Associate Director - Compliance

Job Title: Associate Director – Compliance Reporting to: Head of Compliance Location: Mauritius
Job Description
ROLE AND RESPONSIBILITIES
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Establishing and maintaining the Company's Compliance and Anti-money Laundering("AML") policies and controls, documented in the Compliance and AML manuals.These will contain the rules and procedures which all employees of the Company mustabide by.
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Managing the Compliance/AML functions of the Company as per the regulatoryrequirements defined under the DFSA and Internal policies.
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Monitoring the Compliance and AML activities on a day-to-day basis to ensurecompliance with the Company's policies and regulatory requirements includingpermitted activities, conflicts, management arrangements, communications andmarketing, client acceptance, submission of regulatory returns and complaintshandling.
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Maintenance of Trackers / Registers / Files:
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Breach/Gifts/Complaints register and Training register
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DFSA communications register
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Employee register, along with employees delivering financial services and record ofAuthorised Individuals
-Maintain the register for Outside Business Interests (OBI) approvals
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Personal Account Transaction approvals and review
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Monitoring the Company's conduct of business to ensure that all breaches of the DFSArules are identified quickly and dealt with appropriately
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Assisting the CO/MLRO in the following activities:
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Money Laundering and Business AML Risk Assessment
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Periodical Compliance Reports
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Submission of all regulatory returns & ad-hoc notifications
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Ongoing monitoring and review of KYC and related procedures to ensure consistencywith Company policies which are extrapolated tram AML and other regulations
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Obtaining and making appropriate use of any findings, recommendations, guidance,directives, resolutions, sanctions, notices or other conclusions issued by the U.A.C.government, any U.A.E. government department, the Central Bank of the U.A.E. or theAMLSCU, any UAE enforcement agency, the Financial Action Task Force, the DFSA andthe United Nations Security Council
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Providing a source of ongoing assurance regarding the satisfactory Complianceenvironment in the office
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Assessing and ensuring the adequacy of internal procedures for reporting SuspiciousActivities Reports ("SAR") in line with the regulatory requirements
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Ensuring adequate Compliance and AML training for all internal staff so that they areaware of their responsibilities including, compliance induction training, briefing
management on specific compliance issues in connection with current business or regulation and any anticipated changes thereto.
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Adherence to Code of conduct, Regulations and Internal Policies
QUALIFICATIONS AND EDUCATION REQUIREMENTS
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Master’s Degree with relevant professional qualifications in AML and Compliance
•Minimum 5-6 years relevant experience in Compliance, Risk and Audit in financialinstitution environment.
PREFERRED SKILLS
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Strong understanding and knowledge of Compliance standards and Regulations
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Industry Knowledge and ability to assess risk
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Strong analytical and problem-solving skills
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Excellent written and verbal communication skills.
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Process driven and Attention to details.
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Ability to respond to TATs and requests with efficiency and accuracy.
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Team player
ADDITIONAL NOTES
Experience of working in Compliance in Private Banking, Wealth is preferred