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Compliance Officer Responsibilities in Cayman Islands Take Center Stage
In an effort to strengthen its compliance framework, a leading financial institution in the Cayman Islands has announced an exciting opportunity for a seasoned Compliance Officer.
Reporting Structure and Key Responsibilities
Reporting directly to the Compliance Head, this key role will be responsible for ensuring that all client entities are compliant with global and local laws, rules, and regulations. As part of the team, the successful candidate will take on AMLCO, MLRO, and DMLRO appointments for assigned client entities, providing expert guidance on Anti-Money Laundering (AML) best practices.
Key Responsibilities
- Reviewing and interpreting relevant laws and industry standards
- Ensuring company activities align with regulatory requirements
- Identifying and reporting suspicious activity
- Writing procedures, developing forms, and keeping them up to date with evolving regulations
- Monitoring internal compliance processes
- Staying abreast of regulatory changes
- Serving as the primary point of contact for relevant authorities
Requirements
To succeed in this role, candidates must possess:
- A university degree in a relevant field
- At least five years of compliance-related experience in a financial or professional services institution
- A recognized compliance qualification such as CAMS is preferred
- Prior experience acting as an AML Officer
- Strong communication skills
- A detailed understanding of AML laws and regulations
Compensation and Benefits
In return for their expertise, the successful candidate can expect a competitive salary range of $110-150k USD per annum, plus benefits. The institution prides itself on fostering inclusive workplaces and is happy to consider any reasonable adjustments that candidates may require during the recruitment process.
Join a Leading Financial Institution in the Cayman Islands
If you’re a seasoned compliance professional looking for a new challenge, don’t miss this opportunity to join a leading financial institution in the Cayman Islands. Apply now to learn more about this exciting role!