Senior Risk & Compliance Officer

  • Job Reference: 8348
  • Date Posted: 14 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

The successful candidate will perform a full range of risk and compliance tasks including assistance with provision of a compliance framework to all regulated entities, in order to support both the Head of Risk & Compliance and assist the business, operate in accordance with its legal and regulatory obligations, comply with the Codes of Practice; and meet industry best practice. Good technical legal and regulatory knowledge, along with solid Trust and Funds and working toward Governance, Risk and Compliance ICA Dip. Project Management skills desirable.
Key Responsibilities

Management of the Dominion Compliance Monitoring Plan:
Ensuring monitoring for both TCB and FSB related activities is conducted and completed in a timely manner;
Ensuring quality reports are presented (with all relevant supporting documentation) in final, to the Compliance Manager for review;
Identifying areas of improvement and ensure that Recommendations address the root
Management of the Compliance Monitoring Plan for Fund clients:
Ensuring monitoring for activities is conducted and completed in a timely manner;
Ensuring quality reports are presented (with all relevant supporting documentation) in final, to the Compliance Manager for review;
Identifying areas of improvement and ensure that Recommendations address the root
Train and develop the Assistant Risk & Compliance Officer, reviewing their work and enhancing their skills and capabilities.
Oversee maintenance of the Risk & Compliance Registers and ensure updates are reviewed and accurate.
Oversee daily Screening and Sanction Updates and ensure relevant results are either discounted and/or escalated in accordance with Policy.
Review New Business Reviews take-on documentation and ensure 1-month Reviews are conducted in at timely manner.
Ensure that Prospective Clients are made live on NAV efficiently and in timely manner.

Key Competencies / Skills / Experience / Behaviours Required

Risk & Compliance experience, minimum 3 years
Excellent verbal and written communication skills and able to communicate effectively at all levels
Ability to work without supervision and manage time and priorities appropriately
Efficient and well organised
Good understanding of both the Trust Company Codes of Practice, Funds Services Business Code of Practice and Certified
Funds Code of Practice.
Practical experience and understanding of the application of the Money Laundering (Jersey) Order 2008, Proceeds of Crime (Jersey) Law 1999, Terrorism (Jersey) Law 2002, AML CFT Handbook and other related legislation, standards and codes of practice