Compliance Assistant

  • Job Reference: 8333
  • Date Posted: 10 November 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

In this role, the successful candidate will undertake the following responsibilities:

Provide general regulatory guidance and advisory services to internal business areas, including Wealth Managers and Client On-Boarding.
Support with client reviews and risk assessments during the on-boarding and ongoing monitoring of clients.
Support with undertaking enhanced due diligence reviews.
Support projects ensuring compliance with regulatory and legislative requirements.
Respond to ad-hoc queries and new business initiatives.
Help to identify general regulatory and compliance risk issues including the review and assessment of JFSC regulatory updates/changes in legislation.
Ad hoc duties related to development of processes within the team, or the wider business which require compliance input, and any other specialist tasks.
Assist with the development and implementation of Compliance and AML procedures.

The basic requirements for this role are:

Good understanding of Wealth Management/Private Banking business gained through 2 years plus of experience in a similar role. 
A good level of understanding in the various types of corporate structures and international wealth planning practices.
Demonstrable knowledge of the various investment offerings and product types.
Good knowledge and practical experience of Financial Crime legislation and MLO guidance is essential.
An understanding of the JFSC Business Codes for Investment Business.
Industry or professional Compliance qualification desirable.