Job Information Compliance Officer Company Information
Contact Name
Contact Email sagicorjobs@careerjamaica.com
Job Information
Job Type Full-time
Department Employee Benefits Administrator Limited
Category Computer/IT
Posted 02-09-2024
Job Status
Start Publishing 02-09-2024
Stop Publishing 07-09-2024
[Kingston,Jamaica ]
Description
"Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"
 
Employee Benefits Administrator Limited is seeking a suitable candidate to join our Pension Services (EBA) team in the capacity of: Compliance Officer
Location: Kingston
 
 
As a Compliance Officer, you will:
  • Support the Compliance Manager in ensuring that plans are compliant with the regulatory requirements of the Pensions Act, Regulations and Income Tax Act.
  • Review Financial Services Commission and Tax Administration Jamaica’s reports as assigned for accuracy.
  • Prepare and send outstanding contribution letters to clients who have not paid their deposits by the stipulated timeframe.
  • Prepare and send audit reminder letters to the respective clients.
  • Determine on each anniversary which clients require an audit based on the criteria set out in the Pensions Act.
  • Prepare and send annual reports to trustee boards on the status of their regulatory reporting.
  • Prepare and send reminder letter to trustee boards that have not convened a trustee meeting year to date.
  • Review all documents received from the Financial Services Commission and Tax Administration Jamaica, log deadline date and route to relevant persons for action.
  • Prepare holding letter to be sent to Financial Services Commission and Tax Administration Jamaica’s for documents requiring response.
  • Log all desk-based examination review, letters and progress report requests received from the Financial Services Commission.
  • Maintain a database of all relevant pension plans with respect to the filing of all regulatory reports.
  • Assist the Compliance Manager in preparing the monthly reports on compliance activities.
  • Complete and submit regulatory reports and correspondence to the relevant personnel.
  • Perform other related duties assigned from time to time.
What do you need?
  • Bachelor’s degree in Accounting, Actuarial Science, Mathematics, Management Studies, or relevant discipline from a recognized tertiary institution.
  • A minimum of two (2) years’ experience in a similar capacity.
  • Sound knowledge of computer software packages including word processing and spreadsheet applications.
  • Working knowledge of the Pensions Act, 2004 and regulations and Income Tax Act.
  • Excellent communication skills.
  • Ability to manage time effectively
  • Must be able to multi-task.
  • High attention to detail
If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than September 6, 2024.
While we appreciate all applications, only shortlisted candidates will be contacted.
 
  
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