May 2023

Date: May 2023

Company: Cannon Asset Management Limited

Role: Compliance Manager

Reports to: Head of Compliance

Type: Permanent (35-hour week)

Job Description:

Compliance Manager (Fiduciary & Funds)

The primary objective of the successful candidate will be to ensure that Cannon Asset Management Limited’s (”CAML”) Fiduciary & Fund Administration business continues to have effective Compliance and AML/CFT framework place. This will allow the successful candidate to provide appropriate assurances and information to the Head of Compliance therefore enabling CAML to fulfil its Compliance and AML/CFT responsibilities. The vacancy is for a full-time employee with well-developed English Language and Numeracy skills. A knowledge of Fiduciary and Fund Compliance would be a definite asset. A working knowledge of the GFSC Handbook and a qualification or experience in Anti Money Laundering/Terrorist Financing is a requirement to allow the review and the approval of any regulatory changes considered to be necessary. Additionally, the successful applicant must have a reasonable understanding of the relevant Laws, including, but not restricted to, knowledge of various GFSC and other authoritative bodies in relation to a risk-based approach to regulation. As the Compliance Manager, you will be responsible for the compliance team of three individuals and will report to the Head of Compliance in the first instance and act as the Board’s contact in his absence. This is a varied role with in the compliance team, people skills are a necessity as guidance to the compliance team in respect of fund and trust knowledge will be a big part in the day-to-day role. A route of succession is available to the right candidate.

Responsibilities will include:

• Understanding the Guernsey regulatory requirements for the corporate licences held for a variety of

Fiduciary companies, Fund Administration companies and Funds administered under the Fiduciary laws

and Codes, Protection of Investors Laws and relevant Legislation.

• Understanding the compliance procedures and company policies necessary to ensure the Compliance

team can fulfil the day-to-day functions. Ensuring the Compliance team are operating in accordance

with the departments procedures and processes to fulfil the requirements set out by the Board of

Directors and the Group.

• To provide advice to staff and management on matters involving regulations and procedures, policies

and general understanding of compliance orientated matters.

• To have an understanding of how the administrative functions of the Fiduciary and Fund Administration

departments work and the systems used.

• Reviewing the updated various compliance registers and logs to ensure they have been updated

correctly by the compliance team.

May 2023

• Undertake/organise Thematic reviews as directed by the Head of Compliance.

• First sign off on Compliance Monitoring programmes ensuring that where there are outstanding or

potential breaches, these are followed up by compliance staff and duly acknowledged by senior

management.

• Complete first draft of Compliance reports to boards.

• Complete the first draft of the AML/CFT Board reports.

• Review and in some instances first draft of necessary GFSC notifications, as required by the rules, are

duly completed through the portal as required. This will involve annual returns, quarterly statistical

returns, thematic returns and inputting necessary information from annual accounts, etc.

• To assist in the AML/CFT training provided to all relevant staff.

• Other duties as allocated by the Head of Compliance allocates.

We are looking for a candidate who:

• Must have a background of working in funds at a middle to senior role

• Works well within a team as well as independently

• Strong leadership skills and able to develop team members

• Strong Managerial skills and ability to prioritise work

• Can communicate effectively with colleagues and service providers

• Excellent attention to detail

• Has strong numeracy and written skills

• Knowledge and Experience of Fund Administration and Fund Compliance regimes

• Knowledge and Experience of Fiduciary and Company Administration

• Knowledge and Experience of AML/CFT regimes and their maintenance and reporting requirements

• Knowledge and experience with Excel and Word

Benefits

Salary: competitive, depending on knowledge and experience

Hours: 09:00 to 17:00 with 1 hour for lunch

Holiday: 25 days per annum, with incremental increases to 30 days after 10 years’ service

Pension: 8.5%

Medical: AXA PPP

Other benefits: Annual Discretionary Bonus

Please contact Rachael Saul or Jude Harris at recruitment@stenhamci.com or on 716387

JOB DESCRIPTION

Client Reporting

Trust Accountant

Reporting Line Matthew Solway

Title Executive / Associate

Place of work Guernsey

RESPONSIBILITIES

– Prepare financial statements of trust and fiduciary structures in accordance with the

appropriate accounting standards or relevant regulatory requirements, with guidance

from Senior Trust Accountants.

– Perform periodic reconciliation of internal accounting records to portfolio statements from

financial institutions.

– Involvement with and management of automated data feeds from third-party custodians.

– Support on quarterly and annual investment monitoring processes.

– Coordinate with internal teams and liaise with external client stakeholders (advisors,

bankers, lawyers, consultants) in close coordination with Client Services.

– Participation in various Client Reporting and Investment Monitoring improvement projects

and initiatives implementations (automation, system development, standardisation).

REQUIREMENTS

– Qualified accountant (e.g. ACA, ACCA), or part-qualified accountant with relevant

experience.

– Strong IT skills with good working knowledge of Excel and Word.

– Excellent interpersonal and written communication with ability to engage with others

across all levels of seniority and to work in a multi-cultural environment.

– A team player with a can-do attitude, who is client-, service- and solution-oriented.

Job description Job Title: Assistant Compliance Officer Reporting to: Head of Compliance Department: Compliance Location: Guernsey

Company Overview Built on a culture of responsiveness and innovation, The International Stock Exchange (TISE) is one of Europe’s leading stock exchanges for international bond listings. Headquartered in Guernsey, and with staff operating across Dublin, Guernsey, the Isle of Man, Jersey and London, our regulated market is uniquely positioned within the European time zone but outside both the UK and the EU. As well as being a major European professional bond market, we have a pool of ‘domestic’ equities and a significant share of the market for listed UK Real Estate Investment Trusts (REITs), while also hosting a comprehensive sustainable market segment, TISE Sustainable. Issuers choose us because the products are provided through an efficient and cost-effective service from a venue which is internationally recognised and operates to global standards. The International Stock Exchange Group Limited is the TISE-listed group parent company that provides strategic direction and support services, such as finance, HR, IT and marketing & communications, to its subsidiary The International Stock Exchange Authority Limited, which operates the market. There are more than 3,800 listed securities on our Official List with a total market value of more than £600 billion.

Role Profile

We are seeking to recruit an Assistant Compliance Officer within the Compliance department based in our Guernsey office. Reporting to the Head of Compliance, the Assistant Compliance Officer will ensure the department successfully fulfils its remit through active testing as part of the Compliance Monitoring Programme (“CMP”) and providing relevant advice and training to other business functions, which must all be delivered in line with the Compliance Framework and Manual. In anticipation of further growth and

future planned expansion, this is an exciting opportunity to work in capital markets for a locally-based company with truly international ambitions.

Duties and Responsibilities • The timely completion of CMP testing, in accordance with the agreed compliance workplan;

• Ensuring that CMP test samples and findings are accurately recorded and any issues are escalated

to the respective manager for timely resolution;

• Proactively contribute to the continuous improvement of the CMP tests to ensure they remain

appropriate and effective;

• Investigate irregularities and any potential non-compliance issues;

• The preparation and presentation of Enhanced Due Diligence reports where these have been

identified as being required;

• Keep abreast of regulatory developments within or outside of the company as well as ensuring

best practices are applied in compliance controls;

• Educate staff, not only in their responsibilities regarding compliance, but also the impact on TISE,

and potentially themselves, if these aren’t fulfilled;

• Contribute to the development and maintenance of robust and effective policies, procedures

and controls across the Group;

• Provide guidance, advice and/or training and educational programs to continually improve the

Group’s understanding of the relevant laws and regulatory requirements;

• Provide support to the Data Protection Officer in ensuring that TISE complies with the relevant

external requirements and internal policies and procedures;

• Ownership for the collation and delivery of all regulatory submissions;

• Maintaining all applicable registers e.g. complaints, declined business, conflicts of interest;

• Assisting with ad-hoc projects as requested by the Head of Compliance;

• Attend relevant professional development and training as required.

Key Competencies • Ability to work under pressure and meet deadlines on own initiative;

• Methodical and organised;

• Excellent communication skills;

• Self-motivated with the ability to work independently as well as in a team with minimal

supervision;

• Critical problem-solving ability. You'll often have to make judgements and decisions on the

information available, which is not always complete or clear;

• An ability to analyse and interpret information quickly;

• Natural curiosity and a questioning mind-set; and

• Demonstrable alignment with company values.

JOB DESCRIPTION

Client Services Associate / Assistant Director

Reporting Line Client Services Director

Title Associate / Assistant Director

Place of work Guernsey

Deputy Peer Client Services Team Member / Client Services Director

SEQUENT (GUERNSEY) LIMITED

Established in Guernsey in November 1970, Sequent (Guernsey) Limited (formerly Rothschild Guernsey

Limited) specialises in cross border and multi-jurisdictional trust and estate planning, providing guidance on

legitimate taxation planning solutions for international clients.

International trusts, companies and other fiduciary structures have long been used by private individuals to

protect assets and to control how they are passed on to future generations in a way which is flexible and tax

efficient.

Trust administration for wealthy families has become a highly sophisticated and responsible business

requiring multi-talented administrators who are familiar with all aspects of 21st century finance including

independent wealth management, global banking, international tax planning strategies, financial trading and

current e-commerce opportunities.

Whilst many institutional trustees will accept only certain types of assets (typically financial assets), Sequent

has expertise in the establishment and management of structures to hold a wide range of assets including

family owned businesses, real estate, yachts and art collections.

As an independent group, we are free to work with our clients' existing advisers and managers.

Sequent (Guernsey) Limited is part of the Sequent group of companies (the Group). With approximately

150 people across the Group our wider teams operate in Europe, the US and the Far East.

OVERVIEW OF ROLE

To lead a team of trust administrators (at various levels of experience) in conjunction with the Client Services

Director in order to competently manage the full administration provision of a portfolio of international trusts

and corporate entitles across the full fiduciary spectrum.

– Managing client relationships, team members, and risks related to non-routine transactions with

the support of administrative experts or Wealth Planners/Senior Management. This involves taking

overall responsibility for a mandate and the coordination of the Client Services Team.

– The focus in Client Development is the creation of new business opportunities from existing clients,

their relatives and advisors, and be involved in training/service quality and best practice initiatives

etc. across several teams in coordination with other locations and Wealth Planning.

– Deputising for senior management as appropriate

– Travel as required to attend client and intermediary meetings both locally and globally

KEY RESPONSIBILITIES

– Administration of personal trusts and companies.

– Liaison and daily communication with settlors, beneficiaries and all related

intermediaries.

– Handling a wide variety of administrative tasks pro-actively, efficiently and to the highest

service levels.

– Take the lead on a caseload of high net worth business, and act as a role model and

mentor for the junior members of the team, assisting with their caseloads.

REQUIREMENTS

– Relevant fiduciary background

– Relevant qualifications from STEP or Governance Institute

– Excellent understanding of key success factors in administrating complex trust and fiduciary

structures

– Client Development: some marketing experience is helpful, but the main focus is on networking

skills, and an ability and willingness to convince and present ideas

– Advanced technical skills with respect to understanding client structures and interpreting and

applying legal, tax, or investment advice

– Good communication and interpersonal skills, ability to motivate others and lead by example

– Good level of personal involvement, sense of responsibility and excellent work ethics

– Strong organisational skills, showing capacity to handle stress

– Entrepreneurial spirit, taking ownership, focus on excellence of service

– Shows good coaching skills, is capable of regularly achieving good results within the team

– Has the ability and the willingness to build up a successful network of internal and external

business partners

– Good sense for spotting and developing business opportunities, is willing to travel

– Strong commercial approach and understanding of risk factors

KEY PERFORMANCE INDICATORS

– Level of profitability of area of responsibility and personal contribution

– Client retention & capacity to create new business opportunity from existing clients

– Ability to develop and maintain new and relevant business contacts/channels

– Ability to address and manage relevant risk indicators in area of responsibility

Job Description Saffery Champness Name:

Job Title:

Senior Trust Officer

Department:

Trust

Primary Report Line:

PAD Framework:

Professional

Board Report Line:

Job Purpose

This job involves working as a senior member of the team, responsible for the day to day administration and supervision of a defined portfolio of clients in an efficient, accurate and timely manner. Supporting the Manager/Assistant Manager, you will organise daily workloads and where appropriate, the workload of junior staff to ensure an efficient and effective service to clients. You will help to maintain a good team spirit and staff morale by providing support and guidance to junior staff, assisting in their development. You will display confidence when dealing with clients, having developed excellent communication skills, with Directors, team members, other colleagues and professionals alike and advanced technical knowledge of Trust. You will ensure that you maintain confidentiality of information at all times. Corporate & Professional Responsibilities

• To promote and support the aims and image of the firm. • To develop and maintain effective working relationship with all colleagues. • To co-operate with colleagues to promote an open and supportive environment. • To carry out duties in a careful and professional manner, acting in a way that supports and upholds the reputation of

the business. • Be a role model for maintaining the highest standards of ethical conduct. • Establish and develop working relationships based on confidence, trust and respect, exhibiting professional and

personal integrity at all times. Job Responsibilities/Accountabilities

Objectives • To respond promptly to all client communications in an accurate, consistent and professional manner • To provide consistent high quality service to clients • To ensure that work activity is completed to the standards, guidelines and deadlines required. • To be pro-active in building rapport with clients to establish an understanding of their future needs. • To have an understanding of the consequences associated with missing deadlines

To review all work (and clears review points) before handover to the line manager so that the number of manager/senior manager review points is minimal.

• To prioritise own work activities and others by scheduling work, allocating responsibilities, tasks and resource appropriately.

• To seek feedback from others regarding own performance. • Attend agreed relevant courses to improve technical knowledge and assist in providing coaching for trainees when

applicable. • Provides feedback to trainees in a constructive way that ensures understanding of errors made and how to improve

on performance. • To keep the manager/assistant manager up to date with progress on work and ensure colleagues are aware of

pending items prior to annual leave. • To assist other colleagues within the team or others when they are in need of support and share existing knowledge

and skills for the benefit of the team. • To ensure that all communication, written, telephone, email and face to face is courteous, polite and accurate. • To display good communication skills with clients, colleagues, professionals, Directors and other team members

ensuring that the Manager is kept informed of any important developments relating to clients and staff. • To remain positive when faced with setbacks. • To coach new trainees in their work, providing a connection between studies and workplace learning.

Administrative/Supervisory • Ensure that all office and departmental procedures are adhered to. • The day to day organisation and administration of a defined portfolio of clients, delegating tasks where appropriate

and necessary to junior staff to help ensure that the team remains well motivated and that work is carried out in an efficient and effective manner.

• Demonstrate sound knowledge of client affairs for a defined portfolio, ensuring statutory obligations and client instructions are fulfilled as directed by the Manager.

• Ensure that all necessary statutory records are set up and maintained for a defined portfolio of clients, utilising the assistance of junior staff as appropriate and provide instruction and guidance when required.

• Have a good working knowledge of the computer system and ensure that all necessary client information is contained in the database and up dated as requested.

• Ensure that day to day bookkeeping is accurate and up to date and assist in the production of accounts for a defined portfolio of clients. With training and experience develop the necessary skills to review accounts

Job Description Saffery Champness

• Any other relevant duties as requested by your Manager/Director. • To adhere to compliance procedures and ensure that all documentation regarding client review is provided to client

reviewers in a timely manner. • Review daily work including diary notes and where appropriate also the work of junior staff. • Review workload with the Manager to ensure that backlogs do not occur and that financial targets and time utilisation

is in accordance with set objectives. • Be fully conversant with office policy pertaining to signing powers, prior to reviewing and signing any correspondence

in the capacity as a ‘C’ signatory and bring any problems or anomalies to the attention of the Manager at the earliest opportunity.

Key Attributes

Knowledge • High level of knowledge and experience in a trust officer role • Knowledge of tax • Excellent working knowledge of Saffery Champness philosophy and culture and awareness of business objectives

and strategies • CGI (formerly known as ICSA) or STEP Diploma Qualification or relevant number of years’ experience in a trust

officer role.

Skills • Good communication skills and ability to develop effective relationships at all levels • Effective organisational and planning skills • Accuracy and attention to detail • Proficient in all relevant IT programmes

Attitudes • Dedicated and highly professional approach with total commitment to best practice with a pro-active approach • Ability to work independently, use initiative and to prioritise work • Ability to work in a timely manner, and to meet deadlines when under pressure • Supporting approach regarding management decisions

Scope

• Approval authority - N/A

Regulatory Requirements

• Demonstrate full compliance with all legal requirements and all relevant Saffery Champness policies • Demonstrate full adherence to all GFSC regulatory and Data Protection requirements

Possible next career steps include (if applicable)

Assistant Manager

• No direct reports