Job Description
Role: Senior Support - Sanctions Specialist
Location: Guernsey/Jersey
Line of Service: Business Enablement - Risk, Ethics and Compliance
Grade: Senior Associate
Contracted Hours per Week: 37.5 hours
Housing Status Required: Local (Guernsey)/Entitled to Work/Entitled (Jersey)
PwC Channel Islands Overview
PwC is a highly dynamic professional services firm offering Advisory, Tax, Audit and other
assurance services to a large portfolio of international and local clients. The Channel Islands
firm employs 600+ staff in offices across Jersey, Guernsey and Alderney and is part of an
international network of 151 PwC firms employing over 364,000 staff.
Job Summary:
The Compliance Team plays a vital role in ensuring PwC CI complies with its regulatory
obligations under the Guernsey and Jersey Anti Money Laundering (AML) regulations and also
supports the firm in managing adherence to auditor independence and ethics requirements. We
do this by carrying out monitoring and testing of compliance with the Firms’ policies and
procedures; ensuring we keep those policies and procedures up to date and issuing a number
of reports to the Leadership team.
You will be part of a dynamic and tech-enabled compliance team, where innovation meets
expertise in a supportive and collaborative environment.
As a pivotal part of our firm, you will leverage the latest innovative technologies to navigate the
complexities of regulatory landscapes effectively. Our team culture emphasises mutual support
and continuous professional development, ensuring you have ample opportunities for coaching
and advancement. We are committed to fostering your growth and encouraging your journey
towards becoming a leading compliance expert in our industry. As part of our team you will have
the opportunity to drive process change and transformation.
Responsibilities:
In your role as a Sanctions and Financial Crime specialist, your responsibilities outlined below
will be delivered in conjunction with the support of resources within a PwC Poland Centre of
Excellence (CoE) as determined by the Compliance Manager/Senior Manager.
● Compliance analytics and monitoring (focus on sanctions compliance):
Execution of the following ongoing compliance monitoring activities:
○ Assist with the sanctions screening activities, including EU Sanctions screening
using Alteryx workflow.
○ Support with the quarterly sanctions screening monitoring programme.
○ Undertake all compliance monitoring activities pertaining to our Fiduciary
Licensee entity in Guernsey, as directed by the Compliance Senior
Manager/Compliance Director.
○ Maintain and monitor the list of remedial actions required following compliance
monitoring tasks in your areas of responsibility.
○ Update the breaches register for any findings identified.
○ Report status and updates in the monthly Money Laundering Compliance Officer
(MLCO) report to the Risk & Quality Committee.
○ Understand and conduct annual monitoring over the effectiveness of the firm’s
sanctions screening tools and technology.
● Compliance advisory
Providing support in respect of the following:
○ Dealing with policy queries from Lines of Service (LoS), the CoE and/or the KYC
Team.
○ Act as the first point of contact for sanctions-related queries and conduct initial
reviews before escalating to the Compliance Manager/Senior Manager.
○ The review of escalations: primarily Sanctions; and also Adverse News,
Politically Exposed Persons (PEPs), requests on an ad hoc basis.
○ Development of Sanctions and AML training materials for all Partners and staff,
the Centre of Excellence and/or the local KYC Team.
● Reporting to stakeholders
○ Complete and update all areas of the MLCO report which fall within your roles
and responsibilities (with a focus on Sanctions reporting).
○ Complete and update the Fiduciary Licensee Compliance Report.
○ Provide ad hoc support for updating compliance policies, updating the BRA as
well as undertake all other compliance monitoring activities pertaining to PSGL,
as directed by Compliance Senior Manager/ Compliance Director.
● Update and maintain compliance data
○ Prepare and validate sanctions data for all regulatory submissions to relevant
regulators, including the JFSC/GFSC.
○ Draft regulatory correspondence on sanctions and financial crime matters for
review by a Manager/Senior Manager.
○ Ensure sanctions-related datasets are accurate and up to date across all
compliance repositories, maintaining completeness and accuracy of sanctions-
related datasets e.g. updating and maintaining the completeness of the
Compliance Task Tracker, Compliance Regulatory Newslogger and the
Compliance Monitoring Plan in respect of your areas of responsibility.
○ Liaise with technology specialists to drive efficiency, accuracy and effectiveness
of the reporting process.
○ Develop a deep understanding of the CI regulatory environment: attend
regulatory and industry events with a focus on sanctions, documenting key
takeaways and submitting action points for review and implementation.
● Policies and procedures
○ Propose and draft updates to sanctions policies in response to regulatory
changes, network guidance, or internal policy forum recommendations.
○ Take ownership of and update process notes for areas of responsibility, ensuring
timely review and approval by the Compliance Manager/Senior Manager.
○ Prepare responses to regulatory consultation papers on proposed updates to
sanctions laws, regulations or policies, preparing summaries for internal
discussion and review.
○ Analyse thematic reviews and publications from the JFSC, GFSC, and Registry
on sanctions, preparing impact assessments for internal policy alignment.
○ Contribute to the quarterly and annual review of the sanctions section of the
Firm’s Business Risk Assessment (BRA), ensuring it reflects current risk
exposure and control effectiveness.
○ Provide ad hoc support in updating other compliance policies and procedures,
particularly those related to AML/CFT/CPF risk assessments and controls.
● Compliance projects
○ Support the delivery of key compliance projects with a focus on sanctions,
including the implementation of new processes, technologies, and policy
enhancements.
○ Track and report on the status of sanctions-related compliance projects, ensuring
timely delivery and stakeholder engagement.
Direct Reports:
● Manager - Regulatory & Engagement Lead
● Senior Manager - Deputy MLRO, Sanctions SME support, QMSE, Network Monitoring
and Reporting
Reports into this role:
● None
Qualifications & Certifications:
● A relevant professional qualification (i.e. ACCA, ICAEW).
● ICA Certificate or similar preferred (e.g. ACAMS); or Audit/Internal Audit Qualification; or
Legal qualification would be beneficial
Further study support is also available.
Skills & Experience Required:
Essential skills:
● Experience in compliance monitoring, audit or an internal audit environment in the
Channel Islands.
● Attention to detail.
● Methodical and organised.
● You will have an interest in learning, development and upskilling.
● Able to bring your own experience and ideas to a project, not being afraid to show your
unique perspective.
● You will be reliable and enthusiastic, someone who is able to strike the right balance
between working on their own initiative and updating leadership when appropriate.
Desirable skills:
● Good knowledge and understanding of the Jersey and Guernsey AML and Sanctions
regulatory requirements and how to apply them in practice for new and existing clients of
the firm.
● Strong written and spoken communication skills and strong interpersonal skills for
engagement with internal and external stakeholders, including employees, management,
and external stakeholders such as regulatory bodies; this should include the ability to
challenge and debate professionally.
● Ability to understand and interpret rules and implement the requirements in practice.
● Experience drafting, updating, and disseminating policy changes, reports, and
communications.
● Analytical skills for regulatory changes, processing risk updates and engaging with
consultation papers or thematic reviews.
● Proficiency / a keen interest in relevant systems and technologies, understanding
compliance software and tools that aid in monitoring, reporting, and managing
compliance-related data.
● Understanding of risk assessments and mitigation strategies.
● Self-motivated and proactive with good organisational and prioritisation skills to ensure
all allocated tasks are diarised, followed up and completed in a timely manner.
Travel Requirements:
This role may require you to travel between our Jersey and Guernsey offices from time to time
(circa 2-3 times per annum).
The skills we look for in our people:
All our people need to demonstrate the skills and behaviours that support us in delivering our
business strategy. This is important to the work we do for our business, and our clients. These
skills and behaviours make up our global leadership framework, The PwC Professional.
The PwC Professional focuses on five core attributes; whole leadership, business acumen,
technical capabilities, global acumen and relationships. We use this framework to recruit,
develop, and assess our people, at all grades and in all areas of our business, because we
expect all of our people to be leaders.
Diversity:
We work in a changing world which offers great opportunities for people with diverse
backgrounds and experiences. We seek to attract and employ the best people from the widest
talent pool as well as those who reflect the diverse nature of our society. We aim to encourage a
culture where people can be themselves and be valued for their unique strengths. Creating
value through diversity is what makes us strong as a business. https://www.pwc.co.uk/diversity