Intertrust's Compliance team oversees Intertrust Jersey's obligations to comply with regulatory and Group requirements. This role falls within the scope of the Jersey Financial Service Commission’s definition of “Senior Management Function” Category 1.

The position

To manage all aspects of the Risk & Compliance related functions, supporting the development and maintenance of a robust risk framework that adds value to the business and supports the achievement of its objectives including advising the business on emerging and identified risks, day-to-day regulatory matters and regulatory changes impacting the business and potentially the Group.

To assume responsibility for the key person role of Compliance Officer for the Intertrust Jersey affiliate leader and each of the service line boards with responsibility for the delivery and reporting of Intertrust Jersey's Compliance Monitoring Programme, production of Compliance reporting to relevant stakeholders, development of the Compliance Risk Assessment and supporting the business with the development of business risk assessments and the monitoring of regulatory developments affecting the business.

To assume responsibility for the key person role of Money Laundering Compliance for the Intertrust Jersey affiliate leader and each of the service line boards with responsibility for overseeing the effectiveness of all AML/CFT systems, compliance with applicable AML/CFT legislation and the day-to-day operation of the AML/CFT policies and procedures. In addition, the role will be required to develop and maintain systems and controls (including documented policies and procedures) in line with evolving requirements.

To act as Deputy Money Laundering Reporting Officer, providing support to the Money Laundering Reporting Officer (“MLRO”) by engaging in all of the MLRO’s Technical Attributes outlined in the attached Roles Matrix.

Your responsibilities

As Head of Compliance

• Contribute to the overall strategic direction of the business by formulating the compliance strategy for funds, corporate services, international finance and private wealth based on government legislation, and the industry rules and guidance on best practice thereby creating a strong business wide compliance culture.
• Oversight of the business risk, monitoring and assurance plans and framework.
• Establish high regulatory standards across the business including regulatory and code compliance, Risk Assessments, monitoring and assurance reports, AML controls, sanction controls and screening, data protection and information security management.
• Represent the business in front of its regulators, alongside the local management team.
• Deliver compliance projects, and participate in local and Group projects including due diligence of any potential M&A activity, ensuring technical excellence and a practical/business driven approach to the advice and guidance given.
• Provide regulatory and compliance advice and guidance on new products, services being considered by the business.

As Designated Compliance Officer

• To take on the key person role of Compliance Officer for the Intertrust Jersey affiliate leader and each of the service line boards
• To develop and agree a compliance monitoring program which meets the needs of the business and addresses any areas specifically highlighted for compliance monitoring, including the development of a Compliance Risk Assessment, and to implement and track the same
• To collate and analyse management information and develop and deliver Compliance reports to relevant stakeholders including service line boards and Group Compliance as required from time to time
• To monitor, track and analyse legal & regulatory changes applicable to Intertrust Jersey and its clients. To provide a clear and concise summary of the impacts on existing polices & procedures in accordance with the agreed timescales and ensure such changes are effectively implemented and embedded. To provide business advice and guidance as required
• To work with the relevant Intertrust Jersey service line boards to develop and maintain business risk assessments and risk control self-assessments in line with Group and regulatory requirements
• To engage in wider business projects from a Compliance perspective to ensure that regulatory and legal aspects are considered and implemented and to communicate the same within the Compliance team
• To prepare and deliver (or arrange) relevant training to staff on regulatory compliance matters
• To support the annual audit and internal audit processes and manage compliance team involvement in the same
• Ensure all allocated tasks are proactively managed to resolution
• Be an expert in the allocated field of responsibility, being able to provide advice and technical input as required to both fee earners and operations staff
• Deliver departmental projects to quality standards, deadlines and costs

As Money Laundering Compliance Officer (MLCO)

• To take on the key person role of Money Laundering Compliance Officer for the Intertrust Jersey affiliate leader and each of the service line boards and specifically to:
• Establish and maintain appropriate and consistent policies and procedures in order to prevent and detect money laundering or terrorist financing;
• Monitor for changes to relevant legislation, codes of practice or regulatory best practice guidance;
• Ensure local policies and procedures insofar as they relate to financial crime risk management comply with the higher of Intertrust Group policies and procedures and local legal and regulatory requirements;
• Supported as necessary by the compliance function, monitor compliance with and test effectiveness of local policies and procedures developed to prevent and detect money laundering and terrorist financing;
• Contribute to the reporting of management information and the submission to relevant internal and external stakeholders, including the service line boards of directors and Group Compliance; and
• Respond promptly to requests for information from the regulator or law enforcement agencies.
• Arrange or assist in the development and delivery of training all staff on relevant policies and procedures to forestall and prevent financial crime, including economic and trade sanctions, record-keeping and customer due diligence requirements.
• Maintain various regulatory logs relating to the role including the PEPs and declined business register, and derogations from CDD/KYC procedure.
• Administer, review, follow up, track and conclude daily screening output to a satisfactory conclusion, escalating where risk appears unacceptable or outside Intertrust’s risk appetite.
• Oversee visits by third party stakeholders undertaking AML/CFT risk assessments, including by those parties which seek to rely on Intertrust Jersey, and manage the regime by which Intertrust Jersey relies on third parties.
• Contribute to the annual business planning process by assisting the Director, Risk & Compliance, Jersey to develop and agree a compliance monitoring program which meets the needs of the business and addresses any areas specifically highlighted for compliance monitoring, including the development of a Compliance Risk Assessment, and to implement and track the same with specific reference to AML/CFT matters.
• Engage in wider business projects from a Compliance perspective to ensure that regulatory and legal aspects are considered and implemented and to communicate the same within the Compliance team.
• Support the annual audit and internal audit processes.
• Ensure all allocated tasks are proactively managed to resolution.
• Be an expert in the allocated field of responsibility, being able to provide advice and technical input as required to both fee earners and operations staff.
• Deliver departmental projects to quality standards, deadlines and costs.
• Provide support to the MLRO by acting as Deputy MLRO to Receive (or create), record in a register, investigate and document internal SARs, including decisions reached and rationale, maintain all supporting documentation collected, reporting relevant SARs to the JFCU via the JFCU portal on the approved form and keeping them up-to-date with relevant information subsequently discovered;
• Act as a liaison with relevant external agencies in relation to money laundering and terrorist financing, including the JFCU, Minister for External Relations and Financial Services, other companies' MLROs and the JFSC;
• Assist employees who may wish to transact on customers who are the subject of a SAR, giving advice on tipping-off prevention and/or no objection to continue where necessary;
• Receive requests and notices from Law Enforcement Agencies, record and monitor such requests/notices to ensure all information and documents are provided within required deadlines;
• Arrange or assist in the development and delivery of training all staff on money laundering and terrorist financing legislation, penalties, internal reporting procedure and the identity of the MLRO and any Deputy MLRO;
• To contribute to the reporting of management information and the submission to relevant internal and external stakeholders, including the service line boards of directors and Group Compliance.
• To engage in wider business projects from a Compliance perspective to ensure that regulatory and legal aspects are considered and implemented and to communicate the same within the Compliance team.
• To support the annual audit and internal audit processes.
• To ensure all allocated tasks are proactively managed to resolution.
• Be an expert in the allocated field of responsibility, being able to provide advice and technical input as required to both fee earners and operations staff.
• To deliver departmental projects to quality standards, deadlines and costs.

As Deputy MLRO

• Provide support to the MLRO by acting as Deputy MLRO and engaging in all of the MLRO Technical Attributes outlined in their Job Role.

Client Care

• Provision of proactive regulatory advice to all service lines, managers/directors and support functions.
• Attend client and supplier meetings and offer guidance as required.
• Be approachable when providing assistance and advice to teams on Regulatory Compliance and AML/CFT matters.

Management & Leadership

• Management of the Risk and Compliance team, and any associated functions.
• Provide regular reporting to the business (local and group as required) on performance against plan and key risk, internal audit, assurance or compliance escalations.
• Performance management and team development, including recruitment and succession planning.
• Participate in the Risk Assessment Committee process to advise on new business, derogations and client issues.

Financials

• Accountable for achieving the team’s performance against the budget/plan

Your profile

• Bachelors Degree required, law degree strongly preferred and relevant compliance qualifications.
• Ability to demonstrate a broad technical knowledge and expertise covering conduct of business matters, corporate governance matters and regulatory risk and regulatory change matters. In addition, comprehensive experience of relevant non-Jersey jurisdictions.
• 10 years of experience in financial services both onshore and offshore.
• 5+ years of experience with designing and maintaining risk, compliance, or assurance programs in the financial services industry.
• Demonstrated leadership skills and ability to interact effectively across all levels of an organisation

About Intertrust Group, a CSC Company

We are the premier global business, legal, and financial services company providing knowledge-based solutions to clients worldwide. We have locations and capabilities in more than 140 jurisdictions in the Americas, Europe, Asia-Pacific, and the Middle East, with more than 7,500 employees. We are the business behind business®.

What we offer you

Working with us means entering a dynamic, international, and growth-oriented company. Diverse teams give us a competitive advantage and drive innovation. We’re committed to attracting, developing, and retaining talented people who create an environment where everyone is valued and respected. Intertrust Group, a CSC company, is an equal opportunity employer.

• Intertrust Group is a great place to work with smart and dedicated people.
• We offer challenging work and career opportunities. Many positions are filled with internal moves and employee referrals.

Apply now

Interested? We’d love to hear from you! Please click “Apply for this role” to submit your CV and optional cover letter. For more information about this position, please contact Louise Carter via HRJersey@intertrustgroup.com.

Intertrust Group provides equal employment opportunities to all employees and applicants without regard to race, colour, religion, sexual orientation, marital/parental status, national origin, age, disability, political opinion, social status, veteran status, and genetics. Intertrust Group complies with all applicable laws governing nondiscrimination in employment.