Associate

**Waystone are looking to add an Associate to their Compliance team. You will **be responsible for proactively managing and supporting Cayman Compliance Services clients and related stakeholders as well as assisting the Business Unit in the management of ongoing and large-scale operational risk deliverables.**

**ESSENTIAL DUTIES AND RESPONSIBILITIES**- Assume responsibility for relationship management support to existing client relationships and new clients across their different touch points within Waystone.
- Provide advice, guidance, and support across the business to identify, assess, manage and measure operational risks in accordance with the relevant regulatory policies.
- Assist with the design and implementation of internal and operating controls.
- Developing and implementing internal policies and procedures, and instruction manuals to support CCS and its staff. Addressing data integrity, client servicing, accounting, and reporting.
- Coordinate teamwork between the internal existing teams to promote prompt and thorough response to client requests.
- Actively question methods and processes with the key to making the team more effective and efficient, including identification of opportunities to increase efficiencies through workflow and knowledge management.
- Prepare detailed reports to CCS management as and when required.
- Develop and maintain detailed knowledge of Waystone operations and the regulatory implications thereof.
- Managing team of multifaceted professionals to support the day-to-day fulfilment of the CCS business unit.
- Contribution to the development of the CCS business unit through training and mentoring to promote cohesiveness.
- Managing day to day workflows to ensure client enquiries are accurately and efficiently responded to in a timely basis while ensuring that the responses comply with internal and external data security protocols.
- Provide support to the Directors and Associate Directors in servicing Cayman and BVI domiciled funds as and when required.
- Liaising with key internal stakeholders to procure reporting metrics, decision management reporting and identity cross department efficiencies.
- Management of finance responsibilities to the business unit.
- Ensure all relevant matters are escalated as and when required.
- Provide support and assist with ad hoc projects as required.
- Foster positive team environment and ensure open communication.
- Carry out duties with mínimal oversight.
- Assist with monitoring the Money Laundering Reporting functions - testing of client internal controls regarding AML/CFT compliance, prepare board reports for fund governing boards and communicate with clients to resolve any potential issue

**REQUIREMENTS**

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

**EDUCATION**

Bachelor’s Degree, with sound academic achievement.

**EXPERIENCE**- 2-5 years’ experience within Legal and/or Financial Services, or other professional capacity.
- Compliance and/or risk management experience would be an asset.
- Must be able to work in a fast-paced environment, including reporting and providing support to various members of the team.
- Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail is required.
- Experience with drafting internal policies and procedures and instruction manuals.
- Offshore industry experience would be an asset.
- Knowledge of the Cayman Islands and Money Laundering regulations & guidance notes and local legislation would be an asset.
- Excellent interpersonal and communication skills, both written and verbal.
- Experience motivating a team and adhering to tight deadlines in high volume environment.
- Strong MS Office and Analytic Skills; mid-level information management software experience required.