At a Glance
- Tasks: Oversee Client Due Diligence for a Jersey-regulated funds business and ensure compliance.
- Company: Join a global leader in fund services with a culture of support and growth.
- Benefits: Competitive salary, flexible working options, and opportunities for professional development.
- Other info: Dynamic team environment with a focus on collaboration and innovation.
- Why this job: Make a real impact in the financial sector while developing your expertise.
- Qualifications: Experience in CDD/KYC and knowledge of AML/CFT regulations preferred but not essential.
The predicted salary is between 40000 - 50000 £ per year.
Company Description
Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance. We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices. With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian.
Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise.
Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients.
Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines.
Purpose of the Job: The Assistant Manager is a key control and accountability role responsible for the oversight of the Client Due Diligence (CDD) framework for a Jersey-regulated funds business. The role ensures that investor and fund-related CDD is performed in line with Jersey AML/CFT legislation and the expectations of the Jersey Financial Services Commission (JFSC), particularly where activities are outsourced. The role reports into the Head of Investor Services, Jersey.
The role acts as the AML/CFT Subject Matter Expert across the Funds department for both investor onboarding and periodic reviews, with a particular focus on high risk investors.
Main Responsibilities:
- Review or perform CDD reviews on simplified, standard and/or high-risk investors/structures.
- Check relevant databases to ascertain whether potential client/investor is an existing client/investor.
- Review or prepare detailed structure chart to confirm controllers and owners up to Ultimate Beneficial Owner.
- Identify and advise Administrators of CDD deficiencies and agree approach to obtaining additional information.
- Assist with investor screening, appropriate checks, and prepare internal documentation/checklists as applicable.
- Maintain the investor CDD Tracker in respect of work undertaken.
- Provide support and guidance to team members.
- Deputise for the CDD manager when required.
- Liaise with the CDD Manager, FATCA/CRS and Compliance teams as required for guidance, advice and sign off.
- Ensure an awareness and understanding of local regulatory requirements, simplified, standard and enhanced CDD measures and apply appropriately.
- Have a strong understanding of cross-border jurisdictional CDD requirements.
- Being aware of risk exposure, ensuring risk/review/operational procedures are followed at all times.
- Escalate any issues/risks arising promptly to other members of the management team including Directors where appropriate.
- Perform other functions/activities by the CDD Manager or CDD Team and Global Funds as required.
Qualifications: Significant experience in CDD/KYC and AML/CFT (within a Jersey-regulated funds or financial services environment preferred, but not essential). Strong working knowledge of Jersey AML/CFT legislation and the JFSC AML/CFT Handbook (preferred but not essential).
Additional Information: All staff are expected to embody our three core values. These values underpin everything that we do and reflect the skills and behaviours we all need to be successful.
- AMBITIOUS: We think and act globally, seizing every opportunity to support our clients and staff - wherever in the world they may be.
- AGILE: Our independence from any financial institution gives us the flexibility and freedom to keep things simple, efficient and effective.
- COLLABORATIVE: We take the time to understand our clients' needs so that we can deliver personalised solutions every time.
Equal Opportunities for Everyone. Please let us know if there’s anything we can do to make the process easier for you. You can reach us at [email protected]. We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.
