Job Summary
Job Description
What is the opportunity?
You will work as part of the Jersey AML Compliance Team, reporting to the Head of AML, Channel Islands and will support the team with the management of financial crime risk and the provision of AML Advisory services, with particular focus on the role of the Money Laundering Reporting Officer (MLRO) for the Trust Wealth Management Europe Trust business.
The role will include receiving and investigating suspicious activity reports to assess whether external reporting is required. You will be supporting the financial crime training needs of the business and acting as the day to day contact for financial crime queries. The successful candidate will support and develop a strong and consistent compliance culture.
What will you do?
Support the ongoing operation of the Financial Crime Compliance model in Jersey, as it relates to the business. The core activities will include
- Acting as MLRO for the regulated legal entities within the Trust Business
- Appointing, and assisting in monitoring the performance and effectiveness of, a DMLRO(s) for the business, as required
- Acting as Deputy MLRO for the Jersey Banking business, if required
- Investigating internal SARs, with the assistance of the centralised FIU team where appropriate, and decision whether an external SAR is required
- Escalating issues to the Head of AML, CI or relevant Head of Business, as appropriate
- Acting as primary day-to-day contact for the Business, including related project work and committee membership
- Collaborating with AML team members on other investigations related to the Businesses
- Providing MLRO input into board and management reports in collaboration with other MLROs / DMLROs, MLCO and Head of AML CI as appropriate.
- Overseeing and supporting management of higher risk business activities and relationships (including PEPs) as well as specific AML/CFT issues and exposures.
- Assisting in development and delivery of Induction and other AML or Financial Crime subject specific training as required.
- Managing responses to local regulator enquiries, surveys, questionnaires and lead preparation for on site AML reviews.
- Maintaining local Financial Crime policies and procedures.
- Supporting Head of AML CI on ad hoc initiatives.
- Keeping abreast of changes to regulatory and legislative rules and principles including attending lectures, seminars and training courses (where possible) and manage process for providing updates for Compliance, business and functional partners.
What do you need to succeed?
Must-have
- University degree and/or appropriate designations as compliance professional, professional designation in other appropriate areas such as law, risk management and/or audit
- A broad knowledge of the Jersey Financial Crime and Regulatory framework
- Proven experience holding key person roles in the Financial Services industry, preferably in Jersey
- Ability and willingness to accept accountability, demonstrate initiative, work with limited direct supervision and support effective cross unit co-operation information sharing
- Creative/strategic/analytical thinker able to demonstrate sound analysis and judgement and prove sound, clear and practical advice to businesses
- Strong Verbal and written skills ability to generate concise reports
Nice-to-have
- Hold a recognised relevant professional qualification
What is in it for you?
We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
- Leaders who support your development through coaching and managing opportunities
- Opportunities to work with the best in the field
- Ability to make a difference and lasting impact
- Work in a dynamic, collaborative, progressive, and high-performing team
- Flexible working and Hybrid options fully supported
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nclusion
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