We supervise the island's financial services businesses - including financial institutions, designated non-financial businesses and professions and virtual asset service providers for anti-money laundering (AML), countering of the financing of terrorism (CFT) and countering proliferation financing (CPF) purposes.
We also regulate financial services for conduct and prudential purposes. The JFSC is one of the few regulators globally to benefit from the regulator and entity registries operating under a single financial services commission.
Team: Policy
The team is responsible for the development and maintenance of Jersey’s financial services regulatory framework. This includes laws, Codes of Practice, and guidance that supports the financial services industry in its work.
The team works closely with other divisions within the JFSC, industry, the Government of Jersey, peer regulators, and international standard-setting bodies to ensure regulation is appropriate and does not unduly disadvantage Jersey’s financial services industry.
Role: Senior Adviser, Policy (Permanent/Full-time)
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 Financial Centre. The candidate will deliver the following outcomes:
- Ensuring Jersey is effectively regulated and remains a competitive International Financial Centre by monitoring standards and guidance of international standard setters, such as Basel III, proposing enhancements to JFSC regulatory requirements at legal and code level as well as for JFSC policies, procedures, and processes
- Collaborating effectively with a wide range of internal and external stakeholders to ensure legislative clarity and understanding, leading to an improvement in business integrity
- Actively contributing and enhance our reputation as a high performing regulator with effective and proportionate delivery of prudential policy frameworks that meet international standards, such as Basel III.
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 meeting international standards .
- Supporting delivery against our strategy, business plans and measures that matter to deliver benefits both internally and externally.
- Supporting delivery of a strong level of competency amongst JFSC colleagues through providing advice, and regular coaching to meet the JFSC’s current and future workforce needs.
What will success in this role look like?
- Delivery of policy effectiveness and facilitating business integrity.
- Delivery of maintaining and developing strong stakeholder relationships ensuring all stakeholders are appropriately and effectively informed of policy changes and their impact
- Delivery of simplifying complex matters and giving advice to internal stakeholders on how to communicate and negotiate the complicated in a straightforward way
- Proven regulatory knowledge and experience, in particular in relation to prudential policy matters
- Ability to apply good judgement and commercial understanding to the development and maintenance of prudential policy frameworks
- Strong interpersonal skills with the ability to communicate persuasively, succinctly, and credibly with senior industry and government representatives
Working in the JFSC will enable you to join a team of 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!
This role will close on 31 July 2024.