AML Supervisor

Outsourced AML Officer Service Supervisor

At Hedge Serv, we're redefining what's possible in fund administration. With more than $700 billion in assets under administration, we partner with the world's most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

Hedge Serv supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We've been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, Hedge Serv has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We've earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

Hedge Serv offers an outsourced AML Officer Service to its fund administration clients. Hedge Serv is currently seeking a Supervisor to work within the AML Officer Services team to provide support for Hedge Serv's client appointed Anti-Money Laundering Compliance Officers and Money Laundering Reporting Officers. The candidate needs to possess exceptional organizational and communication skills as well as a strong attention to detail.

• Provide support to the AML Compliance Officer in provision of the AML Officer Services
• Maintain an inventory of outsourced AML functions
• Document and maintain AML Officer Services risk management framework policies and procedures
• Review Fund level AML procedures and internal controls to ensure compliance with Hedge Serv's anti-money laundering procedures and the Cayman AML/CFT Regulations
• Review of Hedge Serv policies, procedures and internal controls to ensure compliance with the Cayman AML/CFT Regulations
• Perform and document annual reviews of AML manuals, policies, procedures and training
• Review any investors which have positive matches to sanctions lists and escalate to the Anti-Money Laundering Reporting Officer
• Review client provided letters of representation for investment risk ratings or sanctions monitoring, if applicable.
• Assist in testing and overseeing AML/CFT policies, internal controls and operating procedures
• Perform CDD on outsourced service providers for Fund clients
• Review of client and board reporting
• Liaise with clients, directors and internal parties as necessary
• Establish good working relationships with other Hedge Serv Departments
• Assist with any ad-hoc projects as required

• Accounting, Finance, Legal or Business Degree
• 5+ years' experience in a compliance role or internal audit role with an emphasis on AML/CFT.
• Strong verbal and written communication skills
• Efficient and well organized with exceptional attention to detail
• Ability to work under pressure and to tight deadlines
• Self-motivated with the ability to work effectively within a team structure and individually
• IT literate