Head of Compliance & AMLCO
FULL TIME - HYBRID
Role in Brief
Opportunik Global Fund is hiring a Head of Compliance & AMLCO to lead the internalization, execution, and oversight of the fund’s full compliance framework. This role will assume end-to-end accountability for regulatory compliance across all jurisdictions of operation and serve as the Fund’s designated Anti-Money Laundering Compliance Officer (AMLCO) under the Cayman Islands AML regime.
The role includes oversight of investor onboarding, fund disclosures, AML/CFT systems, regulatory reporting, and governance alignment. As a direct report to the CEO and a key member of the fund’s executive team, the Head of Compliance & AMLCO will engage regulators, auditors, and institutional stakeholders, while embedding a culture of transparency, integrity, and proactive risk mitigation.
About Opportunik Global Fund & Advisory
Opportunik Global Fund is a Cayman Islands licensed and Mauritius administered fund management company, with a mission to unlock prosperity for Africans through alternative investments.
Its Advisory affiliate (Opportunik Advisory) uses complex data, research and technical analyses to advise private clients (retail and institutions) on global asset classes with upside potential. It also receives and executes capital raise mandates across Africa.
Mode of Engagement
Full-time with a probation period of 6 months.
Primary Job Location
Hybrid
Reporting Line
CEO
Roles and Responsibilities
Global Compliance Oversight
- Design, implement, and maintain a comprehensive compliance framework aligned with Cayman, Mauritius, and international regulatory standards.
- Monitor and operationalize regulatory developments across all jurisdictions of activity (including Africa, Europe, and the Americas).
- Internalize all compliance functions previously outsourced, establishing robust in-house policies, controls, and documentation.
Regulatory Engagement & Reporting
- Serve as the primary compliance liaison with regulators (e.g. CIMA, Mauritius FSC), fund administrators, and external auditors.
- Prepare, review, and file all required regulatory submissions, compliance declarations, and disclosures.
- Manage regulatory inspections, inquiries, and audits with professionalism and accuracy.
- Maintain audit-ready documentation and evidence logs to support regulator reviews and investor due diligence processes.
Investor Disclosures & Documentation
- Review and maintain compliance integrity of offering documents (PPM), investor letters, and performance communications.
- Ensure that fee structures, redemption terms, and fund mandates align with fiduciary and regulatory expectations.
- Support disclosure obligations during capital raise processes and onboarding of institutional investors.
Control Environment & Administrator Oversight
- Conduct regular compliance monitoring, policy testing, and thematic reviews across fund and advisory activities.
- Oversee service-level compliance of key vendors—especially the fund administrator—ensuring contractual adherence and escalation of material breaches.
- Review NAV documentation, valuation inputs, and pricing flow to verify compliance with internal policies and audit trail expectations.
- Lead or support internal audits and remediation efforts to resolve compliance-related control weaknesses.
Training & Governance Culture
- Design and deliver firm-wide training on compliance obligations, professional conduct, AML/CFT awareness, and regulatory updates.
- Embed a compliance-first culture across teams, with a focus on accountability and transparency in all business units.
Incident Response & Remediation
- Investigate suspected compliance breaches, policy violations, or misconduct events.
- Drive remediation of control gaps and prepare detailed reports to executive leadership on incident status and resolution progress.
Stakeholder Collaboration
- Work closely with Legal, Risk, Treasury, Trading, Finance, and Operations to ensure integrated governance.
- Provide actionable compliance insights and advisory input to support senior management decisions and institutional credibility.
AMLCO Function (Cayman AML Regime)
- Serve as the Fund’s designated Anti-Money Laundering Compliance Officer (AMLCO) under the Cayman Islands AML Regulations.
- Act as the point of contact with CIMA and other Cayman authorities on all AML/CFT and sanctions monitoring matters.
- Design, implement, and maintain AML/CFT systems and documentation, including internal policies, procedures, and risk assessments.
- Maintain AML logs and ensure annual Board-level AMLCO reporting, including bi-annual MLRO updates and PEP reviews in line with regulatory requirements.
- Conduct AML risk assessments, investor onboarding reviews, and transaction monitoring aligned with the Fund’s risk profile.
- Investigate and determine reportability of suspicious activity; submit SARs to the Financial Reporting Authority (FRA) where required.
- Deliver AML training to directors and key personnel in line with AML regime expectations.
- Replace the current outsourced AMLCO structure (Amicorp), assuming all delegated responsibilities and regulatory obligations.
Qualifications & Experience
- Bachelor’s degree in Law, Finance, Economics, or a related field. Advanced degree or certifications (e.g. ICA, CAMS, CCEP) are preferred.
- Minimum 7 years of experience in compliance or regulatory oversight within fund management or global financial services.
- Prior AMLCO or MLRO designation experience in a regulated fund environment strongly preferred.
- Deep familiarity with Cayman AML Regulations, Proceeds of Crime Law, and CIMA Guidance Notes.
- Proven ability to internalize compliance programs and transition from outsourced arrangements.
- Experience supporting investor due diligence, audits, and fund disclosure reviews.
Key Competencies
- Strong working knowledge of cross-border fund compliance, AML/CFT, investor onboarding, and fiduciary reporting obligations
- High ethical standards, professional discretion, and sound compliance judgment
- Excellent documentation discipline and process ownership
- Clear, confident communicator with executive-level reporting skills
- Proactive, structured, and capable of leading change independently
Remuneration and Perks
- Competitive salary aligned with global industry benchmarks
- Access to premium work tools and platforms
- Comprehensive health insurance coverage
- Birthday and parental leave allowances
- Full salary during leave periods
- Exclusive staff investment opportunities
- High level of autonomy and strategic engagement
