Head of Compliance (Cayman Islands) at Ocorian

George Town, , Cayman Islands -

Full Time

Start Date

Immediate

Expiry Date

27 Apr, 26

Salary

0.0

Posted On

27 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compliance, Regulatory Risk, Anti-Money Laundering, Risk Management, Corporate Governance, Training, Policy Development, Communication, Interpersonal Skills, Leadership, Organizational Skills, Negotiation, Data Protection, KYC, Due Diligence, Monitoring

Industry

Financial Services

Description

Company Description Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices. With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian. Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise. Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients. Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines. Job Description Purpose of the job The local Head of Compliance will cover all areas of statutory and regulatory compliance in the Cayman Islands. Responsible for the development of local policies and procedures to improve services and to ensure they are followed, monitored and reviewed with the objective of always providing services of the highest standard and quality and any other such activities as may be required by the role. To work alongside Group Risk & Compliance to ensure that the group’s minimum compliance standards are achieved and, where a high standard needs to be applied, ensure that compliance with local regulations are achieved. Main Responsibilities Designated Anti-Money Laundering Compliance Officer for Ocorian Trust (Cayman) Limited and Ocorian Law (Cayman) Limited (collectively known as Ocorian Cayman) Money Laundering Reporting Officer for Ocorian Cayman Lead the execution and enhancement of the compliance programme for Ocorian Cayman in line with Ocorian Cayman’s risk appetite Advisor to Ocorian Cayman and the board of directors, executive committee of directors, risk committee, managers, and employees on issues of compliance, regulation, risk management, corporate governance, areas of best practice and internal policies and procedures To be responsible for the day-to-day management of the internal compliance team and effective management of workloads Have an excellent understanding of the exposures to regulatory risk within a financial services organisation Provide guidance and on-going training to Ocorian Cayman and specialised training to the internal compliance team, cross training and development and ensuring cover where necessary Ensure file reviews and audit checks are completed within service level agreements Business acceptance – prepare summary of proposed business transactions to present to the relevant sub-committees of the board KYC/Customer Due Diligence (CDD) analysis and advice Identify, draft, and update local policies and procedures as required based upon Ocorian Group’s minimum standards Ensure systems are in place for compliance monitoring Oversee the maintenance of a variety of standard compliance registers Responsible for the relationship with any local regulatory body Ensure the compliance monitoring programs are fit for purpose and that monitoring activity is conducted on schedule in accordance with the compliance monitoring plan for Ocorian Act as a subject matter expert on regulatory matters and financial crime detection and prevention requirements Design and deliver training on various aspects of regulations, internal policies and procedures, corporate governance, compliance and risk management, basic anti-money laundering provisions Attend management meetings Draft and present reports on various compliance and regulatory matters Attend seminars and conferences to ensure knowledge of applicable regulations is up to date Promote a positive compliance culture at all levels throughout the business Principal contact for the Cayman Islands Monetary Authority Qualifications Knowledge, Skills & Experience 10 years’ experience in a similar role. Educated to Diploma level An established leader with strong people management skills Excellent organisational, communication and interpersonal skills along with a commitment to working as part of a global team Strong interpretation and negotiation skills Ability to delegate and develop others’ base skill set Successfully provides strategic support to practice areas Strong technical skills in relation to compliance and data protection legislation are essential Ability to produce management information and to deliver projects within given deadlines Additional Information All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. These are: We are CLIENT CENTRIC – Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges. We are AMBITIOUS – We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be. We are AGILE – We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective. We are COLLABORATIVE – With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes. We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships. Equal Opportunities for Everyone Please let us know if there’s anything we can do to make the process easier for you. You can reach us at [email protected]. We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status. information will be kept confidential according to EEO guidelines. Region: Americas Jurisdiction: Cayman

Responsibilities

The Head of Compliance will oversee all statutory and regulatory compliance in the Cayman Islands, ensuring adherence to local regulations and the development of policies and procedures. They will also act as the designated Anti-Money Laundering Compliance Officer and provide guidance and training to the internal compliance team.