Name:

Department:

Compliance

Job Title:

Compliance Officer (Jnr.)

Grade:

4

NB: This document is intended to reflect the general details considered necessary to describe the principal functions of your job and should not be construed as a detailed description of all the work requirements that may be inherent in the job.

I

OBJECTIVES

• To ensure compliance by Member Firms with relevant financial, securities and AML/CFT laws, regulations, rules,  guidelines and procedures
• To identify industry related potential risk areas and create/apply audit programs to reduce/minimize same
• To ensure areas internal to the exchange operate within documented policies and procedures
• To fulfil all reporting requirements so related

II

KEY RESPONSIBILITIES

• Develop, recommend and monitor the application and effectiveness of procedures relative to the conduct of examinations for broker back office operations
• Identify risk areas for review
• Liaise with Exchange Accountants and member firms auditors to ensure that liquidity returns and audited Financial Statements are filed on a timely basis
• Prepare visit reports for examinations conducted on Member Firms and recommend action if required
• Conduct internal compliance audits, prepare reports and recommend action if required
• Interrogate databases for analysis
• Develop, recommend changes, and/or update policies and procedures as needed
• Provide guidance to staff and member community on compliance related matters
• Other related duties

III

KEY RELATIONSHIPS

• Report to the Compliance Officer
• Interact with member firms of the Exchange, internal staff, SEC and other regulatory agencies

IV

ACCOUNTABILITY

• Surveillance of broker and TTSE/TTCD operations.
• Effectiveness of internal controls within TTSE/TTCD
• Fulfilling all assigned aspects of compliance both internal and external
• Responsiveness to regulatory changes

V

PERFORMANCE PARAMETERS

• Adherence to procedures, rules and regulations
• Timely and accurate completion of all aspect of compliance reviews and reporting – specific metrics as defined in annual goals
• Complete and accurate documentation maintained in relation to all aspects of compliance reviews and internal audit – specific metrics as defined in annual goals
• Responsiveness and support to client/customer requests – specific metrics as defined in annual goals
• Initiative, problem solving, adaptability and willingness to participate in all aspects of the business and interest in self development

VII

QUALIFICATIONS

• First Degree or equivalent professional qualification (a combination of qualification and relevant experience will also be considered)
• Working knowledge of the relevant laws and regulations of Trinidad and Tobago as they relate to compliance in the securities industry
• Experience in leading investigations related to audit and compliance (will be an asset)
• Experience in planning audit and compliance programmes (will be an asset)
• Excellent reasoning and analytical skills
• Good written and oral communication skills
• Proficient in Microsoft Word, Excel, PowerPoint
• Organizational  skills
• Ability to multitask