Senior Client Compliance Administrator - St Helier, United Kingdom - Apex Group

Apex Group
Apex Group
Verified Company
St Helier, United Kingdom

2 days ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description
Senior Client Compliance Administrator


Location:
St. Helier, Jersey


Date Posted:
May 15, 2023


Description

Senior Client Compliance Administrator

Role

Location:


St Helier, Jersey

  • Department: Compliance
  • Employment Type: PermanentThe Client Compliance function provides the compliance function including the nominated Compliance Officer, Money Laundering Compliance Officer and the Money Laundering Reporting Officer for the Managed Entities and Jersey Regulated funds to which Apex provides services

The Role & Key Responsibilities:


  • You will be required to assist the Head of Client Compliance with all aspects of the Client Compliance Function which provides services to Managed Entities and Jersey Regulated fund and a small number of Jersey Private Funds (JPFs). This role may include line management responsibility.

Key responsibilities can be summarised as follows:

General Compliance Monitoring:


  • Organise own workload to ensure that compliance monitoring reviews for the regulated client entities/JPFs are undertaken within the agreed timeframes;
  • Undertake Themed Compliance Reviews when required.
  • Maintain documentation to support all review queries raised and all reviews undertaken.
  • Document queries raised by compliance monitoring and add tasks to Console for resolution by the Administrator;
  • Liaise with the Administrator to ensure that queries are addressed within the required timeframes. This will include holding regular meetings with the Administrator to monitor progress.
  • Escalate any unresolved queries to the Head of Client Compliance.
  • Assist with the drafting of the Compliance Reports to the Boards of the regulated client entities.
  • Assist with the monitoring of internal policies and procedures to identify whether they are being consistently and effectively adhered to.
  • Assisting with the assessment and recommendation process in relation to internal systems and controls as well as policies and procedures to facilitate compliance with the regulatory framework.

AML Compliance Monitoring:


  • Assist with the monitoring of compliance of the relevant registered person's compliance with legislation in Jersey relating to money laundering and financing of terrorism and the AML / CFT Codes of Practice.
  • Assist with the monitoring and testing of compliance with systems and controls (including policies and procedures) in place to prevent and detect money laundering and financing of terrorism.
  • Assist with preparation of appropriate reporting to the board on compliance with the relevant persons systems and controls (including policies and procedures) and issues that need to be brought to the attention of the relevant Board.

Management Responsibilities:


  • Manage own workload as allocated by the Head of Client Compliance in order to ensure that the Client Compliance Function is effective;
  • Assist with the peer reviewing of the work of other team members where appropriate
  • Contribute to the development of more junior members of the Client Compliance Team.

Other Responsibilities:


  • Maintain appropriate independence, in particular from customerfacing, business development and system and control development roles.
  • Ensure that the required level of CPD is undertaken each year.
  • Assist with other duties to support the Head of Client Compliance as may be necessary from time to time such as the submission of audited accounts to the JFSC via the relevant portal and the review of unaudited accounts prior to their submission to the JFSC.
  • Manage the FSB and CIF annual fee process for the regulated client entities
  • Monitor that the Administrator adheres to the Regulatory Mapping document in relation to the timing of board meetings that require compliance reports.
  • Ensure that Client Compliance central registers are maintained and are up to date.
  • Liaise with the Administrator on daytoday regulatory matters and assist with queries regarding relevant laws, orders, or codes of practice as required.
  • Assist with enquiries from auditors or other service providers as required.
  • Assist with adhoc compliance matters including but not limited to regulatory matters as they arise.
  • Assisting with the Jersey Compliance Committee report preparation
  • Creating and updating Client Compliance Internal Processes and tests
  • Creating and updating internal Templates relevant to Client Compliance
***
Skills Required:You will have experience in the finance sector and / or regulatory or compliance experience.

You'll have a good understanding of Jersey's AML/CFT Framework and experience with performing Compliance / AML/CFT roles within a regulated financial services business and will have:

- sufficient experience and skills which includes, holding an appropriate (as determine by the registered person) compliance or other professional qualification or be studying towards such a qualification;
- knowledge of the Financial Services (Jersey) Law 1998, any order
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