Compliance Manager

Role purpose:

The purpose of the role is to provide senior management assistance in delivering a successful, effective compliance function, ensuring that all relevant entities comply with the relevant laws, applicable codes of practice and internal policies and procedures for growing Schedule 2 businesses.

Core responsibilities:

• To act as MLCO and MLRO of Moore Stephens Audit and Assurance (Jersey) Limited and Moore Stephens Accountancy and Tax (Jersey) Limited.
• To oversee the outsourced roles of MLCO and MLRO provided by Aspida for Moore Stephens Audit and Assurance (Guernsey) Limited board and support the agreed CMP operated for that business.
• To control data maintenance within the core systems of both businesses.
• Liaise with and be a principal point of contact with Jersey Financial Services Commission as and when required.
• Once established in the role to become the MLCO for Moore Stephens Audit and Assurance (Guernsey) Limited and become a principal point of contact with the Guernsey Financial Services Commission.
• Liaise with business teams in relation to AML / CFT / CPF and regulatory compliance regulations, internal procedures and controls.
• Design, amend and test MS-relevant AML / CFT / CPF systems and controls (including policies and procedures) and their effectiveness to ensure that AML / CFT / CPF Codes of Practice/Handbook are being complied with through the development and delivery of a CMP.
• Design and manage the Compliance Monitoring Programme to:
  • Test operational performance.
  • Monitor compliance with policies and procedures.
  • Access and recommend amendments to systems and controls.
• Provision of clear, accurate and timely management information to the officers of each business as required and requested.
• To control data maintenance, provide clear, accurate and timely management information (as required and requested) and provide training to all staff.
• To produce and maintain appropriate policies and procedures in Guernsey and Jersey to ensure compliance with the regulatory requirements of a Prescribed business and Schedule 2 businesses.
• To maintain all necessary compliance logs for each business
• To ensure all regulatory returns for the businesses are accurate and submitted on time.
• To ensure that regulatory and technical knowledge is kept current by representing the businesses at regulatory and technical seminars and events.
• To be the Date Protection Manager and Data Protection Champion for the businesses reporting to the Data Protection Officer.
• To support the implementation of ISQM1 and ISQM2 best practices into the business to help facilitate the audit departments compliance with quality requirements and reviews.
• Prepare appropriate and informative MLRO and MLCO (and CO reports if required) related management information and reports and be able to present these at Board meetings.
• To be a management point of contact to ensure adherence to all applicable regulatory laws, regulations and policies and procedures.
• Design, amend and update, as required the relevant regulatory systems and controls and policies and procedures for Moore Stephens.
• Review compliance monitoring programmes and testing, presenting findings and recommendations as appropriate.
• Review compliance forms, completed by the business.
• Ensure synergy and open dialogue across the controls and procedures.
• Assist employees with queries that may arise on regulatory compliance matters; and
• Other projects as assigned and other duties that may be deemed appropriate to this role.
  
  
• General responsibilities:
  • Develop and maintain good relations with other staff members.
  • Ensure all work is conducted in accordance with internal procedures.
  • Maintain the highest standards of confidentiality and security in terms of client affairs and records.
  • Monitor performance against personal and developmental targets.
  • Ensure accurate maintenance of records.
  • Achievement of objectives and KPIs.
  • Identify areas where further training for staff would be beneficial and bring these to the attention of the Board, assist in the arrangement of training and compliance education; and
  • To remain current in the obligations faced in the role and that of the regulated person with regard to the laws concerning money laundering, and terrorism on the island. 

Technical / Professional / Qualification Requirements:

• CGI/ STEP Diploma or equivalent completed; studying to obtain CGI/ STEP Professional or equivalent if not already achieved (JFSC Minimum is Hold Table 5 qualification plus a minimum of five years' relevant experience); or
• Qualified Accountant (by qualification through the Professional body); or
• Qualification relevant to function; and
• Evidence of Continuous Professional Development; and
• Management Training undertaken; and
• People Management skills and experience 

Person Specification / Competencies:

Client: Strong client focus, proactivity with clients, delivers a client-focused quality service, sets standards and develops standards to ensure client satisfaction.

Firm: Has a commercial outlook, follows and supports the development of procedures, innovative approach to work, spots opportunities, manages risk, active learning and evidence of developing others.

People: Collaborative, team player, strong communication skills, actively shares knowledge and experience with others inside and outside of the team. Functional management skills and experience.