Technical Specialist, Technology Supervision Unit
- Employer
- Guernsey Financial Services Commission
- Location
- Guernsey (GB) (GG)
- Salary
- Competitive
- Closing date
- Feb 21, 2025
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- Job Function
- Accounting/Audit/Tax, Banking, Compliance/Regulatory, Corporate Finance, Economics, Insurance
- Industry Sector
- Central Bank, Regulator, Fintech/Insurtech, Information Technology, Software, Insurance, Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
Job Details
The Guernsey Financial Services Commission is recruiting for Technical Specialists to join the Technology Supervision Unit (“TSU”) within the Banking and Insurance Division.
The Technology Supervision Unit (“TSU”) is a new unit within the supervisory area of the Commission that will provide technical support, resource and advice to the supervisory and policy Divisions within the Commission. The TSU’s main focus is the use, by industry, of all aspects of technology including but not limited to industry’s use of AI tools, Blockchain, Compliance Screening Systems, Cyber Security Systems as well as traditional Data Management tools and Systems Architecture. As the sophistication of licensees’ use of technology increases, the knowledge base of the TSU will also need to increase.
As a supervisory unit, members of the TSU will be working alongside their colleagues in all the supervisory divisions, conducting both on-site and off-site reviews both as part of Full Risk Assessments and Thematic work. Supervision will remain at the heart of the work carried out by the TSU.
The successful candidates will report into the Deputy Director in the Banking and Insurance Division.
Highlights of the role include:
- Leading with aspects of on-site supervision where necessary including:
- Planning and co-ordinating on-site visits, ISRs and Thematic reviews.
- Considering matters to raise with licensees.
- Personally leading on-site visits, according to the nature of the on-site visits and the skills and experience required.
- Reviewing post-visit feedback by the Senior Analysts and Analysts and following up on matters raised (responsibility shared with the Assistant Directors and Deputy Directors).
- Consideration, with the management teams, of findings and trends emerging from on-site visits and developing the structure of the on-site programme as necessary.
- Leading on-site visits using in depth questioning to obtain specific information to ensure thorough analysis is carried out.
- Preparing and presenting on-site visit findings, feedback to licensees and following up matters raised.
- Preparing and presenting cases to the Risk Governance Panels and sitting as a member of Risk Governance Panels.
- Leading the Commission’s review of use of technology by firms including but not limited to AI tools, Blockchain, Compliance Screening Systems, Cyber Security Systems as well as traditional Data Management tools and Systems Architecture.
- Assisting with the development of the supervisory policy framework in relation to the use of technology.
- Assessing trends and supervisory themes with Supervisory Directors and Deputy Directors.
- Preparing briefings and reports to colleagues as part of wider supervision of industry.
Company
The Guernsey Financial Services Commission is the regulatory body for the finance industry in the Bailiwick of Guernsey. We seek to secure good regulatory outcomes with integrity, proportionality, and professional excellence; thereby generating confidence in the Bailiwick as a jurisdiction.
We are an independent public body funded entirely by the licensees that we regulate by charging them fees. We are accountable to the States of Guernsey which is responsible for the Bailiwick’s financial services industry and for establishing the regulatory regime. The Commission comprises of over 130 staff members from a range of disciplines and backgrounds but all sharing the aspiration to uphold standards in the Bailiwick.
- Website
- https://www.gfsc.gg/
- Telephone
- 01481712706
- Location
-
Glategny Court
Glategny Esplanade
St. Peter Port
Guernsey
Channel Islands
GY1 3HQ
United Kingdom
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