HEAD OF COMPLIANCE and Registered Compliance Officer

UNION BANCAIRE PRIVEE UBP SA; New Jersey; Presencial; USD 150 000 - 230 000; Tempo integral

Resumo da oferta

Union Bancaire Privée is seeking a senior compliance leader to head the Jersey SA compliance function, overseeing AML/CFT, regulatory reporting and data protection. You will drive a robust second line of defense across the Jersey entity and coordinate with ManCo and UK/Geneva compliance teams.

The role requires 10+ years in compliance leadership, strong Jersey regulatory knowledge and proven stakeholder management.

Qualificações

• 10+ years in a compliance senior management role.
• Experience in private banking/wealth management.
• Proven leadership and stakeholder management skills.
• Strong knowledge of Jersey laws and regulatory framework.
• JFSC Table 4 qualifications or equivalent.

Responsabilidades

• Deliver a robust second line of defense for Jersey SA compliance and risk oversight.
• Advise line and senior management on regulatory obligations and developments.
• Lead the Compliance team, coordinating with UK and Geneva teams as needed.
• Interface with regulators (JFSC) and ensure timely regulatory reporting.
• Develop monitoring programmes and ensure culture of compliant conduct.

Conhecimentos

Senior Compliance Leader

Regulatory affairs

Financial Crime

Stakeholder management

Formação académica

JFSC qualification

Ferramentas

Regulatory portals

Descrição da oferta de emprego

Main Responsibilities

The key objective of the Compliance team within UBP, SA Jersey (‘UBPSAJ’ and its Key Persons complies fully with all its legal and regulatory obligations relating to Financial Services, AML/CFT and Data protection. Primary focus will be on regulatory compliance assessing the conformity of Laws, Regulations together with internal Directives and procedures in conjunction with legal obligations and best practices applicable to the entity and the activities that are undertaken.

Role Duties

Key Responsibilities:

• Reporting to the Branch Manager and UBP UK Chief Compliance Officer and Group Heads of Compliance and Financial Crime
• Acting as the Registered Compliance Officer
• Managing, supporting, overseeing the Compliance Team / MLCO and MLRO
• Leading the team and working with ManCo in providing independent assurance that all Jersey SA Compliance/Financial Crime and regulatory risks are captured, measured, monitored and managed within the UBP Group risk appetite and processes adhere to local regulatory requirements.
• Working closely with ManCo members, local business unit heads and staff on mitigating Compliance, Financial Crime and regulatory risk; and to contribute broadly to the enterprise-wide risk management objectives in the business as part of an effective second line of defense team.
• Take on regulatory authorisations (whether permanent or from time to time as business needs arise due to gaps between staff departures and recruitment)
• To assist as required in coordinating and leading responses and reporting to the Jersey Financial Services Commission and provide support and guidance, as required, for responses and reporting to other regulators within the UBP Group.
• To act as the focal point as regards developments in the regulatory regime in Jersey adopting and implementing best practice and the highest standards across UBP.
• Working with the UBP UK Chief Compliance Officer and UBP UK Head of Financial Crime to deliver a robust Compliance programme in Jersey engaging with the UBP UK Compliance team as required.

Duties and Responsibilities:

• Responsibility for delivering a robust second line of defense for UBP SA, Jersey Branch business lines on an advisor, enabler and enforcer model. Leading the Jersey and the wider UBP participation in projects as appropriate.
• Ensure open and efficient communication with the firm’s regulators (primarily JFSC), by ensuring effective liaison between UBP SA Jersey Branch and the regulators; and with the business to promote best practice and ensure good understanding of compliance requirements. (Prudential regulation is a primary function of the finance team but relationship and registration aspects sit with Compliance).
• Work with the MLRO & MLCO to ensure open and efficient co-operation with relevant Financial Investigation Units
• Support new business initiatives with quality advice and challenge to ensure they consider Compliance implications.
• Responsibility for the delivery of aspects of the Compliance processes and the subsequent implementation and maintenance.
• Responsibility for assisting in the identification, investigation and resolution of regulatory breaches.
• Communicating effectively and constructively with the Compliance team and with all parts of UBP SA, Jersey Branch and with UBP UK and Geneva Compliance.
• Responsibility for the production and distribution of Compliance Reporting, MI and communications.
• Assist the wider Compliance and Financial Crime Team in UBP UK and Geneva and manage day to day compliance related regulatory communications, and other required actions.
• Encouraging a culture of upholding the UBP Group brand values and supporting a culture of compliance with policies, appropriate risk management and the principle of treating customers fairly.
• Compliance management of UBP SA Jersey Branch to ensure that business is conducted in accordance with all relevant legislation, rules, regulations and codes of conduct and Group policy on compliance is applied consistently
• Advise line management and senior management on all applicable regulatory obligations, including advising on business and regulatory developments, and on the procedures required to ensure compliance with these obligations.
• To assume management for all aspects of the Jersey Compliance function, to assist the firm in ensuring that it is compliant in all regulatory respects
• Timely delivery of Reports on Compliance matters for the ManCo and Committees
• Timely escalation of matters to the Jersey Branch Manager, UBP UK Chief Compliance Officer and Geneva.
• Keep up to date with current and proposed legislation and other regulations affecting UBP SA Jersey Branch
• Ensure the timely and accurate submission of regulatory returns to the Regulators.
• Develop and strengthen relationships with the business heads, the relationship managers, operational managers and staff to promote best practice and ensure a good understanding of Regulatory expectations and requirements.
• To provide necessary training to staff as required so that each individual is made aware of his or her regulatory obligations and of the procedures needed to ensure compliance.
• To contribute to the development and implementation of comprehensive monitoring programmes, covering all aspects of the UBP SA, Jersey Branch business, to check that the business continues to be conducted in compliance with all regulatory obligations, to report to line management all significant exceptions, and to check that actual or potential breaches are remedied promptly
• Perform all duties in accordance with the principles outlined in the UBP Code of Conduct, as well as the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long-term sustainability of client relationships.

Risk & Governance:

• Support the maintenance of the business risk assessment (BRA)
• Ensure client risk assessments are appropriate and up to date
• Provide input into governance forums and senior management decision-making

Policies, Procedures & Record Keeping:

• Maintain up-to-date policies in line with Jersey regulatory requirements
• Ensure adequate record keeping in accordance with legal and regulatory obligations
• Oversee documentation standards for CDD, EDD and ongoing monitoring

Regulatory Reporting & Engagement:

• Ensure timely and accurate regulatory reporting
• Manage regulatory inspections and information requests
• Liaise with auditors and external stakeholders
• Local Branch Committees as a Permanent Attendee
• Compliance Committee
• New Product Approval Committee

Committee Membership

Conduct Rules

This role is required to comply with the relevant regulatory Conduct Rules, which include:

1. To act with integrity;
2. To act with due skill, care and diligence
3. To be open and cooperative with the relevant regulatory authorities
4. To pay due regard to the interests of customers and treat them fairly
5. To observe proper standards of market conduct; and
6. To act to deliver good outcomes for retail customers

Person Specification

Knowledge, Skills & Experience:

• Significant experience (at least 10 years) in a Compliance Senior Management role
• Experience in Private Banking/Wealth Management
• Proven track record of managing teams, leadership and management skills
• Strong influencing and stakeholder management skills
• Strategic and commercial awareness
• Team Spirit & Collaboration
• Innovation with Focus
• Effective problem-solving skills
• Ability to delegate effectively including ability to provide guidance and feedback to ensure successful delivery of delegated tasks
• Knowledge of legal regulatory and industry requirements
• Knowledge of and use of regulators’ submission portals
• Knowledge of business processes, standards and industry requirements
• Excellent Communication skills, both written and verbal. Able to articulate clearly and effectively to all levels of the organisation, including senior management and the board and to external third parties including regulators and law enforcement Influencing
• Strong Project Management skills to enable effective participation and leadership when required.
• Adaptability
• Analytical thinking
• Change Management
• Decision Making
• Interpersonal Skills
• Planning and Organising
• Problem Solving
• Relationship building
• Reliability
• Sensitivity

Qualifications and Experience:

• Relevant JFSC Table 4 professional qualification (e.g. ICA Diploma in AML, Compliance or Financial Crime)
• Strong knowledge of Jersey laws and regulatory framework
• Significant experience in a compliance or financial crime role
• Experience dealing with regulators and law enforcement
• Understanding of risk-based approach and financial services operations

Key Attributes:

• Detail-oriented with a proactive approach to identifying and mitigating risks
• Ability to work under pressure and meet tight deadlines
• Commitment to upholding the highest standards of ethical conduct and professionalism
• Strong problem-solving skills and a results-driven mindset

Competencies and Values Required Level

• Shows the drive to perform and be successful - 5
• Persistent in following up and through on issues - 5
• Upholds the legal, regulatory and ethical standard of the UBP Group - 5
• Good product knowledge - 5
• Knowledge of legal regulatory and industry requirements - 5
• Business Development - 3
• Communication - listening, written and verbal with clients - 5
• Influencing - 5
• Flexibility - 4
• Relationship Building - internal and external - 5
• Strategic & commercial awareness - 4
• Planning & organising - 5
• Ethics and values - 5
• Customer focus - 5

Explanation: 1: low level of competence / skill required, 2-3: average level of competence / skill required, 4-5: high level of competence skill required