Our client is seeking an experienced Assistant Director to support the Financial Crime Division. This role will involve overseeing the delivery of high-quality prudential, financial crime, and conduct regulation within the Bailiwick of Guernsey. The successful candidate will play a crucial role in leading a team, managing on-site inspections, and contributing to policy creation and risk management. This position offers an opportunity to work in a dynamic and responsive environment, where you can influence industry standards and contribute to maintaining the Bailiwick’s reputation as an international financial centre. Click here to read more
Job Duties:
- Oversee and coordinate the Division’s financial crime risk-driven on-site inspections, ensuring they align with the Balanced Scorecard targets.
- Plan and allocate resources effectively, in conjunction with other Assistant Directors in offsite supervision and related divisions.
- Lead or participate in ad-hoc on-site inspections as needed to assess financial crime risks and regulatory compliance.
- Review scopes for inspections and post-inspection reports, ensuring proposed actions are proportionate and outcome-focused.
- Identify and highlight trends and themes from inspections to inform the industry and promote best practices.
- Work closely with the Director and Deputy Directors to develop and implement new policies, legislation, and guidance to ensure compliance with international and local standards.
- Cooperate with relevant parties, including industry representatives and government bodies, to ensure regulatory compliance.
- Serve as a point of contact for inquiries from licensees, regulators, and other professionals, and represent the Commission at meetings.
- Contribute to the preparation of press releases and articles for publication as needed.
- Ensure timely and effective handling of risk mitigation actions and management information reviews.
- Assist in considering problem cases within the Division’s remit, potentially involving regulatory actions, referrals, and cooperation with the Enforcement Division.
Job Requirements:
- Extensive experience in financial services, with a solid understanding of financial crime prevention, risk management, and regulatory compliance.
- Proven track record in leading, managing, and developing teams.
- Ability to produce high-quality reports, with strong analytical and decision-making skills.
- Sound knowledge of the Handbook on Countering Financial Crime (AML/CFT/CPF) and practical experience applying regulatory frameworks.
- Excellent communication skills, both written and verbal, with the ability to represent the Commission at meetings and events.
- Proven experience in managing complex priorities and projects effectively.
- Relevant qualifications in financial services or a related field, and commitment to ongoing professional development.
- Demonstrated ability to work collaboratively with cross-functional teams and external stakeholders.
What You’ll Love:
This role offers the chance to play a key part in maintaining and enhancing the jurisdiction’s reputation. You will work in a collaborative environment with opportunities to develop your skills in regulatory oversight, policy creation, and risk-based supervision. The organisation values professional growth and offers ample opportunities for training and career development.
Interested? Register today, confidentially, with one of our friendly and dedicated recruitment specialists by clicking here
