Senior Supervisor, Relationship Managed Supervision - St. Helier, United Kingdom - Jersey Financial Services Commission

Jersey Financial Services Commission

Verified Company

St. Helier, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Position:

Division:
Supervision

The Supervision division's primary function is to oversee the financial services industry to ensure relevant legal obligations and regulatory requirements are met and to judge if they are being run in a safe and sound manner.

As part of this we continually assess whether existing or emerging risks, to which Jersey is exposed, are being effectively managed.

Team:
Relationship Manager Supervision - Banking

The Banking Supervision team work directly with entities, using a risk-based approach, to ensure risks are identified, mitigated, and managed through regular interactions with the Banking businesses it supervises.

The team assess regulatory risk for prudential, conduct and anti-money laundering, countering the finance of terrorism and proliferation financing, and engage with a portfolio of entities to understand the sector, and through working with colleagues, take appropriate steps and action as required.

Role:
Senior Supervisor,

Relationship Managed Supervision:
Permanent/Full time
› Execute the supervision of entities in line with the agreed risk-based approach, centered on risk mitigation, and in line with regulatory requirements.

› Effective utilisation of the risk model when identifying escalating levels of risk, with appropriate follow up action being demonstrated.

› Drive the JFSC's risk analysis of regulated sectors financial resources.

› Develop and deliver supervisory strategies for capital and liquidity risks identified.

› Delivery of activities is completed in line with agreed processes, SLA's and KPI's for quality,

› timeliness, and efficiency.

› Manage stakeholders in the JFSC and wider Jersey agencies, such as the JRA, and other regulators.

› Actively supporting Leadership with the ongoing performance management of team members to ensure a consistently high standard of output and contributing to the coaching and development of staff in the wider JFSC, to ensure the development of expertise within the organisation.

› Active involvement in identifying, recommending, and implementing continuous improvements to internal working practices and procedures.

You will add value to the organisation by:

Contributing to the JFSC's mission to maintain Jersey's position as a leading International Finance Centre with high regulatory standards supporting its role in combatting financial crime as part of the wider international effort.

Supporting the JFSC in expanding its understanding of existing and emerging risks. Supporting the wider team by deputising for Senior Managers as required.

What will success in this role look like?:
***› Delivery of effective and appropriate supervision of entities across all sectors to ensure the mitigation of prudential risks.

› Delivery of supervision effectiveness and facilitating business integrity.

› Delivery of a strong level of competency amongst the JFSC staff through sharing best practice and regular coaching of our regulatory responsibilities.

Requirements:

This role would suit an individual with strong judgement and analytical skills, in particular experience of technical aspects of regulation relating to capital and liquidity.

Proven communication skills, with the ability to conduct meetings with internal and external stakeholders.

An in-depth knowledge of relevant financial services and products and a well-developed understanding of the Jersey and International regulatory standards are desirable.

Motivation for continuous learning and development, a flexible approach, and an aptitude for managing people and the ability to work as part of a team are key requisites for the role.

Other information:

Working in the JFSC will enable you to join a team of people who have purpose, passion, and pride.

It offers the opportunity to work alongside people, who are passionate about maintaining Jersey's position as a leading International Finance Centre with high regulatory standards.

This clarity on our purpose is incredibly motivating and we leverage our core values of: Excellence, Professionalism, Respect, Integrity, and Teamwork to deliver our work.

Our people are proud of their work and their contribution to Jersey.

If you are looking to make a difference, have a unique working experience and contribute to a bigger picture, then think JFSC; a diverse team of people who put their hearts and minds into what they do and have some fun along the way