Compliance Officer (6 Months Contract)

While we appreciate all applicants, only applications received via Sagicor's career portal https://career4.successfactors.com/career?company=sagicorfinP2 will be considered.

"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 (6-Months Contract)

Provide support in executing the Group’s compliance program and ensure that compliance risks are mitigated.

Monitor, identify, analyze and report client transactions/ activities to ensure the Group is compliant with regulatory and internal requirements.

Assist the Head of the department at a level that will enhance the effective operation of the department and the achievement of the company’s goals and objectives.

Location: Kingston

As a Compliance Officer, you will:

• Play a major role in performing risk-based analysis and evaluations of compliance related matters referred to the department in keeping with approved group processes and regulatory guidelines.
• 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.
• Complete statutory reports such as suspicious activity reports, suspicious transaction reports, threshold transaction reports, court orders and requests for information as assigned.
• Investigate any suspicious activity and/ or medium/ high risk clients received through referrals or assignments and ensure case files and information are prepared in a timely manner, retained in accordance with procedures.
  • Include appropriate recommendations to management on actions to mitigate anti-money laundering compliance risks.
• Conduct daily monitoring of all Foreign Account Tax Compliance Act (FATCA) and manual cases received in the designated tool.
• Analyze, evaluate and close FATCA cases in the designated tool.
• Prepare and upload FATCA reports to the regulatory authorities for all required entities in Sagicor Group Jamaica.
• Aid with the operational efficiency of the compliance program.
• Conduct periodic review of medium and high-risk clients as assigned and assist management in conducting compliance testing of the business units.
• Assist in conducting compliance related training including, but not limited to, anti-money laundering.
  • Assist with the integration of compliance requirements into business processes.
• Perform other related duties assigned from time to time.

What do you need? 

• Bachelor’s degree in Business Administration, Banking & Finance, Accounting or Law from a recognized tertiary institution AND/ OR related professional certification such as ACAMS Certified Anti-Money Laundering Specialist or ICA Compliance certification.
• At least two (2) years working experience in a banking or compliance related capacity in the financial industry.
• Knowledge and understanding of relevant laws and regulations relating to the banking, securities and insurance industries.
• Knowledge of anti-money laundering regulations and guidelines. 
• Strong analytical, problem-solving, decision-making and research capabilities.
• Strong ability to partner and work cross-functionally.
• Ability to work with minimal supervision in meeting deadlines.
• Sound knowledge of computer software packages including word processing and spreadsheet applications.

If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than April 25, 2025.

While we appreciate all applications, only shortlisted candidates will be contacted.