To provide administrative and technical support to the Regional Compliance Officer as it relates to AML/CFT Compliance; Support the efficient management of the Dominican AML/CFT Compliance Portfolio towards executing the AML/CFT mandate of the Regional Legal and Compliance Department.

KEY RESPONSIBILITIES:

• Be the point of contact for the Regulator, the FIU and other third parties concerning money laundering, terrorist financing and related matters;
• Monitor customer transactions and analyze and report suspicious activities.
• Be responsible for receiving and recording the receipt of the Internal Suspicious Activity Reports ISAR in the designated log;
• Be responsible for gathering pertinent customer information and all other relevant documents in order to assess the validity of the suspicion and conducting branch visits as necessary;
• Maintain records of all Internal Suspicious Activity Reports and External Suspicious Activity Reports forwarded to the FIU;
• Respond and maintain records of all enquiries made by the FIU and any other Law Enforcement Authorities;
• Undertakes reviews (including testing) of compliance with internal AML/CFT policies, procedures, controls and information systems;
• Validate and record all cash loan contracts entered into the system on a daily basis.
• Prepare reports on AML/CFT activities and submit to the CO for submission to the Board of Directors.
• Monitor, update and disseminate High Risk Jurisdiction Bulletin on the Financial Actions Task Force’s (FATF) and the Caribbean Financial Action Task Force (CFATF) lists of jurisdictions having deficiencies in their AML/CFT regime;
• Monitor the United Nations Security Council List (UN1267); the Office of Foreign Assets & Control (OFAC List) and any other Order issued by the High Court of the respective jurisdiction, against the customer database and report confirmed matches;
• Report every quarter to the FIU on the existence of accounts established for facilitating the financing of terrorism and/or sanction listed customers.
• Any other relevant special compliance projects and/or compliance duties.

JOB SPECIFICATION

Qualification / Education

• An undergraduate degree or equivalent professional qualification in AML/CFT Compliance, Law, Business, Finance, and or Law enforcement or related field
• AML/CFT Certification - ACAMS, FIBA or similar certification  

Skills, Knowledge & Experience:

• At least three years’ experience in AML/CFT reporting work environment.

• Administrative skills: analytical, monitoring and evaluation skills
• Accuracy, thoroughness, and problem-solving skills
• Familiarity with the roles and responsibilities associated with compliance reporting
• Training skills: In-person/Virtual
• Thorough knowledge of AML/CFT guidelines, policies & procedures & ability to apply to related company policies and risk management procedures
• Accuracy, thoroughness, attention to detail
• Exceptional communication, (verbal & written) skills; and ability to relate at all levels

Personal Characteristics

• Ability to work independently and on own initiative
• Highly motivated
• Confidential, discreet, and tactful
• Strong work ethics and integrity
• Ability to manage stress
• Ability to manage heavy workload