Senior Funds & AML Services Take-On Administrator

  • Job Reference: 31738
  • Date Posted: 13 November 2024
  • Recruiter: Itchy Feet
  • Website: https://itchyfeetoffshore.com/
  • Location: Jersey
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent

Job Description

Our client is seeking a Senior Funds and AML Services Take-On Administrator to join their newly established global Fund and AML Services Take-On team. The role involves handling a variety of compliance and risk management tasks to meet regulatory obligations and support the firm's risk management objectives. You will play a key role in onboarding and assessing investor business types, ensuring compliance with anti-money laundering (AML) regulations and data protection standards across various jurisdictions. This position offers the opportunity to make a significant impact within a dynamic and expanding team. Click here to read more

 

Job Duties:

  • Onboard and risk assess investor business types, applying CDD exemptions where applicable
  • Collaborate with global client take-on teams to collect CDD seamlessly and support team training
  • Work with fund administration team members during the client and investor take-on and periodic review process
  • Ensure effective communication between the business, GCTOT, and other compliance services teams
  • Provide guidance on AML/CFT/CPF, ABC, reputational risk, and CDD matters, addressing internal inquiries
  • Escalate higher-risk business cases to the MLRO, CRCO, or relevant business team members as needed
  • Communicate CDD requirements clearly with clients and investors
  • Support enhancements to operational processes associated with client and investor CDD for new business
  • Comply with core controls and maintain accurate risk management records
  • Collaborate with compliance and risk management teams on CDD initiatives

 

Job Requirements:

  • Experience in a CDD/client take-on role within a regulated financial services business, particularly within fund services
  • Proficiency in handling client due diligence documents and data management systems
  • Knowledge of corporate, fiduciary, and fund services structures in Jersey, Guernsey, Cayman, and the UK; familiarity with Luxembourg fund administration is a plus
  • Understanding of AML regulations for fiduciary and fund services in key jurisdictions; knowledge of Luxembourg AML regulations is beneficial
  • Advanced IT skills, including proficiency in PowerPoint, Excel, Word, and Outlook, with the ability to learn multiple client administration systems
  • Ability to comprehend and implement complex procedures across various regulatory requirements and client systems
  • Strong organisational skills, capable of handling high volumes of information and presenting data coherently
  • Aptitude for improving team procedures and optimising the use of automated and manual controls
  • Pragmatic approach to risk management, balancing client service and stakeholder expectations
  • Excellent verbal and written communication skills

 

What You'll Love:

You will join a prestigious offshore law firm known for advising leading financial institutions, corporations, and high-net-worth clients. The firm fosters an inclusive workplace where everyone feels valued, respected, and empowered. You will have access to professional development opportunities in a collaborative environment that encourages a strong sense of purpose and team spirit. This is a chance to be part of an ambitious, forward-thinking firm that values its people as fundamental to its success.

Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by  clicking here