Trainee Supervisor

We supervise the island's financial services industry for compliance with both conduct and prudential requirements, and under the anti-money laundering (AML), countering financing of terrorism (CFT), and countering proliferation financing (CPF) framework. The JFSC is one of the few regulators globally to benefit from the Regulator and the entity Registrar operating under a single financial services commission. Position: Division: SupervisionThe Supervision division's primary function is to oversee the financial services industry to ensure relevant legal obligations and regulatory requirements are met.

As part of this we continually assess whether existing or emerging risks, to which Jersey is exposed, are being effectively managed. Team: Relationship Managed Supervision – TCSP/FSBThe Trust Company Service Provider/Fund Services Business (TCSP/FSB) team work directly with trust and company service providers and Fund services businesses, using a risk-based approach to ensure risks are identified, mitigated, and managed through interaction with the businesses it supervises. The team assess regulatory risk and engage with a portfolio of entities to understand the sector, taking the appropriate steps and action as required. Role: Trainee Supervisor, Relationship Managed Supervision:

Permanent/Full timeWorking within a team of Supervisors, you will be responsible for contributing to and supporting the effective supervision of entities, to ensure risks are identified, managed, and mitigated, and overall compliance with the regulatory framework is achieved by: ›Working effectively with a wide range of internal and external stakeholders to ensure legislative clarity and understanding, leading to an improvement in business integrity, by effective delivery of: Effective contribution in the engagement with the entities we supervise to understand their business plans and regulatory issues and risks.

Actively develop a good understanding of the entity’s business model to support their ongoing development whilst providing supervisory support in line with regulatory requirements. Actively develop strong relationships with internal and external stakeholders, through effective communication and interpersonal skills. Actively support and contribute to the confident presentation, within a variety of environments internally and externally. ›Develop and enhance our supervisory strategy, in line with the JFSC’s risk base approach, to ensure Jersey is effectively regulated and remains a competitive International Financial Centre, by effective delivery of:

oActively contribute to entity visits, support the assessment of risk reports and financial information, and contribute to dealing with high profile incidents that require a regulatory response. oActively enhances the supervisory approach through effective data use, contributing to the creation of reports using Power BI and an ability to analyse data to make informed decisions. oEffective application of the JFSC’s risk model when identifying escalating levels of risk, with appropriate follow-up action being demonstrated. ›Deliver effective internal working practices and procedures through identifying, recommending, and implementing continuous improvements to improve business integrity by the effective delivery of:

Actively deploy our risk management systems to capture relevant information about the firms we supervise to build insight into trends. Actively deliver activities in line with agreed processes, SLA’s and Measures that Matter, for quality, timeliness, and efficiency. Actively contribute to projects and initiatives as required. Actively contribute to the ongoing development of others by sharing best practice to ensure the growth of the right expertise within JFSC in relation to TCSP/FSB supervision. You will add value to the organisation by:

›Contributing to the JFSC’s mission to maintain Jersey’s position as a leading International Finance Centre with high regulatory standards supporting its role in combatting financial crime as part of the wider international effort. ›Supporting and applying a risk-based approach to supervising firms across the TCSP/FSB sector, reviewing, and assessing the effective and appropriate management and mitigation of risks. ›Supporting the JFSC in expanding its understanding of existing and emerging risks.

What will success in this role look like?›Providing effective support in the delivery of effective and appropriate supervision of entities across the TCSP/FSB sector to ensure the mitigation of regulatory risks. ›Meeting deadlines for the completion of tasks and successfully balancing competing priorities to ensure supervision effectiveness and facilitating business integrity. ›Contributing to the ongoing level of competency amongst the JFSC staff through sharing best practice and regular coaching of our regulatory responsibilities. Requirements:

This role would suit an individual who has a passion to develop their understanding of regulated financial services, including the identification of emerging risks and the presentation of recommended solutions to complex business and regulatory issues to senior management within the JFSC. The successful candidate will possessgood communication and interpersonal skills and be a talent enabler through proactively sharing best practice. Motivation for continuous learning and development, a flexible approach and an aptitude for teamwork.

Havingsome knowledge and experience of relevant financial services and products, and an understanding of the Jersey and international regulatory standards are desirable for the role. This role provides the successful candidate with the opportunity to develop their expertise across a range of functions within financial services. Other information: Working in the JFSC will enable you to join a team people who have purpose, passion, and pride. It offers the opportunity to work alongside people, who are passionate about maintaining Jersey’s position as a leading International Finance Centre with high regulatory standards.

This clarity on our purpose is incredibly motivating and we leverage our core values of: Excellence, Professionalism, Respect, Integrity, and Teamwork to deliver our work. Our people are proud of their work and their contribution to Jersey. If you are looking to make a difference, have a unique working experience and contribute to a bigger picture, then think JFSC; a diverse team of people who put their hearts and minds into what they do and have some fun along the way!