Summary and Overview

• Head of Compliance
• Jersey
• Permanent 
• Full Time
• Competitive Salary & Benefits

You'll lead a team to monitor compliance with Jersey legislation, relating to money laundering, the financing of terrorism, the financing of proliferation and AML/CFT/CPF Codes of Practice issued under the Supervisory Bodies Law.

Your New Role

This list of duties is not exhaustive and may change from time to time according to business needs:

Compliance with the all relevant Jersey legislation (Financial Services and Anti-money laundering /Countering the Financing of Terrorism (CFT))

• The point of contact with the Jersey Financial Services Commission (JFSC)
• JFSC approved as a KEY PERSON to undertake the role
• Act as the appointed Compliance Officer for the Jersey business
• Act as the appointed MLCO for the Jersey business
• Act as the Deputy MLRO for the Jersey business
• Provide coaching and guidance to junior members of the team
• Implement and maintain internal controls, policies and procedures pertaining to the compliance function
• Maintain the compliance monitoring programme (‘CMP’) to ensure all relevant risks are reviewed and stay in line with regulatory requirements and developments
• Review all CMP reviews undertaken to ensure that they have been completed in line with procedures and identify any issues arising that may need urgent reporting to senior management
• Ad hoc training, coaching and guidance to employees
• As required, provide support to Group Risk Management with regard to the Jersey Risk Committee
• Attend Business Acceptance Committee meetings
• Liaise with external auditors for compliance related issues
• Submit annual regulatory licence renewal information
• Undertake specific compliance monitoring tasks where a higher level of understanding required
• Undertake annual appraisals and setting objective target for direct reports
• Prepare monthly compliance board reports and associated papers for circulation prior to board meetings 
• Attend board meetings to discuss/answer queries’ arising from the monthly compliance board report 
• Ensure all compliance related registers are kept up to date and issues raised are monitored, followed up/dealt with accordingly
• Perform such other duties as may be reasonably requested by the Managing Director of Equiom (Jersey) Limited and/or Group Compliance and Risk 

Project Work

• Participate in various projects including, providing strategic guidance, research, devising policies and procedures Management of Compliance Team 

Supervision and Motivation of Team 

• Workload allocation 
• Checking and approval of the team’s output 
• Objective setting and performance appraisal 
• Coaching and assisting with the development and training of the team 
• Ensure compliance with company standards, policies and procedures

What will you need to succeed in this role?

As to be expected, we are searching for someone who can bring a range of skills and experiences to enhance the team. As such, there are a few essential skills we are looking for:

• A number of years’ previous experience in a similar role
• Relevant industry qualification(s); at least one of the below
  • ICA AML Diploma 
  • ICA Compliance Diploma 
  • ICSA Diploma 
  • STEP

• A thorough understanding of Jersey Financial Services legislation, in particular the Financial Services Jersey Law, subordinate legislation, Codes of Practice for Trust Company Business Proceeds of Crime Law, the Money Laundering Order and the AML Handbook
• Approved as a Key Person as defined by Article 1 of the Financial Services (Jersey) Law 1998

Personal attributes which would be seen in the ideal applicant include;

• Assertive, approachable individual who can work under pressure adhering to deadlines
• Produce work in a timely fashion with quality and accuracy
• A motivated individual with a strong desire to deliver quality service
• Results focused with teambuilding and team working skills 
• Team focused leader

Equiom Group

For more than 45 years we have supported high net worth individuals and international corporations to nurture and fulfil their ambitions. We are a global professional services provider, working with private clients, corporate clients and funds to navigate the twists and turns to achieve their ambitions.

We are proactive and passionate. We provide exceptional service to develop deep and meaningful client relationships, providing an unrivalled breadth of bespoke end-to-end wealth protection and business support services.

We are a business which has expanded, allowing us to adapt quickly to change and invest in key areas to support our growth journey. We are looking for brilliant people to join our team to grow and develop with us.

What should you do now?

If you are interested in this role, please apply now. If you have read the above and are unsure about whether this is for you; maybe you can do most of the responsibilities, or you have some of the key skills, please get in touch for a confidential conversation about the role and we can discuss further.

Equal Opportunities

Equiom Group is committed to Diversity and Inclusion across our Global business. We welcome applicants from all interested parties, and any reference to qualifications or certifications should be read to be interchangeable with local or international qualifications and certifications. All applications will be reviewed solely on their merits. All recruitment and selection will be conducted in accordance with prevailing Employment and Equality legislation.