Associate Director

The Associate Director role will involve day to day management of clients and staff for the Americas desk of the AML Services team. The role will undertake AMLCO/MLRO appointments, manage a team of AML Services professionals and will support the business in providing compliance outsourcing services. The job holder will need to ensure consistent high levels of client service standards, be proficient in Cayman Islands Anti Money Laundering and Countering the Financing of Terrorism and Proliferation Financing (AML/CFT) regulations and comfortable giving compliance and regulatory advice to a diverse portfolio of Cayman Islands licensees.

The post holder will be responsible for and expected to perform the following duties:

 Provide Anti-Money Laundering Compliance Officer and Money Laundering Reporting Officer services to a portfolio of external Cayman and BVI clients.

 Lead the delivery of AML Officer Services for the Americas desk

 Lead the delivery of AML Officer Services for digital asset clients

 Manage and mentor a team of compliance and regulatory professionals.

 Day to day management of client regulatory, compliance, monitoring risks.

 Ensure all clients agreed deliverables are met.

 Manage the client life cycle from new business take on through to business-as-usual.

 Develop key policies, operating procedures and management information reporting procedures as they pertain to the service line.

 Advise clients on AML/CFT compliance issues and report periodically to the Client Boards.

 Ensure regular audits of clients AML/CFT programs.

 Assist with regulatory visits by the Cayman Islands Monetary Authority and internal/external audit.

 Provide guidance on client business procedures / processes as and when required.

 Conduct client AML/CFT training.

 Manage daily administration e.g. client set up, monitoring, billing and invoicing.

 Deliver departmental projects to quality standards, deadlines and costs.

 Analyse legal & regulatory changes affecting the clients compliance environment and their impact on existing policies & procedures.

 Business strategy and development

This position requires an individual with

• Bachelors degree (law, finance, or related field preferred).
• Recognised professional compliance qualification - ICA Diploma in AML (Level 6), or ACAMS CAMS Certification.
• Recognised professional digital asset compliance qualification – ACAMS Cryptoasset AFC Specialist Certification, or AFSCS DACS/CCS.
• Familiarity with on-chain analytics such as Chainalysis, TRM, or similar, an asset.
• Blockchain analytics courses from Chainalysis/TRM Labs a benefit.
• Demonstrated experience in AML Officer roles with Cayman and/or BVI digital asset clients.
• 10 + years’ of practical experience in compliance, regulatory, legal or investment funds industry, at last 8 of which should be in the Cayman Islands
• At least 4 years’ of practical experience in digital asset compliance.
• Previous CIMA regulatory authority approval as an AML Officer an advantage.
• Experience liaising with lawyers, investment managers, institutional investors, and administrators located in various international jurisdictions is required;
• Experience in people management required, managing people in other jurisdictions an asset.
• Experience working in a business development capacity
• Willingness to attend business events outside of usual working hours, and to travel internationally
• Strong client relationship, project management, and stakeholder management skills
• Solid understanding of Cayman Islands corporate structures.
• Self-motivated and can deliver under pressure to deadlines.
• Strong attention to detail with the ability to deliver accurate documentation under tight timescales.
• Use of initiative to improve processes and ability to review and implement strategy.
• Effective written and oral communication skills.
• Encourage team spirit and professionalism, assisting colleagues and the business as needed.
• Highly proficient in Microsoft Word, Excel, Outlook.
• Ability to review, understand and implement system and documentation changes as needed.