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Red Snapper Recruitment are recruiting for a Senior Supervisor on behalf of Jersey Financial Services Commission (JFSC).

JFSC are responsible for regulating, developing, and supervising Jerseys financial services industry for AML/CFT/CPF (Anti-Money Laundering, Combating the Financing of Terrorism & Countering Proliferation Financing). The successful candidate will join the JFSC at a key stage in its development, as it seeks to play an enhanced role in the continued success of Jersey as a highly regarded International Financial Centre.

The Prudential Supervision team is a new addition to their Relationship Managed Supervision teams and provides an excellent opportunity to help shape how the JFSC implements its approach to forming views on the business model sustainability, analysing prudential returns, financial accounts, and interviews with Senior Leadership executives, to understand their prudential risks and mitigation strategies. You will work with Supervision and Policy colleagues to develop the prudential framework and will lead the JFSCs communication and stakeholder management for prudential supervision.

Location: St. Helier, Jersey
Salary: £74,700 - £80,925
Vacancy type: Permanent
Hours: Full time

Main duties and responsibilities

* Effective use of the JFSCs risk model, when identifying escalating levels of risk, with appropriate follow up action being demonstrated.

* Driving the JFSCs risk analysis of regulated sectors financial resources.

* The analysis of the financial risk profile of an entity and working with supervisors to integrate your assessment into the overall JFSC firm risk profile, this includes identifying capital and liquidity risks and recommend supervisory management strategies.

* Developing supervisory strategies for capital and liquidity risks identified.

* Active involvement in identifying, recommending, and implementing continuous improvements to internal working practices and procedures.

* Ensuring activities are completed in line with agreed processes, SLAs and measures that matter for quality, timeliness, and efficiency.

* Supporting the Senior Manager in coaching and developing colleagues within the team to ensure we have the right expertise within JFSC in relation to business model sustainability.

* Actively support with the ongoing performance management of team members to ensure a consistently high standard of output.

* Establishing and maintaining regular communication with stakeholders in the JFSC and wider Jersey agencies, such as the Jersey Resolution Authority (JRA), and other regulators.

* Supporting the Director of Relationship Managed Supervision in meetings with the JRA and Government Bodies on the delivery of our supervisory program related to prudential matters

* Maintaining a cooperative relationship with the finance industry associations, key banks, and other financial Institutions for a wide variety of prudential matters.

* Coordinating meetings and steering the discussion of JFSC expert groups on issues related to prudential policy with focus on the strategic themes.

Person Specification

* This role would suit an individual with a strong interest in business model sustainability with knowledge of supervision and prudential policy developments and a good understanding of the broader macro environment and risks to entities business models.

* Proven experience of prudential skills, in particular experience of the technical aspects of regulation relating to capital and liquidity and experience in regulatory and/or supervisory roles.

* A strong knowledge of International regulatory standards, together with an understanding of the Jersey regulatory framework, legal structures, and product offerings.

* Ability to represent the JFSC credibly and professionally in both internal and external meetings.

If you would like to be considered for this position and have the relevant experience, then please email your CV to [Apply online].

Due to the high volume of applications received, if you do not hear from us within 7 working days, I am afraid your application has been unsuccessful.

RSR is a public safety, housing & enterprise security recruitment specialist. We assist public safety & housing employers find the right talent. We assist all employers when they want to source public safety, housing and enterprise security skills and experience.

Red Snapper Recruitment is a member of the Red Snapper Group.

The Red Snapper Group acts as an employment agency (permanent) and as an employment business (temporary) - a free and confidential service to candidates.

The Red Snapper Recruitment Group is an equal opportunities employer