Key Accountabilities
Compliance Policies, Procedures and Processes
Support the development, implementation and maintenance of Prudential Bermuda’s compliance policies and procedures.
Compliance Monitoring, Testing and Reporting
Assist in executing compliance monitoring and testing activities to identify and mitigate risks.
Financial Crime Compliance (AML/ATF/APF, Sanctions, Fraud)
Support the operation of financial crime controls including CDD, screening, adverse media reviews, and transaction monitoring.
Regulatory Reporting and Liaison Support
Assist in preparing regulatory submissions and maintaining records for regulatory interactions.
Compliance Advisory Support
Provide day-to-day compliance guidance to internal stakeholders under the direction of the CCO.
Training and Awareness
Support the delivery and tracking of compliance training initiatives.
Data and Systems
Maintain compliance systems and data used for monitoring, screening, and reporting.
Requirements
6-8 years of experience in compliance, financial crime, risk, or related roles (insurance or financial services preferred).
Basic knowledge of compliance requirements issued by the Bermuda Monetary Authority and other local authorities.
Familiarity with AML/ATF/APF frameworks, sanctions, and compliance processes.
Experience with CDD/EDD processes and compliance monitoring activities.
Exposure to compliance systems (i.e. screening, adverse media review, transaction monitoring) is advantageous.
Strong analytical and attention-to-detail skills.
Working knowledge of the Bermuda Personal Information Protection Act 2016 (PIPA), including core privacy principles such as lawful use, purpose limitation, data minimisation, security safeguards, and individual rights.
Ability to collaborate with Legal, IT, Risk, and Compliance stakeholders to support data protection controls embedded within business processes and systems.
Strong judgement and discretion when handling confidential and sensitive personal information, including client, employee, and HNW data
Ability to work collaboratively across teams and escalate issues appropriately.
Bachelor’s degree in Finance, Law, Risk, Compliance, or related field.
Proficiency in Microsoft Office (Excel, Word, PowerPoint).
Strong written and verbal communication skills.
Willingness to learn and develop within the compliance function.
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
