Purpose of the role:
To perform a full range of risk and compliance tasks including assistance with provision of a compliance framework to all regulated entities, in order to support both the Head of Risk & Compliance and assist the business, operate in accordance with its legal and regulatory obligations, comply with the Codes of Practice; and meet industry best practice.
Responsibilities:
- Oversee maintenance of the Risk & Compliance Registers, ensuring regularly reviewed and updates received
- Oversee daily Screening and Sanction Updates and ensure relevant results are either discounted and/or escalated in accordance with Policy
- Conduct New Business Reviews upon New Clients and ensure 90-day Reviews are undertaken
- Conduct Client File Reviews, Event Driven Reviews and Due Diligence Reviews from time to time
- Undertake ad hoc Risk & Compliance associated project work as directed
Skills required:
- Must hold ICA qualifications
- Risk & Compliance experience, minimum 5 years demonstrated experience
- Solid understanding of both the Trust Company Codes of Practice, Funds Services Business Code of Practice and Certified Funds Code of Practice
- Practical experience and understanding of the application of the Money Laundering (Jersey) Order 2008, Proceeds of Crime (Jersey) Law 1999, Terrorism (Jersey) Law 2002, AML CFT Handbook and other related legislation, standards and codes of practice