Our client is a leading financial services institution in Cayman and is seeking a VP to lead its Anti-Money Laundering and Client Onboarding function. This is a senior leadership role responsible for ensuring full compliance with AML/KYC regulations, overseeing onboarding activities, and managing ongoing monitoring, escalation, and reporting.

The successful candidate will lead a Cayman-based AML team while also overseeing offshore onboarding operations, ensuring all processes align with regulatory expectations and internal standards.

Key Responsibilities AML/KYC Compliance

• Ensure client onboarding processes meet Cayman AML/KYC regulations and internal standards
• Maintain strong controls across onboarding and ongoing monitoring activities

Client Due Diligence

• Oversee CDD, EDD, and ongoing monitoring processes
• Ensure high-risk clients are appropriately assessed and managed

Risk Assessment

• Establish and maintain robust client risk assessment frameworks
• Conduct periodic reviews in line with regulatory guidance and best practices

Policy & Procedure Development

• Develop and enhance AML/KYC policies, procedures, and controls
• Ensure alignment with evolving regulations and business changes

Audits & Regulatory Reporting

• Act as the primary liaison for internal and external audits
• Ensure timely and accurate completion of AML-related regulatory reporting
• Promote awareness and appropriate escalation of suspicious activity (SARs)

Leadership & Training

• Lead, mentor, and develop the AML and onboarding teams
• Deliver ongoing AML/KYC training across the business

Stakeholder Engagement

• Prepare and deliver reporting to senior committees and the Board
• Collaborate with compliance, risk, operations, and business development teams

Escalations & Oversight

• Act as a key escalation point for high-risk accounts, PEPs, and complex structures
• Review and approve new accounts and transaction monitoring outputs
• Liaise with correspondent banks and respond to external queries

Requirements Education & Certifications

• Bachelor’s degree in Finance, Business, Law, or a related field (or equivalent experience)
• Professional certification such as CAMS preferred

Experience & Skills

• Extensive experience in AML/KYC onboarding within financial services
• Strong knowledge of Cayman regulatory requirements and industry best practices
• Experience with investment funds and complex client structures
• Proven leadership and team management capability
• Excellent analytical, organizational, and problem-solving skills
• Strong communication and stakeholder management abilities
• Experience with AML systems and client lifecycle management tools
• Exposure to digital assets is advantageous

What’s on Offer

• Senior leadership position with regional oversight
• High-impact role within a growing organization
• Competitive compensation and benefits package

Contact Erika Pettersson erika@theagency.ky