Compliance Officer & Money Laundering Reporting Officer

Compliance Officer & Money Laundering Reporting Officer

TerraVest Holding Limited a company incorporated in the British Virgin Islands, is seeking a highly skilled and experienced Compliance Officer & Money Laundering Reporting Officer for its group of subsidiary financial services companies. As a key member of our compliance function, you will be responsible for ensuring that the organizations comply with all relevant laws, regulations, and industry standards, while also identifying and reporting potential money laundering and terrorist financing risks.

Key Responsibilities includes but is not limited to:

• Develop, implement, and maintain a comprehensive compliance program that ensures adherence to all relevant laws, regulations, and industry standards.
• Conduct regular risk assessments to identify potential money laundering and terrorist financing risks, and develop and implement strategies to mitigate these risks.
• Monitor and report on suspicious transactions and activities, and collaborate with law enforcement agencies and other relevant authorities as necessary.
• Develop and maintain relationships with internal stakeholders, including senior management, business units, and other departments, to ensure effective communication and coordination.
• Stay up-to-date with changes in laws, regulations, and industry standards, and ensure that our organization's compliance program is updated accordingly.
• Conduct regular audits and file reviews to ensure that our organization's compliance program is effective and compliant with all relevant requirements.
• Develop and implement training programs for employees to ensure that they understand their compliance responsibilities and obligations.
• Collaborate with other departments, to ensure that our organization's compliance program is integrated and effective.

Qualifications and Experience:

• Relevant qualifications which demonstrate an ability to fully understand the regulatory regime.
• Relevant experience gained from acting in a compliance role or at a senior level connected with the financial services business, having at least 5 years relevant experience.
• The Compliance Officer & Money Laundering Reporting Officer should be fit and proper.

The successful candidate:

• Must be highly organized and self-driven.
• Strong attention to detail and ability to prioritize tasks effectively.
• Ability to maintain confidentiality and handle sensitive information.
  Must be able to work under own initiative as you will be running your own department.
• Have the ability to professionally and effectively communicate via oral and written communication with all levels internally and externally.

Please submit your application, including your resume and a cover letter.

Successful applicant will be subject to the approval of BVI Financial Services Commission.