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<span>MLRO/MLCO & CO</span>


Other Guernsey, Guernsey Full-time
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.

Job Description

Purpose of the job

The incumbent will work collaboratively and pro-actively within the Compliance team in Guernsey and will include holding prescribed roles within the business. The Company provides the full range of trust and company administration and accounting services.

The position carries the responsibility for acting as the registered Money Laundering Reporting, Money Laundering Compliance Officer, and Compliance Officer (“MLRO, MLCO & CO”) for Trust Corporation of the Channel Islands Limited(“TCCI”).

Main Responsibilities

  • Acting as MLRO with responsibility for receiving disclosures from staff and taking appropriate action, including making suspicious transaction reports where necessary and liaising directly with the Financial Intelligence Services (FIS)
  • Acting as MLCO to ensure the firm’s compliance with its obligations as detailed below:
  • Overseeing the Compliance Monitoring Program, monitoring and testing and implementation of AML and CFT policies, controls and systems in place to assess their appropriateness and effectiveness;
  • Investigating any matters of concern or non-compliance arising from the firm’s compliance review policy;
  • Establishing appropriate controls to mitigate any risks arising from the firm’s compliance review policy and to remediate issues where necessary and appropriate in a timely manner;
  • Reporting periodically to the board on compliance matters, including the results of the testing undertaken and any issues that need to be brought to the board’s attention, and
  • Providing training on CMP findings as appropriate.
  • Acting as a point of contact with the Commission and to respond to any queries in a timely manner.
  • Providing compliance sign off on all High Risk and Pep reviews, onboarding and closure checklists.
  • Acting as CO to monitor the firm’s compliance with the prescribed requirements under the scope of its regulatory license(s). 
  • Contribution to management matters or specific projects as required.
  • Contribution to the delivery of specific regulatory related business projects, reviews and initiatives.
  • Working with the senior management team to set overall objectives and compliance agenda including strategic aspects and helping to enable an open and collaborative compliance culture.
  • Providing relevant regulatory training to small groups of staff.
  • Member of Risk and Compliance Committee
  • Attendance at Senior Leadership meetings

Other Responsibilities

  • Protect the confidentiality, integrity and availability of all information on Ocorian, its clients and employees at all times to safeguard the professional reputation of Ocorian, its employees and its clients.
  • Accurate time recording in accordance with Ocorian Policies & Procedures.
  • Comply with all information security policies, procedures and guidelines in place at Ocorian to ensure information security.



Qualifications Required

Knowledge, Skills & Experience

  • Detailed knowledge of compliance with the Guernsey Handbook and Fiduciary regulatory frameworks
  • Professionally qualified with at least 10 years expertise in financial services regulatory compliance and corporate governance.
  • Deep knowledge of applicable financial services laws and regulations
  • Knowledge of AML and CFT laws and regulations
  • Solid understanding of the administration of trusts, funds and companies, estate and succession planning.
  • Strong corporate governance experience and demonstrable ability to operate at board level.
  • Excellent written and verbal communication skills, including experience of public speaking at conferences and seminars.
  • Experience of delivering in-house training and seminars on technical regulatory matters.
  • Strong interest in staff development and mentoring at all levels.
  • Strong commercial acumen.
Additional Information

All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful.  These are:

  • We are CLIENT CENTRIC – Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges.
  • We are AMBITIOUS – We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be.
  • We are AGILE – We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective.
  • We are COLLABORATIVE – With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes.
  • We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships.