Regulatory Analyst

Regulatory Analyst

Trident Trust is a leading independent provider of corporate, trust and fund services to the financial services sector worldwide, employing over 1,100 staff across a global footprint that spans Africa, the Americas, Asia, the Caribbean, Europe and the Middle East. Client focused and service oriented, we only employ individuals who are professionally minded, committed and able to demonstrate good interpersonal skills.

Duties:

• Act as an AMLCO, MLRO and DMLRO to a portfolio of Cayman entities conducting relevant financial business.
• Act as a MLRO to a portfolio of BVI entities conducting relevant business.

• Monitor and review client Anti-Money Laundering, Counter Terrorist Financing, Counter Proliferation Financing and Targeted Financial Sanctions (AML/CFT/CPF/TFS) programs, including Policies and Procedures and performing a gap analysis against Cayman statutory and regulatory requirements to ensure adequate implementation by client entities.
• Advise the clients’ board of directors (or equivalent) of AML/CFT/CPF/TFS compliance matters, including the preparation of AML Reports to be presented at board meetings.
• Advise clients on general AML/CFT/CPF/TFS matters.
• Liaise with third parties, such as fund administrators, investment managers and Directors, to ensure that appropriate AML controls are implemented.
• Ensure that client AML/CFT/CPF/TFS programs are tested on a regular basis in compliance with Cayman statutory requirements.
• Where applicable, act as the main point of contact with competent authorities and respond to requests for information within the requisite timeline.
• Receive internal SARs, highlight and report any suspicious activity to the authorities as necessary and where required, assist in the investigations.
• Ensuring that adequate AML/CFT/CPF/TFS logs are maintained.
• Deliver AML training to ensure awareness among team members.
• Assist and participate in the drafting and updates to policies and procedures.

• Liaise with group offices, third parties and the internal onboarding team to ensure a smooth onboarding experience as it relates to new clients and the Regulatory service lines.
  
• Assist with carrying out regulatory filings for Beneficial Ownership Regime, Economic Substance Returns and CbCr Reporting.

• Continually look to achieve efficiencies to excel client services.
  
• Effectively deal with multiple competing demands in a fast-paced environment.
  
• Keep abreast of all industry developments and regulatory changes.
  

Qualifications and Experience:

• Hold a Bachelor’s Degree in accounting, finance or related compliance field, with a minimum of 5 years relevant experience.
• Maintain a professional compliance qualification such as ACAMS, or ICA.
  
• Have working knowledge of the Cayman Islands investment fund industry and investment strategies.
• An in-depth knowledge of the Cayman Islands AML Regime as it relates to companies, Limited Partnerships and Foundations would be beneficial.
• Working knowledge of the Economic Substance legislation, The Beneficial Ownership Act, AEOI Reporting Regime would be an asset.
• Have excellent reading, writing, oral and interpersonal skills.
  
• Have the ability to communicate effectively with staff, management and international clients.
  
• Proficiency in DITC reporting, CORIS, CAPS, REEFs, ViewPoint and the Microsoft Office Suite of applications would be beneficial.
  

Compensation:

Salary and benefits offered with respect to the above position will be commensurate with experience and qualifications.

How to apply

Applications will be treated in the strictest of confidence. Please clearly outline the skills and attributes you would bring to the role, your availability and salary expectations.

Applications in writing, including resume, should be sent by email to: jhislop@tridenttrust.com