Purpose of the role:
To play a central role in the Jersey compliance function, ensuring that the business transactions and compliance monitoring programme adhere to all legal, regulatory, and internal policies and procedures.
Responsibilities:
- Undertake the Compliance Monitoring Programme, including the succinct and clear presentation of CMP findings and recommendations
- Maintain and update the General and AML/CFT Business Risk Assessments, including adapting to ongoing regulatory changes
- Oversee the timing and process of all risk reviews to ensure completion pursuant to the Compliance and Procedures Manuals and regulatory guidance
- Act as Compliance Officer (CO), Money Laundering Reporting Officer (MLRO) and Money Laundering Compliance Officer (MLCO)
- Act as CO, MLRO, MLCO to regulated client Jersey vehicles and subsidiaries where applicable
Skills required:
- Proven compliance experience in a senior capacity, including holding key person MLRO, MLCO roles within a fund/ fiduciary sector compliance role and environment
- In depth knowledge of the Jersey legal and regulatory compliance environment, fiduciary and investment financial services, including the Jersey Handbook and Money Laundering Order, TCB & FSB codes
- Experience of remediation plans and JFSC interaction an advantage