Associate Director, Mlro/mlco/co - Saint Helier, United Kingdom - Royal Bank of Canada

Royal Bank of Canada

Verified Company

Saint Helier, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Come Work with Us
At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title
Associate Director, MLRO/MLCO/CO (Jersey)

What is the opportunity?

To act as the Money Laundering Reporting Officer, Money Laundering Compliance Officer and Compliance for several entities within the Funds business.

The successful applicant will support the delivery and ongoing maintenance of the financial crime and regulatory compliance programs across the Jersey Funds business.

In addition, they will continue to enhance and manage the compliance monitoring plan while reporting the findings and key updates to the relevant Boards.

What will you do?

Support the ongoing operation of the Compliance model in Jersey, as it relates to the business and its administered Funds.

The core activities impacting on the employee in connection to the fund services business will include:

Acting as MLRO, MLCO and CO for the business and its administered Funds in Jersey
Investigating internal SARs submitted from the Business, including any escalation to the relevant Fund Board, as appropriate.
Responsibility for ensuring that appropriate business and customer risk assessments are in place and appropriate for the specific Fund
Developing or maintaining Compliance Monitoring Plans (CMPs) for each Fund
Acting as line manager to the resource responsible for the completion of CMP testing and ensuring that all testing is carried out in a timely and effective manner
Primary daytoday contact for the Business, including related project work and committee membership, as required.
Preparing board and management reports.
Oversight and support management of higher risk business activities and relationships (including PEPs) as well as specific AML/CFT issues and exposures.
Escalation of issues to senior management of the Business and functional Heads, as appropriate.
Managing responses to local regulator inquiries, surveys, questionnaires and lead preparation for onsite reviews or audits
Oversight of the maintenance, or development, of local procedures for the Funds as they relate to Financial Crime and Regulatory Compliance
Supporting the Senior Management team on ad hoc initiatives as required.
Keeping abreast of changes to regulatory and legislative rules and principles including attending lectures, seminars and training courses (where possible) and manage process for providing updates for Compliance, business and functional partners

What do you need to succeed?

Must-have

University degree and/or appropriate designations as compliance professional, professional designation in other appropriate areas such as law, risk management and/or audit.
A broad knowledge of the Jersey Financial Crime and Regulatory framework
Proven experience holding key person roles in the Financial Services industry, preferably in Jersey
Ability and willingness to accept accountability, demonstrate initiative, work with limited direct supervision and support effective cross unit cooperation information sharing etc
Creative/strategic/analytical thinker able to demonstrate sound analysis and judgement and prove sound, clear and practical advice to businesses
Strong Verbal and written skills; ability to generate concise reports

Nice-to-have

Hold a recognised relevant professional qualification
Have experience as a key person in the Funds industry

What is in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper.

We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

Leaders who support your development through coaching and managing opportunities
Opportunities to work with the best in the field
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and highperforming team
Flexible working options fully supported

Job Summary

Address:

Saint Helier, Jersey

City:

JEY-ST_HELIER-SAINT HELIER

Country:

Jersey

Work hours/week:

36.25

Employment Type:

Full time

Platform:

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Inclusion
and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth.

We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work.