Student Work Placement – Risk & Compliance

ROLE OVERVIEW

PURPOSE OF JOB 

The student will assist with administration duties and activities that are required to ensure that JTC (Jersey) Limited complies with the relevant legislation and regulations issued by the Jersey Financial Services Commission and meets industry ‘best practice’ standards. This includes a proactive Risk & Compliance advisory service that supports all business functions and is based on the practical needs of the business. This will be under the supervision of the Senior Administrator / Assistant Manager and Manager.

To gain valuable experience, knowledge and develop skills to assist in future career progression and to broaden their understanding of the role of a Risk and Compliance department in a financial institution.

MAIN RESPONSIBILITIES AND DUTIES

• Gain an understanding of JTC’s business model and how Risk and Compliance supports the activities of the business.
• Undertake investigations into financial crime matters and analyse data to present for risk escalation.
• Research matters that have been escalated to Risk and Compliance by the client facing teams to determine the impact those risks identified could potentially have on JTC as a business.
• Review international sanctions / other global compliance updates against JTC client administration systems.
• Undertaking customer adverse information screening checks as and when required.
• Shadow members of the Risk & Compliance team which will enable exposure to a range of technical tasks and duties that are required for successful service of the business, including attending meetings with client facing staff across JTC.
• Be exposed to a range of processes that are required to be completed across the team and develop the skills to assist with compliance enquiries.
• Liaise with client facing employees and other contacts as necessary under the supervision of more senior team members using our internal Risk and Compliance advisory service.
• Fulfilling additional tasks set out by supervisors including conducting research, analysis, register maintenance and some administrative duties.
• Perform various office support functions such as photocopying, scanning and filing.
• Assisting in the completion of ad-hoc Risk and Compliance projects such as creation of policies and procedures and reporting tasks.
• Adhere to JTC Policy and Procedures in relation to regulatory requirements and AML legislation.
• Adhere to the JTC core values and expected behaviours.
• Any other duties as deemed necessary by Management.

ESSENTIAL REQUIREMENTS

• Completing A’ Levels or BTEC studies and seeking a career within the finance industry.
• Available to work over a 6-8 week period during the Summer Vacation.
• For those intending to study at University, demonstrate an interest in returning for further periods of work during holiday periods.
• Excellent attention to detail.
• Flexibility in role.
• Good analytical and investigative skills.
• Strong communication skills with an enthusiastic and helpful outlook.
• Mature and professional in their approach.