Associate, Innovation Hub - St. Helier, United Kingdom - Jersey Financial Services Commission

Tom O´Connor

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Tom O´Connor

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Description

Division:
Policy, Risk, and Communications

These teams align together to support both internal and external aspects of the JFSC. The
Policy team keeps domestic laws, regulations, and codes up to global standards.

The
Risk team has a dual focus covering the identification, measurement, and management of internal operational risk as well as external regulatory risk.

The
Communications team delivers internal and external communications designed to support the JFSC in meeting its mission.


Team:
Innovation Hub


The Innovation Hub (The Hub) is a dedicated team within the wider Policy team responsible for advising on the development of innovative practices within financial services and ensuring that Jersey's framework is fit for purpose amongst a landscape of evolving international standards and market developments.

The Hub works on technological developments in the financial services sector, bridging the gap between emerging fintech, innovation, and the JFSC.


The Innovation Hub is a facilitator of technology adoption both inside and outside of the JFSC, supporting the growth of Fintch, Regtech and Suptech.


Position:

***- Furthering the adoption of technology within financial services in a safe and compliant way.

  • Development or enhancement of the regulatory framework which supports the use of technology within financial services.
  • Championing the digitalisation of regulatory content which will have the ability to integrate with business' systems and controls in the future. Supporting the development of fully digital regulatory submissions.
  • Supporting industry with the early identification of new and emerging risks allowing flexible, efficient, and effective RegTech adoption.
  • Successful internal and external stakeholder management to overcome barriers to adoption. These barriers may include a lack of awareness or lack of clarity regarding policy or regulatory expectations.
  • Facilitating and monitoring the adoption of new technology as an integral element of RegTech; liaising between the JFSC and industry.
***
You will add value to the organisation by:
  • Engaging externally both within Jersey and beyond to promote the Island as a place where innovative businesses can thrive and feel supported.
  • Bringing your knowledge of emerging technologies to inform policy conversations both internally and externally.
  • Coordinating and managing outreach/engagement events with external stakeholders, these may include industry days, vendor demonstrations, technologyfocused workshops and roundtables.
  • Building professional relationships across different sectors through collaboration with internal and external stakeholders.
  • Championing proficiency and allowing for critical thinking within the parameters of regulatory framework.
  • Bringing fresh thinking about the use of technology and how it can be used as an enabler for regulation and compliance both within the JFSC and within the financial services industry more broadly.

What will success in this role look like?

Requirements:


Other information:

Working in the JFSC will enable you to join a team 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

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