Associate Director, Risk Consulting

Associate Director, Risk Consulting

An Associate Director is one of the highest levels of employee within the Employer. A Associate Director is subject to the highest demands with regard to the quality of his services in all areas of his professional work. The position of Associate Director and the responsibilities assigned to you for the future development of the Employer require that you always act in the best interest of the Employer. An Associate Director is obliged to comply with internal quality procedures, including the obligation to consult with the Employer.

As a leading position within the firm the Associate Director will assist the Employer in fulfilling audit functions that require a high level of understanding and judgment including but not limited to: directing client and engagement acceptance, engagement planning, oversight, review and sign-off, pre-issuance reviews on audited financial statements, providing clients or prospective clients with advice. In addition, the Associate Director will play a key role in the organization and management of the audit department and such other responsibilities as assigned by the Employer.

The candidate will be primarily focused on a client facing role delivering client services in Advisory. There will be a secondary element to the role, which utilises similar skills of the candidate but delivers those services internally. Such roles may be reduced over time in favour of the client facing responsibilities.

Such responsibilities include

AML and Statutory Officer Responsibilities

Acts as MLRO / AMLCO (or equivalent) for relevant KIG West entities, with legal responsibility for ensuring compliance with applicable AML/CFT regulations across Cayman, CARICOM and Bermuda.

It may also include the following

Regulatory Monitoring and Reporting

Monitors regulatory developments, sanctions updates and emerging AML risks across relevant jurisdictions; assesses impact to the firm; and communicates required actions to Risk Partners and senior leadership. Responsible for regulatory filings and formal reporting where required (e.g. AML returns).

Risk Consultation and Technical AML Advice

Serves as a senior point of consultation for engagement teams on AML sanctions and reliance on AML letters, supporting consistent, risk based decision making across Audit and Advisory engagements.

KIG West and Cayman Cluster Coordination

Works closely with the Country Risk Leader, Risk Management Partners and regional compliance teams to coordinate AML activity across KIG West, including training, testing support, regulator interactions and cross border consistency.

Training, Change and Continuous Improvement

Supports AML training of compliance teams, contributes to remediation and testing activities related to AML, and drives continuous improvement of AML/KYC processes, documentation and guidance across KIG West.

Candidates must have the following qualifications, skills and attributes:

• A Bachelor’s degree or above;
• A professional qualification in regulatory compliance (specifically financial crime – ICA or CAMs); and
• A minimum of 10 (ten) years of relevant experience within the Cayman regulatory environment in a relevant role covering the following topics:
• Financial crime (e.g. AML/ATF, sanctions screening);
• Prudential regulatory services in relation to governance and Board effectiveness;
• Economic Substance requirements; and
• Project Management of transformation projects across multiple client engagements.
• A minimum of 10 (ten) years of public practice consulting experience in regulatory compliance (specifically financial crime, Economic Substance and prudential regulation/governance) and ideal experience working in senior leadership roles in a financial services organization.
• Excellent project management and organizational skills, experience in leading and working with Board and executive team members on complex client engagements.
• A proven ability to lead business development activity, including strong experience in writing thought leadership articles and proposals and building and maintaining relationships with a range of clients.
• Exceptional people skills with the ability to work well with staff of all levels; this includes the ability to lead business development and service delivery teams, coach and develop team members and provide business and technical mentorship to members of the Advisory team.
• Strong presentation skills to assimilate complex data and issues and convey these to executive management at clients and internally, in clear and impactful reports and presentations.
• First class written and oral communication skills; this includes the ability to produce and review complex financial reports and proposals.
• The ability to assimilate and analyze large amounts of data into concise deliverables and communicate this information at executive management level.
• Be a strong team player, evidenced by a proven ability to work effectively with senior management, ideally on complex cross border engagements with multi-jurisdictional teams.
• A high degree of competence in Microsoft Word, Excel, PowerPoint and Outlook is required.
• A mature, self-motivated individual who is well organized, hard-working, enthusiastic and professional.
• A willingness and capacity to work overtime at short notice is essential as this is a highly demanding environment with very tight report deadlines.

Benefits: Vacation Time (in accordance with Cayman Islands Labour Act), eligibility for annual performance-driven bonus, comprehensive health insurance plan, pension plan (in accordance with Cayman Islands Labour Act), free on-site corporate gym membership. And a recognizable and reputable corporate social responsibility program.