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.

We operate the Companies Registry which registers and maintains Jersey companies, partnerships, foundations, limited liability companies and business names.

Our Registry responsibilities include acting as a cornerstone in the fight against money laundering, terrorist financing and proliferation financing. We record, screen and authenticate beneficial ownership, controller and significant persons details and we assess all activities ensuring adherence to the Islands Sound Business Practice Policy, which could also include applications that may present higher-risk characteristics. We also deal with global continuance, cross border mergers and other international transparency applications.

Team: Registry Supervision

Registry Supervision team is responsible for ensuring the accuracy and integrity of Jersey’s significant persons register and oversees various applications that present higher risk factors as part of Jersey’s commitment to combatting financial crime. Its function is to perform analysis on cases identified by the JFSC screening system, coordinating and delivering a dedicated inspection program to authenticate all beneficial owner, controller and significant persons information that is recorded on the central register within the Registry. In doing so, the Registry Supervision team are of strategic importance to ensure that Jersey remains a highly regarded International Financial Centre.

Your Role: (Permanent, 35 Hours per week)

This role supports the screening manager with managing and reviewing all cases identified by the JFSC screening system and escalating, where required, through the appropriate channels in line with the JFSC policies and procedures.

It also supports the high-risk team with consideration and escalation of those high-risk applications that are subject to a detailed review process. The screening and high-risk team are part of the wider Registry Supervision function which is responsible for reviewing those applications that present higher-risk characteristics and perform oversight inspection visits to ensure compliance with legislation.

The successful candidate will deliver the following outcomes:

·Daily assessment of case files in the screening system; to include the review of screening, sanction hits and negative news alerts resulting in risk mitigation.

·Making informed decisions in accordance with the JFSC’s policies and procedures when clearing through positive, possible, and false positive hits.

·Effective communication through timely escalation of issues to the internal teams.

·Effective collaboration with the team to fulfil the wider demands of the Registry division.

·Develop a knowledge and understanding of AML/CFT/CPF, how it is applied to incorporations, changes to established businesses and purpose of daily screening and its effectiveness in deterring criminal activity in Jersey.

You will add value to the organisation by:

Contributing to the JFSC’s defence against the potential misuse of those legal persons and arrangements offered under Jersey’s legal framework through enhanced due diligence checks, and high-risk reviews. Your work is a key element in combatting financial crime, protecting the financial services industry and the Island, contributing to Jersey’s ongoing reputation as a highly regarded International Finance Centre.

What will success in this role look like?

·Timely review of identified risk and adequate team collaboration in the process

·Knowledge sharing among the cross divisional areas where appropriate.

·Full Compliance of screening process with the JFSC’s policies and procedures

·Understand the risks of Jersey legal persons and arrangements, and how they are managed by the financial services industry.

·Your professional growth and development in the role will follow a career pathway for your progression in the Registry.

This position allows you to gain exposure and regulatory knowledge through regular interactions within the JFSC and other external stakeholders at all levels.

This role would suit a self-driven individual with experience in an AML or CDD focused role within a professional services environment, with working knowledge of client take on processes and ability to identify potential high-risk flags. If you enjoy working collaboratively in an evolving environment, have high attention to detail, analytical skills, excellent communication skills and the ability to manage workload, this role will suit you. Prior experience in Financial Services industry is beneficial but not essential.

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!