IS YOUR CV READY?
You can help bring more online brokers onshore!
In July last year, Vanuatu’s legislators made a substantial change to the law governing offshore companies working in our local financial industry. Starting in 2022, financial dealers operating online under a Vanuatu license will need to have a physical presence in the country, with at least one director working locally as its point of contact and representative. There are currently about 145 licensed financial dealers in Vanuatu. In a few months, only those who establish a physical presence in the form of a resident director will be allowed to continue operating here.
As an authorised agent for the Financial Dealer Licensing (FDL) program, AJC is now recruiting Vanuatu residents to act on behalf of online brokers who wish to comply with the new legislation – and keep their licenses. This is where you come in. Persons hired to become resident directors will act as officers for their respective companies. This is a position of responsibility and requires a corresponding educational background and relevant experience as detailed below.
An opportunity for you!
If your profile is selected by one of our clients, you will become its face in Vanuatu, working full time at its local headquarters with the company’s executive team. You will be responsible for overseeing day-to-day office operations and ensuring full compliance with Vanuatu laws and regulations. You will act as a point of contact for authorities and regulators, with the full support of AJC. Your compensation will be in line with other professionals working in in the global financial sector. Although several positions will need to be filled, we don’t have a definitive number as some of our clients have yet to confirm their intention to come onshore. However, the quality of the candidates we show them may help convince them to make their move; so go ahead, send us your application!
A chance to help Vanuatu!
These representative positions are critical to financial dealers who want to keep their Vanuatu license, so you will be instrumental in enabling them to continue their operations here. This in turn generates immediate and spinoff business activity and employment, and provides a significant boost to our economy.
Change for good!
By transitioning from an offshore finance centre to an onshore fintech hub, Vanuatu is repositioning itself at the forefront of a global trend towards embracing openness and transparency, with a regulatory framework that meets or exceeds global standards. This makes our country more attractive to the type of serious, motivated entrepreneurs we need to build thriving businesses in our community, spur investment, create jobs, and support education and training for the long term.
Key Skills Required:
• Must be residing in Vanuatu or prepared to become a resident upon taking the role.
• A minimum of 5 years of experience are required in the financial services sector.
• Proven management and communication skills are key.
• Proficient in written and spoken English.
• Must be familiar with cloud-based software and highly proficient in technology.
Candidates with a degree in finance, economics, software development,
engineering, MBA, or other relevant fields will have an added advantage.
• Well-versed in the rules and regulations of the Vanuatu Financial Services
Com mission (VFSC) and the Vanuatu Financial Intelligence Unit (VFIU).
• Solid analytical and logical thinking.
• Excellent presentation and problem-solving skills.
• A good understanding of financial markets, online trading, Forex, leveraged
investment, commodities, crypto currencies, stocks, indices, P&L, balance sheet, etc.
Job Offer
• Work in Vanuatu, with an international company
• Unique opportunity to grow your career
• Wages in the financial services are much higher than in most other industries
