The Compliance Officer will be Designated as the Compliance Officer of ADV Services, LLC/Advanced Cash Limited with responsibility to coordinate and monitor the compliance program, act as the point of contact with the FIU in order to handle the reported suspicions of staff regarding money laundering or terrorist financing, act as liaison and be available to discuss with the FIU or IFSC matters pertaining to the AML/CFT function or Audits and Develop a programme to communicate policies and procedures within the entity.  Main duties will be to apply the Anti Money Laundering policy and procedure to ensure compliance with applicable legislation and regulations.

Summary of Responsibilities

• Act as the point of contact with the FIU in order to handle the reported suspicions of staff regarding money laundering or terrorist financing
• Act as liaison and be available to discuss with the FIU or IFSC matters pertaining to the AML/CFT function
• Monitor compliance by staff with the financial institution’s internal AML programme and any relevant law relating to AML/CFT;
• Receive internal reports and consider all such reports to determine whether the information or other matters contained in the transaction report gives rise to a knowledge or suspicion that a customer is engaged in money laundering or terrorist financing;
• Establish and maintain on-going awareness and training programmes for staff Report at least annually to the board of directors (or relevant oversight body in the case of branch operations) on the operations and effectiveness of the systems and controls to combat money laundering and the financing of terrorism;
• Review compliance policies and procedures to reflect changes in legislation or international developments;
• Act as liaison and be available to discuss with the Bank or the FIU matters pertaining to the AML/CFT function

Requirements

• Minimum of an Associate’s Degree in Accounting or Business Management
• Experience in the Financial Services Industry
• Minimum of 2 years of experience in a compliance role
• Strong research skills, advanced computer knowledge
• Effective written and verbal communication skills,
• Organizational skills, and extensive knowledge in financial institution procedures and policies.
• Ability to read and interpret legal documents and government regulations

Application  deadline: Wednesday, January 31, 2018