Fonolive Marketplace App on Google PlaystoreFonolive Marketplace App on App Store - Apple iOS
  • jobs
  • 1 month ago

jobs description

About Us:

Tenet is a regulated institutional bank operated by financial experts and engineered by technology leaders. Tenet is a sophisticated bank operating proprietary, world-class software infrastructure tailored to the needs of our banking clients. Tenet is led by finance and technology experts that have real-world experience managing multibillion-dollar international balance sheets and designing proprietary banking solutions. We are a premium, full-service bank that is regulated by the Cayman Islands Monetary Authority and headquartered in the leading global financial service centre, the Cayman Islands.

We are dedicated to fostering a positive and inclusive workplace culture where employees can thrive and achieve their full potential. As we continue to grow, we are seeking a talented and experienced mid-level Human Resources Specialist to join our team and contribute to our success.

Job Description:

The Compliance Manager will be responsible for overseeing all compliance... aspects of client onboarding and transaction processes at a Class B Bank in the Cayman Islands.

This role includes assisting the AMLCO with the development, implementation, and maintenance of the bank's compliance program to ensure full regulatory compliance as required by the Cayman Islands Monetary Authority (“CIMA”) and relevant legal frameworks. The Compliance Manager will act as the central point of compliance expertise within the bank but will directly report to the AMLCO/MLRO.

Duties & Responsibilities:
• Oversee control systems to prevent or address violations of legal guidelines and internal policies.
• Along with the AMLCO, evaluate the efficiency of controls and improve them continuously to enhance the bank’s operations.
• Along with the AMLCO, revise and periodically review guidelines to maintain relevance with local and international regulations.
• Assist with the development and implementation of corrective action plans for resolution of problematic issues, and provide general guidance on how to avoid similar situations in the future.
• Monitor and coordinate compliance activities within the bank to remain aligned with the strategies set by the Board.
• Supervise and lead annual audits to ensure compliance with both internal corporate policies and applicable laws and regulations.
• Prepare comprehensive reports for the AMLCO, senior management and external regulatory bodies as appropriate.
• Perform all compliance activities relating to the onboarding of new clients, transaction and ongoing monitoring of clients and transactions.

• Professional certification in Anti-Money Laundering such as the Certified Anti-Money Laundering Specialist qualification (“CAMS”).
• Minimum of 3 years’ experience in a compliance role within a banking environment, with a strong understanding of the regulatory environment in the Cayman Islands.
• Demonstrated experience in client onboarding and transaction monitoring strategies.
• Expert knowledge of legal requirements and controls (e.g., Anti-Money Laundering, or AML).
• Familiarity with industry practices and professional standards.
• Excellent communication skills with the ability to handle multiple tasks in a fast-paced environment.
• Proven experience in making administrative and procedural decisions and judgments on sensitive compliance issues.
• Bachelor’s degree in Law, Finance, Business Administration or a related field would be an advantage.

Desirable Qualifications:
• Familiarity with Markdown or other coding languages.
• Experience with artificial intelligence (AI) technologies and tools.

How to Apply:

If you are a motivated and passionate compliance professional looking for a rewarding opportunity to contribute to a dynamic start-up organisation, we invite you to apply by 28 June 2024.

Tenet is an equal opportunity employer and is committed to diversity, equity, and inclusion in the workplace. We welcome applications from individuals of all backgrounds and experiences
George Town Cayman Islands


Apply - Compliance Manager George Town