Objective of the job
 

The VP, Risk & Compliance Advisory (“VP”) will support the Cayman Head of Risk and Compliance in providing clear direction and comprehensive support to the business, whilst managing a team of compliance professionals.
 

Duties and Responsibilities

• Lead the compliance advisory function, providing ongoing management and training to team members
• Provide managerial support to the Head of Risk & Compliance and assist with the preparation of management reports
• Provide general compliance guidance and advice to the business, including advice on all new business and trigger events
• Work together with the business stakeholders to facilitate the acceptance of new business while ensuring compliance with Intertrust policies and procedures
• Provide management/supervisory support and guidance to the risk and compliance team members
• Accept appointment as Deputy MLRO, providing ongoing support to the Head of Risk & Compliance
• Represent Risk and Compliance on various internal committees
• Assist with ensuring that all applicable laws, regulations and internal rules and standards are adequately translated into clear and precise policies for business users.
• Assist the Head of Risk & Compliance with identification of potential areas of compliance vulnerability and risk of the business. Through analysis and consultation with the business, develop and implement a corrective action plans for resolution
• Promote a robust Compliance culture.
• Provide input and support to the development and delivery of the compliance monitoring programme
• Assist with the development, implementation and delivery of the Compliance Training programme

Required level and content of education:

• 10 years compliance/AML experience
• 5 years + experience of Private Wealth, Capital Markets and Corporate Services
• 5 years + experience of leading a compliance advisory function including the performance of compliance advice for new business and trigger events

Functional competencies required:

• Analytical - Ability to review and analyse data
• Knowledge – In-depth knowledge of compliance reporting principles, corporate governance, Laws, regulations and guidance of the AML/CFT framework with the ability to maintain awareness of local and international issues impacting the industry
• Training – Ability to lead, guide and develop your team with new skills and knowledge that will enhance their product and add value to the client service offering

• Communication – Strong interpersonal skills, including influencing with the ability to drive change and innovation; is able to develop professional relationships with colleagues and clients from all walks of life and multi-cultural backgrounds

Key experiences required:

• In depth understanding of corporate governance, compliance reporting principles, relevant local regulations and best practices
• Experience in effectively managing, coaching and developing a team of professionals
• Experience in reviewing data with strong attention to detail

• Experience in working both independently and in a team

• Experience in working under pressure to meet tight deadlines

Computer knowledge required:

• Proficiency in Microsoft Office Suite
• Experience with ViewPoint, World Check and Laserfiche software is advantageous