Temp Compliance Officer
Hours – Full Time, Temp (6 Months)
Location – Rarotonga
Start – Immediate
Due Date – COB Friday 13th September 2024
About Capital Security Bank
CSB has been operating for over 24 years and commenced business to service personal family trusts managed by professional trustees. This remains a key part of our service, but we have grown to include personal and corporate accounts. Today our mission is to provide top-quality Private Banking to our clients.
About the role
The Compliance Officer, reporting directly to the Banks Compliance & Risk Manager (CRM), plays a critical role in ensuring CSB’s adherence to all relevant legal and internal regulations in its day-to-day operations, client on boarding processes, and banking transactions. This position involves reviewing employees' work, providing guidance, and offering feedback on CSB’s compliance program to the CRM.
The ideal candidate for the Compliance Officer role is a dependable professional who possesses the ability to express their opinions confidently and stand by their decisions. As an entry level compliance role they should possess some understanding of risk management principles and be familiar with industry standards within the local and international banking sectors.
The primary objective of the Compliance Officer is to ensure that CSB’s operational procedures and practices are conducted in a manner that is both legally compliant and ethically sound, while simultaneously aligning with CSB’s overall business goals.
Responsibilities
• Monitor day-to-day internal controls and ensure CSB’s employee compliance with them.
• Conduct spot checks on processes, practices, and documents to identify weaknesses and recommend improvements to the CRM.
• Management of CSB’s ongoing client monitoring and periodic client file review procedures.
• Collaborate with the CRM in the development and implementation of a robust compliance
program.
• Assist the CRM in drafting and revising CSB’s policies and procedures to align with regulatory
• standards.
• Work closely with external auditors during the review of CSB’s compliance program.
• Provide education and training to CSB employees on regulations, industry practices, and
internal processes and procedures.
• Stay updated on internal standards and business goals to ensure alignment with compliance
objectives.
Requirements
• Proven experience as a Banking or Compliance Officer, demonstrating an understanding of
banking operations and compliance practices.
• Familiarity with the Cook Islands Banking legal requirements and controls, including AntiMoney Laundering (AML) regulations, and the ability to apply this knowledge effectively.
• Exceptional written skills, with the ability to produce accurate and comprehensive
compliance documentation.
• Excellent verbal communication skills.
• Strong commitment to integrity and professional ethics, ensuring compliance with
regulations and promoting a culture of ethical behaviour within CSB
About You
You must be a team player with a 'Can Do' attitude, and drive to deliver results and meet target expectations. You are a Cook Islander or a person willing to fully embrace and immerse yourself in the culture of the Cook Islands.
You are a motivated, energetic person with excellent time management and organizational skills, can multi-task and prioritize, and is willing to work in line with the company’s strategic direction.
You have excellent written and verbal communication skills with a super strength of attention to detail. This translates to you having the ability to complete tasks against timelines.
You have a passion for working to a high standard and you are seeking a long-term career with the Bank.
How to Apply
To apply for the Compliance Officer position at Capital Security Bank, please follow these steps:
1. Prepare your resume and a brief cover letter that outlines your interest in the position and highlights your relevant skills and experiences.
2. Ensure that your resume includes your contact information, educational background, work experience, and any relevant certifications.
3. In your cover letter, briefly mention why you're interested in joining Capital Security Bank and how your skills align with the responsibilities of the role.
4. Email your resume and cover letter to Atinat Hosking at [email protected] before COB Friday 13th September 2024.
If you have any further questions or need additional information, feel free to contact Atinata Hosking at the provided email address.
We appreciate your interest in joining our team at Capital Security Bank and look forward to receiving your application!
ALL APPLICATIONS WILL BE HELD IN THE STRICTEST OF CONFIDENCE.