Head of Finance #16772
July 12, 2019
Administrative Assistant #16782
July 19, 2019

Executive Director – AML Compliance

Job Type Permanent
Job Number 16779
Job Location Grand Cayman
Date Posted July 18, 2019
Salary $120,000 - $190,000

Affinity Recruitment has been engaged by a highly reputable, multinational FS organization to assist with their search for an Executive Director to join their Compliance team.


Develop and disseminate AML related metrics to senior management, the Boards and the Audit and Risk Committee;
Foster a risk-based approach to AML within the business through training, presentations and interactions. Act as an escalation point for review of new accounts flagged as high risk, PEPs, screening hits and transaction monitoring;
Provides final approval of all new clients, classified as high risk/PEP;
Prepares reports and KPIs for the CCO, MD, ARC & Board of Directors, including relevant trend analysis;
Ensure periodic reviews of client files are completed at a frequency appropriate to their risk rating, with a focus on those flagged as high risk;
Maintain knowledge of the current AML/CFT due diligence requirements and ensure that they are correctly applied by the onboarding and AML compliance team particularly for all components of complex multi-level organizational structures;
Mentor and develop team members, considering their training and development needs;
Ensure adequate cover within the team at all times, particularly during holidays and other scheduled absences;
Promotes and sustains a risk-based approach in accordance with the business’ risk appetite statement;
Actively question methods and processes with a view to making the team more effective and efficient and ensuring that regulatory obligations are being met;
Ensure all internal reporting in relation to any suspicious activity identified is provided in accordance with the procedures and on a timely basis;
Identify AML risk, and establish monitoring processes to ensure quality and standards are maintained and that the business is safeguarded from financial and reputational risks;
Develops/implements corrective action plans for resolution of problematic issues;
Develop, implement and monitor policies and procedures within the AML & On-boarding Team;
Provide overall guidance and support to team members on a daily basis.


Four-year degree in Business, Finance, or a related field. Significant relevant experience can be considered in lieu of a formal degree;
Minimum of 10+ years’ post-qualification experience in dealing with AML in relation to corporate structures in the offshore environment;
ACAMS certification preferred;
Flexibility and the ability to make good judgment calls with minimal guidance;
Strong team management and mentoring skills;
Proven experience of challenging and influencing senior stakeholders.

In return, a fantastic remuneration is on offer commensurate with experience and qualifications, as well as a full range of premium benefits.

To apply for this job email your CV/Resume to mike@affinity.ky

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