Senior Compliance Analyst / Alternate Compliance Officer

Job Summary

Responsible for the implementation of the regulatory compliance program, promoting a compliance culture and AML / CFT reporting requirements. Support enterprise-wide transformation and compliance modernization initiatives, including onboarding, transaction monitoring, and integration of emerging risk factors.

Responsibilities

• Continuous monitoring and analysis of all Massy Finance GFC transactions (Credit, Deposit, Forex and Investment) to ensure compliance with all regulatory guidelines
• Monitor compliance with the policy by performing regular and comprehensive compliance testing
• Assist Head, Compliance with individuals reporting known or suspected cases of non-compliance, wrongdoing, or suspicious activity
• Assist in reviewing all reports of suspicious transactions or suspicious activities made by members of staff and submit to the Head, Compliance
• Assist in providing ongoing and remedial feedback / recommendation to all staff for any breaches of non-compliance activities related to Massy Finance GFC
• Assist Head, Compliance with continuous monitoring of customer portfolio and ensure that Suspicious Activity / Suspicious Transactions are reported to Regulators / FIU within the statutory period
• Prepare and review suspicious activity reports for review of Head - Compliance, when required.
• Prepare and review all suspicious activity reports prior to submitting them to the authorities when acting as Alternate Compliance Officer
• Ensure all reports to regulatory bodies are submitted on a timely basis
• Assist with thorough monitoring of the policies, procedures and controls implemented under the compliance program
• Ensure all customers are appropriately Risk Rated and conduct EDD as required on High-Risk Customers
• Maintain the required logs and register of enquiries as contained in the Compliance Programme
• Assist Head, Compliance with reviewing and coordinating the compliance program in keeping with statutory and regulatory requirements with a view to minimizing compliance and regulatory risk and benchmarked against industry best practice.
• Assist in drafting, reviewing, and updating compliance-related policies, procedures, and manuals to ensure they remain aligned with current regulatory requirements and industry best practices.
• Create and assist with the implementation of a program of activities to educate and encourage, Senior Management, business and operational units to ensure statutory, regulatory, internal policy compliance
• Serve as the alternate representative to regulators with respect to the company's compliance, and act as the alternate liaison officer with the CBTT, FIU and Fraud Squad
• Participate in external consultations, conferences, or forums (e.g., ACPTT, CFATF, FIBA) and disseminate regulatory updates and industry developments across the organization.
• Maintain records of all reports filed for up to seven (7) years in accordance with Regulation 32 of the Financial Obligations Regulations 2010 as amended in 2014
• Maintain a register of all enquiries made by any law enforcement authority or other local and foreign authorities acting under the powers provided by the relevant laws or their foreign equivalent. This register will be kept separate from other records
• Monitor the Financial Action Task Force's and the UN 1267 list of high-risk individuals and legal entities and non-cooperative countries and territories and update all personnel periodically on the same (at least annually);
• Submit terrorist funds report immediately and without delay to the CO for onward transmission to the FIU; and
• Maintain the following registers :

A register of suspicious transactions and suspicious activity reports, TFR submitted to the FIU;

Qualifications / Experience and Skills

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