Job Profile:
Associate, Policy – Competitiveness and Reform
About us
We supervise the Island's financial services businesses - including financial institutions,
designated non-financial businesses and professions and virtual asset service providers for
anti-money laundering (AML), countering of the financing of terrorism (CFT) and countering
proliferation financing (CPF) purposes.
We also regulate financial services for conduct and prudential purposes. The JFSC is one of the
few regulators globally to benefit from the regulator and entity registries operating under a
single financial services commission.
Division: Policy, Innovation Hub and Marketing & Communication
These teams align together to support both internal and external aspects of the JFSC. The
Policy team keep domestic laws, regulations, and codes up to global standards. The
Innovation Hub is a facilitator of technology adoption both inside and outside of the JFSC,
supporting growth of Fintech, Regtech and Suptech. The Communications team delivers
internal and external communications designed to support the JFSC in meeting its mission.
Team: Policy
The Policy team is responsible for the development and maintenance of Jersey’s financial services regulatory framework. This includes laws, Codes of Practice, and guidance that supports the financial services industry in its work. The team works closely with other divisions within the JFSC, industry, the Government of Jersey, peer regulators, and international standard-setting bodies to ensure regulation is appropriate and does not unduly disadvantage Jersey’s financial services industry.
Role: Associate, Policy – Competitiveness and Reform, FTC Full time, 35 hours
p/w
The successful candidate will join the JFSC at a key stage in its development, as it seeks to play
an enhanced role in the continued success of Jersey as a highly regarded International
Financial Centre. This role is a fixed-term position, for an initial 18 month period and we are
open to considering secondment/loan arrangements for suitably qualified candidates. While
it is envisaged as a full-time position, we will consider part-time and flexible working options
including job share proposals.
The successful candidate’s priority will be to support the Senior Adviser – Competitiveness
and Reform on our work to reform how the JFSC charges industry. We recently commissioned
an independent report into our fees which provides a solid basis for taking forward a project
of reform. Our core aims are to ensure that our fees are simple and well understood by all
domestic stakeholders while also being aligned with our current and future organisational
need.
The successful candidate will build on the findings of the independent review, collecting and
analysing data to aiding our engagement with industry and supporting our senior decision-
makers’ thinking on changes to the fees regime. Tasks will include:
- Extracting information from our databases and systems, organising these into
coherent, manageable structures.
- Performing statistical analysis of data to identify trends, anomalies and insights.
- Producing reports and visuals (e.g. diagrams, chart and graphs) which communicate
information in an easy-to-understand format.
- Working with colleagues across the business to understand the work underpinning
our core activities and their associated charges.
- Developing options which increase simplicity, transparency or otherwise improve our
charging regime.
Are you suitable for this role?
The essential skills for this role include:
- Experience of interrogating data and information extracted from large databases to
identify trends and insights.
- Personal accountability including a capacity to manage to deadlines, sometimes under
pressure. We have tight timeframes and a lot to do with multiple stakeholders having a
perspective, so this is going to be high profile - and intense at points.
- Teamworking – an essential part of the role is being able to credibly engage and work
well with colleagues across the organisation.
- Presentation skills, including the ability to present and explain complex technical areas
and to respond to challenge on what can be sensitive topics.
- Excellent written English and drafting skills to cover consultation and feedback papers,
board papers, FAQs and Guidance documents.
The following experience / skills are desirable but not essential:
- A knowledge of the JFSC’s current fees framework, gained either from time in industry,
government or the regulator.
- This is not an accountancy position however a working knowledge and understanding of
finance and accounting concepts would be beneficial.
- Experience working in the JFSC, Jersey’s finance industry and/or Government of Jersey,
would be an advantage.
- Experience of working on reform or change projects in another regulator or organisation
of similar scale / complexity.
Why us?
Working in the JFSC will enable you to join a team people who have purpose, passion, and
pride. It offers the opportunity to work alongside people, who are passionate about
maintaining Jersey’s position as a leading International Finance Centre with high regulatory
standards.
This clarity on our purpose is incredibly motivating and we leverage our core values of:
Excellence, Professionalism, Respect, Integrity, and Teamwork to deliver our work. Our
people are proud of their work and their contribution to Jersey.
If you are looking to make a difference, have a unique working experience and contribute to
a bigger picture, then think JFSC; a diverse team of people who put their hearts and minds
into what they do and have some fun along the way!