Senior AML Officer

The job requires the incumbent to assist the Director, Compliance and Inspections in implementing a risk-based approach to AML/CTF/CPF policy framework.

The Trinidad and Tobago Securities and Exchange Commission invites applications to fill the three (3) year contract position of Senior AML Officer in the Compliance & Inspections Division.

A.  Job Summary

The job requires the incumbent to assist the Director, Compliance and Inspections (Director) in implementing a risk-based approach to anti-money laundering/countering terrorist financing/countering proliferation financing (AML/CTF/CPF) policy framework and be a source of expertise to ensure the Commission effectively meets its AML obligations as a supervisory authority. 

 B.  Responsibilities/Accountabilities

• Identifies/assesses AML/CTF/CPF risk of registrants in the sector, by conducting surveys and other means and updating assessments to guide the Commission’s AML/CTF/CPF policy framework.
• Contributes to implementation of the Commission’s AML/CTF/CPF policy decisions on areas of concern by collating and analyzing cumulative results of risk assessments.
• Assists the Director in developing and implementing the Unit’s AML Work Plan.
• Performs general oversight of the AML Analyst.
• Reviews Compliance Officer applications and requests for designation of alternate Compliance Officers and recommends approval/non-objection, as necessary, for CEO approval.
• Reviews all Commission issued AML/CTF/CPF guidance to ensure alignment with legislative provisions and international standard setting bodies and recommends amendments for strengthening such guidance.
• In consultation with the Director, liaises with Legal in recommending amendments to AML/CTF/CPF laws and internal procedures.
• Conducts research for drafting of and/or drafts supervisory guidelines, policies procedures and reporting requirements as directed and ensures alignment with international standards and best practices as well as the domestic legal and regulatory framework.
• In consultation with the Director, conducts outreach or sensitisation sessions with registrants to clarify any Commission issued guidance or inform of emerging trends.
• Collaborates with other supervisory authorities in reviewing AML policy framework.
• Liaises with officers in Compliance and Inspections Division regarding findings from AML/CTF/CPF compliance reviews and identifying issues and emerging trends impacting registrants (and the sector) and keeps the Director abreast of these developments.
• Performs other related duties as required.

 C.   Minimum Qualifications, Experience & Knowledge

•  Bachelor’s Degree in Finance/Business/Accounting or related field. 
• 5 years’ experience at a professional level in a regulatory environment or related field.
• Post graduate qualifications in Finance/Accounting or a related field will be an asset.
• Any other equivalent combination of education, training and experience would be considered.
• CAMS or FIBA or other relevant AML/CFT accreditation will be an asset.