Head of Risk and Compliance

Trident Trust is a leading independent provider of corporate, trust and fund services to the financial services sector worldwide, employing over 1,100 staff across a global footprint that spans Africa, the Americas, Asia, the Caribbean, Europe and the Middle East. Client focused and service oriented, we only employ individuals who are professionally minded, committed and able to demonstrate good interpersonal skills.

The Role

The successful candidate will be responsible for the monitoring and supervision of the Company’s compliance policies and procedures, AML audits, Quality Assurance testing and outsourcing arrangements and will be the principal liaison between the Company and the regulatory authority.

Duties

 Act as AMLCO and MLRO to the Trust and Fund businesses

• Develop, implement, and maintain a comprehensive compliance framework aligned with CIMA regulations and international best practices
• Keep abreast of all Cayman AML, CFT, PF and Sanctions regulatory updates and advise the Board of any required changes
• Provide AML, KYC, PF and Sanctions guidance to internal teams
• Lead investigations into potential compliance breaches and manage the reporting of suspicious activity to the Financial Reporting Authority (FRA)
• Determine primary regulatory, compliance, financial crimes and sanctions risks for the Company and assist the Board with developing strategies to mitigate the identified risks
• Work closely with the Operations to develop compliance systems and controls
• Train staff on compliance and regulatory requirements
• Work closely with and maintain good relationships with the Cayman Islands Monetary Authority and the FRA
• Oversee the production of reports, management information and board reporting
• Work closely with the Regional Compliance team and Internal Audit to address audit findings in a timely manner
• Oversee the annual assessment and KPIs of outsourced partners
• Oversee the business risk assessments

Skills and Knowledge

 Bachelor’s degree in Law, Finance, Business Administration, or a related field; advanced degree or professional certification (e.g., ICA, ACAMS, CAMS-Audit) preferred

• A minimum of 10 years compliance experience within a similar regulated trust and fund service provider of which 5 must have been in a leadership role
• Experience working with Trusts and Funds
• Experience dealing with CIMA
• In-depth knowledge of AML, CFT, PF, Sanctions and regulatory requirements in the Cayman Islands
• Experience in virtual asset service provider (VASP) compliance is an asset
• Professional and enthusiastic communicator
• Relationship management and negotiation skills
• Organized and able to distil requirements into structured output
• Problem-solving and incident management skills
• Leadership to help cultivate an effective and positive environment
• Strategic thought to input into future direction and translate into actionable plans

Remuneration

An attractive compensation package will be based upon the successful candidate’s relevant experience and overall suitability of the position.

How to Apply

Applications, which will be treated in the strictest of confidence, should include a full C.V. Please submit to:

Managing Director

Trident Trust Company (Cayman) Limited

Tel: +13459145380

Email: [email protected]