Compliance - Associate -AML/CFT Audit

The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Key Responsibilities:

-    Assist Seniors in carrying out Independent Audit of Financial Institution(s) (FI(s)) in accordance with the Anti-Money Laundering / Countering the Financing of Terrorism (“AML/CFT”) laws prevailing in Mauritius including the FI’s AML/CFT programme, policies, and procedures with the FIAMLA, FIAML Regulations 2018, and the FSC AML/CFT Handbook.

-    Ensure that the audit works are complete in terms of presentation, quality of audit work, completeness, and accuracy of audit deliverables.

-    Assist Seniors in carrying out and performing walkthrough of business processes, identifying key AML/CFT Risk and Controls and designing an appropriate risk control matrix

-    Responsible for the test on the Design & Implementation and Operating Effectiveness of controls procedures in place as per the relevant risk control matrix.  

-    Responsible for the audit sample preparation for Shareholders, transactions, Eligible Introducers, Omnibus, PEP, Beneficial Owners, and others.

-    Being able to test the adequacy of the onboarding customer due diligence and enhanced diligence procedures carried out on customers with particular emphasis on high-risk operations (products, service, customer, and geographical locations) in line with KYC onboarding checklist and AML/CFT regulations.

-    Perform audit sample testing on appropriate transactions as part of inwards and outwards remittances including a review of suspicious transactions reporting in line with AML/CFT regulations.

-    Responsible for escalating to seniors and UH on matters for which audit deliverables might be compromised.

-    Being able to attend meetings to discuss any queries raised by the audit team and assist to discuss audit findings with the concerned stakeholders
-    Responsible to document preliminary audit observations and findings and discuss with team members
-    Assist to draft the independent AML/CFT Audit Report and Management Letter for reporting purposes.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.