Associate - Cayman Compliance Services

Please note, this is a 12 month fixed-term contract About Waystone Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion. Summary of the role: The Associate – Cayman Compliance Services will be an integral part of the Waystone Cayman Compliance Services team and will be responsible for proactively managing and supporting Cayman Compliance Services clients and related stakeholders as well as assisting the Business Unit in the ongoing and large-scale operational risk deliverables. ESSENTIAL DUTIES AND RESPONSIBILITIES Assume responsibility for relationship management support to existing client relationships and new clients across their different touch points within Waystone. Assist with the implementation of internal and operating controls. Coordinate teamwork between the existing internal teams to promote prompt and thorough response to client requests. Actively question methods and processes with the key to making the team more effective and efficient, including identification of opportunities to increase efficiencies through workflow and knowledge management. Prepare detailed reports to CCS management as and when required. Develop and maintain detailed knowledge of Waystone operations and the regulatory implications thereof. Contribution to the development of the CCS business unit through training new joiners on the same role, effective client management and support to the senior Directors and Associate Directors. Managing day to day workflows to ensure client enquiries are accurately and efficiently responded to in a timely basis while ensuring that the responses comply with internal and external data security protocols. Provide support to the Directors and Associate Directors in servicing Cayman and BVI domiciled funds as and when required. Liaising with key internal stakeholders to procure reporting metrics, decision management reporting and identity cross department efficiencies. Management of finance responsibilities to the business unit. Ensure all relevant matters are escalated as and when required. Provide support and assist with ad hoc projects as required. Foster positive team environment and ensure open communication. Carry out duties with minimal oversight. Assist with monitoring the Money Laundering Reporting functions - testing of client internal controls regarding AML/CFT compliance, prepare board reports for fund governing boards and communicate with clients to resolve any potential issues. REQUIREMENTS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. EDUCATION Bachelor’s Degree, with sound academic achievement. EXPERIENCE 3-5 years’ experience within Legal and/or Financial Services, or other professional capacity. Candidate should have a client facing background and be motivated with enhanced networking skills and adept at building and maintaining internal and client relationships. Compliance and/or risk management experience would be an asset. Must be able to work in a fast-paced environment, including reporting and providing support to various members of the team. Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail is required. Experience with drafting internal policies and procedures and instruction manuals would be an asset. Offshore industry experience would be an asset. Knowledge of the Cayman Islands and Ireland Money Laundering regulations & guidance notes and local legislation would be an asset. Excellent interpersonal and communication skills, both written and verbal. Strong MS Office and Analytic Skills; mid-level information management software experience required.