Money Laundering Reporting and compliance officer for a management Company
Reporting to the Board of Directors, the successful candidate will be responsible for:
Main responsibilities:
Develop internal policies relating to Anti Money Laundering and oversee their implementation.
Carry out in depth Customer Due Diligence Checks of all entities and individual clients.
Prepare reports annually and such other periodic reports on adequacy/shortcomings of internal controls and other AML/CFT procedures implemented.
Monitor the day-to-day administration transactions / operations.
Review internal procedures manuals on a regular basis to ensure it is up to date and recommend any improvements as may be required.
Properly evaluate/ investigate internal suspicious reports.
Verify equivalent and non-equivalent jurisdictions/high risk countries of entities/individuals.
Perform risk assessment in terms of identification of risk factors (connection with high risk countries).
Review all documents/agreements/ contracts from a compliance perspective.
Monitor, and as necessary, coordinate compliance activities of other departments to remain abreast of the status of all the compliance activities and to identify trends.
Liaise with the authorities such as the Financial Services Commission (FSC) and other relevant statutory bodies.
Assist in organizing board meetings and drafting and preparing of board packs.
Ensure that the review and update of manuals are as per legislation and company standards.
Qualification :
Holder of a degree/masters in Law/Finance.
Over 2 years experience in the offshore sector, at least 2 years of which in a similar position.
Candidate profile:
Proven track record in a similar position.
Master finance, offshore and Money Laundering legislation.
Good knowledge of offshore sector.
Self-motivated and proactive.
Ability to work in autonomy.
Confident and ambitious person who can assist senior management in decision making.
Able to work in a team and be an excellent team player.
Excellent communication and relationship management skills.
Ability to work under pressure and meet tight deadlines.
Must be fluent in English and French in both written and spoken.
Treat confidential files with complete discretion.
Strong analytical skills and efficient planning
** Salary - TBA
22/07/2019
Full time
Money Laundering Reporting and compliance officer for a management Company
Reporting to the Board of Directors, the successful candidate will be responsible for:
Main responsibilities:
Develop internal policies relating to Anti Money Laundering and oversee their implementation.
Carry out in depth Customer Due Diligence Checks of all entities and individual clients.
Prepare reports annually and such other periodic reports on adequacy/shortcomings of internal controls and other AML/CFT procedures implemented.
Monitor the day-to-day administration transactions / operations.
Review internal procedures manuals on a regular basis to ensure it is up to date and recommend any improvements as may be required.
Properly evaluate/ investigate internal suspicious reports.
Verify equivalent and non-equivalent jurisdictions/high risk countries of entities/individuals.
Perform risk assessment in terms of identification of risk factors (connection with high risk countries).
Review all documents/agreements/ contracts from a compliance perspective.
Monitor, and as necessary, coordinate compliance activities of other departments to remain abreast of the status of all the compliance activities and to identify trends.
Liaise with the authorities such as the Financial Services Commission (FSC) and other relevant statutory bodies.
Assist in organizing board meetings and drafting and preparing of board packs.
Ensure that the review and update of manuals are as per legislation and company standards.
Qualification :
Holder of a degree/masters in Law/Finance.
Over 2 years experience in the offshore sector, at least 2 years of which in a similar position.
Candidate profile:
Proven track record in a similar position.
Master finance, offshore and Money Laundering legislation.
Good knowledge of offshore sector.
Self-motivated and proactive.
Ability to work in autonomy.
Confident and ambitious person who can assist senior management in decision making.
Able to work in a team and be an excellent team player.
Excellent communication and relationship management skills.
Ability to work under pressure and meet tight deadlines.
Must be fluent in English and French in both written and spoken.
Treat confidential files with complete discretion.
Strong analytical skills and efficient planning
** Salary - TBA
Our Firm in the financial sector, is looking for a Compliance Officer/MLRO Reporting functionally to the Group Compliance Officer and administratively to the Chief Executive Officer, the successful candidate will be responsible to implement and administer Compliance Management for the Company. Main responsibilities : Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) duties as required by the Mauritius laws :
Acting as the contact point responsible and liable for all AML/CFT compliance duties as per below.
Implement internal AML/CFT compliance programmes and procedures, including reporting and proper maintenance of records.
Identify and report suspicious transactions to the Financial Intelligence Unit (FIU).
Carry out ongoing monitoring of ML/TF within the entity including setting up of structures that will allow continuity of ML/TF monitoring in the compliance officers absence.
Ensure that there is ongoing training of staff on AML/CFT and keeping records of the said training and attendees.
Ensure that at all times you have full and timely access to customer identification data transaction records and other relevant information.
Experience working with FSC
General Compliance duties : Regulatory Interaction :
Review all regulatory interaction received by the Regulator.
Coordinate responses to all regulatory requests for information.
Draft the necessary communication to Regulators.
Risk Management Plans :
Compile and maintain a Register of Legislation which contains all such laws, regulations, rules and standards applicable to the entities.
Compile and maintain a Register of Obligations listing all applicable regulatory obligations and associated key internal and external compliance risks.
Implement routine and compliance monitoring procedures in order to ensure the entity is compliant with relevant compliance policies, procedures and obligations.
Policies and Procedures :
Together with the Group Compliance Officer, perform compliance planning, develop compliance policies and procedures and collaborate closely with the operations teams for each business silo as required.
Review and monitor internal practices and procedures to ensure compliance with regulatory and Group requirements and current policies.
Guidance/Advice :
Provide guidance and advice on compliance related issues to key stakeholders both within the compliance and the business silos, delivering timely, reliable and quality orientated service to stakeholders.
Escalate key compliance breaches to senior management and be involved in the enforcement of any remedial action which shall include disciplinary action for internal staff breaches with regard to compliance breaches.
Training/Awareness :
Assist the Group Compliance Officer to identify any changes/enhancements required in terms of existing compliance related training or the need to develop new training programmes.
Deliver training in accordance with the compliance training program (AML, Market Abuse, etc).
Fund accounting duties that may not conflict with the Compliance Officer role such as :
Preparation of financials.
Monthly audit schedules.
Performance reporting.
Client reporting
Qualification :
A relevant undergraduate qualification (BA LLB, BA Economics/Risk Management or similar degree is preferable).
A relevant Compliance Officer’s Examination will be advantageous.
A Master’s qualification and/or an accounting (CPA/ACCA) qualification would be an added advantage.
Candidates will have no less than three years relevant experience.
Experience within the financial services industry is essential.
Candidate profile :
Familiarity with and knowledge of the compliance and regulatory requirements of an investment bank or financial institution operating in Africa would be a strong preference.
An excellent command of English, both written and verbal, is a requirement of the role.
Self-assurance and a confident manner.
Excellent interpersonal and communication skills, both verbal and written.
Established negotiation skills and sound judgement.
Ability to handle multiple tasks within strict time frames within a fast-paced environment.
Strong attention to detail.
A self-starter who shows initiative and assumes responsibility for projects.
Ability to work independently.
A ‘team player’ who interacts confidently with senior management, clients and professional advisors.
A strong work ethic.
22/07/2019
Full time
Our Firm in the financial sector, is looking for a Compliance Officer/MLRO Reporting functionally to the Group Compliance Officer and administratively to the Chief Executive Officer, the successful candidate will be responsible to implement and administer Compliance Management for the Company. Main responsibilities : Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) duties as required by the Mauritius laws :
Acting as the contact point responsible and liable for all AML/CFT compliance duties as per below.
Implement internal AML/CFT compliance programmes and procedures, including reporting and proper maintenance of records.
Identify and report suspicious transactions to the Financial Intelligence Unit (FIU).
Carry out ongoing monitoring of ML/TF within the entity including setting up of structures that will allow continuity of ML/TF monitoring in the compliance officers absence.
Ensure that there is ongoing training of staff on AML/CFT and keeping records of the said training and attendees.
Ensure that at all times you have full and timely access to customer identification data transaction records and other relevant information.
Experience working with FSC
General Compliance duties : Regulatory Interaction :
Review all regulatory interaction received by the Regulator.
Coordinate responses to all regulatory requests for information.
Draft the necessary communication to Regulators.
Risk Management Plans :
Compile and maintain a Register of Legislation which contains all such laws, regulations, rules and standards applicable to the entities.
Compile and maintain a Register of Obligations listing all applicable regulatory obligations and associated key internal and external compliance risks.
Implement routine and compliance monitoring procedures in order to ensure the entity is compliant with relevant compliance policies, procedures and obligations.
Policies and Procedures :
Together with the Group Compliance Officer, perform compliance planning, develop compliance policies and procedures and collaborate closely with the operations teams for each business silo as required.
Review and monitor internal practices and procedures to ensure compliance with regulatory and Group requirements and current policies.
Guidance/Advice :
Provide guidance and advice on compliance related issues to key stakeholders both within the compliance and the business silos, delivering timely, reliable and quality orientated service to stakeholders.
Escalate key compliance breaches to senior management and be involved in the enforcement of any remedial action which shall include disciplinary action for internal staff breaches with regard to compliance breaches.
Training/Awareness :
Assist the Group Compliance Officer to identify any changes/enhancements required in terms of existing compliance related training or the need to develop new training programmes.
Deliver training in accordance with the compliance training program (AML, Market Abuse, etc).
Fund accounting duties that may not conflict with the Compliance Officer role such as :
Preparation of financials.
Monthly audit schedules.
Performance reporting.
Client reporting
Qualification :
A relevant undergraduate qualification (BA LLB, BA Economics/Risk Management or similar degree is preferable).
A relevant Compliance Officer’s Examination will be advantageous.
A Master’s qualification and/or an accounting (CPA/ACCA) qualification would be an added advantage.
Candidates will have no less than three years relevant experience.
Experience within the financial services industry is essential.
Candidate profile :
Familiarity with and knowledge of the compliance and regulatory requirements of an investment bank or financial institution operating in Africa would be a strong preference.
An excellent command of English, both written and verbal, is a requirement of the role.
Self-assurance and a confident manner.
Excellent interpersonal and communication skills, both verbal and written.
Established negotiation skills and sound judgement.
Ability to handle multiple tasks within strict time frames within a fast-paced environment.
Strong attention to detail.
A self-starter who shows initiative and assumes responsibility for projects.
Ability to work independently.
A ‘team player’ who interacts confidently with senior management, clients and professional advisors.
A strong work ethic.
MeritWise Capital Assets Managers Ltd
Ebène, Quatre Bornes, Mauritius
Compliance Officer/MLRO Reporting functionally to the Group Compliance Manager and Head of Mauritius office and administratively to the Chief Executive Officer, the successful candidate will be responsible to plan, implement and administer Compliance Management for the Company and coordinate the compliance to the Group Compliance Manager.
Main Duties : Compliance/Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) duties as required by the Mauritius laws :
Acting as the contact point internally and externally and be responsible and liable for all AML/CFT compliance duties as per below.
Plan / Implement internal AML/CFT compliance programmes and procedures, including reporting and proper maintenance of records.
Ensure protection and safekeeping of documents (hardcopy and electronic)
Coordinate with the Group Compliance Manager.
Identify and report suspicious transactions to the Group Compliance Manager.
Carry out ongoing monitoring of ML/Terrorism Financing (TF) within the entity including setting up of structures that will allow continuity of ML/TF monitoring in the compliance officers absence.
Ensure that there is ongoing training of staff on AML/CFT and keeping records of the said training and attendees.
Ensure that at all times you have full and timely access to client identification data transaction records and other relevant information.
General Compliance duties : Regulatory Interaction :
Review all regulatory interaction received by the Regulator.
Coordinate responses to all regulatory requests for information.
Draft the necessary communication to Regulators.
Risk Management Plans :
Compile and maintain a Register of Legislation which contains all such laws, regulations, rules and standards applicable to the entities.
Compile and maintain a Register of Obligations listing all applicable regulatory obligations and associated key internal and external compliance risks.
Implement routine and ad hoc compliance monitoring procedures in order to ensure the entity is compliant with relevant compliance policies, procedures and obligations.
Policies and Procedures :
Together with the Group Compliance Officer, perform compliance planning, develop compliance policies and procedures and collaborate closely with the operations teams for each business silo as required.
Review and monitor internal practices and procedures to ensure compliance with regulatory and Group requirements and current policies.
Guidance/Advice :
Provide guidance and advice on compliance related issues to key stakeholders both within the compliance and the business silos, delivering timely, reliable and quality orientated service to stakeholders.
Escalate key compliance breaches to senior management and be involved in the enforcement of any remedial action which shall include disciplinary action for internal staff breaches with regard to compliance breaches.
Training/Awareness :
Assist the Group Compliance manager to identify any changes/enhancements required in terms of existing compliance related training or the need to develop new training programmes.
Deliver training in accordance with the compliance training program (AML, Market Abuse, etc).
Fund accounting duties that may not conflict with the Compliance Officer role such as :
Preparation of financials.
Monthly audit schedules.
Performance reporting.
Client reporting
Candidate profile and Qualification :
Familiarity with and knowledge of the compliance and regulatory requirements
An excellent command of English, both written and verbal, is a requirement of the role.
Self-assurance and a confident manner.
Excellent interpersonal and communication skills, both verbal and written.
Established negotiation skills and sound judgement.
Ability to handle multiple tasks within strict time frames within a fast-paced environment.
A self-starter who shows initiative and assumes responsibility for projects.
Ability to work independently.
A ‘team player’ who interacts confidently with senior management, clients and professional advisors.
A strong work ethic.
A relevant undergraduate qualification (BA LLB, BA Economics/ Financial Risk Management or similar degree is preferable).
A relevant Compliance Officer’s Examination will be advantageous.
A Master’s qualification and/or an accounting (CPA/ACCA) qualification would be an added advantage.
Candidates will have no less than Five years relevant experience.
Experience and Knowledge within the financial services industry is essential.
22/07/2019
Full time
Compliance Officer/MLRO Reporting functionally to the Group Compliance Manager and Head of Mauritius office and administratively to the Chief Executive Officer, the successful candidate will be responsible to plan, implement and administer Compliance Management for the Company and coordinate the compliance to the Group Compliance Manager.
Main Duties : Compliance/Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT) duties as required by the Mauritius laws :
Acting as the contact point internally and externally and be responsible and liable for all AML/CFT compliance duties as per below.
Plan / Implement internal AML/CFT compliance programmes and procedures, including reporting and proper maintenance of records.
Ensure protection and safekeeping of documents (hardcopy and electronic)
Coordinate with the Group Compliance Manager.
Identify and report suspicious transactions to the Group Compliance Manager.
Carry out ongoing monitoring of ML/Terrorism Financing (TF) within the entity including setting up of structures that will allow continuity of ML/TF monitoring in the compliance officers absence.
Ensure that there is ongoing training of staff on AML/CFT and keeping records of the said training and attendees.
Ensure that at all times you have full and timely access to client identification data transaction records and other relevant information.
General Compliance duties : Regulatory Interaction :
Review all regulatory interaction received by the Regulator.
Coordinate responses to all regulatory requests for information.
Draft the necessary communication to Regulators.
Risk Management Plans :
Compile and maintain a Register of Legislation which contains all such laws, regulations, rules and standards applicable to the entities.
Compile and maintain a Register of Obligations listing all applicable regulatory obligations and associated key internal and external compliance risks.
Implement routine and ad hoc compliance monitoring procedures in order to ensure the entity is compliant with relevant compliance policies, procedures and obligations.
Policies and Procedures :
Together with the Group Compliance Officer, perform compliance planning, develop compliance policies and procedures and collaborate closely with the operations teams for each business silo as required.
Review and monitor internal practices and procedures to ensure compliance with regulatory and Group requirements and current policies.
Guidance/Advice :
Provide guidance and advice on compliance related issues to key stakeholders both within the compliance and the business silos, delivering timely, reliable and quality orientated service to stakeholders.
Escalate key compliance breaches to senior management and be involved in the enforcement of any remedial action which shall include disciplinary action for internal staff breaches with regard to compliance breaches.
Training/Awareness :
Assist the Group Compliance manager to identify any changes/enhancements required in terms of existing compliance related training or the need to develop new training programmes.
Deliver training in accordance with the compliance training program (AML, Market Abuse, etc).
Fund accounting duties that may not conflict with the Compliance Officer role such as :
Preparation of financials.
Monthly audit schedules.
Performance reporting.
Client reporting
Candidate profile and Qualification :
Familiarity with and knowledge of the compliance and regulatory requirements
An excellent command of English, both written and verbal, is a requirement of the role.
Self-assurance and a confident manner.
Excellent interpersonal and communication skills, both verbal and written.
Established negotiation skills and sound judgement.
Ability to handle multiple tasks within strict time frames within a fast-paced environment.
A self-starter who shows initiative and assumes responsibility for projects.
Ability to work independently.
A ‘team player’ who interacts confidently with senior management, clients and professional advisors.
A strong work ethic.
A relevant undergraduate qualification (BA LLB, BA Economics/ Financial Risk Management or similar degree is preferable).
A relevant Compliance Officer’s Examination will be advantageous.
A Master’s qualification and/or an accounting (CPA/ACCA) qualification would be an added advantage.
Candidates will have no less than Five years relevant experience.
Experience and Knowledge within the financial services industry is essential.
