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Senior Administrator - Compliance Monitoring/Assurance Team

JTC
On-site
Isle of Man, Isle Of Man

Team Overview           

To ensure JTC Group (PCS) has robust compliance monitoring arrangements in place for complying with relevant regulatory requirements and internal policies and procedures.

Purpose of job

To act as a member of Compliance Monitoring/Assurance Team, supporting the Head of the Centralised Functions in maintaining and managing JTC PCS’s Compliance Monitoring/Assurance Framework.

Main Responsibilities

  • Responsible for conducting second line of defence, risk-based monitoring activity, across all areas of the PCS business, in line with the Compliance Monitoring Programme
  • Assisting with ensuring that the Compliance Monitoring Programme is aligned to the Business Risk Assessment of each PCS jurisdiction in order that the testing is focused in the correct areas

  • Ensure where areas are considered higher risk they are monitored more often

  • Ensure that the testing is carried out in line with the Compliance Monitoring Programme

  • Where necessary instigate action to remedy any deficiencies and ensure any deficiencies identified are followed up and closed off in a timely manner

  • Gathering of evidence, feedback, drafting of reports and tracking the outcomes of testing

  • Ensure that the Compliance Monitoring Programme is reviewed and updated at least annually

  • Assisting the Head of Centralised Functions with their responsibilities including producing accurate management information/reports detailing how the business is doing in meeting their regulatory/internal obligations.

  • Provide support to more junior members of the team  

  • Ensure own knowledge of, and compliance with JTC policies and procedures

  • Maintain an up to date understanding of the relevant legal and regulatory requirements

  • If applicable adhere to CPD requirements in accordance with regulatory requirements and in-house procedures

  • Attend relevant seminars and conferences

  • Adhere to JTC core values and expected behaviours

  • Undertake any other duties as deemed necessary by Management