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: Relationship Managed Supervision – Trust & Company Service Providers (TCSPs) & Funds Services Business (FSB)

The Relationship Managed – Trust & Company Service Providers (TCSPs) & Funds Services Business (FSB) team works directly with entities, using a risk-based approach, to ensure risks are identified, mitigated and managed through regular interactions with the businesses it supervises. The team assess regulatory risk and engage with a portfolio of entities to understand the sector, and through working with colleagues, take appropriate steps and action as required.

Role: Supervisor –Trust & Company Service Providers (TCSPs) & Funds Services Business (FSB): 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:

>Effective delivery of the supervision of businesses in line with the agreed risk-based approach, centred on risk mitigation, and in line with regulatory and financial crime requirements.

>Effective utilisation of the risk model when identifying escalating levels of risk, with appropriate follow up action being demonstrated.

>Delivery of activities is completed in line with agreed processes, SLA’s and KPI’s for quality, timeliness, and efficiency.

>Delivery of timely, accurate and well-articulated guidance and feedback on known and emerging financial crime risks relevant to the Trust & Company Service Provider and Funds Service Business sectors.

>Maintaining high quality of data entry, record keeping/filing system that is compliant with the law and helps build insight into trends and improve business integrity.

>Effectively building a strong network of internal stakeholders across Supervision and the wider JFSC to ensure appropriate execution of regulatory responsibilities.

>Actively identify, recommend, and implement continuous improvements to internal working practices and procedures.

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.

>Applying a risk-based approach to supervising firms across the Trust & Company Service Provider and Funds Service Business sectors, reviewing and assessing the effective and appropriate management and mitigation of risks.

>Supporting the JFSC in expanding its understanding of existing and emerging risks.

What will success in this role look like?

>Delivery of effective and appropriate supervision of businesses across the Trust & Company Service Provider and Funds Service Business sectors to ensure the mitigation of regulatory and financial crime risks.

>Delivery of supervision effectiveness and facilitating business integrity.

Are you suitable for this role?

This role would suit an individual with strong communication skills. Having a developed knowledge of relevant financial services and products, and an understanding of the Jersey and International regulatory and financial crime legislation/requirements is desirable.

Motivation for continuous learning and development, a flexible approach and an aptitude for team working are key requisites for the role.

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!