Compliance Analyst

Job title: Compliance Analyst – Sagicor Life (Eastern Caribbean) Inc. (SLECI), St. Lucia. Alternate Compliance Officer for SLECI, St. Lucia and Sagicor Finance Inc. (SFI).

Overview

Assists with the execution of the AML-CFT-PF and FATCA-CRS compliance functions for Sagicor Life (Eastern Caribbean) Inc. (SLECI) and other affiliates in the Sagicor Southern Caribbean business region.

Key Duties and Responsibilities

• Reviews applications for new and existing customers, including assessment of Know Your Customer (KYC) and tax compliance information.
• Conducts enhanced due diligence on high-risk individuals and/or companies and submits findings to the Senior Compliance Officer for review and approval where necessary.
• Performs risk-based assessments of customers, including re-rating and progress reporting.
• Conducts transaction monitoring, including review of Declaration of Source of Funds forms, AML Casual Payments and Withdrawal Reports, AML Source of Funds Control Reports and other transaction monitoring reports.
• Assists in providing AML-CFT-PF and FATCA-CRS training to staff and agents of Sagicor Life (Eastern Caribbean) Inc.
• Provides guidance to employees regarding AML-CFT-PF and FATCA-CRS regulatory updates appropriate to the company's operations.
• Assists in preparing internal reports on suspicious or unusual transactions.
• Maintains relevant registers for AML-CFT-PF and FATCA-CRS compliance (e.g., internal reports, external reports, FIU enquiries, DSOFs, high-risk customers, exempt customers, training).
• Assists in preparing reports on terrorist financing activity where appropriate.
• Prepares monthly, quarterly and other periodic Compliance Officer reports.
• Supports fostering a compliance culture and updating AML-CFT-PF and FATCA-CRS policies and procedures.
• Assists with Automatic Exchange of Information Tax Compliance functions and with annual FATCA-CRS reviews (e.g., obtaining self-certification forms/TINs, verifying annual report accuracy before filing).
• Keeps up to date on local and international FATCA-CRS developments.
• Filing FATCA-CRS submissions with the regulator and supporting external/internal audits as required.
• Assists with other AML-CFT-PF and FATCA-CRS regulatory requirements as they arise.
• Tracks and files AML-CFT-PF and FATCA-CRS compliance filings in Governance Risk Compliance software and documents related policies and procedures.
• Serves as Alternate Compliance Officer for SLECI, St. Lucia and SFI.
• Any other duties as assigned.

Education/ExperienceKnowledge & Skills Required

• Bachelor's degree in management, business, finance, law, accounting or a related field and at least 3 years' experience in a similar role.
• A minimum of 3 years' work experience in a compliance/internal audit environment.
• Completion of CAMS or equivalent designation is desirable.
• Good knowledge of local and industry-related AML requirements.
• Registration with a recognised compliance association is an asset.
• Good knowledge of products, services, operations and systems; familiarity with laws, regulations and regulatory agencies related to assigned areas.
• Proficiency in Microsoft Office software.
• Strong interpersonal skills and ability to establish harmonious relationships with managers, staff/advisors and clients.
• Ability to anticipate and respond to internal customers' needs and expectations; maintain confidentiality and handle sensitive situations.
• Excellent written and verbal communication, administrative and organizational skills.
• Proven research, analytical and project management abilities; capable of managing multiple tasks in a dynamic environment and adapting to change.
• Ability to work under pressure to meet deadlines with accuracy and attention to detail.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Legal

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