Compliance Manager JM

General Responsibilities

  • Develop and update policies, procedures, and programmes related to Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) compliance 
  • Ensure staff are trained, at least annually, on AML/CFT
  • Develop and revise the compliance matrices, programmes and policies to reflect changes in the organization’s needs, laws, regulations, and procedures related to compliance issues, at least annually, or sooner where required 
  • Inform and train staff on changes to policies and procedures
  • Monitor and test, on an ongoing basis, the effectiveness of the compliance programmes and take the required corrective actions when and where required 
  • Advise the Boards of Directors, Audit Committees, senior management, and the business units of proposed or pending regulatory changes 
  • Ensure the completion and timely submission of all regulatory reports to the responsible bodies within the respective territories
  • Conduct testing of new policies opened and pre-existing policies to ensure they are opened and maintained in accordance with the established policies 
  • Ensure the development, implementation, and ongoing maintenance of a risk assessment framework in each business to include the conduct of an annual enterprise risk assessment
  • Ensure all records are kept safely and securely to ensure the timely retrieval of documents and retention is done per the applicable legislation
  • Ensure policies opened for high-risk customers are reviewed on an ongoing basis
  • Report to the Audit Committees, and Boards of Directors, at least quarterly, on the compliance programme of the businesses
  • Ensure the annual independent audit of the AML/CFT compliance programme for each business is conducted
  • Work with the Audit Committees, Boards of Directors, and General Managers to ensure a designated compliance officers and or money laundering reporting officers are formally installed within each business and or territory.


Required Qualification, Experience, Knowledge and skills:

  • A professional anti-money laundering certification (ex. Certified Anti-Money Laundering Specialist)
  • Bachelor’s Degree in Management Studies, Finance, Accounts or equivalent 
  • Strong working knowledge with understanding and interpreting legislation
  • Three (3) years’ experience in internal audit, finance, accounting or operations in the financial sector
  • Knowledge of the Regulations and Acts governing the financial services industry
  • Knowledge of the various regulations governing Anti-Money Laundering and the Prevention of Terrorist Financing
  • Knowledge of Microsoft Office suite e.g. WORD, EXCEL, POWERPOINT
  • Strong understanding of the use of information technology and the operating environment in financial institutions
  • Strong communication and presentation skills
  • Ability to develop policy and procedure documentation
  • Excellent interpersonal and analytical skills
  • Ability to maintain a high level of integrity and confidentiality
  • Ability to work in a fast-paced environment
  • Must be willing to relocate to Barbados or St. Lucia

Qualified applicants are invited to submit applications no later than 11/06/2023

GK Financial Group
Employment Type
Salary and benefits
Salary and benefits info not provided.
Salary negotiable
Your Career Level
Early Career
Years Experience
Three (3) years'
Your Education Level
Bachelor's Degree|in Management
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