Country Head, FCC & MLCO

  • Job Reference: 6849
  • Date Posted: 12 May 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

Exciting role as Country Risk Framework Owner for Financial Crime Compliance Principal Risk Type and overseeing risk mitigating action plans; maintaining quality of case data on enterprise case management systems; understanding technical aspects of CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management; ensuring transaction monitoring detection scenarios fit-for-purpose; establishing and maintaining watch lists used for customer and transaction screening; recommending on possible risk management responses; assessing risk from products/customers/transactions; informing of serous regulatory breaches/risk tolerances breached; identifying intelligence for typology studies and risk mitigation; conducting root cause analysis on control/other failures; reviewing and analysing client base to identify high risk clients; providing intelligence inputs to support calibration of aggregate client risk, product risk and country risk assessments; analyse impact of financial crime related regulatory matters on operations; ensure key changes to regulations communicated; resolve competing requirements between regulations.
The ideal candidate will preferably hold recognised Compliance or AML qualification.  This role excludes regulatory responsibility to decision and externalise SARs which remains the statutory responsibility of the appointed MLRO. This is also separate and distinct from the Key Person MLCO role under the local regulatory regime.
Five years continuous residence in Jersey required.