Employment Opportunity

Operational Compliance Associate Director

The Company

Albany Trustee has been operating in Guernsey and internationally for over five decades and enjoys

an international reputation as a leading independent and owner managed provider of high-quality

fiduciary and corporate services to predominantly HNW/UHNW multi-jurisdictional private clients.

Albany has approximately 75 client/family groups, over 250 entities and more than £2 billion assets

across a wide range of asset classes under administration.

We are a team of approximately 45 people with a collegiate atmosphere, dynamic executive

management team overseen by an experienced Board, including a former global Chairman of STEP.

We have a strong commitment to independence, client service and building long lasting relationships

with clients, colleagues, and advisers alike.

The Opportunity

Owing to significant organic growth, we are seeking to recruit an Operational Compliance Associate

Director. This important and integral role will lead the Operational Compliance Team and work closely with the Board, Head of Risk, Money Laundering Compliance Officer and Money Laundering

Reporting Officer on Group operational and regulatory compliance.

This is a permanent full-time position.

The Candidate

The role will suit an experienced practitioner within the fiduciary sector with a strong corporate

governance, risk management and compliance background. Legal, compliance and/or ICSA

qualifications would be preferable. We are looking for someone with:

• up to date and extensive knowledge of relevant laws, regulations, and industry best practice,

with a demonstrated ability to interpret and apply them effectively, in particular the GFSC Handbook;

• proven experience in a senior risk management and compliance role, including drafting,

maintaining and implementing policies, procedures and controls;

• extensive understanding of trust and offshore structures;

• the ability to identify particular business, legal, financial, taxation and regulatory risks;

• sound analytical skills;

• strong organizational skills, working in a proactive, methodical and intelligent manner;

• leadership experience with effective and concise communication skills; and

• proficient use of IT, especially Word and Excel.

The role will ideally suit someone who is dynamic, has attention to detail and a positive team player.

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Duties, Responsibilities and Tasks

The role will be subject always to the overriding supervision of the Directors and will primarily

include:

• maintaining, reviewing and developing the Group’s compliance policies, procedures and controls, especially with regard to CDD, ECDD and Enhanced Measures, to ensure they

remain adequate and effective and drafting/implementing new policies, procedures and controls as and when required in order to ensure compliance with applicable regulatory laws,

rules, codes and guidance;

• co-ordination and oversight of periodic CDD reviews;

• taking responsibility for the maintenance and accuracy of the Group’s logs and registers

related to the role and developing the same as the need arises showing particular regard to

those required pursuant to applicable regulatory and legal obligations; 


• monitoring data completeness, accuracy and integrity and generating relevant management

information and associated reporting;

• supervise, mentor and support the Operational Compliance Team and provide training and

advice as required and ensuring the 4-eyes principle is appropriately and effectively applied

within the team;

• contributing to the onboarding process as required and consideration and review of new

business proposals with attendance at Albany Business Committee meetings;

• attending, contributing and reporting to Operations and Compliance Committee meetings; and

• providing appropriate and effective management information to the Board or Committees thereof as required from time to time.

The role will, amongst other things, also include:

• helping ensure adherence to internal procedures and the delivery of high-quality

administration services in a manner compliant with statutory and regulatory requirements and best practice, investigating any matters of concern or non-compliance identified in the

CMP testing and overseeing completion of actions arising;

• assisting the MLCO/Directors with the Group’s response to regulatory enquiries and industry consultations and regulatory reporting;

• assisting with bank introducer testing;

• assisting with/procuring the delivery of appropriate in-house training seminars for AML,

governance, legislation updates, product updates and system changes;


• contributing to meetings of the Group’s Corporate Governance Committee and assisting with quarterly reporting to the Board as required;

• assisting with quarterly MLCO/CO reporting to the Board and attending relevant parts of periodic Board meetings;

• helping to develop and enhance Albany’s compliance culture (and general positive

environment);

• assistance with ad-hoc projects, such as adoption of new document management system and

migration of current procedures to workflows therein; and

• providing such assistance as may be required from time to time by the Directors, MLCO/CO and MLRO to ensure the highest standards of Group corporate governance, risk management

and compliance.

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Application Process

Please apply by email including full c.v. to Helena Leslie, Human Resources Manager

h.leslie@albanytrustee.com

All applications will be treated in the confidence.

Diversity and Inclusion Statement

We welcome enquiries from disabled people and value diversity in our workplace.

We will make reasonable adjustments to our application process for candidates who indicate that,

owing to a disability, our arrangements might leave them disadvantaged. If you have a disability which you believe may affect your performance, we will be happy to make reasonable adjustments for you.