Senior Trust & Corporate Administrator / MLRO

Role & Key Responsibilities

Senior Trust & Corporate Administrator Duties

Assist team leaders/manager with ongoing interaction with clients and business partners
Handle more complex structures / clients and high profile clients and ensure the expectations of the clients are being met within the agreed deadlines
Review of administrators’ work – including coaching of administrators; providing guidance and ensuring they always comply with statutory regulation and company’s policy and procedures.
Carry out day-to-day administration including corporate work, organising board meetings, preparing board packs, attending board meetings if required, and drafting of minutes.
Statutory filing – ensure records are properly maintained and compliant with local legislations including file reviews/KYC updates, conducting due diligence, etc.
Filing, scanning of Statutory Files and updating of information on relevant system within the set deadlines.
Provide support on clients’ requests. Ensure all transactions pertaining to the management of the clients’ affairs are executed promptly and efficiently.
Liaise on an ongoing basis with clients and business partners.
Handle a portfolio of clients being Global Business Companies (GBC), Authorized Companies (AC), Trusts and foreign & domestic companies.
Deal with authorities, banks, auditors and other service providers.
Provide information / statistics as may be required by team leader/manager and other departments within set timeframe
Ensuring compliance with all relevant regulations, laws, guidelines, including internal policies and procedures, etc.
Any other cognate duties in line with your capabilities.
Be committed to excellence and promote efficiency

MLRO Duties

Monitor data/transactions to identify trends/irregular activities that may point out cases of money laundering and secure corroborating evidence on doubtful activities in order to raise level of detection and reporting;
Prepare AML/CFT training materials and conduct awareness sessions across the Group to raise awareness on Money Laundering issues;
Contribute in the preparation and submission of reports of Compliance for Management and the Board;
Assist, as required, with regard to regulators in the context of the latter’s on-site inspection/special examinations; offsite inspections and any information request from the regulator;
Assist in the review of procedures for inadequacies that may ultimately entail risks;
Identify and assess key risk factors when considering the compliance risks relevant to clients, products/services and/or business lines;
Prepare and submit annual compliance plans to the Board of Directors;
Handle AML reviews and provide advice when required;
Carry out enquiries and file external STRs when required and manage internal STRs;
Provide guidance and assist employees in monitoring suspicious activities for detection purposes and in communication to external parties;
Assist the Board in ensuring that the organisation effectively complies with all relevant laws, regulations and industry codes and standards of best practices;
Participate in any projects as may be advised by Management; Reviewing and approving financial communications to ensure that they meet Regulatory standards. Overseeing the approval process
Keep abreast with developments in regulatory framework, financial and banking trends and industry best practices and standards towards continuous improvement initiatives

Qualifications, Skills and Experience

Degree or master’s degree in (Law, economics, Finance, ect..)

Already approved MLRO by the FSC; and
Minimum of 7 years proven experience (or more) in the financial services sector; OR
Relevant Experience of at least 3 years in the industry subject to the submission of relevant and valid AML/CFT professional certification (Which include the Financial Services Institute (FSI), the Certified Anti-Money Laundering Specialist (ACAMS), the International Compliance Association (ICA); OR;
Good knowledge of Microsoft tools (Excel, Word, Power Point etc.);
Good attitude and communication skills.

This job is Expired