Client Due Diligence Administrator at JTC Group

Purpose of Job

To support the new business take on of investors and ensuring that new investors are signed off in accordance with Guernsey regulatory guidelines in respect of AML and CFT.

Knowledge of all investor types, structures such as trusts, companies and GP LP structures is required as well as Enhanced Due Diligence and the specifics around permissible low risk relationships such as Intermediary agreements is essential.

Key Accountabilities

• The timely and accurate capturing, execution and settlement of all investor subscription, redemption and switch transactions
• The correct execution of all share/unit transfers
• The calculation of trail, rebate and introductory commission calculations and payments
• The calculation and payment of all income distributions, side pocket and liquidating fund redemptions & distributions
• The performance of full reconciliation processes and managing Client Money within regulatory guidelines
• The accurate maintenance and monitoring of all shareholder data including customer due diligence and know your customer information retention
• The preparation of the relevant investor reporting files to SARS
• The production of MI reporting as requested
• Performing a customer service role in shareholder query resolution, Manager and investor related query resolution and reporting.
• Ensure complete and accurate documentation of all processes
• Ensure the take-on and establishment of new accounts occurs in a timely manner and that they are completed within the prescribed AML, KYC and CDD procedures
• Ensure that the database and underlying KYC is accurate and up to date. This includes assisting in projects to obtain missing KYC and CDD data where instructed to.
• Ensure accurate input, maintenance and control of the client core static data in the system in line with departmental procedures, ensuring it is successfully second released and checked.

Knowledge, skills and experience required:

• Tertiary Qulaification (Preference to Law)
• Knowledge of or willingness to learn the requirements of the Guernsey Anti Money Laundering
• Knowledge of AEOI regimes would be advantageous but not essential
• Excellent written and communication skills;
• Good client relationships, team work and organisational skills.

We are JTC, a publicly listed, award-winning provider of fund, corporate and private wealth services to institutional and private clients. Established in 1987, we have over 700 people in offices in multiple jurisdictions across six continents. With a culture that strongly focuses on the development of our employees, we value our employees' commitment to their career and support them in pursuing professional qualifications and ongoing learning opportunities.

If you would like to join team JTC, please apply on line (applications will only be accepted if made through the online portal). Should you not hear from us after 2 weeks, please consider your application unsuccessful.