- Location
- Jersey
- Type
- Full-time
- Department
- Legal
Description
Compliance Administrator
Department: Compliance
Employment Type: Full Time
Location: Jersey
Reporting To: Manager
Description
This is a great opportunity for a driven and talented individual to make a real difference as part of a dedicated and professional team. The Compliance Administrator will work on a broad range of compliance and risk management duties, providing support to the Compliance function, wider business and clients to ensure that LHFMJ regulatory obligations and risk management objectives are fulfilled.
There will be a number of interesting and varied ad hoc projects which will give the individual exposure to a wide variety of high-quality clients.
This is a position best suited to an enthusiastic individual who is eager to progress their career in compliance and works well in a team with a willingness to commit to professional qualifications when required.
Key Responsibilities
General
- Review and respond to assigned ISC tasks within a 24-hour time frame to ensure timely resolution and support business operations.
- Maintain accuracy and integrity of investor data updates in ISC and compliance database systems through diligent data entry and verification processes.
- Collaborate with internal stakeholders to address any discrepancies or issues related to investor data and compliance requirements.
- Actively reinforce a culture of compliance across all levels of the business.
AML/CFT
- Exhibit knowledge in Anti-Money Laundering/Counter Financing of Terrorism (AML/CFT) matters, including comprehensive knowledge of relevant legislation and its practical application.
- Manage the Customer Due Diligence process for investors, from initial notification through to completion, ensuring accuracy at every stage.
- Identify relevant parties for screening and act as a liaison with administration teams to address and resolve any arising issues efficiently.
Compliance Monitoring (including Periodic Reviews) and Reporting
- Conduct thorough compliance monitoring before month-end, identifying action points to be discussed at fortnightly meetings.
- Support the Compliance Manager in preparing and submitting internal and external reports, to include but not limited to JFSC returns.
- Interpret the context and requirements of requested reports to ensure accurate and prompt completion.
- Adhere to agreed Transaction Monitoring and Periodic Review schedules, including Customer Due Diligence (CDD) and Initial Reviews.
- Ensure timely submission of all required reports within agreed deadlines.
In addition to the duties listed above, the Compliance Administrator may be requested to perform any other ad hoc duties or projects as requested by the Management Team. As part of your duties all employees must ensure adherence to internal policies and procedures and meeting all personal AML obligations.
Skills Knowledge and Expertise
Qualifications
- Educated to at least ‘A’ level standard or equivalent. Preferably studying towards the AML/Compliance qualification (e.g. ICA or AML Diploma/Certificate); or willingness to study towards a relevant professional qualification.
- Previous experience in the CDD, KYC, AML/CFT/compliance and risk environment is essential; ideally 1 or more years of demonstrable years’ experience in a compliance position.
Skills and Experience
- Ability to solve practical problems and deal with a variety of situations.
- Ability to effectively present information and respond to questions from groups of managers and especially clients.
- The candidate must have excellent communication skills, high attention to detail and accuracy, with the ability to use initiative and work independently.
Technical Knowledge
- The candidate must have a good understanding of anti-money laundering legislation and client due diligence requirements for a financial service business and its clients.
- The candidate will be expected to participate at meetings and have responsibility for ensuring the accurate and timely completion of reports and compliance related documentation.
- Ability to write reports, business correspondence and procedure manuals.
- Training on internal systems, controls and procedures will be provided, however, it is desirable that the job holder is familiar with the regulatory requirements.
Benefits
Langham Hall invests in people and in developing them professionally. We are extremely proud of our leadership-focused culture which fosters a dedicated, approachable and collaborative way of working. We offer the opportunity to progress your career and study professional qualifications, through intensive training and where applicable, full exam tuition and study support.
Langham Hall is a fast-growing company and as such staff experience a variety of responsibilities and inclusion in exciting initiatives beyond their day-to-day role. Employees are supported and encouraged to deliver a first-class service, and opportunities are identified at an early stage for employees to engage with our clients which enables them to feel involved and challenged in their work.
We are proud of our positive working culture which is reinforced through our employees and our extremely low staff turnover, and we seek out people that believe in our values.
We are proud of our positive working culture which is reinforced through our employees and our extremely low staff turnover, and we seek out people that believe in our values.
Skills
AMLKYCRisk ManagementCompliance
