Guernsey present individuals interested in pursuing a career in the financial sector with a cornucopia of job opportunities in a variety of roles, including opportunities in compliance, accounting and trust management. Here’s a brief look at what you can expect.
Compliance job opportunities
As a compliance officer/manager, you will ensure that your financial institution complies with local and international regulations, including anti-money laundering (AML), and know your customer (KYM) requirements.
Alternatively, you could choose to explore a career as a risk and regulatory analyst. In this role, you will assess and manage the risks associated with financial transactions and ensure alignment with regulatory standards.
Another option you have is to become a data protection officer (DPO) where you will ensure compliance with data protection regulations such as the General Data Protection Regulation (GDPR) and focus on data privacy and security.
Accounting job opportunities
If you’re interested in banking, insurance or corporate services, a rewarding career as an accountant could be for you, where opportunities await from junior accountants to senior roles like financial controllers.
Another route you may wish to explore is to become an auditor. Here, you could work for audit firms or within large corporations to ensure financial records are accurate and comply with local and international accounting standards.
You could also choose a career as a tax advisor, supplying tax planning and advisory services, often dealing with complex tax structures for high-net-worth individuals and international businesses.
Trust and fiduciary job opportunities
You might consider taking up a career as a company secretary. Here, you’ll be responsible for ensuring that companies comply with statutory and regulatory requirements, maintaining corporate records and managing governance.
Or you could choose to become a fiduciary services manager, where you will oversee the management of fiduciary services including the administration of trusts, foundations and other structures.
And then there’s the option of becoming a trust officer/manager. In this position, you will manage trust structures and ensure that they are administered in accordance with legal and fiduciary duties.
Insights into the Channel Islands’ financial sector job market
Some of the professional qualifications in Guernsey that are highly valued are ACCA, ACA, STEP, ICAEW and ICA.
There is also an ongoing demand for professionals with experience in international finance, regulatory compliance and trust administration.
You can expect to be offered competitive salaries with higher-level positions offering attractive compensation packages, often including benefits such as housing allowances.
In conclusion
Whether you're looking to move to Guernsey or are already based there, the financial services sector provides a stable and rewarding career path.
Steve Kail, Executive Consultant at AP Executive, believes that the Guernsey financial sector job markets are highly promising. “Going forward, I’m very optimistic. The Channel Islands’ financial sector continues to offer exciting opportunities in the fields of compliance, accounting and trust management, funds and others, and I strongly encourage interested candidates to take advantage of them.”
