HR751: Senior Compliance Officer | Bermuda

September 6

Apply Now

Receive Emails with Similar Jobs

Hamilton Recruitment (Caribbean & Asia-Pacific)

WebsiteLinkedInAll Job Openings

If you believe you deserve an exceptional career, together we’ll make it happen.

Financial Services Recruitment • Accountancy • Legal • Trusts • Audit

11 - 50

Description

• Assesses information and documentation received, for corroborative or verification purposes • Perform conflict of interest checks and file openings using Intake and other AdEx-related software • Screen new and existing business relationships using the company Compliance Department’s chosen intelligence service • Perform relevant workflows in the relevant company system including, but not limited to, customer due diligence, and risk reviews • Facilitates training sessions in relation to: internal compliance processes and controls and broader financial crime prevention, on topics such as Money Laundering, Terrorist Financing, Bribery & Corruption, Fraud and Financial Sanctions evasion • Provides regular and accurate management reports covering the performance of the compliance team – including monitoring activities, significant matters highlighted for escalation and/or regulatory breaches • Assists in drafting and updating the firm’s policies and procedures, from a Compliance perspective • Assists with the collation of data to be used for regulatory reporting • Assists with the execution of internal financial crime risk assessments, such as file testing and staff interviews • Perform Periodic Monitoring of Higher Risk matters and clients • Assist with Independent AML Audits of the firm • Provides expert advice to law firm staff in relation to local and international developments in Money Laundering, Terrorist Financing, Sanctions, Bribery and Corruption Rules and Regulations • Participate on various risk management committees, including acting as proxy for the Compliance Manager, as required • Provide direct and indirect support to fee earners through the provision of regulatory and compliance advice • Ensure that all compliance issues within the Bermuda office are appropriately evaluated, investigated and resolved • Provide Know Your Customer (KYC) and Customer Due Diligence (CDD) analysis and advice to Management • Act as Deputy MLRO and Provide support to the MLRO as required • Ensure compliance with regulatory obligations whilst taking a commercial and practical approach to risk based challenges and offer appropriate solutions • Attend management meetings and prepare reports on various compliance and regulatory matters as required • Develop/revise policies and procedures on associated matters as required • Liaise with all associated regulatory bodies such as, the Barristers & Accountants AML/ATF Board, the Bermuda Law Society and auditors where required • Assisting the Director of Compliance in the execution of their duties, and covering their responsibilities in their absence, including providing direction to the junior members of the Compliance Team as necessary

Requirements

• An advanced compliance designation, issued by the ICA, ACAMS or some other equivalent body • At least 7 years’ experience in a similar financial crime or regulatory compliance role(s) • Strong analytical and problem-solving skills • Excellent time-management and organizational skills • Exceptional writing skills, including the ability to prepare meeting minutes, produce reports including detailed assessments and/or outlining recommendations, drafting of policy or procedural documents; • Knowledge of international standards and recent developments in the fields of Money Laundering, Terrorist Financing, Financial Sanctions and Bribery & Corruption by groups such as the FATF, the UN, OFAC, HM Treasury etc. • Detailed knowledge of Bermuda regulatory requirements governing the provision of legal services • Certifications or experience in these areas would be an asset: Planning and facilitating training, Supervision and team management, Investigations and suspicious activity reporting • Proficiency using the Microsoft Office suite of applications, including Word, Excel and PowerPoint