Senior Compliance Analyst

Senior Compliance Analyst

Reporting to the Vice President (VP), Country Compliance Office & MLRO, the Senior Compliance Analyst will be responsible for providing support to the Compliance team in ensuring 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 ongoing 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 transaction monitoring reports, name screening hits and other escalations, including internal disclosure reports and assist 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 assist with the delivery of staff training
• notifying management when standards not met with recommendations for rectification or improvement 
• identifying data quality issues, recommend solutions and implement change
• taking ownership of specific tasks as delegated by 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 5 years Compliance / 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 recordkeeping 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
• ability and 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
• have an ability to liaise and communicate competently within a team in order to ensure the effectiveness of the Compliance and Financial analytical activities