Back to previous results

Executive Director – AML Compliance

USD $180,000

Permanent

George Town, Cayman Islands


Job Description

Title: Executive Director - AML Compliance 
Job Type: Permanent
Location: Grand Cayman
Salary: US 150,000 - 180,000

Requirements:

  • Manage the AML compliance team with responsibility for all AML compliance matters
  • Act as an escalation point for KYC matters, PEPs, sanction screening alerts and transaction monitoring.
  • Approve high-risk rated relationships.
  • Support the development of the AML compliance team through training and interactions.
  • Act as a point of final review and response to queries from correspondent banks and other counterparties.
  • Develop and update AML related procedures.
  • Develop and disseminate AML related metrics to Senior Management, the Board and the ARC.
  • Act as the Deputy Money Laundering Reporting Officer.
  • Maintain knowledge of regulatory requirements for various entity types and corporate documentation requirements as well as understanding of structures.
  • Maintain knowledge of AML/CFT due diligence requirements and correctly apply CIMA AML/CFT requirements/exemptions for all components of complex multi-level organizational structures.
  • Ensures knowledge transfer amongst staff in relation to risk & compliance, provides thorough training, and manages and develops team members.
  • Able to articulate opinions and communicate decisions to senior management without undue influence

Qualifications:

  • Bachelor’s degree in Business, Finance, Law, or a related field (significant relevant experience may be considered in lieu of a formal degree)
  • A compliance qualification is a plus (ACAMS or ICA Diploma)

Experience:

  • A minimum of 7 years’ experience working in an AML or compliance role in financial services.
  • Extensive knowledge of Cayman Islands AML regulations.
  • Experience working in a banking role or with the financial service provider servicing the funds industry (fund administration or a law firm).
  • Supervisory experience a must

Contact: tayla@baraud.com for more information

APPLY FOR THIS JOB

Any questions?

Tayla Niemand

1-345-769-1782

tayla@baraud.com

CONTACT US

Like this job post?
Share it with your friends!

You can earn up to $500 simply by referring your friend to Baraud. Learn More.