About the role/Purpose of the role:
The purpose of this role is to support the Jersey Risk & Compliance function’s senior management team in undertaking the above activities.
Key Responsibilities:
- Provide comprehensive advisory, monitoring and control services to the Jersey business to manage compliance within regulatory and internal policies and procedures.
- Play a key role in undertaking compliance monitoring and management of controls and actions arising from the monitoring.
- Monitor and report effectively on key Risk and Compliance indicators. Work closely with the Head of Compliance in management of this framework and ensure it remains fit for purpose on an ongoing basis.
- Collaborate with members of the Risk & Compliance team in their execution of compliance tests ensuring a robust evidence-based process is followed with clear and concise recording of any identified breaches and/or Compliance control weaknesses.
- In consultation with senior management, issue, revise and adopt compliance and business Policies, Guidance and Procedures in line with developments in legislation, regulations, and best practice.
- While performing the role, identify and report any matters that indicate a need for additional training and/or guidance.
- Take ownership of a defined set of Risk & Compliance Policies and Procedures (Team and business), to include their maintenance and providing training in their use.
- Assist with delivery of Risk & Compliance induction and refresher training.
Skills required:
- Previous Risk & Compliance experience.
- Knowledge of current regulatory requirements.
- Broad level of knowledge and experience of compliance monitoring.
- Knowledge of multi-jurisdictional AML/CFT legislation and regulatory requirements would be desirable.
- Understanding of risk factors.
- Effective leadership and management skills.
- Hands on and collaborative approach.
- An ability to work in an organised manner and having attention to detail.
- An ability to work towards deadlines.
- A relevant AML/Compliance professional qualification (ICA Diploma).