Compliance Assistant (Risk)

The National Bank of the Virgin Islands (“the Bank”) is seeking a qualified person to fill the following full-time position:

Compliance Assistant (Internal Control)

Job Summary:

Purpose of the Job:

To provide administrative and operational support to the Compliance and Risk Department. The Compliance Assistant (Risk) supports the Bank’s efforts to identify, monitor, and manage operational and regulatory risk, assists in ensuring that daily activities are conducted in accordance with the laws and regulatory requirements of the Virgin Islands, and contributes to the effective delivery of the Bank’s compliance, risk, and digital transformation initiatives.

Educational Requirements:

• Associate Degree in Business Administration or any other related field

Knowlegde, Skills and Abilities:

• Regulatory Awareness: Basic understanding of AML, CFT, Proliferation Financing (PF), and the legal and regulatory standards established by the Virgin Islands (including the BVI Regulatory Code, 2009 and the Labour Code, 2010).
• Regulatory Fitness: Ability to meet the basic expectations of the BVI Financial Services Commission’s “Fit and Proper” criteria, demonstrating honesty, integrity, and professionalism.
• Analytical Skills: Strong analytical and effective problem-solving skills, supported by meticulous attention to detail.
• Communication: Good verbal and written communication skills, with the ability to handle sensitive information with tact and discretion.
• Digital Fluency: Proficient in the Microsoft Office Suite with the ability to quickly adapt to modern core banking systems, CRM platforms, and automated compliance screening tools.
• Work Management: Strong organisational skills, flexibility, and the ability to multitask and work independently under pressure.
  

Experience:

• A minimum of two (2) years in a compliance role
• Experience within the Banking or financial services sector
  

Primary Responsibilities include, but are not limited to:

Operational Governance & Administrative Support

• Administrative Execution: Provides administrative support in the implementation and day-to-day administration of the Bank’s compliance and risk policies, procedures, and departmental activities.
• Training Coordination: Assists with coordinating mandatory regulatory, AML/CFT/CPF, and risk-related training programmes hosted by the Department, helping to ensure their smooth delivery and proper recordkeeping.
• Resource Management: Assists in maintaining a library of compliance resources and ensures the timely dissemination of relevant information (including changes to all rules, regulations, and laws) to the appropriate personnel via departmental bulletins.
• Policy Maintenance: Assists with updating and maintaining compliance and risk-related procedures, policies, guidelines, and standards in accordance with the Bank’s review cycle.
• Complaints Administration: Assists in maintaining the Bank’s Register of Complaints, ensuring matters are accurately logged and made available for further review and follow-up.
  Compliance, Risk & AML Operations
• Second Line of Defence (2LoD) Support: Provides support within the Bank’s Second Line of Defence by assisting with the identification, monitoring, and escalation of operational and regulatory risk matters.
• Quality Assurance: Assists with conducting Control and Quality Assurance Audit reviews as stipulated in the Compliance and Risk review schedule.
• Account Reviews & Escalation: Performs daily reviews of accounts and conducts research to obtain additional information in determining account activity. Documents the results of the review and refers findings to the Money Laundering Reporting Officer (MLRO) and/or Risk Control Officer for appropriate attention.
• Source of Funds (SOF): Assists with the investigation and preparation of Source of Funds reports for review by the MLRO in accordance with the BVI AML/CFT Code of Practice.
• Regulatory Reporting: Assists with the coordination and preparation of regulatory reporting, including FATCA, CRS, and International Tax Authority (ITA) filings.
  Sanctions and Due Diligence
  
• Vendor Screening Support: Assists with screening potential vendors and third parties to help identify and mitigate third-party risk, as requested by Management.
• Sanctions Monitoring: Supports the screening of customer accounts and transactions against updated UN and UK targeted financial sanctions lists, ensuring adherence to the BVI Revised Sanctions Guidelines.
  Digital Transition and Data Protection
• Digital Compliance Automation: Assists with the transition to, and daily operation of, automated compliance and risk monitoring systems, in support of the Bank’s digital transformation objectives.
• Screening Platform Support: Assists with updating and maintaining the Bank’s Risk Screening platform to support accurate and effective compliance monitoring.
• Training Platform Support: Assists with updating and maintaining the Banker’s Academy Training Module and related training records.
• Data Privacy Adherence: Maintains the confidentiality of all customer and employee information and performs assigned duties in accordance with the Bank’s confidentiality standards and in strict adherence to the BVI Data Protection Act, 2021.
  Other Duties

• Performs any other related duties, assignments, or special projects as required or assigned to support the evolving needs of the Compliance and Risk Department.

Reporting Line: Risk Control Officer

Applicants must submit the following documents through BambooHR via https://nationalbank.bamboohr.com/careers/51 :

• Cover letter (specifying the vacancy);
• Resume and certified copies of academic certification (and or diplomas).

Applications and résumés should be addressed to the attention of:

Ms. Chanteé Mathavious

Human Resources Manager

National Bank of the Virgin Islands Limited

P.O. Box 275

Road Town, Tortola VG1110

British Virgin Islands

Please do not apply via email or submit hard-copies unless directed to do so.

Please call Ms. Mia Francis, Human Resources Officer II, at (284) 852-2987 if any further information or clarification is required.

Submission Deadline: 22nd July 2026