Senior Compliance Manager

About Us

Suntera Global is a leading international provider of corporate, trust, tax, accounting, and fund administration services. Respected and trusted as a professional partner by a broad range of corporate, private, and institutional clients worldwide, we are continually looking for opportunities to evolve our business while providing clients with the best possible services.

We have created an authentic and supportive culture that generates a wealth of opportunities for every one of our employees. Ongoing personal development through training and professional qualifications is available to all, and we reward hard work and dedication with a range of comprehensive benefits.

About the Role

As Senior Compliance Manager, you will be responsible for the function and delivery of regulatory and financial crime compliance through the effective management of the compliance team. You will ensure the professional delivery of robust policies to meet regulatory, compliance and financial crime risk and maintain a strong compliance culture throughout the organisation. 
This role is to work as a proactive member of the RFCC Department to support good compliance standards by the office with applicable local regulatory and financial crime laws and regulations and Groupwide compliance standards.  You will work collaboratively within the RFCC Department locally and across Group wide Department where the opportunities arise.   
Your work will be performed in line with local internal controls.  In support of those in the RFCC Department holding the prescribed roles, you and colleagues will perform your roles within the RFCC Department in line with the Global Compliance Framework to help maintain a consistency of excellent delivery of work across the RFCC Department.

You will be responsible for the following tasks and duties:

• Hold the Compliance Officer appointments required by local regulatory or financial crime regulations
• Monitor the regulatory environment and changes therein
• Advise the board on the regulatory requirements of the Company
• Advise the board on risk management within the Company
• Formulate and promulgate Company Compliance/Risk Management policy and procedures
• Provide input on trust policies and procedures
• Oversee the compliance monitoring function
• Liaise with regulatory and law enforcement authorities as required
• Work with Company Directors and staff to achieve above
• Participate in the Key Risk Indicators (“KRI") Program through monitoring and analysis of the results on a monthly basis, using them to proactively highlight areas of potential increasing risk,
• Coordinating independent testing of the inputs, trend analysis, reporting to the business and assisting in the development and improvement of the program over time.
• Recommends amendments to and review any updates to operating procedures to ensure compliance aspects are taken into consideration
• Follow up on recommendations of regulatory examinations to resolution and monitor to ensure on-going adherence
• Exercises due diligence and minimizes risk relative to all aspects of the business including portfolio quality, account opening, anti-money laundering, anti-terrorism, suspicious activity, financial 
  sanctions, and fraud as outlined in Suntera’s instructions and guidelines
• Ensures that all requirements are met in accordance with internal policies in relation to Know Your Client understanding and supporting documentation
• Maintain awareness areas of operational risk or potential losses. Recommend and implemented action plans to address and/or correct
• Where and when required, act as Compliance Officer/MLRO for regulated clients

• Act as designated MLRO in line with the Bahamas Anti Money Laundering Regulation
• Maintain appropriate independence from customer-facing and business development roles
• Review internal STRs and supporting information and documentation and to conduct independent investigations for the purposes of determining the need to file a STR with the local Financial Intelligence Unit
• Act as the liaison point with the local Financial Intelligence Unit as local regulator as appropriate, and leading on responding to law enforcement production orders
• Ensure accurate and prompt checking of relevant databases following receipt of appropriate notices from regulatory authorities, law enforcement agencies or other appropriate bodies
• Ensure timely and accurate preparation and delivery of Statistical Return Forms / MI data to Regulators and Group
• Report directly to the Board on a quarterly basis or as required, and escalate relevant issues directly to the Board at appropriate times outside of board meetings
• Provide advice to the business administration teams in the ongoing and effective management of client relationships to avoid tipping off
• Participate in the local committees as required
• Lead or participate in the delivery of AML/CFT training to new/ existing employees
• Conduct ongoing monitoring of all transactions for existing SARs with the support of the Compliance team
• Conduct ongoing monitoring of all individuals linked to an existing STR through using external databased adopted by Group
• Review payment or other activities requiring MLRO oversight
• Maintain a list of Deputy MLROs and appropriately manage and review the performance of the DMLROs, including considering and determining that STRs are being handled in appropriate and a consistent manner
• Maintain full awareness of personal and Suntera obligations under relevant AML/CFT legislation and emerging best practice issued by local regulations or law enforcement agencies
• Where and when required, act as Deputy MLRO to the Cayman MLRO

About You

You will be a dynamic, proactive and rigorous individual with excellent communication skills. The following attributes would also be advantageous:

• A relevant professional qualification recognised by the JFSC, including ICA Certificate or Diploma
• 10+ years experience in the trust and corporate services environment and ideally fund services, with strong knowledge of compliance and regulation, in particular AML and CTF legislation
• Excellent leadership skills, decision making capability and proven ability to direct and motivate a team
• Effective problem-solving ability, able to initiate and manage change
• Strong stakeholder management skills with the ability to effectively work with internal and external parties
• Excellent communication and organisational skills with the ability to work under pressure and to guide others to meet deadlines and targets

In addition to a competitive salary, you will be rewarded with a performance-driven bonus, a benefits package, and the training and career opportunities that come as standard with a dynamic and rapidly growing group of companies.

Apply now