Compliance Officer

Non-senior officer position to join our Cayman Islands office.

Key Responsibilities include but are not limited to

• Submit quarterly and annual reports in Power BI and reports directly to the Board of Directors
• Coordinate, oversee and supervise the Unit and the Committee of Prevention and Control of Money Laundering and Financing of Terrorism
• Promote and monitor compliance policies, procedures, regulations and governance framework related to the functioning of the integrated system of risk management of money laundering, sanctions and terrorism financing controls
• Management of the bank’s compliance policies, procedures, regulations, annual operating plan, internal audit and special projects for the prevention and control of money laundering and terrorism financing
• Perform and oversee all aspects of the KYC/Due Diligence onboarding, ongoing monitoring, daily screening and offboarding processes for new and existing clients
• Maintain the money laundering risk-based approach and the risk assessment of new and existing clients, products and services
• Establish and maintain appropriate risk-based monitoring processes proportionate to the bank’s operations' scale, nature, and complexity
• Ensure that all relevant staff are adequately trained in the prevention and detection of money laundering, terrorism and proliferation financing and that the standards and scope of the training are appropriate, and records are kept
• Develop rules and procedures for data verification to verify indicators to determine the reasons for unusual or suspicious behavior on the part of clients
• Ensure the immediate investigation of all suspicious activity reports received
• Liaison with the Financial Reporting Authority regarding suspicious activity reports that have substance
• Remain aware of any relevant sanctions, prohibitions or advisory notices
• Promptly respond to any reasonable request for information from the Cayman Islands regulator and/or law enforcement agencies and submit any regulatory filings.

The ideal candidate will have

• Bachelor’s degree from a recognized university in administration, accounting, or finance
• Professional Certification AML/CA with the Financial & International Business Association (FIBA)
• A minimum of 4 years’ experience and understanding of AML local legislation, Venezuelan legislations and Sanctions Regimes; market AML issues and AML suspicious activity transaction monitoring and screening systems and KYC review
• Fluency in Spanish (oral and written) is a prerequisite as is computer proficiency and excellent time management skills with the ability to work to strict deadlines.

Full-time position (40 hours per week) Monday to Friday Benefits: Salary range of US$78,000.00-US$96,000.00 per annum depending on knowledge, experience and qualifications. All benefits will be provided in accordance with the Cayman Islands labor law. Caymanians and legal residents need only apply. To Apply: Qualified applicants must submit a cover letter and resume to recruitment@vbtbank.com Deadline: June 5, 2026. Only those selected for interviews will be contacted