Assistant Manager Compliance

CO_SNFSL Apex Group Fiduciary Services; Saint Helier; On-site; GBP 55,000 - 70,000; Full time

Job summary

Apex Group Fiduciary Services in Jersey is seeking an Assistant Manager to join the Compliance Team. You will report to the Senior Compliance Manager and support the team with administrative tasks, prepare management information for boards, and help ensure robust compliance across the organisation.

The role emphasises AML/CFT discipline, regulatory reporting, and developing a small team. Previous compliance experience in regulated financial services is preferred; training will be provided where

Qualifications

• Understanding of Jersey financial regulations and AML/CFT framework.
• Willing to pursue relevant compliance qualification.
• Experience in regulated financial services preferred; training available.

Responsibilities

• Assist with ad-hoc compliance matters including regulatory matters as they arise.
• Oversee AML questionnaires and letters.
• Oversee reliance visits and queries and attend meetings as required.
• Oversee collation of supporting statistical information.
• Oversee the screening process as performed by Compliance administrator.
• Support the Money Laundering Compliance Officer with monitoring and testing of compliance with legislation.
• Assist with ensuring adequate systems and controls for monitoring compliance with AML/CFT/CPF Handbook.
• Assist with monitoring training programs and awareness measures.
• Assist in producing regular written reports to senior management and the board.

Skills

Jersey Law 1998

Trust Company Code of Practice

AML/CFT knowledge

Regulatory reporting

Communication

Organisation

Multi-tasking

Education

Compliance qualification (e.g., ACCA/ICSA or equivalent)

Job description

The role

As an Assistant Manager in the Compliance Team you will report to the Senior Compliance Manager and be responsible for a number of important administrative tasks and provide support to the key persons which will ultimately enable the compliance team to provide robust management information to the boards of the Apex regulated entities.

Key responsibilities

Administrative Responsibilities

• Assist with ad-hoc compliance matters including but not limited to regulatory matters as they arise;
• Oversee the completion of AML Questionnaires and Letters;
• Oversee with requests regarding reliance visits and queries and attend meetings as required;
• Oversee the collation of supporting statistical information when required from time to time;
• Oversee the Screening process as performed by Compliance administrator;
• Support the Money Laundering Compliance Officer by undertaking appropriate monitoring and testing of compliance of the relevant person's compliance with legislation;
• Assisting with ensuring that there are adequate systems and controls (including policies and procedures) for monitoring compliance with, and testing the effectiveness of policies and procedures, particularly those relating to Money Laundering, the Financing of Terrorism and the JFSC AML/CFT/CPF Handbook;
• Assisting with ensuring that there are adequate procedures for monitoring and testing the effectiveness of measures to raise awareness and training;
• Assist with the production of regular written reports in respect of the registered person's systems and controls (including policies and procedures) and compliance with the requirements of the relevant laws, orders and codes of practice to senior management and the board of directors of the relevant persons.

Management Responsibilities

• Manage own workload and priorities effectively and leading a small team of people;
• Contribute to the development of the team members.

Other Responsibilities

• Assist with other duties to support the Senior Members of the Apex Compliance Function from time to time;
• Be willing to undertake or assist in any project work that is identified and be willing to get involved with APEX Group initiatives in relation to regulatory issues, liaising with Senior Members of the team as and when required;
• Be able to assist other team members where required;
• Liaise with Apex employees on day to day regulatory matters and assist with queries regarding relevant laws, orders or codes of practice;
• Oversee the implementation and maintain the Internal Compliance Induction Training Programme;
• Assist with aspects of the Apex Compliance monitoring as and when required;
• Complete AD HOC compliance training to the business as required.

Experience

• It is preferable that you have an understanding of Jersey's financial regulations and AML/CFT Framework and have at least 3 years experience with performing Compliance / AML/CFT/CPF roles within a regulated financial services business though training will be undertaken for those individuals who do not have experience and have not worked in Compliance / AML/CFT/CPF roles.
• Will either hold or be willing to work towards a relevant compliance qualification (as determined by Apex).

Skills

• knowledge of the Financial Services (Jersey) Law 1998, any orders issued under the Law;
• knowledge of the Code of Practice for Trust Company Business;
• knowledge of the Code of Practice for Fund Services Business;
• knowledge of the Jersey Anti-Money Laundering legislation and any orders issued under those laws;
• knowledge of the Handbook for the Prevention and Detection of Money Laundering and the Financing of Terrorism;
• awareness of personal obligations and those of the relevant persons under the laws mentioned above as well as the Terrorism Law, the Directions Law, Terrorist Sanctions Measures;
• excellent communication skills;
• be well organised;
• have the flexibility and adaptability to undertake a variety of tasks at short notice if require