Fund Services. AML/KYC Assistant Vice Presidentnew

About Citco:

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

About the Team & Business Line:

Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.

The Compliance Manager will serve as the designated Compliance Officer and MLRO for Citco's Funds Services operations, fulfilling all regulatory obligations under the Financial Services Commission (FSC) framework. The role is responsible for managing AML/CFT/CPF risks, supporting regulatory reviews, and ensuring effective compliance across all business lines.

Compliance Officer & MLRO Functions

• Act as the designated MLRO / AML/CFT Compliance Officer as required under Mauritius regulatory requirements

• Ensure effective AML/CFT/CPF policies, procedures, systems and controls are established and maintained

• Review and maintain compliance arrangements (e.g. policies and procedures, risk assessments and controls) on a periodic basis (e.g. annually)

• Ensure the firm's ML/TF/PF risks are reviewed and managed on an ongoing basis

• Provide appropriate and on-going AML/CFT training to all officers and employees
  
  FSC Regulatory & AML/CFT Oversight

• Lead and coordinate FSC AML/CFT surveys and respond to regulatory queries

• Manage and oversee FSC Files Reviews, ensuring timely and accurate submissions

• Coordinate the Bankers Annual Files Review cycle, liaising with banking partners and internal teams

• Support and facilitate AML/CFT audits (internal and external), including preparation of documentation and remediation tracking

• Risk Management & Governance

• Support appropriate money laundering and terrorist financing risk management policies and methodology, ensuring documentation is approved and reviewed periodically

   

• Assist the Board of Directors and Senior Management in understanding their responsibilities and personal liabilities associated with AML/CFT/CPF obligations

• General Compliance Tasks

• Assist in the development and implementation of compliance frameworks aligned with FSC requirements

• Monitor regulatory developments and update internal policies accordingly

• Conduct compliance monitoring and testing activities

• Prepare compliance reports for senior management and governance committees

About You:

Requirements

Qualifications

• Degree in Law, Finance, Business Administration, or related field

• AML/CFT professional certification (e.g. CAMS, ICA) preferred

Experience

• Minimum 5–7 years of compliance experience within the financial services industry

• Prior experience as a Compliance Officer or MLRO in Mauritius or a comparable jurisdiction

• Demonstrated experience with FSC regulatory interactions, AML/CFT surveys, and file reviews

• Familiarity with Bankers Annual Files review processes

Skills

• Strong knowledge of Mauritius AML/CFT legislative and regulatory framework

• Excellent written and verbal communication skills

• Ability to manage multiple regulatory workstreams simultaneously

• Strong stakeholder management and reporting capabilities

  
   Our Benefits

Your wellbeing is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.