"Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!" Sagicor Group Jamaica Limited is seeking a suitable candidate to join our Enterprise Risk Management & Group Compliance team in the capacity of: Compliance Officer
(Grade 3) Provide support in executing the Group’s Compliance Program and ensuring that compliance risks are mitigated. Monitor, identify, analyse and report customer transactions/activity to ensure the Group is in compliance with regulatory and internal requirements. Assist the Vice President of ERM & Group Compliance at a level that will enhance the effective operation of the department and the achievement of the goals and objectives. Location: Kingston As a Compliance Officer, you will: - Perform risk-based analysis and evaluations of compliance related matters referred to the department.
- Maintain accurate, up to date records of all actions, in-depth research and decisions taken, ensuring decisions are in accordance with legal and regulatory requirements and internal policies and procedures.
- Keep informed on changes in related laws and regulations in all jurisdictions of responsibility and provide recommendations for changes in internal policies/procedures to ensure compliance.
- Complete statutory reports such as suspicious activity report, suspicious transaction report, threshold transaction report, court orders and requests for information as assigned.
- Investigate any suspicious activity and/or medium/high risk clients received through referral or assignment.
- Ensure case files and information are prepared in a timely manner, retained in accordance with procedures and include appropriate recommendations to management on actions to mitigate AML compliance risks.
- Conduct daily monitoring of all FATCA cases in the designated tool and all manual cases received.
- Prepare and upload FATCA reports to the regulatory authorities for all required entities in the Sagicor Jamaica Group.
- Support implementation of appropriate software solutions.
- Prepare and disseminate relevant internal and regulatory compliance reports, ensuring operational compliance with the Proceeds of Crime Act (POCA), the Terrorism Prevention Act and other legislations.
- Prepare daily/weekly/monthly/quarterly reports and scorecards to support the preparation of board and sub-committee reports as well as ad hoc reports.
- Monitor BWISE filings and ensuring timely and accurate reporting.
- Review audit reports, prepare logs and follow up on outstanding issues.
- Conduct periodic review medium and high-risk clients as assigned.
- Provide recommendations to management on regulatory matters impacting the business to mitigate money laundering/terrorist financing activities.
- Provide insight, feedback and guidance to the business based on specialized knowledge of applicable regulations relating to the prevention and detection of anti-money laundering and terrorist financing activities, FATCA and other compliance risks, escalating issues as necessary.
- Perform other job-related duties assigned from time to time.
What do you need? - Bachelor’s degree in Business Administration, Banking & Finance, Accounting, Law from a recognised tertiary institution and/or related professional certification such as ACAMS Certified Anti-Money Laundering Specialist, ICA Compliance Certification or equivalent qualification.
- Two (2) years’ experience in a branch or Compliance related function in the financial industry.
- Sound knowledge of computer software packages including spreadsheet and word processing applications.
- Knowledge and understanding of relevant laws and regulations relating to the Banking, Securities and Insurance industries.
- Knowledge of anti-money laundering regulations and guidelines: Proceeds of Crime Act (POCA) & Regulations, Bank of Jamaica (BOJ) Guidelines on the Detection and Prevention of Money Laundering and Terrorist Financing Activities, Financial Securities Commission (FSC) AML Guidelines, Financial Investigations Division (FID) Act and advisories, Companies Act, Securities Act, Income Tax Act.
- Strong analytical, problem-solving, decision-making and research capabilities, building partnerships with stakeholders, innovation, teamwork.
- Strong ability to partner and work cross-functionally.
- High degree of confidentiality and professionalism.
- Ability to work with minimal supervision in meeting deadlines.
- Ability to communicate effectively both orally and in writing.
- Strong interpersonal and communication skills.
- Ability to produce report.
If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than October 17, 2025. While we appreciate all applications, only shortlisted candidates will be contacted. |
