Are you ready to embark on an exhilarating career journey where you play a pivotal role in ensuring financial integrity and regulatory compliance? We are seeking a dynamic and motivated Funds Compliance Officer to our client’s team and take charge of a critical role that covers the regulated positions of Money Laundering Compliance Officer and Money Laundering Reporting Officer.

The post holder will have a direct reporting line to the Non-executive directors and will meet with the Non-executive directors, as required at their request, independently of the wider Board.

In return our client offers offers opportunities for professional growth and development, competitive compensation and benefits with hybrid working.

KEY RESPONSIBILITIES:

• Serve as the Money Laundering Compliance Officer (MLCO) and Money Laundering Reporting Officer (MLRO) within the organisation
• Ensure all JFSC regulations and codes of practice are correctly incorporated into the company’s policies and procedures
• Preparation of papers, attendance and minuting the proceedings of the Risk and Compliance Committee meetings
• Representing the company to all relevant external agencies (such as JFSC, JFCU),
• Maintain awareness of his/her and the company’s responsibilities under the applicable laws and JFSC Handbook for the Prevention and Detection of Money Laundering and the Financing of Terrorism
• Design, implement, and continuously improving the Anti-Money Laundering (AML) and compliance programs
• Conduct in-depth due diligence on clients, transactions, and counterparties to detect and prevent suspicious activities
• Develop, enhance, and execute risk-based AML and CTF training programs for employees
• Collaborate with cross-functional teams to stay ahead of emerging AML, risks and regulatory changes
• Prepare and submit timely reports to regulatory authorities as required
• Conduct internal investigations and audits to ensure adherence to policies and procedures
• Keep abreast of industry trends, best practices, and regulatory developments to proactively identify compliance gaps and recommend corrective actions

QUALIFICATIONS AND EXPERIENCE:

• Experienced in dealing with compliance and regulatory matters
• Hold a relevant professional qualification or working towards it
• Must be accepted as a JFSC key person
• Must be willing to undergo ongoing training
• A deep understanding of local regulations and best practices

SKILLS AND ATTRIBUTES:

• Exceptional analytical skills and attention to detail
• Strong communication and interpersonal skills
• The ability to adapt quickly to a dynamic regulatory environment
• A passion for staying at the forefront of compliance and finance