Skills Required: • Finance services experience of 3+ years working within a financial environment, Funds experience an advantage. • Good understanding of the Anti-Money Laundering / Countering the Financing of Terrorism (“AML/CFT”) laws in Mauritius.
AML/CFT Auditor - Mauritius
Role Location: Mauritius
Department: Apex Compliance Services (External Compliance)
Employment Type: Permanent
JOB DESCRIPTION
Title: Associate, Mauritius
The Role: The successful applicant will be part of the Apex Global Compliance Solutions team and will be responsible for developing and providing Compliance, AML/CFT and Regulatory services and solutions to clients in Mauritius.
Key Responsibilities/List of Duties:
• Assist Seniors in carrying out Independent Audit of Financial Institution(s) (FI(s)) in accordance with the Anti-Money Laundering / Countering the Financing of Terrorism (“AML/CFT”) laws prevailing in Mauritius including the FI’s AML/CFT programme, policies, and procedures with the FIAMLA, FIAML Regulations 2018, and the FSC AML/CFT Handbook.
• Ensure that the audit works are complete in terms of presentation, quality of audit work, completeness, and accuracy of audit deliverables.
• Assist Seniors in carrying out and performing walkthrough of business processes, identifying key AML/CFT Risk and Controls and designing an appropriate risk control matrix
• Responsible for the test on the Design & Implementation and Operating Effectiveness of controls procedures in place as per the relevant risk control matrix.
• Responsible for the audit sample preparation for Shareholders, transactions, Eligible Introducers, Omnibus, PEP, Beneficial Owners, and others.
• Being able to test the adequacy of the onboarding customer due diligence and enhanced diligence procedures carried out on customers with particular emphasis on high-risk operations (products, service, customer, and geographical locations) in line with KYC onboarding checklist and AML/CFT regulations.
• Perform audit sample testing on appropriate transaction as part of inwards and outwards remittances including a review of suspicious transactions reporting in line with AML/CFT regulations.
• Responsible to escalate to seniors and UH on matters for which audit deliverables might be compromised.
• Being able to attend meetings to discuss any queries raised by the audit team and assist to discuss audit findings with the concerned stakeholders
• Responsible to document preliminary audit observations and findings and discuss with team members
• Assist to draft the independent AML/CFT Audit Report and Management Letter for reporting purposes.
Ensure a high standard of delivery to clients;
• Manage production of client deliverables;
• Ensure deliverables are produced and reviewed to a high standard and delivered in a timely manner;
• Ensure deliverables are produced in line with the appropriate regulatory standards, local regulations, policies and procedures;
• Build excellent working relationships with clients;
• Strong interpersonal, team work and attention to detail;
• Ensure all work undertaken complies with the client’s documentation, relevant regulatory requirements and anti-money laundering regulations;
• Review and recommend changes to client deliverable processes;
Skills Required:
• Finance services experience of 3+ years working within a financial environment, Funds experience an advantage.
• Good understanding of the Anti-Money Laundering / Countering the Financing of Terrorism (“AML/CFT”) laws in Mauritius.
• Relevant professional qualifications e.g. AML, CDD, Compliance, Risk, or equivalent
• Experience in Customer Due Diligence (CDD/KYC) on various international corporate structures.
• Excellent communication and organisation skills.
• Motivated and driven and a team player.
• Ability to adapt to change
What you will get in return:
• A high level of visibility within a large organisation on an upwards trajectory
• The ability to define marketing processes to drive innovation and have a tangible impact on the business
• Be part of a dynamic and fast-paced team that makes a genuine impact on the business
• Exposure to all aspects of the business, cross-jurisdiction
• The opportunity to innovate, bring discipline to brand activity and really make a difference.