Financial Crime World

Compliance Officer Roles and Responsibilities in U.S. Virgin Islands Take Center Stage

The Economic Development Authority (EDA) of the U.S. Virgin Islands is seeking a qualified Compliance Officer I to join their team. This critical role involves ensuring compliance with EDC programs and regulations, making it an exciting opportunity for those interested in public service and administration.

Job Summary

Under the direct supervision of the Senior Compliance Officer, the Compliance Officer I will be responsible for:

  • Observing compliance activities of tax-exempt eligible companies under the EDC programs
  • Conducting site visits and routine audits of beneficiaries
  • Maintaining accurate records and examining reports in accordance with EDC rules and regulations

Key Responsibilities

Core Duties

  • Maintain accurate records and examine reports in accordance with EDC rules and regulations
  • Prepare EDC report cards, generate beneficiary wage analysis reports, and cost-benefit analyses
  • Conduct site and oral interviews with beneficiaries
  • Assist the Senior Compliance Officer in conducting orientation meetings

Requirements

Education

  • Bachelor’s degree in a related field (business administration, accounting, economics)

Experience

  • At least 2-3 years of compliance experience

Skills

  • Demonstrated communication, analytical, interpersonal, and organizational skills

Preferred Qualifications

Additional Education

  • Master’s degree in Business Administration, Accounting, Economics, or a related field

Relevant Experience

  • Experience or educational background in public speaking, finance, economics, business operations, industry standards, compliance certification, tax accounting, and financial auditing.

Work Environment

This position operates in a professional office environment and requires the ability to lift up to 20 pounds of force. Approximately 25% of work time is spent on travel.

How to Apply

To apply for this exciting opportunity, submit a letter outlining interest and qualifications for the job along with a resume by February 10, 2023, to HR@usvieda.org. The position will remain open until filled.