Compliance Assistant

You will be responsible for reporting results of the compliance/ethics efforts of the Bank to the Compliance Lead/Manager on matters relating to compliance.

Key responsibilities:

• Carrying out verification of Customers’ files/ accounts to ensure compliance with the Bank’s Policy and Bank of Mauritius Guidelines on AML/CFT.
• Review of transactions when conducting file review.
• Conduct proper investigation in relation to transactions considered suspicious along with Financial Crime/ AML Cluster.
• Assist in reviewing and evaluating recent negative news related to clients.
• Assist the Financial Crime / AML cluster on AML CFT issues in carrying out investigation of fraudulent transaction in order to mitigate the threats of money laundering in the organization and produce meaningful Financial Crime Reports and Analysis along with Financial Crime/ AML Cluster.
• Assist Regulatory Cluster to review and identify changes in AML regulations, assessing potential impact on existing policies/procedures and implementing changes to ensure compliance. 
• Provide AML compliance advice / training to the Business and Support functions with respect to due diligence/KYC standards and on applicable internal policies/local regulations along with the two other Clusters.
• Assist in reviewing the AML/CFT Policy in line with regulatory requirements.
• Contribute in identifying potential weaknesses in processes.
• Stay current with money laundering and terrorist financing behaviours, issues, policies, regulations, criminal typologies, industry best practices, and developing trends.
• Assist in gathering information for On-site Examination by the Regulator and audit carried out by internal and external auditors.
• Ensure that information gathering is done on a timely basis and its accuracy further to request for information on customers of the bank from the Local Authorities.
• Provide Management information as and when required.
• Any other duties that may be assigned to you.