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Home Business News Appointments

Could you be the next JFSC commissioner?

February 10, 2020
in Appointments, Business News, Financial Services, Jersey News, Legal & Professional Services
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The Jersey Financial Services Commission (JFSC) has a unique opportunity for a practising Jersey Advocate or Solicitor to join its Board of Commissioners.

The regulator currently has a vacancy for a member of the Board of Commissioners and needs a practising lawyer with a sound understanding and experience of the island’s legal system who can work for the public interest to help shape the financial services arena.

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The Board of Commissioners is the governing body of the JFSC. It is responsible for setting the organisation’s strategic aims, exercising statutory and regulatory powers, and ensuring that the necessary financial and human resources are in place for the JFSC to meet its strategic objectives and fulfil its statutory functions.

The Board’s responsibilities include keeping a careful eye at all times on the JFSC’s statutory responsibilities to protect investors, act in the best economic interests of the island, fight financial crime and maintain Jersey’s good reputation with its differing stakeholders.

As a Commissioner, the new appointee will participate in effective supervisory and regulatory change, exercise statutory and regulatory powers, and help protect and enhance the integrity of the island in commercial and financial matters.

Candidates should ideally possess an appreciation of the main issues, pressures, risks and challenges facing the financial services sector Jersey and globally; a high level of analytical ability, combined with an ability to take a wide view on regulatory matters and international standards; a high standard of honesty, probity, integrity, impartiality, transparency and objectivity; and an appreciation and understanding of innovation, flexibility and enterprise in Jersey’s finance industry.

Additionally, the legal candidate needs to understand the interaction between Jersey law and its practice and the exercise by the JFSC of its statutory powers, and will have to contribute a legal perspective to the JFSC’s wider work.

Five years residency is required and the closing date for applications is 18 February 2020. More information can be found at http://careers.jerseyfsc.org/vacancies/

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