Purpose of the role:
You will support the Jersey Risk & Compliance function’s Senior Management team and be responsible for identifying and managing risk within the company.
Responsibilities:
- Provide comprehensive advisory, monitoring and control services to the Jersey business in order to manage compliance with regulatory and internal policies and procedures
- 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
- Manage members of the Risk & Compliance team in their execution of compliance tests, ensuring a robust evidence-based process is followed with a clear and concise recording of any identified breaches and/or Compliance control weaknesses
- Review recommendations for exceptions to Policies and Procedures with a view to making decisions delegated to Mangers or making recommendations for Senior Management to determine
- Provide advice, guidance and training to colleagues in relation to risk, compliance and AML/CFT issues, assisting with any applicable technical queries and reviews of documentation
- Monitor and report effectively on key Risk and Compliance indicators
- Support and oversight of the management of any breaches and errors, including investigation and remediation where appropriate
Skills required:
- A relevant AML/Compliance professional qualification (ICA Diploma)
- Excellent verbal and written communication skills
- Risk and compliance experience
- Knowledge of current regulatory requirements
- An understanding of complex structures including companies and trusts
- Knowledge of multi-jurisdictional AML/CFT legislation and regulatory requirements would be desirable