Manager - Risk & Compliance

EMPLOYMENT TYPE: Permanent

DEPARTMENT: Risk & Compliance

DIVISION: Private Capital Services

WORKPLACE STRUCTURE: Hybrid

ROLE OVERVIEW

PURPOSE OF JOB

To serve as Manager and Deputy Reporting Officer, supporting effective governance and compliance objectives, while helping protect the organization against financial crime through assisting the Compliance Officer (“CO”) and Money Laundering Reporting Officer (“MLRO”) in overseeing and administering compliance and AML/CFT matters for JTC’s regulated entities in The Bahamas.

MAIN RESPONSIBILITIES AND DUTIES

• Support the operation of compliance and AML/CFT frameworks for JTC regulated entities in The Bahamas.
• Produce risk and compliance reporting for management and boards, highlighting relevant risks, trends, and compliance matters including highlighting shortcomings in internal controls and making recommendations.
• Assist with the preparation and maintenance of AML and enterprise-wide business risk assessments.
• Support the maintenance and periodic review of AML/CFT policies and procedures relevant to The Bahamas.
• Oversee or support compliance monitoring programmes to ensure reviews are completed on schedule and in accordance with approved monitoring plans.
• Complete ad hoc Risk & Compliance projects as required by Management.
• Promote awareness of regulatory principles and requirements on a day-to-day basis across the business.
• Deliver or support training for staff and external directors on AML/CFT and compliance matters.
• Maintain a high level of technical knowledge of relevant legislation, guidance, codes, and regulatory developments.
• Demonstrate the ability to manage competing priorities, work independently, and engage cross-functional stakeholders effectively.
• Present compliance, risk, and regulatory matters to senior management where required.
• Adhere to Risk & Compliance procedures, internal policies, CPD requirements, and expected behaviours.
• Attend relevant seminars, conferences, and training sessions to maintain professional competence.
• Support the MLRO in the discharge of responsibilities for AML/CFT oversight for JTC regulated entities in The Bahamas.
• Assist in receiving, reviewing, and assessing internal suspicious transaction reports (“STRs”). Support external reporting and the ongoing management of AML/CFT concerns.
• Maintain records of internal and external STRs and all related documentation.
• Support liaison with the Financial Intelligence Unit (“FIU”), Central Bank of The Bahamas (“CBoB”), Securities Commission of The Bahamas (“SCoB”), and other relevant authorities in relation to AML/CFT matters.
• Participate in responses to third-party enquiries relating to money laundering or terrorist financing prevention, detection, investigation, or compliance.
• Escalate material AML/CFT issues, suspicious activity concerns, and control deficiencies to the MLRO and senior management as appropriate.
• Act as a delegate and point of contact in the absence of MLRO.

ESSENTIAL REQUIREMENTS

• Relevant professional qualifications such as ICA (or equivalent), an accountancy/finance degree, or a qualifying law degree recognized by the relevant professional authorities.
• Membership of a recognized compliance, risk, or relevant professional body. A minimum of three years of experience in compliance, regulatory frameworks, and AML.
• Good knowledge of AML/CFT/CPF laws, regulatory reporting obligations, and corporate governance.
• Strong analytical, risk assessment, and investigative skills.
• Excellent written and verbal communication skills, with the ability to influence senior stakeholders.
• Demonstrated ability to manage teams, lead regulatory initiatives, and engage cross-functional stakeholders.
• Have experience presenting to senior management.
• Ability to work independently, manage competing priorities, and remain composed under pressure.
• Commitment to continuous professional development and regulatory awareness.
• Must be a Bahamian Citizen or Permanent Resident.
• Proficiency in Microsoft applications, particularly strong Excel skills; SharePoint knowledge would be beneficial.

OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusive organisation where all individuals feel welcome and feel able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive.

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