AML Supervisor

At HedgeServ were redefining whats possible in fund administration. With more than $700 billion in assets under administration we partner with the worlds most forward-thinking investment managers across private equity private credit endowments hedge funds and more to deliver seamless tech-enabled solutions that drive performance.

Our proprietary platform enhanced by machine learning and robotic process automation gives clients real-time insights and unmatched control over their operations. Alongside our technology we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle including fund accounting middle office risk compliance tax and investor services.

Were a future-focused company empowering our people through a robust career development framework clear career trajectories with structured learning paths training and progression plans. We invest in leadership development and in our collaborative culture creating space for talent to grow. Our corporate values Relationships Support Innovation and Expertise create a sense of shared purpose and belonging and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings including remote and hybrid working arrangements and fully paid comprehensive health and well-being benefits. Weve been recognized as an employer of choice earning a top 100 workplaces designation.

Founded in 2008 HedgeServ has grown into a global organization with over 2000 experts across the globe with offices in the United States Grand Cayman Ireland Poland Bulgaria Luxembourg the Philippines and Australia. Weve earned numerous accolades including Top Overall Administrator along with #1 rankings for providing alternative asset services in Accounting Technology Client Service Investor Services Alternative Fund Expertise Reporting and Regulatory Expertise.

HedgeServ offers an out sourced AML Officer Service to its fund administration clients. HedgeServ is currently seeking a Supervisor to work within the AML Officer Services team to provide support for HedgeServs client appointed Anti-Money Laundering Compliance Officers and Money Laundering Reporting Officers. The candidate needs to possess exceptional organizational and communication skills as well as a strong attention to detail.

Key Accountabilities of the Role

• Provide support to the AML Compliance Officer in provision of the AML Officer Services

• Maintain an inventory of outsourced AML functions

• Document and maintain AML Officer Services risk management framework policies and procedures

• Review Fund level AML procedures and internal controls to ensure compliance with HedgeServs anti-money laundering procedures and the Cayman AML/CFT Regulations

• Review of HedgeServ policies procedures and internal controls to ensure compliance with the Cayman AML/CFT Regulations

• Perform and document annual reviews of AML manuals policies procedures and training

• Review any investors which have positive matches to sanctions lists and escalate to the Anti-Money Laundering Reporting Officer

• Review client provided letters of representation for investment risk ratings or sanctions monitoring if applicable.

• Assist in testing and overseeing AML/CFT policies internal controls and operating procedures

• Perform CDD on outsourced service providers for Fund clients

• Review of client and board reporting

• Liaise with clients directors and internal parties as necessary

• Establish good working relationships with other HedgeServ Departments

• Assist with any ad-hoc projects as required

Pre-requisite knowledge skills and experience:

• Accounting Finance Legal or Business Degree

• 5 years experience in a compliance role or internal audit role with an emphasis on AML/CFT.

• Strong verbal and written communication skills

• Efficient and well organized with exceptional attention to detail

• Ability to work under pressure and to tight deadlines

• Self-motivated with the ability to work effectively within a team structure and individually

• IT literate