Associate Manager - Regulatory & Compliance

Responsibilities:

The Client Compliance Services is responsible to provide Compliance Officer Services and Money Laundering Reporting Officer (“MLRO”) services to client companies of IQ-EQ MU. The Associate Manager – Regulatory Compliance plays a key role in ensuring that client companies meet their regulatory obligations by supporting the Manager in the delivery of effective compliance and MLRO services.

Tasks:

• To contribute in designing and implementing the AML/CFT framework including policies, procedures and systems for IQ-EQ MU’s client companies;
• To act as Compliance Officer/MLRO/ DMLRO/for IQ-EQ MU’s client companies;
• To attend board meetings to present Business Risk Assessment, MLRO and Compliance Officer’s reports for IQ-EQ MU’s client companies on at least an annual basis;
• To coordinate and attend to onsite and offsite inspections conducted by the Financial Services Commission (FSC), ensuring full compliance with applicable Mauritian laws, regulations, and guidelines, and addressing any regulatory queries or findings in a timely and effective manner.
• To receive, analyse and report Suspicious Transaction Reports, as appropriate;
• To perform Client file review or special investigation as required;
• To assist the Manager to prepare and disseminate AML/CFT training materials for training to staff of client companies, as appropriate;
• To assist in conducting AML/CFT risk assessments of all products, technology and business practice of client companies, as appropriate;
• To analyse and disseminate the latest AML/CFT related regulatory information to clients;
• To provide advice and guidance to PDC, Delivery function and Client Directors on specific billable compliance queries;
• To assist in the design and updating of the Administrator Compliance Review templates for different financial services licence holders;
• To validate and sign off on the Administrator Compliance Reports prepared by the Delivery Team;
• To assist in providing and reporting Management Information to the Country Risk Committee, Operational Risk Committee, GRACC and Board, as required;
• To assist the Manager in supervising, assessing the CCSU team’s work and assignments as well as assist in building capabilities and allocate resources within the CCSU team;
• To ensure protection of information assets of IQ-EQ MU and to abide by the ISMS in place at IQ-EQ MU.
• Any other cognate duties.

Key competencies for position and level:

• Customer focus
• Decision Quality
• Direct Work
• Interpersonal savvy
• Action oriented

Key behaviours we expect to see:

In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following:

• Accuracy
• Attention to detail
• Collaboration
• Organisation
• Proactivity
• Relationship building
• Taking ownership

Education / professional qualifications: 

• ​​​​​​​Degree holder in law, finance or financial services or directly related to compliance functions

Background experience: 

• At least 5-7 years of experience in the financial services sector and preference given to experience in compliance

Technical: 

• Experience as Compliance Officer, MLRO or DMLRO

At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.