Position: Senior Vice President, Anti-Money Laundering ("AML") Services

Location: Cayman Islands

About Us

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

Our side-by-side financial and legal teams consistently deliver award-winning services to a global client base, offering unrivalled learning and career opportunities to our 2,500 colleagues worldwide.

What’s it like to work here?

We are driven to excel, and collaboration is key to our continued success. We can go further for our clients because we go further for each other too. Our inclusive culture creates an environment where people can be themselves at work while doing their best work. No matter where you work in the Maples Group, you will be part of a global team.

The Opportunity

We are looking for an accomplished Senior Vice President to join our Anti-Money Laundering team as part of our financial services business in Grand Cayman.

The Cayman Islands is home to our global headquarters and where the Maples Group first established operations in the 1960s. Since then we have grown to become one of the largest employers in Cayman, where colleagues from all over the world collaborate to deliver best-in-class solutions to clients worldwide. As part of our Cayman team you will:

• Appointed as AMLCO, MLRO and DMLRO for larger, key clients of the Maples group;
• Provide AML/CFT compliance oversight over the client's activities including its investors;
• Ensure the implementation of effective AML/CFT programs for Clients that complies with the Cayman AML and CFT laws and regulations;
• Conduct regular audits and testing of the AML/CFT program
• Providing practical advice, guidance and technical assistance on Cayman Islands AML/CTF and related issues;
• Investigate reports of suspicious activities and make filings as necessary to the Cayman Financial Reporting Authority;
• Be the point of contact for  the Cayman Islands Monetary Authority inspections;
• Performing in-depth money laundering, counter terrorist financing, proliferations financing and targeted financial sanctions risk assessments of client operations;
• Providing ongoing detailed reports to the board of Directors (or equivalent) on the status of the Clients AML/CFT program and controls;
• Report to and advise the Board of Directors (or equivalent) on AML/CFT issues relevant to them;
• Conduct business development and client relationship management, as well as sell Maples Group services;
• In conjunction with the Co-Heads, allocate AML services team client portfolios;
• Assist the Co-Heads to ensure that the AML Services global team functional requirements are effectively discharged;
• Manage a team of Client Service Professionals;
• Oversee department strategic initiatives and goals;
• Drive  business development initiatives;
• Facilitate collaborative training across business units;

The Maples Group Anti-Monel Laundering ("AML") Compliance Services team specializes in the provision of outsourced AML services, primarily to the Cayman Islands investment fund industry. These services include the provision of highly qualified individuals to act in the roles of Anti-Money Laundering Compliance Officer ("AMLCO"), Money Laundering Reporting Officer (“MLRO”) and Deputy Money Laundering Reporting Officer ("DMLRO") Officer.

What You Bring

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

• will have a bachelor's Degree in legal, Finance or related field with 5-7 current years relevant experience, or a minimum of 10-12 years' current experience in the compliance field, preferably working in the investment Funds industry,
• will hold a recognised AML related qualification (or equivalent) e.g. ACAMS, ICA for more than 5 years
• will have in-depth, practical knowledge of Cayman Islands AML legislation and related industry guidance
• will have a sound, demonstrable knowledge of the Cayman Islands investment fund industry;
• will have in-depth knowledge of Fund Administration and investment operations;
• have managed a team of client service professional for at least 3 years;
• have done business development or client relationship management activities

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:

• Hybrid work policy
• Flexible working hours
• Comprehensive health coverage (medical, dental and optical)
• Competitive vacation packages
• Life insurance
• Travel insurance
• Global mental wellness programme

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.

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.