Graduate Analyst - Enforcement Division

Principal Duties and Responsibilities:

General

• Working to ensure the Commission delivers high quality prudential, financial crime and conduct regulation within the Bailiwick of Guernsey including facilitating innovation and discouraging poor quality ventures.*
• Assisting to protect and enhance the Bailiwick’s international reputation* within the financial services sector in order to promote a regulatory environment in which good firms do good business.*
• Assisting with delivering PRISM risk based supervision, enforcement and policy creation.*
• Enforcement rotation – To assist the team with investigations into firms / individuals. Analytical Skills
• Assisting with conducting statutory investigations, including arranging and undertaking on-site visits to licensees to investigate reported breaches of the regulations, obtain evidence, conduct interviews,
• preparation of Notices, preparation for meetings; attending meetings; preparing accurate notes of meetings etc. in reasonable, proportionate, efficient and fair manner.
• Identifying, investigating and taking action against those conducting business in breach of regulatory and corporate regimes.
• Assisting in planning and attending on-site visits; conducting research, analysing and identifying key issues in information and data and considering matters to raise. Reviewing files, assessing risks and accurate minute taking.
• Analysing licensees’ periodic returns and financial statements and any other information which might affect their continuing ability to meet the licensing criteria.

Technical Skills – Legal Rotation

• Assisting with evaluating evidence and formulating reports of investigative findings for consideration by the Assistant Director and Director of Enforcement, containing clear conclusions and recommendations and include, where appropriate, relevant cases, and reputation risk.
• Investigating cases efficiently/time effectively, in compliance with Enforcement policies and priorities as laid down by the Commission.
• Producing affidavits, witness statements, obtain expert opinions, including analysis of information, etc. and be conscious of deadlines as set by the Director of Enforcement.
• Identifying whether external expertise/resource is required for investigations, if so, make recommendations
• to the Assistant Director or Director as appropriate. Communication and Written Skills
• Attending on-site firm visits to interview, as appropriate, licensees and responsible persons under investigation by the Enforcement Division.
• Assisting with preparing and presenting visit findings, feedback to licensees and following up matters raised.
• Managing the day to day running of their respective enforcement cases by liaising as appropriate with referring supervisory Division.
• Liaising with licensees, international regulators, other professionals, complainants and members of the public to ensure effective co-operation and exchange of information with regard to regulatory enforcement, disciplinary and financial crime enquiries/investigations.
• Producing written work which is accurate, clear and concise, that can be relied upon as a Commission record.
• Liaising with Supervisory Divisions and communicating with them concerning progress of enquiries and subsequent investigations that may impact on the Enforcement Division.
• Maintaining accurate, clear and concise completed records recording progress of investigations allocated to you, and decisions taken in respect of them by either yourself or the Assistant Director or Director.
• Ensuring written work can be relied upon as a Commission record. Professional Excellence and Cooperation
• Assisting with projects such as statistical exercises or reviews of procedures.
• Collaborating with others across the team and the Commission. Assisting with the training of new staff joining the organisation.
• Demonstrating an awareness of both Commission and Industry demands, developing a ‘can do’ attitude whilst taking personal responsibility for own workload, prioritising tasks and rescheduling as required.
• Taking responsibility for updating professional and technical knowledge, developing an understanding of regulatory laws, rules, codes and guidance.
• Completing all work promptly to a high standard, in line with team requirements, displaying a high level of attention to detail.
• Making constructive recommendations for change and improvement and assisting in the implementation of all change.

Other

Any other duties or responsibilities as may be required from time to time in context with the job and in relation to the services provided by the Commission.

This job description is provided as an outline of the duties and responsibilities of the post holder and will be reviewed annually in accordance with the Commission’s annual appraisal process and / or in light of any service development or changes.

*Quoted from Mission Statement.