Risk & Compliance Specialist at CaribbeanCatalyst Inc. Saint Michael, MN

Risk & Compliance Specialist job at Caribbean Catalyst Inc.. Saint Michael, MN.

Our client, a reinsurance company based in Barbados, is seeking to recruit an experienced professional for the role of Risk & Compliance Specialist.

The Risk & Compliance Specialist will report to the Corporate Services Manager and will be responsible for:

• Ensuring compliance with all regulations and legislative requirements impacting the group of companies under the company’s portfolio.
• Maintaining updated Compliance Policies and Entity Risk Assessments.
• Implementing and overseeing established compliance programs to support effective and efficient business processes.
• Working with the operations teams to remediate incidents of non-compliance.
• Managing ongoing refresh requirements.
• Assisting with the implementation of compliance related projects.
• Preparing quarterly compliance Board Meeting reports.
• Preparing materials for regulatory and independent reviews.
• Assessing customers ensuring completed KYC documentation, analysis and customer risk profiles.
• Preparing and maintaining required documentation for new and existing bank and custodial accounts and investment market openings.
• Completing and coordinating documentation required by legal and acquisition teams to implement strategic transactions.

The Risk & Compliance Specialist will possess:

• A Bachelor’s degree in Law or Accounting with a minimum of five (5) years’ post graduate accounting/audit, corporate secretarial or paralegal experience.
• An ACCA or Chartered Secretary designation.
• Sound knowledge of the Barbados Regulatory environment shaped by the Financial Services Commission and the International Business Unit.
• Excellent organisational, analytical and problem-solving skills with an eye for detail and accuracy.
• Strong project management skills.
• Excellent interpersonal skills with the ability to work in a small office environment.
• Respect for confidentiality.
• An ability to use initiative and prioritise efficiently.
• High proficiency in the use of compliance management software and Microsoft Office Suite;
  Word, Excel, PowerPoint.