Compliance and MLRO (Seychelles) - ING453

Ingot

About The Position

The Compliance & MLRO Officer is responsible for ensuring Ingot’s policies and procedures comply with regulatory standards and obligations in Seychelles as required by FSA, performing regular audits, ensuring that all persons onboarded as clients meet the criteria set out under the Company’s compliance manual and regulations/laws, and all other relevant internal and/or external policies and directives. Offers regular training to all employees on relevant compliance requirements and AML procedures. Prepares and submits compliance reports and all disclosures as mandatory by laws and regulations. Ensures all financial, compliance and risk reporting are performed and submitted to FSA in a timely manner. Follows up with FSA on inspections and provides all necessary documentation.

Requirements

Bachelor’s degree in Finance, Business Administration, or related field
3–5 years of similar experience
Accreditation by FSA (fit and proper)
High integrity and excellent communication skills
Resident of Seychelles
Experience in compliance for financial services / CFDs brokers industry
Excellent level of written and spoken English

Responsibilities

Identify, assess, advise on, monitor and report on the reporting entity’s compliance with regulatory requirements and the suitability of its internal procedures on an on-going basis to the Board or senior managers and to the respective supervisory authority upon request
Ensure that the company maintains a manual of compliance of the policies, procedures, and systems.
Ensure that the company maintains a complaints policy, including internal policies and procedures for effectively handling complaints, maintaining an accurate and up-to-date database of all complaints received, and ensuring all complaints are promptly attended to
Ensure compliance by staff with the provisions of the manual of compliance
Develop a compliance culture — ensure all directors and relevant staff are familiar with AML/CFT laws and regulations of Seychelles, monitor legislative and international developments, and impart awareness of compliance needs to build a robust compliance culture within the reporting entity
Implement the training program for directors and relevant staff at least once per year covering AML/CFT awareness, KYC procedures, client acceptance, remediation, and suspicious activity reporting.
Undergo additional professional training at least once per year
Perform review of the compliance framework and make regular assessment reports to senior management, identifying deficiencies and making recommendations for updates or revisions
Ensure the preparation and submission of an annual compliance report to the supervisory authority within 90 days after each calendar year
Screen KYC / account opening for new and existing clients, including collection of account samples, recording information via electronic account opening system, and retrieving relevant executed documentation
Deal with customer complaints in accordance with FSA requirements, including performing the Firm’s Complaints Management Function
Timeously report any suspicions of money laundering and/or terrorism financing detected by employees; maintain absolute confidentiality regarding all customer information acquired in the course of discharging duties
Build solid relationships with the regulator and maintain clear communication with FSA
Report any financial transactions exceeding the regulated thresholds
Ensure financial disclosures are submitted in time as per FSA rules and disclose to FSA any changes in the company as per FSA regulations
Review marketing content for compliance and stay updated with compliance developments by joining relevant agencies and organizations
Any other duties that are requested and relevant to the role