Compliance Analyst (Cayman Experience Required)

Role Overview

A compliance and risk team in the Cayman Islands is looking for an experienced Compliance Analyst to help strengthen its regulatory controls. The position is focused on client onboarding, due diligence, anti-money laundering and counter-terrorist financing checks, counter-proliferation financing controls, and sanctions compliance. This is a remote contract opportunity suited to a detail-focused professional who is comfortable working with complex legal and ownership structures.

The assignment is expected to run for 12 months initially and may continue beyond that term. The contractor will need to operate as a sole trader.

Key Responsibilities

• Review proposed client structures such as funds, trusts, LLCs, and exempt companies to determine the right level of customer due diligence under Cayman Islands AML/CFT/CPF and sanctions rules.
• Examine ownership and legal arrangements to identify beneficial owners and any jurisdiction-related risks, while ensuring due diligence files are complete and accurate.
• Complete and record client risk assessments for new and existing clients using the firm’s risk-rating approach, with support from senior colleagues.
• Assist with new business intake by preparing due diligence requests and explaining regulatory expectations to internal and external stakeholders.
• Track trigger events, including changes in ownership, control, or business activity, and update client records and risk profiles in a timely manner.
• Review client activity for signs of possible financial crime and escalate concerns when needed.
• Draft and escalate suspicious activity reports for MLRO review.
• Keep compliance records accurate, complete, and ready for audit within the relevant systems.
• Support regulatory inspections, audits, and information requests from the Cayman Islands Monetary Authority.
• Work with legal, onboarding, trust, and corporate services teams to build compliance requirements into day-to-day processes.
• Contribute to compliance initiatives, regulatory change projects, and process enhancement efforts.

Requirements

• A recognised compliance or financial crime qualification such as CAMS, ICA, CFCS, CFE, CRCMP, CIA, or an equivalent credential.
• At least 3 years of relevant experience in a comparable compliance position within a law firm, financial institution, or corporate services business.
• Strong practical understanding of Cayman Islands AML/CFT/CPF and sanctions obligations, including due diligence and beneficial ownership rules.
• Demonstrated ability to conduct and document client risk assessments, including reviews triggered by events or changes.
• Comfort working with compliance platforms and strong command of MS Office applications.
• Excellent coordination and organisational ability with the capacity to handle several priorities accurately.
• Clear communication and interpersonal skills, along with the ability to perform well in a fast-moving environment.
• High standards of ethics, sound judgement, discretion, and the ability to work independently as well as collaboratively.

Additional Information

This is a remote-working contract role based on support for the Cayman Islands market. The engagement is initially intended for 12 months and may be extended. The contractor must set up as a sole trader.

Why This Role May Appeal

• Opportunity to work on intricate international client structures.
• Chance to join a professional and cooperative compliance environment.
• Scope to deepen technical knowledge and regulatory experience in a major offshore jurisdiction.