HEAD OF Compliance and Registered Compliance Officer

The key objective of the Compliance team within UBP, SA Jersey (‘UBPSAJ’ and its Key Persons complies fully with all its legal and regulatory obligations relating to Financial Services, AML/CFT and Data protection. Primary focus will be on regulatory compliance assessing the conformity of Laws, Regulations together with internal Directives and procedures in conjunction with legal obligations and best practices applicable to the entity and the activities that are undertaken.

• Reporting to the Branch Manager and UBP UK Chief Compliance Officer and Group Heads of Compliance and Financial Crime
• Acting as the Registered Compliance Officer
• Managing, supporting, overseeing the Compliance Team / MLCO and MLRO
• Leading the team and working with Man Co in providing independent assurance that all Jersey SA Compliance/Financial Crime and regulatory risks are captured, measured, monitored and managed within the UBP Group risk appetite and processes adhere to local regulatory requirements.
• Working closely with Man Co members, local business unit heads and staff on mitigating Compliance, Financial Crime and regulatory risk; and to contribute broadly to the enterprise-wide risk management objectives in the business as part of an effective second line of defense team.
• Take on regulatory authorisations (whether permanent or from time to time as business needs arise due to gaps between staff departures and recruitment)
• To assist as required in coordinating and leading responses and reporting to the Jersey Financial Services Commission and provide support and guidance, as required, for responses and reporting to other regulators within the UBP Group.
• To act as the focal point as regards developments in the regulatory regime in Jersey adopting and implementing best practice and the highest standards across UBP.
• Working with the UBP UK Chief Compliance Officer and UBP UK Head of Financial Crime to deliver a robust Compliance programme in Jersey engaging with the UBP UK Compliance team as required.

• Responsibility for delivering a robust second line of defense for UBP SA, Jersey Branch business lines on an advisor, enabler and enforcer model. Leading the Jersey and the wider UBP participation in projects as appropriate.
• Ensure open and efficient communication with the firm’s regulators (primarily JFSC), by ensuring effective liaison between UBP SA Jersey Branch and the regulators; and with the business to promote best practice and ensure good understanding of compliance requirements. (Prudential regulation is a primary function of the finance team but relationship and registration aspects sit with Compliance).
• Work with the MLRO & MLCO to ensure open and efficient co-operation with relevant Financial Investigation Units
• Support new business initiatives with quality advice and challenge to ensure they consider Compliance implications.
• Responsibility for the delivery of aspects of the Compliance processes and the subsequent implementation and maintenance.
• Responsibility for assisting in the identification, investigation and resolution of regulatory breaches.
• Communicating effectively and constructively with the Compliance team and with all parts of UBP SA, Jersey Branch and with UBP UK and Geneva Compliance.
• Responsibility for the production and distribution of Compliance Reporting, MI and communications.
• Assist the wider Compliance and Financial Crime Team in UBP UK and Geneva and manage day to day compliance related regulatory communications, and other required actions.
• Encouraging a culture of upholding the UBP Group brand values and supporting a culture of compliance with policies, appropriate risk management and the principle of treating…