Junior Compliance Officer

The purpose of the job is to provide technical and operational compliance support for the Supreme Ventures Group of Companies (SVG).

Supreme Ventures Services Limited, a subsidiary of Supreme Ventures Limited is seeking to identify a Junior Compliance Officer.

The Junior Compliance Officer will join our dynamic team of Compliance Officers and will provide technical and operational compliance support for the Supreme Ventures Group of Companies (SVG). The successful candidate will be employed to SVSL, specifically assigned* to Financial Services compliance, serving Supreme Ventures Fintech Ltd and Evolve Lend Co. Ltd, and any other financial service company which may become part of SVG. Responsible for supporting the Compliance Team in ensuring that all the remittance and microcredit operations adhere to the relevant laws, regulations and internal policies.

ROLE AND RESPONSIBILITIES:

• Perform initial and ongoing KYC reviews for remittance clients and microcredit borrowers
• Assist in verifying customers identity documents, screening against sanctions/global watchlists and updating customer risk profiles
• Review automated alerts generated by the transaction-monitoring system and document findings and recommendations
• Escalate any red flags or discrepancies to the Senior Compliance Officer/AVP Reg & Compliance
• Monitoring transactions activities for usual or suspicious patterns
• Assist with the preparation and filing of regulatory reports (Threshold Reports, Suspicious Transaction Report (STRs) etc.
• Coordinate and track completion of mandatory compliance and AML/CFT training for staff 
• Respond to day-to-day compliance queries from operational teams regarding remittance issues/concerns, or lending guidelines.
• Provide documentation and support during internal and external compliance audits, regulatory assessments or third-party reviews 
• Assist in conducting periodic risk assessments for remittance corridors, microcredit product lines
• Investigate and immediately report all issues of non-compliance to the AVP Regulatory & Compliance
• Prepare a written summary report of compliance findings on a weekly basis for the manager’s review
• Provide ongoing compliance reports in addition to periodic and ad-hoc reports as required
• Maintain a thorough knowledge of all Regulatory Acts, Manuals and Standard Operating Procedures to include keeping abreast of all amendments as outlined by the various regulatory authorities under whose guidelines the Group operates 
• Serve as a resource for the Group in addressing compliance issues