Senior Manager - Risk & Compliance

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Role Overview

PURPOSE OF JOB

Main Responsibilities And Duties

• MLRO and Compliance Officer JTC regulated entities in The Bahamas.
• Receive and assess internal STRs, undertake external reporting and ongoing management of AML/CFT concerns for the Company.
• Maintain records of internal and external STRs and all related documentation.
• Prepare and table MLRO reports at relevant board meetings as and when necessary, highlighting shortcoming of internal controls and provide recommendations accordingly.
• Be the point of contact for the Financial Intelligence Unit (FIU) and any other bodies for the purpose of AML/CFT.
• Be the point of contact for the Central Bank of the Bahamas (“CBoB”) and the Securities Commission of the Bahamas (“SCoB”).
• Liaise with the FIU and, if required, the CBoB or SCoB, and participating in any other third-party enquiries in relation to money laundering or terrorist financing prevention, detection, investigation or compliance.
• Provide training to staff and external directors when required on AML/CFT matters including filing of STRs and avoidance of tipping off.
• Assist the relevant board with production of AML and Enterprise business risk assessments.
• Production of risk & compliance reports highlighting relevant risks and compliance matters to the Board.
• Maintenance of AML/CFT policies & procedures relevant to The Bahamas.
• Oversee the compliance monitoring programmes (performed by IOM and Caribbean Teams) to ensure they are conducted on schedule and in accordance with the monitoring plans.
• Maintain a high level of technical knowledge on legislation, guidelines, codes and other legal matters.
• Completing ad-hoc Risk & Compliance projects.
• Promote awareness of regulatory principles and requirements on a day-to-day basis and maintain an up to date. understanding of the relevant legal and regulatory requirement.
• Adhere to Risk & Compliance procedures in relation to regulatory requirements and AML/CFT legislation.
• Ensure own knowledge of, and compliance with policies and procedures.
• Adhere to CPD requirements in according with regulatory requirements and in-house procedures.
• Attend relevant seminars and conferences.
• Adhere to JTC core values and expected behaviours.
• Undertake any other duties as deemed necessary by Management.
  

Essential Requirements

• Relevant professional qualification such as ICA (or equivalent), an accountancy degree, a qualifying law degree as recognised by either the Bar Standards Board or the Solicitors Regulatory Authority.
• Membership of a recognised compliance, risk or relevant professional body.
• A minimum of five years of experience in compliance, regulatory frameworks and AML.
• Good knowledge of AML/CFT/CPF laws, regulatory reporting obligations and corporate governance.
• Strong analytical, risk assessment, and investigative skills.
• Excellent communication skills, both written and verbal, with the ability to influence senior stakeholders.
• Demonstrate ability to manage teams, lead regulatory initiatives, and engage cross functional stakeholders.
• Experience presenting to senior management.
• Ability to work independently, manage competing priorities, and remain composed under pressure.
• Commitment to continuous professional development and regulatory awareness.
• Proficient in Microsoft applications, particularly strong Excel skills and SharePoint knowledge would be beneficial.