Location: Cayman Islands (Professional Services)
Contract Type: Full-time
Closing Date: 31 May 2020
Walkers Compliance Regulatory Services Limited (WCRSL) invites applications from suitably qualified and experienced professionals for the above positions.
The successful candidate will be part of a busy, dynamic and fast-growing professional team. Excellent opportunities for training and professional development and progression exist for candidates interested in building a career in this area of expertise. Strong candidates who wish to develop their existing AML/CFT/APF expertise are encouraged to apply.
Act as Anti-Money Laundering Compliance Officer (AMLCO), Money Laundering Reporting Officer (MLRO) and Deputy Money Laundering Reporting Officer (DMLRO) for various entities conducting relevant financial business, to include, without limitation:
Oversight and ongoing monitoring of the relevant Anti-Money Laundering, Counter Terrorist Financing and Anti-Proliferation Financing (AML/CFT/APF) policies and procedures to ensure that the requirements of the Cayman AML/CFT/APF regime have been adequately implemented
Advising the Board of Directors (or equivalent) on AML/CFT/APF compliance issues and provide reports on a regular basis
Advising clients on general AML/CFT/APF matters that arise
Ensuring that requisite risk assessments are conducted in compliance with requirements on a regular basis and ensuring that adequate controls in place to address residual risk
Conducting random and periodic testing of CDD procedures
Act as the main point of contact with competent authorities and responding to requests for information to within the requisite periods
Investigating reports of suspicious activities and making onward disclosure filings as necessary
Ensuring that adequate AML/CFT/APF logs are maintained
Ensuring records are maintained for the requisite periods of time
Assisting clients with ad-hoc requests in relation to their ongoing AML/CFT/APF obligations.
Keeping abreast of industry developments and trends and collaborating closely with professional colleagues and to review new legislation, industry trends and compliance issues
Responsibility for consistently improving Walkers’ internal and external client service delivery excellence
Key Skills and Qualifications
Professional compliance qualification required (e.g. ACAMS) or qualification prior to expiration of probationary period
Audit experience and/or a recognised professional accounting designation (ACCA/CA/CPA) would be advantageous
Minimum 10 years’ risk and compliance experience
A bachelor’s degree or equivalent from a recognized university or college with a minimum of 10 years’ experience in a legal, compliance, audit, accounting or regulatory role within the financial services industry
Excellent knowledge of investment fund, insurance and structured finance entities
Excellent written, oral and interpersonal skills to communicate effectively with staff, management and diverse international clients
Excellent presentation skills and willingness to train and develop junior staff
Demonstrate ability to autonomously manage a portfolio of clients with minimal supervision
Participate in continuously improving services through critically evaluating systems of work, promoting new ideas and actively developing service improvements
Work in a flexible and professional manner, including working beyond normal business hours when needed and have a willingness to respond positively to changing circumstances and emergency situations.
Walkers offers a dynamic working environment with opportunities for career progression and an excellent remuneration package, including a discretionary performance based bonus, pension and fully covered health insurance.
Remuneration commensurate with qualifications and experience and will be in the region of US$95,000.00 – US$180,000.00.
Only candidates selected for an interview will be contacted.