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Overview

Our Client is a leading, long-established Funds, Trust and Corporate Services, and Private Client business with sustainability at its core, that stands out in a crowded marketplace to deliver sustainable excellence. Their local office is seeking a Senior Statutory Administrator to join the Statutory team.

As Senior Statutory Administrator here you will primarily be carrying out the Periodic Reviews of the local client base (and other operating entities within the Group, as required) which forms part of the company's ongoing monitoring programme.

• Check on outstanding matters/tasks on client files which need to be addressed
• Ensure that all client records (including CDD) are complete, accurate and up to date in accordance with the company's policies and standard procedures. Where appropriate, update the permanent records, files and database keeping a record of updates to document within the review form and to establish common findings
• Provide a list of missing items so that this can be taken up with the Administrator responsible for the client relationship
• Identify any unusual patterns of behaviour which are not in line with the expected activities or intended nature of the business relationship as documented in the client profile, risk assessment and other records held on file and report as appropriate, including raising any internal suspicious activity reports with the MLRO as necessary
• Highlight to the Private Client Director the need for any staff training or other actions which may beconsidered necessary if common errors are identified
• Escalate any non-compliance issues relating to applicable laws and/or company policies and procedures to the Compliance Officer and Private Client Directors
• Assist New Business take on; transfer-in and transfer-out
• Preparation of reports to Management and/or the Board on the review process and statistics
• Perform periodic review for other operating entities within the Group, as may be required
• Management of the Action Point schedule and monitoring of the progress to close action points
• Reporting monthly to the Admin teams on AP and PR to be performed
• Reporting monthly Action Points closure progress and highlighting trends and issued to the Board and Compliance
• Respond to enquiries and requests from internal stakeholders
• Statutory administration as required including set up of entities and closures
• Abiding by and contributing to the development of the function's procedures to ensure consistency in service and standards
• Remain abreast of jurisdictional statutory changes that could impact the role
• Maintain an awareness of changes to the relevant financial, legal and regulatory framework within which the company operates
• Any other elements of reviews monitoring and reporting as maybe identified or required from time to time by the Board and Compliance

The ideal candidate for the role of Senior Statutory Administrator will have:

• 5 to 10 years' industry experience, preferably in company and trust administration and in particular audit or file reviews
• Advanced knowledge of the global business and fiduciary services sector
• Sound knowledge and understanding of the legal and regulatory requirements applicable to the anti-money laundering framework in the Isle of Man
• Good written & verbal communication skills
• Ability to work independently and as part of a team to achieve the required results
• A proactive approach to work & the ability to work under own initiative
• Positive attitude with problem solving ability
• Good time management, prioritisation and organisational skills
• Ability to work accurately with good attention to detail
• Excellent Viewpoint knowledge an advantage