The Assistant Compliance Officer will assist the Compliance team and staff members in discharging their responsibility to comply with applicable legislative and regulatory requirements through the provision of compliance services.
Outline of main duties and responsibilities
The Assistant Compliance Officer will be expected to:
- Assist in the effective implementation of the Compliance Monitoring programme and undertake all aspects of monitoring activities;
- Track non-compliant findings with respective business unit function managers until resolved;
- Assist in monitoring the efficiency and consistency of compliance controls and assist with the enhancement of procedures and controls;
- Assist in actively managing the mitigation of compliance breaches;
- Assist in maintain appropriate written procedures to ensure compliance with applicable legislation, regulations and group policies, and to monitor adherence to such procedures;
- Assist with the preparation of training material and deliver training in compliance with regulatory obligations and business procedures;
- Assist in the preparation of compliance reports to management and various committees and governance structures within the group;
- Assist in the preparation of reports to regulatory authorities;
- Assist with monitoring changes in relevant legal requirements and other regulatory developments which may impact on the company and advise the Directors on their implications;
- Provide assistance to the Compliance team on the regulatory implications of new business areas and new products.
- Assist in providing advice to the business with respect to regulatory and KYC/AML related matters
- Assist in sample verification checks on KYC/AML related matters and reporting
Skills and experience required
The successful candidate will have:
Education
- Degree level qualification, or equivalent, ideally in Business, Finance, Law or Compliance and Risk Management;
Experience
- 1-2 years relevant work experience in Compliance is preferable;
Skills
- Working knowledge of the Mauritian Regulatory Environment in the Financial services sector;
- Well organized with the ability to work autonomously and deal with busy workload;
- Self-motivated and able to use initiative with a strong hands-on approach;
- A discreet and confidential manner with confidence, persuasiveness and the ability to motivate colleagues;
- Good clear and concise written and verbal skills;
- The ability to communicate with staff at all levels of the business.