The Anti Money Laundering Unit (AMLU) of the Portfolio of Legal Affairs is responsible for the coordination of anti-money laundering (AML) and combatting financing of terrorism (CFT) and counter proliferation financing (CPF) in the Cayman Islands. The AMLU reports to the Anti-Money Laundering Steering Group (AMLSG). The Portfolio of Legal Affairs is currently recruiting for a seasoned senior professional to assist the AMLU in coordinating efforts with Competent Authorities in the Cayman Islands on issues related to AML/CFT/CPF.
National Coordinator
Working collaboratively with the AMLU, the post-holder is instrumental in achieving the AMLSG’s strategic objectives. The functions of this post are diverse and include the coordination of all national Anti-Money Laundering/Counter Financing of Terrorism/Counter Proliferation Financing initiatives and the measures to be taken by all Competent Authorities to implement a National Action Plan. The post-holder will assist Competent Authorities in planning, coordinating and executing their AML/CFT/CPF strategies and activities. The National Coordinator will be responsible for developing national coordination mechanisms and objectives that align with the Core Issues of the 11 Immediate Outcomes for Effectiveness, with a view to preparing the jurisdiction for the 5th Round Mutual Evaluation (ME)
Applicants must:
- Be a qualified Attorney-at-Law with a minimum of five (5) years of relevant post-qualification experience in AML/CFT/CPF and/or regulatory framework; or possess a Master’s Degree in Finance, Economics, Public Policy or some other relevant subject, together with a minimum of seven (7) years of post-qualification experience in all aspects of the AML/CFT/CPF and/or regulatory framework.
- Have a minimum of three (3) years’ experience in a senior management position with demonstrable experience in the management/oversight of various stakeholders, setting strategic policies and organisation of personnel and other resources to deliver outputs.
- Be certified as a trained FATF Assessor with an extensive working knowledge of the FATF Methodology, the ME process, and the FATF International Cooperation Review Group (ICRG) procedures.
- Have prior experience conducting AML/CFT/CPF ME assessments is desirable. This experience will be demonstrated within a government or mature institution with a high standing within the international community.
- Have a sound working knowledge of the AML/CFT/CPF international framework and its major challenges, proven expertise in the AML/CFT field and experience dealing with public and private stakeholders in AML/CFT.
- Have demonstrable knowledge and understanding of international instruments, including the UN Security Resolutions and conventions relating to ML/CFT/CPF.
- Have a proven record of competent diplomatic and negotiating skills at a senior level within technical and political decision-making environments.
- Have excellent organisational skills and the ability to work in a multidisciplinary and multicultural environment.
- Have excellent communication and presentation skills and the ability to interact competently with various stakeholders
- Have the ability to build support across competent authorities for better policies based on evidence-based analysis.
A detailed job description, information on benefits and your opportunity to apply for this post through the creation of your profile is found at: www.careers.gov.ky
Deadline for receipt of applications: 15 December 2024
