Compliance Officer Job Description in Cayman Islands
Job Summary
A leading financial services firm based on Grand Cayman is seeking a highly skilled Compliance Officer to join its team. As a key member of the compliance department, you will be responsible for ensuring that the business operates in accordance with global and local laws, rules, and regulations.
Responsibilities
Key Accountabilities
- Report to the Compliance Head and take on AMLCO, MLRO, and DMLRO appointments for assigned client entities
- Ensure all company activities and operations are carried out in compliance with relevant laws and regulations
- Review, interpret, and advise on relevant laws and industry best practices pertaining to Anti-Money Laundering (AML)
- Keep abreast of regulatory, legislative, and best practice changes, including possible impacts
Additional Duties
- Assist in identifying and reporting suspicious activity
- Write procedures, develop forms, and keep such procedures and forms up to date with new developments
- Review internal compliance procedures on a regular basis
- Act as the point of contact for any other relevant regulatory authorities
Requirements
Education and Experience
- University degree in a relevant discipline (e.g. law, finance, business)
- Minimum 5 years’ experience in compliance-related work in a financial or professional services institution
- Recognized compliance qualification preferred (CAMS or similar)
Skills and Knowledge
- Prior experience acting as an AML Officer
- Detailed understanding of laws, rules, and regulations pertaining to AML Compliance
- Excellent communication skills (written and oral)
Salary and Benefits
$110-150k USD per annum, plus benefits. Our firm values inclusive workplaces and is happy to consider any reasonable adjustments that candidates may require during the recruitment process.
If you are a motivated and experienced compliance professional looking for a new challenge, we encourage you to apply!