Compliance Officer, Jerseynew

Job Description

NOTE: This role does not offer Relocation or Sponsorship. Applicants must be eligible to work in Jersey.

To enable the execution of Compliance Risk Management processes and activities within a specific business/functional area, to ensure that the area is undertaken in a compliant manner to avoid operational losses, fines, penalties or reputational damage to the organisation and enable the competitive advantage of the organisation.

Qualifications

Minimum Qualification: 

• First Degree in Audit
• First Degree in Business Commerce
• First Degree in Legal

Experience Required :

• 5 - 7 years experience in Compliance
• The role requires an expert in Compliance with a sound knowledge of the relevant regulatory requirements and upcoming developments applicable to a specific business area as well as a solid understading of banking products and activities

Key Outputs :

• Inform Business Line Heads, relevant CoE Heads, other Compliance Heads about regulatory inspections and act as a conduit for any significant information requests, comments and findings.
• Provide advice to management, employees and relevant committees, within a functional area, regarding the regulatory universe, relevant compliance frameworks underpinning their operations and any other regulatory developments, to ensure that the area can comfortably manage compliance risks and conduct business in a compliant manner.
• Review compliance frameworks, standards and procedures in the context of a functional area and advise on their customisation or amendment, where necessary.
• Fulfil the required regulatory role as prescribed by the relevant governing bodies.
• Customise and maintain generic risk management plans (RMPs) to ensure it is appropriate within the regulatory context of a specific functional area.

Additional Information

Behavioural Competencies:

• Articulating Information
• Following Procedures
• Documenting Facts
• Making Decisions
• Upholding Standards

Technical Competencies:

• Evaluation of Internal Controls
• Financial Acumen
• Financial Industry Regulatory Framework
• Legal Compliance
• Process Governance
• Risk Awareness

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