Assistant Manager Funds Compliance

  • Job Reference: 8042
  • Date Posted: 12 September 2022
  • Website: https://www.thomasdessain.com/
  • Location: Jersey
  • Salary: On Application
  • Sector: Compliance/Risk/Internal Audit
  • Job Type: Permanent
  • Work Hours: Full Time

Job Description

Your position will be a Manager within a Client Compliance team supporting a growing Private Equity Funds department. This will include both Key Person responsibility on client entities and responsibility for the oversight of client compliance monitoring and client due diligence processes.
Responsibilities•    Act as the MLRO, MLCO and Compliance Officer for our Funds service line clients•    Ensure compliance with financial services laws and regulations, codes of practice and other regulatory guidance notes •    Collaborate with the Risk and Compliance Director to devise and implement a robust compliance framework, monitor and report on its effectiveness•    Deliver the approved funds compliance monitoring program•    Provide guidance to team members on AML / CFT regulations and support the collation and review of new and existing client CDD/EDD•    Provide technical advice and guidance to the administration teams on Jersey TCB, FSB and other relevant regulations •    Provide technical training to the administration teams•    Pro-actively maintain an up to date awareness of local legal and regulatory issues / changes and make recommendations for changes and updates to internal procedures as appropriate
Client Care•    Be approachable when providing assistance to administration teams on Regulatory Compliance and AML/CFT matters.  Where appropriate escalate to Intertrust Jersey's Compliance Officer•    Support relevant client boards in the maintenance of risk assessments by preparing and presenting the quarterly compliance reports and regulatory updates
People & Team•    Collaborate with and support the Risk and Compliance Director with the Compliance team’s Business planning and in the maintenance of the Business Risk Assessments•    Assist with management of the Compliance (Funds) team in achieving the team’s objectives•    Promote Compliance objectives across Intertrust•    Take care of and establish good relationships with all team and clients•    Drive personal development using all the resources available at Intertrust to achieve success
Financials•    Accurately record all time spent dealing with client matters to ensure the client’s are correctly invoiced
Skills & Expertise•    Comprehensive knowledge of Jersey’s regulatory regime and an understanding of the risk and process implications for the business•    Proven excellent interpersonal and people management skills•    Good understanding of the range of fiduciary products offered in the Funds service line•    Demonstrated effective communicator and relationship management skills•    Experience working within a compliance function•    Good time management and ability to work under pressure•    Must be committed and driven to achieving excellence for themselves and their client•    Holding, working towards or willing to work towards, a relevant compliance-related qualification•    Preference for holding or having a held a key person role as defined by the Jersey Financial Services Commission