Saint Helier, St Helier, Jersey

Client Due Diligence Administrator

 Job Description:

Client Due Diligence Administrator

Jersey, United Kingdom


You will utilise your skills and experience to ensure that all requisite due diligence and tax transparency documentation and information is received by , collated and recorded in line with AML / CFT and FATCA / CRS legislation as well as ensuring that appropriate regulatory monitoring and reporting is fulfilled in line with regulatory requirements. The portfolio of clients comprises inter alia venture capital, private equity, real estate and fund of PE funds, and structures include both open and closed ended funds and related entities.

The postholder will ensure that at all times clients receive a premier and proactive service, and that all due diligence activity is identified, prioritised and handled in an efficient, confidential and sensitive manner and that clients receive consistent high levels of service.

  • Be responsible for the attainment, the subsequent review and in principle approval of all due diligence (in line with AML and CFT legislation) and tax transparency documentation and data (in accordance with FATCA and CRS obligations) (collectively CDD) on funds and related structures serviced together with their investors and shareholders;
  • Attain the necessary CDD documentation and data to meet regulatory and the Group requirements, liaising with the client service teams and / or the client / investor directly as appropriate. Review the CDD documentation and data and prepare the appropriate checklists, satisfying yourself that all requirements have been met (or highlighting any discrepancies) before passing to a Director for review and approval: the file then requires final review and sign-off by the Director of Funds Governance;
  • Ensure all high risk investors / clients are correctly identified as such and that enhanced due diligence procedures are implemented and adhered to throughout the life of the relationship;
  • Assist in the preparation of regulatory reporting for client entities;
  • Assist in the ongoing monitoring of client entities preparing, for example, periodic reviews and compliance monitoring plans;
  • Assist with the investigation of AML and sanctions alerts, escalating where appropriate;
  • Keep up-to-date with changes in regulatory requirements liaising with the Funds Governance function to identify and implement any resulting changes to requirements and procedures. alerting the client facing team managers as appropriate;
  • Develop and maintain first class professional relationships with each client / investor, ensuring that all written, verbal and face-to-face communications are handled in an appropriate professional, efficient and timely manner;
  • Provide guidance and act as a point of referral for other members of the Fund Services department with regard to the attainment, review and completion of due diligence on investors and other connected parties, inclusive of obtaining tax transparency documentation. Liaise with the Funds Governance function to obtain the approval of CDD checklists;

Must be a Jersey resident to apply

  Required Skills:

Capital Legislation Transparency Regulatory Requirements Due Diligence Structures Real Estate Investigation Tax Reviews Documentation Preparation