Overview
Senior Compliance Executive Jobs in Moka, Mauritius at Axis Fiduciary Ltd
Title: Senior Compliance Executive
Company: Axis Fiduciary Ltd
Location: Moka, Mauritius
Key Responsibilities
A. Regulatory Compliance
- Identify internal compliance practices and controls within the AXIS group
- Escalate deficiencies noted in the internal compliance practices and controls within the company and the group
- Assist the Manager in monitoring the day-to-day operation of the AXIS' AML/CFT policies
- Follow internal and required procedures for conducting CDD on clients
- Provide a high standard of service with regards to compliance tasks
- Follow up on queries from relevant authorities (local and foreign) in relation to compliance issues
- Assist in providing responses to authorities
- Assist in preparing reports or completing surveys
- Writing and/or assist in writing articles on Compliance matters
- Any other cognate duties that may from time to time be required which are appropriate to the role and business requirements
B. AML/CFT and Risk Management
- Apply effective Customer Due Diligence measures on applicants for business/principals of applicants for business and parties connected to a transaction
- Identify high risk areas where compliance input is required
- Carry out World Checks and internet searches including but not limited to sanction lists
- Carrying out independent checks on clients/applicants for business/third parties
- Escalate KYC issues to management where appropriate
C. Compliance Monitoring & Audits
- Collaborate with other departments to direct compliance issues to appropriate existing channels for investigation and resolution
- Monitor and coordinate compliance activities of other departments to remain abreast of the status of all compliance activities and to identify trends
- Assemble research, compile data and prepare reports (where appropriate)
- Review checklist and list findings further to review of CDD
- Attend to queries in relation to KYC/CDD
- Doing file reviews and ensuring the team are conducting the file reviews properly
- Review of the Client Risk Assessment Forum minutes/resolutions for new clients
- Assist in the preparation of the Client Risk Assessment Forum minutes/resolutions, matters arising, agenda and calendarize such meetings on a quarterly basis
- Ensuring that tasks to be completed by the Compliance Department following the Client Risk Assessment Forum are done
- Schedule and prepare agenda and matters arising for the monthly Compliance Operational meeting
- Ensuring that tasks to be completed by the Compliance Department following Compliance Operational meeting are done
- Doing file reviews and ensuring the team are conducting the file reviews properly
- Document filing, updating client information on relevant internal system
- Completes timesheet on a timely basis and efficiently
D. Training & Awareness
- Ensure subordinates are trained and coached
- Assist in preparing training on Compliance matters and deliver training where required
E. Regulatory Filings & Liaison
- Liaise and follow up with administrators in getting the required information to be able to deliver compliance related tasks/to do reportings
- Liaise with the other internal departments and maintain good working relationships
F. Record-Keeping & Reporting
- Maintaining proper and accurate record of KYC status of client files
- Assemble research, compile data and prepare reports (where appropriate)
- Document filing, updating client information on relevant internal system
Key Skills
- Holds a degree holder in Law, Finance, Business, Management or any other relevant compliance related qualifications.
- At least 4 years of relevant working experience in the compliance field within the Global business sector
- Good analytical and problem solving skills;
- Excellent written and verbal communication skills – ability to draft effective communications (emails, letters, memos, instructions, reports) with good grammar, spelling & proofreading skills;
- Can effectively coach and train subordinates;
- Strong organizational and multi-tasking skills;
- Ability to work in a fast moving, demanding, high-pressure environment and deliver in a timely manner with regards to set deadlines;
- A high level of accuracy and attention to detail;
- Highly motivated with the ability to work well as an individual and from their own initiative as well as being able to work in a team environment;
- Ability to maintain high level of confidentiality;
- Computer Literate: Ms. Office Word, Excel, PowerPoint & Outlook.
