Senior Statutory Administrator

• Primarily carrying out the Periodic Reviews of the client base (and other Operating entities within the Group, as may be required)
• Check on outstanding matters/tasks on client files which need to be addressed.
• Ensure that all client records (including CDD) are complete, accurate and up to date in accordance with policies and standard procedures.
• Where appropriate, i.e. update the permanent records, files and database keeping a record of updates to document within the review form and to establish common findings.
• Provide a list of missing items so that this can be taken up with the Administrator responsible for the client relationship.
• Identify any unusual patterns of behaviour which are not in line with the expected activities or intended nature of the business relationship as documented in the client profile, risk assessment and other records held on file and report as appropriate, including raising any internal suspicious activity reports with the MLRO as necessary.
• Highlight to the Private Client Director the need for any staff training or other actions which may be considered necessary if common errors are identified.
• Escalate any non-compliance issues relating to applicable laws and/or policies and procedures to the Compliance Officer and Private Client Directors.
• Assist New Business take on; transfer-in and transfer-out.
• Preparation of reports to Management and/or the Board on the review process and statistics.
• Perform Periodic review for other Operating entities within the Group, as may be required.
• Management of the Action Point schedule and monitoring of the progress to close action points.
• Reporting Monthly to the Admin teams on AP and PR to be performed.
• Reporting Monthly Action Points closure progress and highlighting trends and issued to the Board and Compliance.
• Responding to enquiries and requests from internal stakeholders.
• Statutory administration as required including set up of entities and closures.
• Abiding by and contributing to the development of the function's procedures to ensure consistency in service and standards.
• Remaining abreast of jurisdictional statutory changes that could impact your role.
• Maintaining an awareness of changes to the relevant financial, legal and regulatory framework within which the company operates.
• Any other elements of reviews monitoring and reporting as maybe identified or required from time to time by the Board and Compliance.
• Consider, at all times, the AML/CFT and “Customer Due Diligence” issues and report any concerns as appropriate.
• Completing and inputting time in the time billing system daily.
• Completing any other duties as may be required from time to time in accordance with the requirements of the role, team and evolving nature of the function.
• Provide assistance within the Compliance Team where necessary.

• 5 to 10 years industry experience, preferably in company and trust administration and in particular audit or file reviews.
• Advanced knowledge of the global business and fiduciary services sector and in particular the products and services.
• Sound knowledge and understanding of the legal and regulatory requirements and anti-money laundering framework in the Isle of Man.
• Good written & verbal communication skills.
• Ability to work independently and as part of a team to achieve the required results.
• A proactive approach to work & the ability to work under own initiative.
• Positive attitude with problem solving ability.

Your specialist: Debbie Amankwa

Quote job ref: 15959

Hi, I'm Debbie and I look forward to receiving your submission for this fantastic opportunity with this business.

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