AML/KYC Audit

Skills Required: • Finance services experience of 3+ years working within a financial environment, Funds experience an advantage. • Good understanding of the Anti-Money Laundering / Countering the Financing of Terrorism (“AML/CFT”) laws in Mauritius.

AML/CFT Auditor - Mauritius

Role Location: Mauritius

Department: Apex Compliance Services (External Compliance)

Employment Type: Permanent

JOB DESCRIPTION

Title: Associate, Mauritius

The Role: The successful applicant will be part of the Apex Global Compliance Solutions team and will be responsible for developing and providing Compliance, AML/CFT and Regulatory services and solutions to clients in Mauritius. 

Key Responsibilities/List of Duties:

•                      Assist Seniors in carrying out Independent Audit of Financial Institution(s) (FI(s)) in accordance with the Anti-Money Laundering / Countering the Financing of Terrorism (“AML/CFT”) laws prevailing in Mauritius including the FI’s AML/CFT programme, policies, and procedures with the FIAMLA, FIAML Regulations 2018, and the FSC AML/CFT Handbook.

•                      Ensure that the audit works are complete in terms of presentation, quality of audit work, completeness, and accuracy of audit deliverables.

•                      Assist Seniors in carrying out and performing walkthrough of business processes, identifying key AML/CFT Risk and Controls and designing an appropriate risk control matrix

•                      Responsible for the test on the Design & Implementation and Operating Effectiveness of controls procedures in place as per the relevant risk control matrix. 

•                      Responsible for the audit sample preparation for Shareholders, transactions, Eligible Introducers, Omnibus, PEP, Beneficial Owners, and others.

•                      Being able to test the adequacy of the onboarding customer due diligence and enhanced diligence procedures carried out on customers with particular emphasis on high-risk operations (products, service, customer, and geographical locations) in line with KYC onboarding checklist and AML/CFT regulations.

•                      Perform audit sample testing on appropriate transaction as part of inwards and outwards remittances including a review of suspicious transactions reporting in line with AML/CFT regulations.

•                      Responsible to escalate to seniors and UH on matters for which audit deliverables might be compromised.

•                      Being able to attend meetings to discuss any queries raised by the audit team and assist to discuss audit findings with the concerned stakeholders

•                      Responsible to document preliminary audit observations and findings and discuss with team members

•                      Assist to draft the independent AML/CFT Audit Report and Management Letter for reporting purposes.

Ensure a high standard of delivery to clients;

•                      Manage production of client deliverables;

•                      Ensure deliverables are produced and reviewed to a high standard and delivered in a timely manner;

•                      Ensure deliverables are produced in line with the appropriate regulatory standards, local regulations, policies and procedures;

•                      Build excellent working relationships with clients;

•                      Strong interpersonal, team work and attention to detail;

•                      Ensure all work undertaken complies with the client’s documentation, relevant regulatory requirements and anti-money laundering regulations;

•                      Review and recommend changes to client deliverable processes;

Skills Required:

•                      Finance services experience of 3+ years working within a financial environment, Funds experience an advantage.

•                      Good understanding of the Anti-Money Laundering / Countering the Financing of Terrorism (“AML/CFT”) laws in Mauritius.

•                      Relevant professional qualifications e.g. AML, CDD, Compliance, Risk, or equivalent

•                      Experience in Customer Due Diligence (CDD/KYC) on various international corporate structures.

•                      Excellent communication and organisation skills.

•                      Motivated and driven and a team player.

•                      Ability to adapt to change

What you will get in return:

•                      A high level of visibility within a large organisation on an upwards trajectory

•                      The ability to define marketing processes to drive innovation and have a tangible impact on the business

•                      Be part of a dynamic and fast-paced team that makes a genuine impact on the business

•                      Exposure to all aspects of the business, cross-jurisdiction

•                      The opportunity to innovate, bring discipline to brand activity and really make a difference.