Associate

Waystone are looking to add an Associate to their Compliance team.  You will be responsible for proactively managing and supporting Cayman Compliance Services clients and related stakeholders as well as assisting the Business Unit in the management of ongoing and large-scale operational risk deliverables.

The ideal candidate will have a strong work ethic, be organised and have great time-management skills. This role requires strong attention to detail and ability multi-task and prioritise. We are looking for someone who is a self-starter and can manage their own workloads.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• • Assume responsibility for relationship management support to existing client relationships and new clients across their different touch points within Waystone.

    • Provide advice, guidance, and support across the business to identify, assess, manage and measure operational risks in accordance with the relevant regulatory policies.

    • Assist with the design and implementation of internal and operating controls.

    • Developing and implementing internal policies and procedures, and instruction manuals to support CCS and its staff. Addressing data integrity, client servicing, accounting, and reporting.

    • Coordinate teamwork between the internal existing teams to promote prompt and thorough response to client requests.

    • Actively question methods and processes with the key to making the team more effective and efficient, including identification of opportunities to increase efficiencies through workflow and knowledge management.

    • Prepare detailed reports to CCS management as and when required.

    • Develop and maintain detailed knowledge of Waystone operations and the regulatory implications thereof.

    • Managing team of multifaceted professionals to support the day-to-day fulfilment of the CCS business unit.

    • Contribution to the development of the CCS business unit through training and mentoring to promote cohesiveness.

    • Managing day to day workflows to ensure client enquiries are accurately and efficiently responded to in a timely basis while ensuring that the responses comply with internal and external data security protocols.

    • Provide support to the Directors and Associate Directors in servicing Cayman and BVI domiciled funds as and when required.

    • Liaising with key internal stakeholders to procure reporting metrics, decision management reporting and identity cross department efficiencies.

    • Management of finance responsibilities to the business unit.

    • Ensure all relevant matters are escalated as and when required.

    • Provide support and assist with ad hoc projects as required.

    • Foster positive team environment and ensure open communication.

    • Carry out duties with minimal oversight.

    • Assist with monitoring the Money Laundering Reporting functions - testing of client internal controls regarding AML/CFT compliance, prepare board reports for fund governing boards and communicate with clients to resolve any potential issue

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION

Bachelor’s Degree, with sound academic achievement.

EXPERIENCE

• • 2-5 years’ experience within Legal and/or Financial Services, or other professional capacity.
    • Candidate should have a client facing background and be motivated with enhanced networking skills and adept at building and maintaining internal and client relationships.
    • Compliance and/or risk management experience would be an asset.
    • Must be able to work in a fast-paced environment, including reporting and providing support to various members of the team.
    • Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail is required.
    • Experience with drafting internal policies and procedures and instruction manuals.
    • Offshore industry experience would be an asset.
    • Knowledge of the Cayman Islands and Money Laundering regulations & guidance notes and local legislation would be an asset.
    • Excellent interpersonal and communication skills, both written and verbal.
    • Experience motivating a team and adhering to tight deadlines in high volume environment.
    • Strong MS Office and Analytic Skills; mid-level information management software experience required.