Compliance Officer Job Description in Guyana: A Critical Role at GraceKennedy Remittance Services (Guyana) Limited

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Job Overview

A crucial role has opened up at GraceKennedy Remittance Services (Guyana) Limited, requiring a seasoned professional to manage risk and compliance for the company. The successful candidate will be responsible for overseeing the implementation of anti-money laundering (AML) and anti-terrorism financing (ATF) regulations, ensuring that all statutory requirements are met.

Responsibilities

• Oversee the implementation of AML and ATF regulations
• Monitor the company’s regulated entities to ensure compliance with AML and ATF regulations
  • Identify potential areas of vulnerability
  • Develop corrective action plans
  • Escalate non-compliance issues as necessary
• Ensure timely completion of audit recommendations
• Report potential violations to enforcement agencies
• Liaise with regulators to maintain regulatory compliance
• Conduct compliance training for sub-agents, customer service representatives, and all staff members
• Develop and implement sanctions for non-compliance by agents
• Enforce penalties as required

Requirements

To qualify for this position, candidates must possess:

• A Bachelor’s degree in Management Studies or a related business field
• At least three years’ experience in monitoring and analyzing transactions to prevent money laundering and terrorist financing
• Anti-money laundering compliance certification is an asset, although not mandatory
• In-depth knowledge of AML and ATF regulations
• Strong analytical and leadership skills

Ideal Candidate

The ideal candidate will be a highly organized and detail-oriented professional with excellent communication skills. If you are looking for a challenging role that requires strong analytical and leadership skills, we encourage you to apply for this critical position at GraceKennedy Remittance Services (Guyana) Limited.