|Job Location||Grand Cayman|
|Date Posted||March 13, 2020|
Affinity Recruitment is partnered exclusively with a multinational business to assist in their search for a Vice President – Regulatory Services.
Provide supervisory oversight in Cayman for new and existing business;
Perform Quality Assurance function on new account opening and existing business to ensure adherence to CDD standards and requirements;
Review Client Suitability and source of funds for new business;
Independently review approvals for new/existing clients on the various alerts e.g. Account Closure Recommendations/ACRs, Negative News, SPF/PEP, Economic Sanctions, etc.;
Review supervision reporting;
Monitor day to day Cayman operations e.g. signage, securing client files, escalation, exception reporting, and any other duties that may be assigned;
Perform independent enhanced due diligence as required by AML policy and overall general business policy and procedures;
Serve as a point of contact and lead representative to internal and external audits;
Presentation on supervision related topics to various groups such as Leadership, Board of Directors, Staff etc.
Bachelor’s degree or equivalent work experience
Minimum (5) years in Compliance, AML and/or legal, audit, risk management role;
Proven ability to manage risk and make sound decisions by having a deep understanding of industry regulations, supervisory requirements, policies/procedures, wealth management concepts, and financial services products.
Salary and benefits will be commensurate with experience and qualifications.
To apply for this job email your CV/Resume to email@example.com