Risk and Complience Director, Caribbean Island

Risk and Complience Director
Billionare Commercial
Caribbean Island
Offshore

The successful candidate will be responsible for managing all aspects of the enterprise risk & compliance portfolio, ensuring that risk is minimized and there is full compliance among the various business units, with established laws, regulations, policies and procedures.

MAIN DUTIES AND RESPONSIBILITIES
RISK MANAGEMENT:
• Ensuring the development, implementation, and ongoing maintenance of a risk assessment framework.
• Monitoring and updating policies and procedures for risk measures in the various business units.
• Monitoring the risk register and identifying potential changes in the environment affecting the segment.
• Ensuring risk registers align with key business objectives.
• Providing support to risk owners in defining and rating risks.
• Communicating industry and regulatory updates and assisting in third-party due diligence.
• Conducting risk assessments for all business units.
• Reporting on risk assessments, trends and control weaknesses to senior management.
• Overseeing and monitoring the closure of internal/external audit matters.
• Conducting self-audits to ensure adequacy of controls and compliance with policies and procedures.
• Assisting in annual business continuity planning (BCP) activities, including risk assessments, business.
• impact analysis, and testing exercises.
• Facilitating risk management training to increase awareness and participation at the entity level.
• Supporting the building of a risk culture in keeping with the stipulations of the FSC and other regulatory bodies.

COMPLIANCE:
• Updating policies, procedures, and programmes including those related to Anti- Money Laundering.
• (AML), Counter-Financing of Terrorism  (CFT) and Counter-Proliferation Financing (CPF) compliance.
• Ensuring staff are trained, at least annually, on AML/CFT/CPF and fraud awareness.
• Assisting in the development and revision of compliance matrices, programmes and policies to
• reflect changes in the organization’s needs, laws, regulations, and procedures related to compliance issues, at least annually, or as required.
• Informing and training staff on changes to policies and procedures.
• Monitoring and testing, on an ongoing basis, the effectiveness of the compliance programmes and the taking of the required corrective actions when and where required.
• Ensuring the completion and timely submission of all regulatory reports to the responsible bodies within the respective territories.
• Laundering certificate (ex. Certified Anti-Money Laundering Specialist).
• A professional risk management certification.
• Bachelor’s degree in Risk Management, Management Studies, Finance, Accounts or equivalent.
• Strong working knowledge with understanding and interpreting legislation.
• Three (3) years’ experience in a similar capacity.
• Knowledge of the Regulations and Acts governing the financial services industry.
• Knowledge of the various regulations. governing AMLA/CFT/CPF.
• Sound knowledge of the financial services industry.
• Facilitating the identification and mitigation of enterprise risk.
• Proficiency in Microsoft Office suite, e.g. WORD, EXCEL, POWERPOINT.
• Strong understanding of the use of information technology and the operation environment infinancial institutions.
• Strong communication and presentation skills. .
• Ability to develop policy and procedure documentation.
• Excellent interpersonal and analytical skills.
• Ability to maintain a high level of integrity and confidentiality.
• Ability to work in a fast-paced environment.

Interested? Please send your Microsoft Word CV to Jonny Scott-Slater, Vish Atari, Joey Polpero or Ashley Armstrong LLM.

E - uswwrecruitment@aol.com

We will contact you by email and arrange a preliminary discussion.

Discretion protection and secrecy are assured at all times.

We are currently invloved in seeking the above mentioned category of professional. We are speaking to candidates in the market using direct approach methodologies.