Compliance Manager - SCA Certified

Overview

• Keeping up to date with the requirements of FICA and Regulations and Guidance Notes issued by the FIC;
• Establish and managing the organisation’s compliance function pursuant to the requirements of FICA;
• Assisting the Senior Management with its annual review of the RMCP;
• Ensuring that the organisation is registered with the FIC and keeping a record of the organisation’s “goAML” log in particulars;
• Monitoring of changes to the organisation’s contact particulars and communicating such changes to the FIC;
• Initiating and facilitating the Product and Service ML/TF/PF Risk Analysis process;
• Initiating and facilitating reviews of the Client ML/TF/PF Risk Identification Criteria;
• Periodic screening of clients and employees against the UN Security Council Consolidated Sanction list and the FIC Targeted Financial Sanctions list;
• Monitoring compliance with the submittal and continued record keeping of all Cash Threshold Reports;
• Monitoring compliance with the submittal and continued record keeping of all Suspicious or Unusual Transaction Reports;
• Monitoring compliance with the submittal and continued record keeping of all Terrorist Property Reports;
• Monitoring compliance with the retention and back-ups of all FICA Transaction Records and Client Due Diligence Records;
• Ensuring that employees undergo annual FICA Awareness Training;
• Periodic review of Senior Management Approval Procedure;
• Periodic review of Client Due Diligence Activity Sheet;
• Periodic review of Client Due Diligence Forms;
• Ongoing Due Diligence and Monitoring of Existing Business Relationships;
• Client random spot checks: UN Security Council Consolidated list and the FIC Targeted Financial Sanctions list;
• Client random spot checks: False or Fictitious verification documents;
• Client random spot checks: DPEP, FPEP or PIP;
• Client random spot checks: Family or Associate of DPEP, FPEP or PIP;
• Monitoring Compliance with Client Due Diligence procedure;
• Monitoring Compliance with Additional Information on a New Business Relationship; and
• Annual review of the Compliance Monitoring Schedule.