Purpose of the role:
To carry out the functions of risk management with emphasis on ensuring that the business operates within all required legislation and regulation.
Responsibilities:
- Ensure all high risk investors/clients are correctly identified as such and that enhanced due diligence procedures are implemented and adhered to throughout the life of the relationship
- Assist with the investigation of AML and sanctions alerts, escalating where appropriate
- Keep up-to-date with changes in regulatory requirements liaising with the Funds Governance function to identify and implement any resulting changes to requirements and procedures
- Develop and maintain first class professional relationships with each client/investor, ensuring that all written, verbal and face-to-face communications are handled in an appropriate professional, efficient and timely manner
- Assist Client Managers and Directors, and guide other team members, during the establishment/take-on of new clients/investors, including setting up bespoke procedures, populating records etc.
- Ensure procedures and checklists are updated as necessary
- Contribute to the attainment of the departmental generic objectives
Skills required:
- Hold or be working towards an appropriate qualification and/or proven track record of work experience
- Demonstrate understanding and awareness of the AML/CFT and tax transparency requirements required to be met by regulated funds services’ businesses in Jersey
- Be required to confidently liaise with clients and investors on a day to day basis
- Have a good level of competency with Microsoft Office (primarily Outlook, Excel and Word)
- Working knowledge of FrontInvest or similar funds’ system will be an advantage