As the Compliance Officer you enforce and monitor risk-based compliance programs to assure the firm’s compliance with AML/CFT legal and regulatory requirements and assist in the oversight of the AML/CFT framework. You perform quality checks on the periodic reviews to assure that these are in accordance with the AML/CF regulatory requirements and the procedures of the organization. You identify AML/CFT compliance issues that require follow-up or further investigation. You work in a team with the Reporting Officer.
Essential duties and responsibilities
- Enhance the Compliance framework on the development or implementation of compliance-related policies and procedures throughout the organization.
- Keep the AML/CFT Risk Assessment and Strategy updated and inform Management of the results.
- Provide feedback and recommendation on improvements of the current AML/CFT procedures, monitoring, and execution of AML/CFT Compliance standards.
- Provide support to the organization when AML/CFT regulatory updates or changes, and update the firm’s risk assessment, strategy, policies, procedures, and measures accordingly.
- Assist to undertake quality reviews of compliance with policies and procedures to AML/CFT and provide report to Management on recommendation on control measures and improvements and monitor these.
- Keep informed regarding trends and developments in the area of AML/CFT, best practices and assess the potential impact of these on the organizational processes.
- Assist with training of staff in Compliance topics.
Qualifications and Requirements
- Minimum completed Bachelor required, preferably in Business Administration, Economics, Law or equivalent.
- Minimum 2-4 years’ experience in a similar position
- Formal compliance-related certification is a plus.
- Knowledge of the type of business of our firm is a plus.
- Strong (financial) analytical skills, able to read reports and interpret data.
- Excellent verbal and written communication skills in English, Dutch and Papiamento.
- Good interpersonal skills and ability to build long-term working relationships.
- Ability to collaborate/work with others, inside and outside one’s own area to accomplish business goals.
- High level of integrity, able to maintain confidential information.
- Strong attention to detail and able to work within deadlines, result oriented.
