The Maples Group is a standard bearer in financial and legal services, trusted by many of the world’s largest hedge fund managers, private equity firms and international corporations.

Our distinction flows from our carefully curated team: 2,500+ professionals characterised by tenacity, ethics and exacting excellence. Operating in key financial centres across the Americas, Asia, Europe and the Middle East, our international presence offers a unique springboard for career development and cross-cultural immersion. Our side-by-side financial and legal services are similarly ripe for interdisciplinary learning and growth. 

The Maples Group looks to add a BVI based Compliance Officer to our team and invites eager and qualified candidates to apply. We are committed to diversity, inclusion and equality of opportunity as we attract, retain and develop world-class talent.

Who We Seek

Our merit-based culture suits professionals in pursuit of boundless careers and lives. Beyond their acumen, team members are collaborative and conscientious, bringing a healthy sense of drive and purpose to each interaction and to all aspects of their work.

About the Role

Reporting to the Deputy Head of Compliance – Caribbean ("HOC") and Regional Head of Compliance – Americas ("RHC"), the Compliance Officer will provide advice, assistance and guidance for leading the BVI Compliance Team in relation to Maples and Calder (BVI), Maples Corporate Services (BVI) Limited and Maples Fiduciary Services (BVI).  Supported by the Compliance teams in BVI, Cayman, Leeds, and Montreal, the Compliance Officer has responsibility to ensure that the Maples Group is at all times compliant with the provisions of relevant financial services legislation in the BVI.

Primary responsibilities include:

Regulatory Compliance

• Assist the HOC and RHC in ensuring that the Maples Group is at all times duly authorised to carry out the financial services in accordance with the provisions of the rules of the relevant regulatory body;
• Assume responsibility for the MLRO across all Maples Group entities in the BVI;
• Monitor, prepare and submit all relevant regulatory filings (as required) for all Maples Group entities in the BVI; and
• Ensure compliance with the Maples Group Policies and statutory responsibilities as required for the named officer positions

Compliance and Risk Management

• Investigate negative news findings and determine whether further escalation to the Deputy HOC is required
• Provide senior management approval for relationships with high risk factors or exposure to politically exposed persons and review any New Business Conflict, Sanctions exposure and any other escalations which may be required
• Develop and implement data analyses, data collection tools and systems, and other strategies that optimize efficiency and quality
• Provide support and assistance to review and update the AML and compliance related manuals
• Ensure the compliance monitoring programme is carried out and ViClarity is maintained with current obligations and that all assigned requirements are completed as per the scheduled outlined in ViClarity
• Co-ordinate oversight of the KYC process with the Compliance Team to ensure clients are onboarded in accordance with policies and procedures
• Identify process improvement efficiencies and lead change management projects to continuously improve compliance processes
• Design and deliver training materials at all levels for the compliance team and other internal stakeholders

Reporting and Documentation

• Monitor the MLRO Inbox and review any irregular activity reports which are received within a reasonable time period, ensuring that all communications, regulatory and law enforcement requests are maintained and appropriately logged
• Ensure irregular activity reports are processed and any matters that need to be externalized to the relevant authority are completed in accordance with Maples Group Policy
• Review monthly KYC and Compliance reports interpreting data, analysing results and ensuring data accuracy; and
• Prepare the monthly report to the HOC on regulatory and industry compliance developments, summary of internal compliance matters, and summary of training position on a monthly basis using group reporting template

Audits and Inspections

• Lead the regulatory inspection process with support fom the wider Compliance Team;
• Assist the Internal Audit team with any scheduled audits and the Quality Assurance Manager with addressing findings, if any, from quality assurance testing
• Conduct periodic gap analyses on regulations and regulatory measures to ensure policies and procedures align to regulatory requirements
• Ensure compliance with policies, procedures, systems and controls to enable the necessary reports to be provided to the regulator as specified, draft such reports for HOC and RHC review prior to submission and ensure reports are filed in a timely manner; and

Relationship Management

• Develop effective relationships with internal and external stakeholders including external auditors
• In collaboration with Compliance leadership, lead initiatives that build trust, employee engagement and workforce productivity
• Provide leadership support to the compliance team and support their achievement to meeting established KPIs; and
• Advise on appropriateness of client relationships from a regulatory, risk and compliance lens

People Management

• Foster a collaborative, positive team environment in which members can grow and thrive, whilst managing for performance
• Coach and mentor the team on a structured approach to planning, organising and prioritising own and others' work.
• Support the HOC and RHC – Training and Development to develop training materials on key compliance know how, including annual AML refresher training to ensure that all relevant employees are aware of the content and their obligations
• Lead in the annual performance lifecycle management for the team; identifying training needs and partnering with HR Stakeholders, HOC and RHC to deliver on the process
• Develop trusting relationships with direct reports, providing real-time coaching and mentoring, and technical advice
• Participate in annual budget planning / workforce forecasting process with business managers;

EXPERIENCE

What You Bring

In addition to indisputably high ethical standards, the ideal candidate possesses the following:

• Minimum of 10 years professional experience in a senior compliance role, with demonstrable legal or professional services experience;
• Advanced understanding of BVI legislation;
• Fit and proper assessment with approval from regulatory authority to serve as an appointed officer;
• Education to Bachelor's degree level or equivalent in a management or business discipline or relevant professional certification such as CPA or CA;
• Additional certifications such as CAMS or ICA are desirable;
• An advanced understanding of KYC and AML regulatory obligations;
• Advanced data modelling and analytics;
• Strong attention to detail with advanced experience in Excel, Word and PowerPoint;
• Advanced professional writing skills;
• Strong presentation and facilitator experience;
• Proven experience working within time constraints and deadlines;
• Strong team player, with prior people management and leadership experience leading large teams;
• Effective cross jurisdictional team leadership experience;
• Be an effective communicator and confident in client interactions;
• Strong organisational skills; and
• Proactive and solutions driven.

Due to the team being multi-jurisdictional, the Compliance Officer must be able to travel to the UK or other countries within the Maples Group as may be required from time to time.

BENEFITS & REWARDS

The most enduring professional relationships are reciprocal relationships. The Maples Group prioritises employee health and wellbeing. Depending on your location, we offer a range of benefits, including:

• Comprehensive health coverage (medical, dental and optical)
• Competitive vacation packages
• Educational assistance and professional development programmes
• Pension plan
• Life insurance
• Travel insurance
• Global mental wellness programme
• Sports clubs and social events

ABOUT MAPLES GROUP

Over five decades, the Maples Group has grown from modest beginnings into one of the world's preeminent professional services firms, offering specialised fiduciary, fund administration, regulatory and compliance, entity formation and management and legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg.

You can learn more about the Maples Group on our corporate website. Experience our culture and our people on our Careers Page or on LinkedIn.

Maples’ standard policy to undertake various background screening checks, including criminal records checks, on all applicants to whom a conditional job offer is made. Maples will only ask applicants to disclose a past criminal conviction when a conditional job offer is made. If you have a criminal record it does not mean that your job offer will be automatically withdrawn. Maples will make all job offer decisions on a case by case basis and will take a number of factors into account, such as the role that you are applying for and the nature and circumstances of the past offence. You will have the opportunity to discuss the matter with Maples before a decision is made.

Disclaimer: All personal information collected during the application process will be used for recruitment-related purposes only. Please refer to our Job Applicant Privacy Notice at maples.com/privacy for details on how we handle personal information relating to job applicants.