Fidelity Bank (Bahamas) Limited is seeking a highly motivated and detail-oriented Compliance Analyst to join our team. In this highly visible position, the successful candidate will be responsible for providing support for the implementation and administration of the Financial Crime Risk Management Program, and play a crucial role in ensuring that the bank adheres to regulatory requirements while effectively managing financial crime risks.
• Become knowledgeable of the Bank’s Financial Crime Risk Management Program and keep abreast of changes in laws, regulations, and guidelines related to financial crime risk management.
• Conduct customer post-onboarding reviews to confirm compliance with Know Your Customer (KYC) requirements.
• Utilize KYC information and monitoring systems to identify, analyze, and report unusual or suspicious activities.
• Conduct quality assurance reviews to ensure compliance with the Financial Crime Risk Management Program.
• Assist with the implementation and execution of the Financial Crime Risk Management Training Program, ensuring staff are knowledgeable about how the Financial Crime Risk Management Program’s requirements impact specific job functions.
• Maintain the Bank's financial crime risk management-related databases, ensuring accuracy and accessibility of information.
• Ensure regulatory record-keeping requirements are adhered to.
Regulatory Knowledge:
Familiarity with relevant laws, regulations, and guidelines that impact the financial service industry.
Data Analysis:
Proficiency in analyzing compliance data, identifying trends, drawing actionable insights and proposing practical solutions.
Analytical Thinking:
Ability to assess complex situations, evaluate risks, and propose effective solutions.
Attention to Detail:
Strong attention to detail to ensure accurate and complete review, analysis, and reporting.
Communication Skills:
Excellent verbal and written communication skills, with the ability to communicate compliance requirements clearly to staff and other stakeholders, and prepare reports and training materials that are clear, accurate and comprehensive.
Problem-Solving Skills:
Ability to identify potential compliance issues before they arise and recommend strategies to mitigate risks.
Interpersonal Skills:
Ability to work effectively with cross-functional teams to promote teamwork while accomplishing duties assigned.
Time Management:
Ability to manage multiple compliance tasks simultaneously and meet stipulated deadlines.
Project Management:
Competence in overseeing compliance projects efficiently from inception to completion.
Ethical Judgement and Integrity:
Strong sense of ethics and integrity.
Technical Proficiency:
Knowledge of the use of Microsoft Office.
Continuous Learning and Career Development:
Complete industry-specific training to stay abreast of changes and trends impacting the industry.
• A Bachelor’s Degree in Business Administration, Banking, or related field OR 3-5 years working experience in the financial service industry.
• Possession of internationally recognized credentials in compliance (e.g. CAMS or ICA Diploma) OR BIFS Certificates in Anti-Money Laundering & Compliance Systems (Introduction and Intermediate) or an equivalent certification, with the expectation to attain an international certification within eighteen (18) months of your appointment.
• Completion of the minimum Continuing Professional Education (CPE) hours are required.
• Working knowledge of Know Your Customer (KYC) requirements.
• Proven leadership skills.
All applications will be held in strict confidence.
Only short-listed candidates will be contacted.
Submit resume to Human Resources, careers@fidelitybahamas.com.
