Senior Associate - Risk, Regulation and Fintech – Guernsey / Jersey

Job Summary

The Risk & Regulation / FinTech team forms the largest and most prominent part of our Advisory business with the broadest range of projects and client diversity across a variety of industry sectors but primarily focused on financial services. Our subject matter experts are engaged by clients locally, globally and across the wider PwC network, regularly working with PwC counterparts around the world.

The team is led by a UK & CI Partner, augmented with experienced Directors and a strong management team with excellent possibilities to progress given our continued and exciting growth.

The team provides advice and assistance based on deep financial, analytical and business process skills to help our clients improve the way they operate, innovate and grow, reduce costs, manage risks, leverage talent and change the way they do business.

We work closely with client staff at global organisations across all levels. We bring our insight, experience and thought leadership to large, complex projects in core focus areas including:

• Implementing cutting-edge global financial technology solutions
• Navigating local and international risk, governance and regulatory change
• Assisting with buy-side and sell-side Transactional Services (Reg Due Diligence)
• Managing multi-million pound financial services remediation programmes
• Leading global anti-financial crime consulting and managed services
• Empowering local businesses to overcome transformational challenges
• Operating model design, optimisation and implementation

We are looking for ambitious and experienced professionals to join our team as we continue to grow our business. Whether you can manage challenging and complex technology implementation projects, provide critical advice around complex subject matter or assist our clients in delivering and implementing business transformation, we are looking for you.

Responsibilities:

You will work closely with senior personnel internally and crucially externally, be involved in a variety of engagements, interacting with clients and building business relationships across the region. Being part of a smaller, agile department, you will also have excellent opportunities to be involved in strategic initiatives, have input into the management of the business and contribute directly to the running of the practice.

Responsibilities include:

• Working with a range of clients where you will deliver a tailored service to meet their requirements
• Completing a diverse range of assignments as part of teams, working collaboratively within them
• Supporting the development of client project deliverables and creation of proposal documents
• Building relationships both internally within the PwC network and externally with senior client management teams on ongoing engagements
• Supporting the leadership and management teams with the Advisory growth agenda
• Ongoing development of in-depth industry experience and process expertise
• Continuously remain abreast of any new regulations published in Jersey and/or Guernsey
• Utilising your proven track record and experience to assist clients in improving their business performance so they are able to respond quickly and effectively to situations, and extracting value from transactions
• Development of client project deliverables and creation of proposal documents
• Coaching and supporting the development of junior team members

Direct Reports
This role reports to:

• Partners, Directors, Senior Managers, Managers

Reporting to this role:

• Associates

Qualifications & Certifications
No specific qualifications or certifications are needed for this role however it will be advantageous to hold a qualification such as those listed below or an equivalent

• University degree (Upper Second Class or higher)
• ACA / ACCA (or equivalent)
• Compliance, Governance or Risk related qualifications e.g. CISI, ICA, ACAMS or equivalent
• Other industry recognised qualifications e.g. PRINCE2, Agile, Lean Six Sigma, CFA, or equivalent

Skills & Experience Required
As a credible candidate you will have developed core skills in your associated discipline and be able to demonstrate prior experience in financial services. You will also be digitally literate and / or are passionate about learning new digital skills to support our practice.

Essential skills

• A minimum of 3 years’ experience working within financial services
• Existing knowledge of financial services regulatory frameworks
• Strong communication and stakeholder management skills
• Technologically minded, and/or a willingness to learn new skills
• Ability to lead self, with a problem-solving mentality
• Ability to accurately prepare and review reports on technical subject matter
• Comfortable in providing support to less experienced members of the team
• Delivering projects to tight deadlines and managing multiple stakeholders
• Proficiency in Microsoft Office Suite (Excel, Word, Powerpoint, etc)

Desirable skills

• Experience with various organisational risk, fincrime, compliance and governance regimes
• An interest in technology and process automation with a particular focus on core industry technologies adopted within the financial services sector e.g. CLM workflows, screening and data providers, transaction monitoring providers, etc.
• Familiarity with industry agnostic tools such as PowerApps, Salesforce and Alteryx.
• Data analytics and visualisation experience (e.g. Power BI/Tableau)
• A detailed knowledge of Anti-Financial Crime regulations in one or more relevant markets
• Prior experience of working as a consultant
• Experience of business development such as proposal writing

Travel Requirements
Travel may be required to visit client sites as part of day-to-day project delivery and some travel is required between the islands and the UK as you will be part of a x-island team. However, for those candidates who actively want to travel with work, we have a number of projects that require extensive travel which you can request to be part of if you wish.

Compliance Monitoring & Assurance Officer - Guernsey

As a Compliance Monitoring and Assurance Officer you’ll be supporting and assisting with the creation of internal operational procedures and policies, as well as providing incident management to internal departments by assisting 3rd party service providers with the investigation and resolution of software technical covering. This will help us excel at identifying project requirements and assisting with key compliance deliverables to stay ahead of the game.

Why we need you *

We’re on a mission to create extraordinary experiences for our customers, and we believe that your unique skills, passion and superdrive will help us achieve our vision.

What you’ll be doing

As part of your role, your responsibilities will include:

• As part of your role, your responsibilities will include:
• Reviewing and analysing information received from various stakeholders and make appropriate recommendations.
• In-depth analysis of data to assist with technical resolution.
• Developing strong relationships across stakeholder groups, manage requests and ensure key deliverables are executed effectively and efficiently.
• Assisting with the internal audit of the business to ensure that the KYC, AML processes and procedures are being followed.
• Assisting with successful implementation of new and revised processes and/or regulatory requirements Compliance procedures.
• Assist with review and compilation of training material, such as AML, Data Protection and ERM.
• Review compliance of policies and procedures with regulatory requirement.
• Ensure adequate training is available to cover all procedures required for compliance. Act as Compliance consultant for training department and sign off on training material.
• Review training attendance registers for service providers to ensure SLA’s are followed.
• Where necessary, conduct training.
• Assist with drafting of procedure documentation.

This job description is not intended to be an exhaustive list of responsibilities. You may be required to complete other reasonable duties in order to achieve business objectives.

Essential skills you’ll bring to the table *

The necessary skills that we require for this role include:

• Strong verbal and written communication skills, with the ability to convey complex ideas clearly and effectively
• Experience working collaboratively in cross-functional teams, with a focus on achieving shared goals
• Expertise in managing multiple projects simultaneously, with a track record of delivering on time and within scope
• Exceptional attention to detail, ensuring high standards of quality in all outputs
• Ability to adapt quickly to changing environments and priorities, maintaining effectiveness in dynamic situations
• Experience in data analysis and efficiently identify & mitigate risk to business
• Ability to quickly process information in order to appropriately determine whether regulatory or business objectives have been met
• Ability to manage key stakeholders at all levels, both internally and externally
• Basic MS Word and Excel
• Demonstrated capability to accurately identify and engage with control owners and reviewers in adherence to regulatory requirements
• 12 months of proven experience in an AML, risk management, or compliance role.
• Proficiency in conducting assurance activities and evaluating the effectiveness of policies, processes, and procedures.

Desirable skills you’ve got up your sleeve *

It would be great if you also have some of the following skills:

• In-depth knowledge of sports betting markets, including odds calculation, betting types and market trends
• Previous experience in the online gaming or casino industry, with a strong understanding of player behaviour and industry regulations
• Familiarity with gambling regulations and compliance requirements in various jurisdictions, ensuring adherence to legal standards
• Experience in developing and executing customer retention strategies
• Degree educated in a related discipline
• Experience of working in Legal, Compliance, research
• Experience or knowledge of the online gambling industry
• Experience working on a ERM system.

Manager. Operations & Business Support - Guernsey

To ensure that there are sufficient processes, procedures and reporting systems in place to monitor, review, assess and minimise client operational & AML/CFT risk within the business, whilst acting in accordance with the local Laws, Orders, Codes of Practice and Regulations and Group policies.

In particular the post holder is expected to work with the other departments to ensure that systems & controls are fully effective; up to date and compliant with our regulatory obligations.

Job accountabilities:

Policies and Procedures

• Be a member of the Policies & Procedures Committees (Channel Islands)
• Be responsible for reviewing and drafting policies and assisting in the implementation of these across the client facing teams, to include training on new policies and processes as required.
• To implement a process to monitor and review Policies, Procedures, Guidance and Briefing Notes on a triennial basis and to co-ordinate such reviews with the ‘owning’ departments to ensure they remain fit for purpose.

Business Support

• Understand and apply local legislation relating to drug trafficking, money laundering, terrorist financing and any other legislation that impacts on the conduct of fiduciary business within the jurisdiction.
• Stay up to date with changes in legislative and professional standards that impact on the Company’s work.
• Identify and respond appropriately to risk situations relevant to the Company and/or its clients and implement adequate internal controls to mitigate risk.
• Analyse reports and facilitate the flow of information.
• Assist with risk reporting through KPIs
• Manage the Outsourcing process for the Channel Islands

Corporate Governance

• Actively champion Praxis' values by promoting a culture of professionalism, teamwork, and leadership.
• Understand Praxis' business plan and the direction in which the Group is heading.
• Understand how the role of each individual contributes to Praxis' vision.
• Understand and acknowledge the need for change.
• Act as a member of various committees as agreed from time to time.

Leadership

• Promote a culture of continuous training, development, and progression.
• Cascade information to the team regularly and actively invite and act upon upward feedback.
• Inspire others through own actions and behaviours.

Personal Development

• Attend seminars and workshops, read industry publications and advisory briefs, and follow developments in wealth management to enhance professional and technical knowledge.
• Shape own development by identifying areas to improve own knowledge and skills and actively seek assistance.
• Maintain evidence of continuing professional development to meet regulatory requirements.

Professional Qualifications and Experience

• Minimum of 5 years’ experience in a relevant role
• Successful attainment of relevant professional qualification

Skills and Knowledge

• Strong communication skills and be adept at building relationships across the business
• Understanding of the broad spectrum of risks facing the sector; including but not limited to data security, people related, regulatory risk, etc
• Sound understanding of industry best practices in relation to operations and risk management
• Experience in working in the Private Wealth / Corporate Services sector on a cross jurisdictional basis
• Demonstrated ability to write technical reports
• Ability to manage projects with minimum supervision
• Good presentation skills
• Sound judgement
• Ability to coach and mentor junior colleagues.

Group Risk Analyst - Guernsey

Job summary:

The role of Group Risk Analyst is to work with the Group Head of Risk in the development, implementation and embedding of the Group Risk Management Framework. This includes assisting in the functioning and administration of the Group risk processes and monitoring of subsidiary risk processes. Production of reporting on the risk management framework to provide assurance to key stakeholders with respect to the effective management, mitigation and reporting of key risks. Assisting the Senior Manager, Information security with the administration of the Information security framework.

Full support will be given for continuing professional development, including appropriate qualifications and external courses, as and when required.

Within this role, the term “risk” refers to strategic, operational, compliance & legal and financial risks.

Job accountabilities:

• assisting in embedding a culture of appropriate and informed risk taking through communication and promotion of the Group Risk Management Framework.
• assisting in the development and implementation of the Group Risk Management Framework, including business risk assessments, risk registers, controls and key risk indicators.
• maintenance of records to evidence risk management activity including risk registers.
• identifying, analysing and evaluating data to support risk assessments and the development of key risk indicators, including production of reports where required.
• assisting in the collation and analysis of risk reporting.
• assisting in the evaluation and reporting on the effectiveness of the Group Risk Management Framework.
• recording, monitoring and analysing risk event reports as they arise across the Group to highlight emerging trends or risk concentrations.
• identifying and analysing relevant external information to support horizon scanning and identification of emerging risks so that the Group is proactively responding to upcoming changes in risk profile.
• developing and maintaining relationships with risk owners and key Group and subsidiary functions including Compliance and Internal Audit.
• assisting in the development, drafting and implementation of policies and procedures to ensure application of risk management in day-to-day operations;
• participating in reviews of Group and entity policies, procedures and processes as required.
• assisting the Senior Manager, Information Security with information security tasks, documentation of information security risks and monitoring and measuring implementation of the cybersecurity framework.
• assisting in the maintenance and updating of business continuity plans.
• co-ordination of the Group’s sanctions screening application.
• carry out any risk related functions/activity as may be required by the Group Head of Risk from time to time.

Minimum education and experience

• Educated to degree level desirable or relevant professional qualification
• Experience of risk management frameworks, regulation, controls and assurance
• Experience of development of policies and procedures

Required skills

• Good interpersonal skills and strong team player
• Good administrative and organisational skills
• Curiosity and ability to learn
• Good problem-solving skills

About Belasko

We are a proudly independent fiduciary and fund administration provider with offices in Guernsey, Jersey, Luxembourg and the UK. We launched in 2011 to provide bespoke solutions to institutional and private clients with a clear and unbiased focus on quality across three service lines: Funds, Corporate Services and Private Wealth. Today we employ over 100 professionals across each of our four locations and have ambitions to grow further, primarily through organic growth and also through targeted M&A activity where it is in line with our strategic vision.

We have a clear focus to grow our Fund Administration offering to appeal to those fund managers looking for more peace of mind and consistency of delivery, particularly where client service standards might be falling with incumbent providers. To achieve this, we have developed a technology solution and on-boarding team that make it easy to transfer administrator, or set-up a new fund with complete confidence that we will plan the details with them up front.

Belasko Vision

Our Values

JOB DESCRIPTION

Role Title:     Compliance Manager

Reporting to:   Compliance Director, Guernsey

About the role

The purpose of this role is to play a central role in the Guernsey compliance function, ensuring that the business complies with regulatory requirements, together with completion of the compliance monitoring programme.

To assume the Prescribed Position roles of Money Laundering Reporting Officer and Money Laundering Compliance Officer for Belasko Administration Limited’s clients, and to represent Belasko Administration Limited, as the Compliance Officer to its clients.

The role requires regular interaction with staff at all levels across the Guernsey office, direct reports (where appliable), colleagues within the wider cross-jurisdictional compliance team, the GFSC and third-party service providers and advisors.

The primary place of work will be the office of Belasko Administration Limited, located in the Lower Pollet, St Peter Port. Belasko operates a flexible / hybrid working policy in agreement with the line manager.

The standard working week is 9am to 5pm each day, a total of 35 hours per week.

Limited travel is required for the role.

Key responsibilities include:

• Assist in the management of the regulatory environment attributable to all regulated funds, and regulatory filings/ deadlines therein;
• Assist in the development of Guernsey policies and procedures, reviewing and revising where applicable;
• Assist with the completion of the Compliance Monitoring Programme for Belasko Administration Limited, and its clients;
• Collate, monitor, and pro-actively manage the completion of action points rising from the CMP testing with internal teams, logging any agreed remedial actions and reporting on progress to internal Committees;
• Maintain key risk management records, especially registers and logs (e.g. PEP Register, Complaints, Errors or omission, and breaches Register) pursuant to notifications made and information received;
• Act as Money Laundering Reporting Officer and Money Laundering Compliance Officer, and represent Belasko Administration Limited as the named Compliance Officer, for clients of Belasko Administration Limited;
• Assist with the preparation of the Compliance Officer and Money Laundering Reporting Officer’s quarterly reports;
• Ensure that the AML/CFT/CPF Business Risk Assessments of Belasko Administration Limited’s clients remain up to date;
• Oversee the timing and process of all client risk and promoter reviews;
• Assist in the review of new business proposals and attend new business Committee meetings;
• Assist with the formulation and delivery of training; and
• Provide direction and support to employees of Belasko Administration Limited in respect of Financial Crime / Handbook matters.

Qualifications & Experience:

• Hold or be working towards a recognised compliance qualification;

• At least five years in the Guernsey finance compliance / risk sector;
• Good working knowledge of THEMIS and experience of interacting with the Financial Intelligence Unit; and
• Whilst not essential, previous experience acting in a Prescribed Position role would be beneficial.

Skills Required:

• Good working knowledge of the Guernsey legal and regulatory compliance environment, particularly in the investment / funds sector;
• Excellent interpersonal and communication skills with the ability to deal effectively with all levels of staff and management within the Belasko Group as well as third party service providers (where applicable);
• Proactive, solution focused and self-sufficient;
• Deliver work of a high standard with attention to detail;
• Ability to assist in drafting succinct policy and procedural documents; and
• Ability to achieve compliance goals and deadlines where operational considerations may compete.

Fiduciary/Compliance Risk Reviewer

Rawlinson & Hunter Limited is a firm of Licensed Fiduciaries. Our objective is to provide our clients with an administrative service which is personal, efficient and compliant.

Role overview

The ‘Risk Reviewer’ will be responsible for the pro-active management and reporting of fiduciary and compliance risks for RHL ensuring legal, regulatory and company standards are met, primarily by periodic fiduciary/compliance reviews of client structures. In addition, the ‘Risk Reviewer’ will possess good organisation and communication skills and knowledge of RHL’s systems and processes which will assist with the following duties:

Duties and Responsibilities

• The primary responsibility will be undertaking the periodic fiduciary/compliance reviews of a portfolio of client structures, including assisting with the scheduling of reviews throughout the year.

Other ad-hoc duties will include the following:

• Liaise with all staff on areas of risk or any day-to-day matters coming within the scope of the risk role, promoting a positive risk culture within RHL
• Assist with the production of the quarterly risk reports for the Board
• Work in conjunction with the Compliance team, to ensure company compliance with procedures and legislation including carrying out new business searches as required
• To assist the Associate Director – Risk & Compliance in reviewing, recommending and implementing ad hoc training to all staff
• Act as required as a committee member of the Risk Committee and assist the Associate Director – Risk & Compliance with the regular review of policies and procedures
• Keep abreast of relevant updates, developments, and case studies
• Liaise with Associate Director – Risk & Compliance on points of interest or concern in connection with risk issues, regulatory updates, working practices etc.
• Liaise with and assist the Compliance Team/MLRO/NO as required
• Such other duties as may be required from time to time

Person Specification

• Minimum of 5 years’ experience in the fiduciary industry
• Previous experience in a risk-based role, to include conducting fiduciary/compliance risk reviews, drafting procedures, and producing reports for the board or equivalent

• Knowledge of relevant regulations, rules and codes
• STEP qualified or equivalent professional qualification
• Computer literate with experience of databases, word and excel
• Excellent communication skills both verbal and written
• An analytical thinker
• Confidence to deal with risk matters at all levels

Additional Information

Reports to:      Associate Director – Risk & Compliance

Direct reports:   None

Senior Credit Risk Officer

Hours: Full Time

Contract type: Permanent

Location: Guernsey or Jersey

Overview: Skipton International Limited (Skipton) is seeking a dedicated and experienced Senior Credit Risk Officer to support our Risk Management function. Based in Guernsey or Jersey, the Senior Credit Risk Officer will contribute to the oversight and execution of a wide range of risks, reporting directly to the Risk Manager.

Key Responsibilities:

• Assist in the design and implementation of Skipton International’s risk management framework.
• Contribute to the development of risk management governance structure.
• Implement a risk framework to assist in mitigating risk within Skipton International.
• Identify and assess key risks faced by the Bank, considering both financial and non-financial aspects.
• Develop risk mitigation strategies, controls, and action plans to manage identified risks effectively.
• Design and develop methodologies to accommodate the identification, assessment, and analysis of different types of existing and emerging risks.
• Monitor the implementation and effectiveness of risk mitigation measures and escalate issues as necessary.
• Collaborate closely with the Risk Manager and take into consideration the contributions of the Risk Management function’s team, to plan, design and implement the risk management framework of Skipton International.
• Keep abreast of the relevant directives, regulations, technical standards, and other rules governing development banks and ensure their ongoing maintenance and implementation.
• Conduct risk assessments, which involve identifying, analysing, describing, and estimating the risks affecting the business.
• Collaborate with team members to conduct risk assessments that identify and evaluate the internal risks of the Society.
• Evaluate risks by comparing estimated risks with the criteria established by Skipton.
• Collaborate with other team members to carry out planned and ad hoc risk audits to ensure that procedures remain relevant, and the necessary controls are in place to limit the risk of excessive risk-taking and/or abuse.
• Present risk dashboards to the Risk Committee on a quarterly basis and/or as required.
• Provide guidance and support to team members in their daily activities.
• Provide accurate and timely reporting on the risks faced by the Bank.
• Effectively communicate the risk exposures and maintain relationships with the Risk Manager.

Essential Requirements:

• Previous experience in a similar role.
• Academic qualification in Risk, Economics, Banking, Finance, Mathematics, or Statistics.
• A recognised qualification (or qualifications) in Risk Management would be an advantage.
• Expertise in Microsoft Excel’s analysis tools, including analysis functions, lookup functions, creation of advanced charts, and use of forecasts and trend tools.

ST. PETERS TRUST COMPANY LIMITED

JOB SPECIFICATION