COMPLIANCE OFFICER – BERMUDA – 10% TAX – HR752

About this opportunity

Our client is seeking a dynamic and experienced professional to join them as Compliance Officer, based in their Bermuda office.

Principal duties and responsibilities:

• 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 internal financial crime risk assessments
• Assists with the execution of internal financial crime risk assessments, such as file testing and staff interviews
• Provides expert advice in relation to international developments in various financial crime mitigation strategies
• Participate on various risk management committees as required
• Provide oversight and coverage of the Companies and Property Searches function where necessary
• Assisting the Director of Compliance in the execution of their duties, as directed

What you’ll need

• A compliance or legal designation, issued by the ICA/ACAMS/CILEx or some other equivalent body
• At least 5 years’ experience in a similar financial crime or regulatory compliance role(s)
• Strong analytical and problem-solving skills, excellent time-management & 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
• A demonstrable understanding 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 IMF, the UN, OFAC, HM Treasury etc.
• A working 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

How to apply

• To apply, attach your résumé or include a link to your LinkedIn profile
• If you don't provide one of the above, we can't progress your application

For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.

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Last updated on Oct 18, 2024