Our client is seeking a Technical Specialist for the Financial Crime Division (FCD). Reporting to the Deputy Director, this role is crucial in ensuring high-quality financial crime regulation within the Bailiwick of Guernsey. The FCD supervises a range of licensed or registered firms, including banks, investment firms, insurers, and more, using a risk-based approach to focus on firms with higher risks of financial crime. This role involves proactive engagement with firms, conducting financial crime risk assessments, and contributing to the development of the regulatory framework. Click here to read more.
Job Duties:
- Ensure the Commission delivers high-quality prudential, financial crime, and conduct regulation within the Bailiwick of Guernsey, facilitating innovation and discouraging poor-quality ventures.
- Assist in protecting and enhancing the Bailiwick’s international reputation within the financial services sector.
- Support the delivery of PRISM risk-based supervision and policy creation.
- Assist with the implementation of the Balanced Scorecard and formulation of plans to achieve business objectives, anticipating potential issues and taking pre-emptive action.
- Lead or participate in AML/CFT/CPF on-site visits, including risk assessments, thematic, or event-driven engagements. Conduct research, analyse and identify key issues, review files, and take accurate minutes.
- Review post-visit feedback, propose follow-up actions, and produce high-quality RGP reports or memos.
- Identify themes from supervisory visits and trends, and highlight these to the industry where required.
- Coordinate management information and indicators as needed.
- Assist with the introduction of new or amendments to existing legislation, rules, and guidance notes, and undertake special assignments related to supervisory and regulatory responsibilities.
- Assume the responsibilities and powers of the Director and Deputy Directors in their absence, in accordance with relevant delegated authorities.
- Demonstrate a good working knowledge of the Financial Crime (AML/CFT/CPF) Handbook and apply pragmatic decision-making.
Job Requirements:
- Experience in financial services or a similar environment with knowledge of and experience using the Financial Crime (AML/CFT/CPF) Handbook.
- Proven ability to lead on-site visits, conduct thorough research, and produce high-quality reports.
- Excellent analytical skills with the ability to assess financial crime risks and identify trends.
- Strong communication skills, with experience in preparing and presenting findings, and liaising with various stakeholders.
- Ability to chair meetings professionally and handle enquiries from licensees, regulators, and the public.
- Experience in representing a regulatory body, including conducting training and regulatory workshops.
- Ability to update professional and technical knowledge and inspire others in achieving business goals.
- Experience in supervising and developing staff, and collaborating across teams.
- Proven track record of completing work to a high standard with attention to detail and making constructive recommendations for improvement.
What You’ll Love:
This role offers the chance to gain extensive experience across various sectors within the financial crime landscape. Joining the Financial Crime Division at this critical juncture, as the MONEYVAL assessment of the Bailiwick nears completion, presents an exciting challenge to help enhance and meet international expectations. The Commission supports continuous professional development and values contributions towards improving financial crime prevention.
Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here
