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Financial Services Commission Turks & Caicos Islands

Senior Legal Officer

Financial Services Commission Turks & Caicos Islands

  • Turks and Caicos Islands
  • See description
  • Fixed term contract
  • Updated 05/02/2025
  • HR

Senior Legal Officer

JOB TITLE:        SENIOR LEGAL OFFICER

DEPARTMENT:  Legal (Executive)

LOCATION:       Providenciales

 

 

1.0       JOB SUMMARY

 

This professional position has  responsibility for  providing appropriate legal  advice  and  support to  the Turks  and Caicos  Islands  Financial  Services  Commission as it relates  to a wide range of financial  services and  regulatory  matters. Additionally, the  post  holder  must  provide leadership and  supervision of  Legal Officers junior to the position and provide accurate  interpretation and applications of all legislation  which the Commission is required  to administer and  other  relevant  legislations.   The  incumbent will be located at the Commission's Providenciales Offices; however, the  officer  may be required to work  from  the Commission's Grand  Turk   office,   as  may  be  required.   The   officer   may  be  required  to  undertake international travels  for work  and/ training.

 

 

 

2.0        QUALIFICATIONS & EXPERIENCE:

 

This  position requires  that the  job holder  possess  at a minimum:

 

i)           A Bachelor of Law or its equivalent,

 

ii)         A Legal Profession Certificate or its equivalent, and

 

iii)        At least seven  years  post  qualification experience/ on  the  job experience to acquire  the  necessary competencies to effectively  respond to the challenges  of the functions

 

 

Post  Qualification Experience should  include:

 

i)            Drafting of contracts, policies and memoranda of understanding

 

ii)         Drafting of legislation  and instructions to Government Agencies

 

iii)        Management and supervision of junior Legal Officer(s) and administrative staff iv)     Interoperating commercial and financial  services legislation

 

 

3.0       KNOWLEDGE  AND SKILLS:

 

The  job holder  should  at a minimum be able to demonstrate the following:

 

i)            Knowledge of legal practices  and procedures.

 

ii)         The  highest  level of confidentiality at all times.

 

iii)         Ability to  work  independently   and  under  pressure,  to  manage  multiple  concurrent   tasks and responsibilities, and to deal with changing priorities.

 

iv)         Ability to interpret  and apply complex rules and regulations.

 

v)           Ability  to  utilise Justis,  Lexis  Nexis,  Thomas   Reuters,  or  another   comparable  legal  research platform.

 

vi)         Ability to prioritise and manage multiple projects and initiatives. vii)        Excellent research, analytical, writing, and communication skills. viii)      Ability to utilise Microsoft Office Suite products.

4.0          REPORTING AND ORGANISATIONAL RELATIONSHIPS Reports To:               Nature  of Supervision Received:

 

Directly:

Legal Advisor / Director                                        Supervision   as  necessary   to  keep   informed   and   to monitor  effectiveness of the Department's legal work programme.

 

Supervision Given To:                                                                            Nature  of Supervision Given: Directly:

Legal Officer(s)                                                        Establishment  of  work  programme   and  workflows  to enable appropriate  legal support  as many be required

 

 

Supervise Legal Officer(s) work programme

 

 

Liaises  With:

 

 

 

Internally:

Legal Advisor/Director Internal Auditor Directors of Department Registrars

Supervisors

All Staff Members


Externally:

Courts of Law

Attorney General's  Chambers Government Departments and Agencies Domestic  and International Regulators Financial Crimes Unit (Police)

Domestic   and  International  Financial  Institutions   and

Organisations

 

5.0        KEY DUTIES & RESPONSIBILITIES

 

Legal  Duties and Responsibilities

 

1.            Provide general  legal advice on matters  relevant  to and affecting the Commission.

 

2.            Conduct research, prepare analysis, consult  with  stakeholders and  draft  the recommended  policy or recommendations

 

3.            Draft and  negotiate commercial agreements, leases, licenses  and  Memoranda of Understanding, and other  legal documents.

 

4.            Provide advice on, and assist in the preparation of, policies, procedures and guidance notes.

 

5.            Advise and represent the Commission in civil proceedings and proceedings before  the TCI  Courts and Tribunals.

 

6.            Assist other  departments in handling compliance matters  and issues  relating  to the supervision of licensees  as instructed by the Commission.

 

7.            Institute and assist with the conduct of enforcement actions, including the drafting of such Orders and  Notices, as may be required.

 

8.            Provide drafting instructions for amending relevant legislation  and  for the implementation of new initiatives, procedures and guidance notes,  as may be required.

 

Supervisory Duties and Responsibilities

 

9.            Provide leadership and supervisory support to relevant  junior officer(s)

 

10.         Develop, monitor, supervise and evaluate  the work  assigned  junior officer(s)

 

Administrative Duties and Responsibilities

 

11.         Provide appropriate, accurate  and timely reports of workflows to the Director

 

12.         Co-ordinate and execute  requests  for assistance from  foreign  and domestic regulatory  authorities.

 

13.         Assist with  the preparation and conduct of industry  education and information events

 

14.         Maintain  the Commission's Enforcement, Cooperation and Complaint's data bases

 

 

The   incumbent  shall  also  be  required  to  assist  the  Director  with   any  duty   (Legal,  Supervisory or

Administrative) as may be assigned  from  time to time.

 

APPLICATION DEADLINE: 5TH MARCH 2025

Ref: Senior Legal Officer

Financial Services Commission Turks & Caicos Islands

Financial Services Commission Turks & Caicos Islands

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