|JOB # 152||LOCATION George Town, Grand Cayman|
The purpose of this position is to ensure that best practices with both Group and local policies and procedures are adhered to with regards to the reporting of suspicious activity and all other applicable Financial Crime regulatory reporting requirements across the business activities undertaken in the Cayman Islands.
Duties include but are not limited to:
- Acting as the designated MLRO for the company ensuring compliance with Cayman legislation and Financial Crime reporting standards;
- Working with Group Compliance to manage, develop, and improve the financial crime programme and contribute to the global financial crime function;
- Undertaking statutory financial crime reporting requirements such as identifying and assessing suspicious activity, reviewing and responding to Internal Disclosure Forms and reporting suspicious activity to the relevant local authorities;
- Being prepared to address findings arising from internal and external audits, investigations and inspections, monitoring and surveillance, and financial crime validation testing;
- Providing guidance to the business on reporting requirements for anti-bribery and corruption matters;
- Ensuring accurate information on internal and external reporting available for local risk and board reporting (as well as at Group level via the joint report).
- Minimum of six years’ experience in financial services or, a degree level education and four years’ experience in financial services;
- Professional compliance or financial crime-related designation would be advantageous (ICA, CAMS);
- Proven understanding of financial crime reporting requirements in a financial services firm to be able to be the nominated MLRO for the entity;
- Experience in dealing with senior management, including presentation skills.