Compliance Analyst

The Maples Group (Financial Services)•Montreal, QC

2d•Onsite

About The Position

The Maples Group is a global leader in financial services, trusted by many of the world’s largest hedge fund managers, private equity firms, and international corporations. Our side-by-side financial and legal teams consistently deliver award-winning services to a global client base, offering unrivalled learning and career opportunities to our 2,500 colleagues worldwide. We are driven to excel, and collaboration is key to our continued success. We can go further for our clients because we go further for each other too. Our inclusive culture creates an environment where people can be themselves at work while doing their best work. No matter where you work in the Maples Group, you will be part of a global team. We are looking for a Compliance Analyst to join the Compliance Monitoring Risk Assurance (CMP) team as part of our financial services business in Montreal. As part of our commitment to excellent, MaplesFS Compliance are enhancing their focus on a broad monitoring and testing programme under the Risk Assurance banner with a new team in Montreal. As part of our Team, you will be performing the below key duties:

Requirements

In addition to indisputably high ethical standards and autonomy, the ideal candidate possesses the following:
Current/previous experience in a similar role preferred
Experience in Financial Services preferred
Good communication skills
2+/- years, depending on level (more years experience if no degree)
Certifications in financial crime and/or regulatory subjects is of benefit
Knowledge of Cayman Islands CIMA regulations an advantage
Competent in Word and Excel

Responsibilities

Assist the Senior Compliance Analysts with the implementation the new Risk Assurance Centre of Excellence to support monitoring and testing, under the guidance of the Regional Head of Regulatory Compliance, Americas & Caribbean and the Chief Compliance Officer
Support the global Risk Assurance monitoring and testing programme
Work with each office to understand the data, metrics and information that needs to be gathered and tracked to support the Risk Assurance programme
Work with each office to understand the regulations and rules governing outsourcing to ensure that the CMP team is best able to support Risk Assurance activities
Assist the Senior Compliance Officer to identify enhancements to testing scripts, ViClarity references and the overall testing programme
Assist with monitoring reviews in accordance with the global Risk Assurance monitoring and testing programme
Assist with second line testing of operational and business activities to ensure that activities are being carried out in accordance with regulatory requirements
Assist to draft findings and recommendations and liaise with business areas the subject of Risk Assurance testing where permitted by outsourcing agreements otherwise provide the details and recommendations to local Compliance teams to discuss with business, with your assistance
Assist to track regulatory changes with the help of local Compliance colleagues to ensure testing and monitoring scripts reflect those changes
Support the roll out of the Global Compliance Strategic programme as required, including working on ad hoc project related initiatives
Understand MFS’s core systems in order to ensure that the monitoring and testing is effective and efficient
Develop strong skills in Financial Crime and Prudential regulations to ensure that the testing and monitoring is effective and efficient
Learn to undertake transaction monitoring
Alongside the wider team, ensure that Financial Crime and other Compliance risks are identified, assessed, monitored and mitigated.