Senior Manager, AML & Compliance (FSO Consulting)

About the role

EY's Financial Services Office (FSO) is looking for a Senior Manager for its AML/Financial Services Risk Management (FSRM) team in the Cayman Islands. The role sits within the BBC market segment (Bahamas, Bermuda, British Virgin Islands and Cayman Islands) and serves clients in insurance, banking and wealth and asset management. You will lead engagements as part of a multi-disciplinary EY team.

Key responsibilities

• Act as subject matter expert and deliver AML/ATF and sanctions compliance advisory to insurance, banking and financial services clients
• Design, review and update AML/ATF and sanctions compliance programs, risk assessments and controls
• Assess the design adequacy and implementation of controls and test their operational effectiveness
• Review transaction monitoring systems, alert investigation processes and regulatory reporting programs
• Carry out KYC and ongoing customer due diligence assessments and recommend policy and procedure improvements
• Conduct gap analyses against local AML/ATF and sanctions legislation and perform internal audits of compliance programs, recommending improvements
• Deliver remediation projects in response to regulator requests or enforcement actions
• Facilitate face-to-face and online training on AML/ATF and sanctions risks and obligations
• Manage engagements end to end, including project plans, budgets, timelines and client relationships, while delivering to agreed time and cost budgets
• Coach and counsel junior team members and help develop the practice through business development on priority accounts

Required profile

• Bachelor's degree in business, accounting, finance, computer science, information systems or a related discipline
• Minimum 8 years of relevant experience in a consulting or professional services firm, a public accounting firm, or as a business advisor in a financial services company
• Experience in the financial services industry
• Experience generating new business and managing projects with defined deliverables and budgets
• Willingness to travel and work beyond standard hours when necessary

Required skills

• Knowledge of AML/ATF and sanctions compliance requirements in local and overseas jurisdictions
• Project management, client relationship management and leadership skills
• Preferred: a service line certification such as CAMS, CPA, CA, CISA, CISSP, PMP, CIA or equivalent
• Preferred: experience developing, monitoring and auditing compliance to Cayman AML/ATF and sanctions requirements

What we offer

• A competitive compensation package linked to performance
• Total rewards including medical and dental coverage