Associate Director, MLRO/MLCO/CO

2 months ago

St Helier, United Kingdom Royal Bank of Canada Full time

Come Work with Us

At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.

Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that matters in the world, in an environment built on teamwork, service, responsibility, diversity, and integrity.

Job Title

Associate Director, MLRO/MLCO/CO (Jersey)

Job Description

What is the opportunity?

To act as the Money Laundering Reporting Officer, Money Laundering Compliance Officer and Compliance for several entities within the Funds business. The successful applicant will support the delivery and ongoing maintenance of the financial crime and regulatory compliance programs across the Jersey Funds business. In addition, they will continue to enhance and manage the compliance monitoring plan while reporting the findings and key updates to the relevant Boards.

The role will include supporting the business needs in terms of Financial Crime / Regulatory Compliance and working with the wider business to provide advice and counsel as needed. The role will include supporting the assessment of both inherent and residual risks within an agreed framework. The successful candidate will support and develop a strong and consistent compliance culture.

What will you do?

Support the ongoing operation of the Compliance model in Jersey, as it relates to the business and its administered Funds. The core activities impacting on the employee in connection to the fund services business will include:

  • Acting as MLRO, MLCO and CO for the business and its administered Funds in Jersey
  • Investigating internal SARs submitted from the Business, including any escalation to the relevant Fund Board, as appropriate.
  • Responsibility for ensuring that appropriate business and customer risk assessments are in place and appropriate for the specific Fund
  • Developing or maintaining Compliance Monitoring Plans (CMPs) for each Fund
  • Acting as line manager to the resource responsible for the completion of CMP testing and ensuring that all testing is carried out in a timely and effective manner
  • Primary day-to-day contact for the Business, including related project work and committee membership, as required.
  • Preparing board and management reports.
  • Oversight and support management of higher risk business activities and relationships (including PEPs) as well as specific AML/CFT issues and exposures.
  • Escalation of issues to senior management of the Business and functional Heads, as appropriate.
  • Assisting in development and delivery of AML / Financial Crime and Regulatory Compliance subject specific training
  • Managing responses to local regulator inquiries, surveys, questionnaires and lead preparation for onsite reviews or audits
  • Oversight of the maintenance, or development, of local procedures for the Funds as they relate to Financial Crime and Regulatory Compliance
  • Supporting the Senior Management team on ad hoc initiatives as required.
  • Keeping abreast of changes to regulatory and legislative rules and principles including attending lectures, seminars and training courses (where possible) and manage process for providing updates for Compliance, business and functional partners

What do you need to succeed?

Must-have

  • University degree and/or appropriate designations as compliance professional, professional designation in other appropriate areas such as law, risk management and/or audit.
  • A broad knowledge of the Jersey Financial Crime and Regulatory framework
  • Proven experience holding key person roles in the Financial Services industry, preferably in Jersey
  • Ability and willingness to accept accountability, demonstrate initiative, work with limited direct supervision and support effective cross unit co-operation information sharing etc
  • Creative/strategic/analytical thinker able to demonstrate sound analysis and judgement and prove sound, clear and practical advice to businesses
  • Strong Verbal and written skills; ability to generate concise reports

Nice-to-have

  • Hold a recognised relevant professional qualification
  • Have experience as a key person in the Funds industry

What is in it for you?

We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • Leaders who support your development through coaching and managing opportunities
  • Opportunities to work with the best in the field
  • Ability to make a difference and lasting impact
  • Work in a dynamic, collaborative, progressive, and high-performing team
  • Flexible working options fully supported

Job Summary

Address:

Saint Helier, Jersey

City:

JEY-ST_HELIER-SAINT HELIER

Country:

Jersey

Work hours/week:

36.25

Employment Type:

Full time

Platform:

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2023-03-22

Application Deadline:

2023-04-07

Inclusion and Equal Opportunity Employment

At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.

We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

Join our Talent Community

Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.

Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.

  • Associate Director, MLRO/MLCO/CO

    2 months ago

    Saint Helier, United Kingdom Royal Bank of Canada Full time

    Come Work with UsAt RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that...

  • Head of Regulatory Client Compliance

    3 months ago

    Saint Helier, United Kingdom Alter Domus Full time

    We are Alter Domus. Our name means “The Other House” and we’re a world leading provider of integrated solutions for the alternative investment industry. We believe in being different. Here, you progress on merit, not who you know. You speak openly, whoever you’re speaking to. And it’s your freedom to decide which cutting-edge kind of finance...

  • Head of Compliance

    3 months ago

    Saint Helier, United Kingdom Alter Domus Full time

    **ABOUT US** We are Alter Domus. Meaning “The Other House” in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries. With a deep understanding of what it takes to succeed in alternatives, we believe in being different. Invest yourself in the...

  • Client Compliance Officer

    3 months ago

    St Helier, United Kingdom LRI Invest S.A. Full time

    The Apex Group is looking for an experienced Client Compliance Officer. This full-time role is based in Saint Helier and offers a favourable salary and benefits. The Client Compliance Officer role will act as a nominated CO/MLCO/MLRO for several of the Jersey Regulated/Collective Investment Funds/Non-Collective Investment Funds/Jersey Private Funds that the...

  • Money Laundering Compliance Officer

    2 months ago

    St Helier, United Kingdom The Maples Group (Financial Services) Full time

    **Position: Money Laundering Compliance Officer** **Location: Jersey (Hybrid)** **About Us** The Maples Group is a global leader in financial services, trusted by many of the world’s largest hedge fund managers, private equity firms, and international corporations. Our side-by-side financial and legal teams consistently deliver award-winning services...

  • Head of Compliance

    3 months ago

    Saint-Helier, United Kingdom Alter Domus Full time

    ABOUT US  We are Alter Domus. Meaning “The Other House” in Latin, Alter Domus is proud to be home to 85% of the top 30 asset managers in the alternatives industry, and more than 5,000 professionals across 23 countries.  With a deep understanding of what it takes to succeed in alternatives, we believe in being different. Invest yourself in the...

  • Associate Director

    3 months ago

    St Helier, United Kingdom Meraki Full time

    Associate Director, Trusts - Jersey, Channel Islands - Associate Director, Trusts - Jersey, Channel Islands - Varied work on offer Full Job Description Meraki Talent is currently looking to recruit an Associate Director to join a renowned fiduciary and fund administrator in Jersey, Channel Islands. Our client prides itself on its collaborative working...

  • Associate Director

    4 months ago

    St Helier, United Kingdom RBS International Full time

    Our people work differently depending on their jobs and needs. From hybrid working to flexible hours, we have plenty of options that help our people to thrive. This role is based in Jersey and as such all normal working days must be carried out in Jersey. Join us as an Associate Director - Join our Institutional Banking Coverage team in Jersey where...

  • Chief Compliance Officer

    2 weeks ago

    Saint Helier, United Kingdom Alter Domus Full time

    Position Overview: We are seeking an experienced compliance leader to oversee our Compliance Division. As the Chief Compliance Officer at Alter Domus, you will play a crucial role in ensuring adherence to all applicable regulations and standards for our operations. Key Responsibilities: Serve as the Compliance Officer, Money Laundering Reporting Officer, and...

  • Associate Director, Fiduciary Management

    1 month ago

    St. Helier, United Kingdom Royal Bank of Canada Full time

    Come Work with Us! At RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose. Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that...

  • Associate Director

    3 months ago

    St Helier, United Kingdom IQ-EQ Full time

    **Company Description** IQ EQ is part of a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide. **Job Description** Office**: Jersey - Gaspé House - In order to fulfil the requirements of the...

  • Associate Director

    3 months ago

    Saint-Helier, United Kingdom Apex Group Full time

    Residency5 years residency NOT requiredEmployerApex GroupClosing date02 April 2024Reference55729ContractPermanentHoursFull TimeSalaryNegotiableAs an Associate Director / Director, you will be responsible for overseeing administration obligations and the management of client relationships to support the growing team. You will also focus on developing the...

  • Associate Director

    3 months ago

    Saint-Helier, United Kingdom Apex Group Full time

    Residency5 years residency NOT requiredEmployerApex GroupClosing date02 April 2024Reference55728ContractPermanentHoursFull TimeSalaryNegotiableApex Group has an exciting opportunity for an experienced Associate Director. As an Associate Director, you will support Line Managers in delivering the operational service to clients. In your first few weeks in this...

  • Associate Director

    3 months ago

    St. Helier, United Kingdom LRI Invest Full time

    Description Role Profile Role title Associate Director Department Client Accounting Location Jersey Contract type Permanent, Full-time Reporting to Director Role purpose - Range of entities includes corporate, real estate and fund structures including private equity and open ended funds. - The Client Accounting Department is organised into teams,...

  • Deputy Head of Aml

    5 months ago

    Saint Helier, United Kingdom Royal Bank of Canada Full time

    **Job Summary** **What is the opportunity?** To act as the Deputy Head of AML and Money Laundering Compliance Officer in a newly created role. You will support the delivery and ongoing maintenance of the financial crime compliance programs across the Wealth Management business in Jersey. In addition, the role involve being a key decision maker and working...

  • Associate Director

    2 months ago

    St Helier, United Kingdom JTC Group Full time

    **Join JTC where your contribution will be valued.**: We currently have an exciting opportunity for an Associate Director - HR Operations to join our team in Jersey. **Purpose of job**: Head of HR Operations & Resourcing is responsible for managing and overseeing the Group HR Operations and Resourcing provision, all end to end employee lifecycle events...

  • Associate Director

    3 months ago

    Saint-Helier, United Kingdom Apex Group Full time

    Residency5 years residency NOT requiredEmployerApex GroupClosing date02 April 2024Reference55722ContractPermanentHoursFull TimeSalaryNegotiableThe Associate Director will support the business in the delivery of the operational & administration service to their clients. This is a varied role which will involve promoting & supporting the aims of the company &...

  • Money Laundering Reporting Officer

    1 month ago

    Saint-Helier, United Kingdom Standard Bank Group Full time

    Job DescriptionTo fulfil the role of the Money Laundering Reporting Officer for the Standard Bank Offshore ("SBO") supervised persons, and to receive and consider internal SARs in accordance with internal reporting procedures in accordance with Article 21 of the Money Laundering (Jersey) Order 2008. See Addendum for full remit.QualificationsMinimum...

  • Associate Director, Fiduciary Management

    1 month ago

    Saint Helier, United Kingdom Royal Bank of Canada Full time

    Come Work with UsAt RBC, our culture is deeply supportive and rich in opportunity and reward. You will help our clients thrive and our communities prosper, empowered by a spirit of shared purpose.Whether you're helping clients find new opportunities, developing new technology, or providing expert advice to internal partners, you will be doing work that...

  • Money Laundering Reporting Officer

    1 month ago

    Saint-Helier, United Kingdom Standard Bank Group Full time

    Job Description To fulfil the role of the Money Laundering Reporting Officer for the Standard Bank Offshore ("SBO") supervised persons, and to receive and consider internal SARs in accordance with internal reporting procedures in accordance with Article 21 of the Money Laundering (Jersey) Order 2008. See Addendum for full remit. Qualifications ...