We supervise the island's financial services industry for compliance with both conduct and prudential requirements, and under the anti-money laundering (AML), countering financing of terrorism (CFT), and countering proliferation financing (CPF) framework.

The JFSC is one of the few regulators globally to benefit from the regulator and the entity registrar operating under a single financial services commission.

Division: Supervision

The Supervision division's primary function is to oversee the financial services industry to ensure relevant legal obligations and regulatory requirements are met. As part of this we continually assess whether existing or emerging risks, to which Jersey is exposed, are being effectively managed.

Team: Financial Crime Examination Unit

The Financial Crime Examination Unit plays an integral part in supporting the JFSC’s role in combatting financial crime in Jersey.

The team is dedicated to reviewing compliance with obligations in relation to AML, CFT, CPF, targeted financial sanctions, and anti-bribery and corruption.

The team coordinates and delivers a programme of examinations focusing on financial crime, ensuring businesses supervised by the JFSC are complying with statutory and regulatory requirements.

Role: Permanent/full-time

You will be responsible for reviewing and assessing the systems and controls used by a variety of supervised businesses to mitigate financial crime risks. You will explore various types of financial crime risks to which a business could be exposed, taking account of its commercial activities, its customers, its products, and services and how it delivers them domestically and internationally.

The successful candidate will join the JFSC at a key stage in its development, as it seeks to play an enhanced role in the continued success of Jersey as a highly regarded international finance centre. The candidate will deliver the following outcomes:

› Active delivery of effective onsite examinations, including preparation for and participation in employee and board member interviews, customer file reviews, control assessments, technology reviews and post-examination follow-up with examined businesses.

› Effective delivery of accurate, concise, and well-articulated feedback and reporting (verbal and written) of examination findings delivered to business representatives at a senior level.

› Effective delivery and execution of examination work within agreed timelines.

› Active involvement in the ongoing development and enhancement of examination processes and activities.

› Active support for the effective delivery of JFSC projects to support the continuous improvement of our operational systems and controls.

You will add value to the organisation by:

› Contributing to the JFSC’s mission to maintain Jersey’s position as a leading international finance centre with high regulatory standards supporting its role in combatting financial crime as part of the wider international effort.

› Collaborating internally and externally to continuously share knowledge and insights from the examinations.

› Supporting the JFSC in expanding its understanding of current and emerging financial crime risks, targeted financial sanctions, and bribery and corruption risks and the measures needed to detect and manage them.

What will success in this role look like?

› Successful execution of financial crime examinations to assess compliance with the legal and regulatory framework.

› Accurate and pragmatic identification and analysis of emerging risks and typologies.

› Contributing to the provision of industry feedback and guidance on financial crime risk matters.

Are you suitable for this role?

This role would suit an individual with a background in financial services, with an understanding of Jersey’s financial services and AML/CFT/CPF legislation and regulation and the application of relevant controls. Having a solid understanding of Jersey and international regulatory standards is a key requisite for the role.

Experience of working for a regulator is not essential, however, experience working in or closely with risk management, anti-money laundering, compliance or internal audit functions would be desirable.

Good interpersonal and communication skills are essential as you will be required to communicate with a variety of stakeholders.

Motivation for continuous learning and development, a flexible approach, and an aptitude for responding positively when dealing with challenges are required.

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!