Senior Regulatory Affairs Compliance Specialist
1 month ago
At Waystone Governance Ltd., we are seeking an experienced Senior Regulatory Affairs Compliance Specialist to join our team. This role offers a unique opportunity to work with a leading specialist services firm in the asset management industry.
About UsWe have been at the forefront of specialist services for over 20 years, partnering with institutional investors, investment funds, and asset managers. Our success depends on attracting and retaining top talent and providing them with diverse professional development opportunities.
The RoleThis is an exceptional opportunity for a seasoned compliance professional to serve as an Anti-Money Laundering (AML) Compliance Officer (AMLCO), Money Laundering Reporting Officer (MLRO), and/or Deputy MLRO for a diverse portfolio of Cayman Islands funds and Securities Investment Business Act (SIBA) asset managers.
- Serve as AMLCO, MLRO, and/or DMLRO for a broad range of fund clients, including hedge funds, funds of funds, private equity funds, private credit funds, and real estate funds.
- Support Directors and Associate Directors in servicing Cayman and BVI domiciled funds as needed.
- Maintain relationship management support across client touch points within Waystone.
- Oversee clients' AML compliance programs, ensuring systems and controls align with Cayman Islands' Anti-Money Laundering Regulations and relevant legislation.
- Conduct regular audits of clients' AML compliance programs.
- Evaluate risk assessments/calculations and risk-based approaches.
- Report periodically to clients' boards of directors on the adequacy of AML systems and controls.
- Assist in supervising and monitoring Waystone employees supporting AMLCO, MLRO, and/or DMLRO roles.
- Provide expert advice on transformation projects and best practices.
- Coordinate with Waystone's internal Compliance Department and manage project tasks as directed by Cayman Compliance Directors.
- Develop and deliver AML compliance-related training.
$120,000 - $150,000 per annum
RequirementsTo be successful in this role, you will need:
- A minimum of 3-5 years of relevant experience in compliance, governance, risk, financial, or consulting roles in the Cayman fund services sector.
- Knowledge of the Cayman Islands AML regulatory framework would be beneficial.
- Prior experience being appointed as a Cayman regulated fund's named AMLCO/MLRO would be an asset.
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