Compliance Officer

We are looking on behalf of our client, a well established Private Bank in Gibraltar, for a Compliance Officer.

Duties include, but are not limited to:

• Monitor changes in regulatory requirements and assess their impact on the Bank’s operations.
• Identify and report any compliance issues to the Head of Compliance, Risk and Ethics.
• Conduct due diligence on clients and transactions to detect and prevent financial crime.
• Report suspicious transactions and escalate them to the appropriate authorities, as necessary.
• Assist in the development and implementation of financial crime systems and controls.
• Provide compliance training to staff members and ensure they are aware of and understand compliance policies and procedures.
• Foster a culture of compliance awareness within the Bank.
• Maintain accurate records of compliance activities, reports, and findings.
• Provide support with preparation and submission of regular compliance reports to Management and regulatory authorities as required.
• Assess the Bank’s compliance-related risks and assist in developing risk mitigation strategies.
• Serve as a point of contact for regulatory authorities and respond to inquiries or requests for information.
• Collaborate with external advisors and consultants on compliance matters.

Required:

• A bachelor’s degree or relevant experience in a compliance role, preferably within the financial industry.
• Knowledge of financial regulations and financial crime requirements.
• Excellent analytical, communication, and interpersonal skills.
• Detail-oriented with a commitment to accuracy and quality.
• Ability to work independently and collaboratively within a team.