VACANCY ANNOUNCEMENT: Alternate Compliance Officer – National Cooperative Credit Union

NATIONAL COOPERATIVE CREDIT UNION LTD

VACANCY NOTICE

ALTERNATE COMPLIANCE OFFICER – Head Office

The National Co-operative Credit Union (NCCU) Ltd invites applications from qualified applicants to fill the vacant position of Alternate Compliance Officer– Head Office.

The Alternate Compliance Officer will:

• work collaboratively with the Compliance Officer to ensure the consistent implementation of the Compliance Framework and its related reporting requirements.
• ensure that the NCCU Ltd is in compliance with Money Laundering (Prevention) Regulations
• provide training for staff in Money Laundering (Prevention) Act and Regulations compliance techniques.
• ensure compliance with the provisions of the Co-operative Societies Act No. 08 of 2011, Regulation No.26 of 2001, the Suppression of the Financing of Terrorism Act No. 3 of 2003, By-Laws, Policies and other relevant legislation.
• assist with conducting testing of AML/CFT systems to determine compliance with policies and procedures.
• assist with periodic institutional Risk Assessments.
• assist with ensuring Declaration of Source of Funds (DSFs) Forms are correctly completed for all deposits as stipulated by Co-operative Societies Act and internal policies.
• assist with developing and updating AML/CFT policies.

QUALIFICATIONS & EXPERIENCE:

• Bachelor of Science (B Sc) Degree in Business, Management, Risk Management, Accounting, Finance, Economics or a related field;
• Certified Anti-Money Laundering Specialist (ACAMS) or an equivalent;
• A minimum of 2 years progressive experience in a financial institution or a regulated entity;
• Knowledge of Co-operative principles and applicable legislations, would be an asset.

SKILLS AND OTHER ATTRIBUTES

• Possess extensive experience in regulatory compliance, regulatory affairs, risk management or other similar role with a financial institution focusing on compliance with all laws and regulations related to financial services.
• Posses extensive experience leading Compliance, AML and ethics functions.
• Demonstrated ability to work efficiently and independently, prioritize workflow, meet demanding deadlines, conduct/manage internal investigations and manage multi-faceted projects in a fast-moving environment.
• Possess excellent change management skills, including advocating, anticipating and orchestrating change.
• Ability to foster a team culture that enables staff to achieve results in a changing environment.

All interested applicants should submit applications to:

The Chief Executive Officer

National Co-operative Credit Union Ltd

31 – 37 Independence Street

P O Box 175

Roseau, Comm. of Dominica

DEADLINE FOR RECEIPT OF APPLICATIONS IS FRIDAY, 10^TH MARCH 2023