Compliance Analyst

Compliance Analyst

Reporting to the Vice President (VP), Country Compliance Officer, the Compliance Analyst will be responsible for providing support to the senior members of the Compliance team. The incumbent will ensure that Group Compliance and Financial Crime policies and procedures follow best practice in terms of meeting legislative and regulatory requirements and have the ability to be a product business partner for Compliance and Financial Crime matters.

Your responsibilities will include:

• reviewing and monitoring cases escalated to compliance for approval, conducting risk assessments and approving recommended risk ratings
• preparing and submitting various regulatory returns to external authorities
• preparing documentation related to ad hoc queries arising from law enforcement and other regulatory agencies
• reviewing transactions and monitoring reports, name screening hits and other escalations, including internal disclosure reports and assisting with drafting external suspicious activity reports, as required
• managing compliance initiated exits through to closure
• communicating compliance and risk management requirements to stakeholders; addressing queries and concerns and assisting with the delivery of employee training
• notifying management when standards are not met; making recommendations for rectification or improvement
• identifying data quality issues then recommend solutions and implement change
• taking ownership of specific tasks as delegated by senior compliance team members

About the team

The Compliance department ensures that the Bank complies with all applicable laws and regulations in the jurisdictions it operates, and it plays an essential role in helping to preserve the integrity and reputation of our business. It is responsible for establishing regulatory policies within the Bank and monitoring changes in economic conditions and regulatory requirements keeping Butterfield is up-to-date with the latest thinking.

Your qualifications and skills include:

• minimum of five years’ compliance and financial crime, or related experience
• ability to promptly and appropriately escalate risks and/or failure of standards to be met, to leadership
• strong communication skills, both written and spoken with relevant internal stakeholders on Compliance and Financial Crime standards
• ability to analyse reports, identify failings and to notify same together with recommendations for remediation
• ability to produce and maintain reliable record keeping arrangements of activities undertaken to ensure that such records meet internal and external requirements
• ability to operate effectively in a multi-disciplinary team, cross-jurisdictionally and independently deliver high quality work
• technical knowledge to assist in developing and facilitating compliance and financial crime training activities
• strong analytical and problem-solving skills
• ability to multi-task and work to tight deadlines
• high ethical standards with the ability to handle sensitive and confidential matters with absolute discretion
• ability to liaise and communicate within a team in order to ensure the effectiveness of the compliance and financial analytical activities