent written and verbal communication skills
• Excellent AML/CFT training skills and presentation skills
• Advanced knowledge and proficiency in Microsoft Office applications, especially MS Excel, Word, and PowerPoint; exposure to applications such as View Point, CORIS & Reefs are an asset
• Needs to be Self-motivated