Purpose of the role:
To provide practical assistance, support and advice to the Family Office Jersey team on compliance related control matters and assume full responsibility for all interaction and liaising with Risk and Compliance where required.
Responsibilities:
- Oversight, maintenance and enhancement of FOJ Client lifecycle processes to drive continual improvement in operational efficiency, compliance effectiveness and providing the FO team with the operational control support necessary to offer exceptional client service
- Working with Relationship Managers and the First Line of Defence Officer to build and strengthen the relationship with Risk and Compliance
- To act collectively as the first line of compliance control and defence for Relationship Managers and as their liaison with the second line of defence, Risk and Compliance
- Provide guidance to team members on the collation and review of new and existing client KYC/CDD/enhanced due diligence during the establishment of new structures and advise on the reporting of beneficial ownership information
- Working with Relationship Managers to ensure that new business is correctly presented to New Business Acceptance Committee and that the client meets JFSC regulatory requirements
Skills required:
- Ideally educated to degree level
- 7 years plus experience in Financial Services Industry including extensive trust company experience
- In depth knowledge of applicable Codes of Practice, AML/CFT legislation and regulations
- Exposure to operational functions within previous roles