Position: Supervisor – Regulatory and Compliance Services
Location: Cayman Islands, Grand Cayman
About Us
The Maples Group is a global leader in financial services, trusted by many of the world’s largest hedge fund managers, private equity firms, and international corporations.
Our side-by-side financial and legal teams consistently deliver award-winning services to a global client base, offering unrivalled learning and career opportunities to our 2,500 colleagues worldwide.
What’s it like to work here?
We are driven to excel, and collaboration is key to our continued success. We can go further for our clients because we go further for each other too. Our inclusive culture creates an environment where people can be themselves at work while doing their best work. No matter where you work in the Maples Group, you will be part of a global team.
The Opportunity
We are looking for an accomplished Supervisor to join our Regulatory and Compliance team as part of our financial services business in Grand Cayman.
The Cayman Islands is home to our global headquarters and where the Maples Group first established operations in the 1960s. Since then we have grown to become one of the largest employers in Cayman, where colleagues from all over the world collaborate to deliver best-in-class solutions to clients worldwide. As part of our Cayman team you will:
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Assist with the provision of AIFMD depositary lite services to a small portfolio of clients. This involves cashflow monitoring, safekeeping and oversight including regular review of financial accounts, work papers, underlying transactions and adherence to fund rules, policies and procedures;
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be involved in the provision of FATCA and CRS, CbCR and Economic services, including responsibility for the collection and review of documentation for the on-boarding, classification and remediation of account holders in accordance with FATCA and CRS standards for a small portfolio of clients
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collection and review of information preparation and submission of FATCA, CRS, CbCR and Economic Substance registrations and annual filings;
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liaise with clients, investors, investment managers, colleagues and other third parties in various international jurisdictions.
What You Bring
In addition to indisputably high ethical standards and autonomy, the ideal candidate possesses the following:
- A university graduate, with an accounting or finance degree, an excellent academic background, and at least two years’ relevant experience in fund administration or audit in the investment funds industry. A background in fiduciary services in the investment funds industry may be considered;
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The candidate must also have a good understanding of FATCA, CRS, CbCR, Economic Substance and AIFMD regulatory requirements;
- Experience in working with account holder due diligence and reporting requirements for reporting financial institutions under FATCA and CRS is preferred;
- Excellent knowledge of Microsoft applications, with advanced Excel and data management skills;
- He/she will have strong analytical skills, with the ability to read and interpret documentation in line with specific requirements;
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In addition, he/she will have the ability to use initiative, be self-motivated and able to work independently, and work well under pressure to complete high volumes of work under tight deadlines;
- This post requires a high degree of attention to detail, accuracy and efficiency, ability to multi-task and excellent organisational, prioritisation and communication skills;
- In addition, the successful candidate will be required to adhere to policies and procedures.
