Senior Compliance Manager
- Recruiter
- Cpl.
- Location
- Dublin South, Ireland
- Salary
- Competitive
- Posted
- 17 Apr 2019
- Closes
- 17 Apr 2019
- Ref
- 1799679
- Job role
- Accountant
- Sector
- Accounting - Public practice
- Experience level
- Manager
Senior Compliance Manager
The Role
The Head of the Compliance function and relevant PCF is the Head of Finance & Compliance. The Head of Finance & Compliance has responsibility for implementing the Board-approved compliance programme which includes monitoring and testing of compliance and associated reporting to management and the Board. The Head of Finance and Compliance is also the Board-appointed Money Laundering Reporting Officer under the Board-approved Anti-Money Laundering (AML) programme.
Reporting to the Head of Finance & Compliance, the Senior Compliance Manager will be responsible for managing the Compliance function, developing and delivering the Board-approved Compliance programme and reporting to management and the Board. The Compliance programme includes the AML programme.
Key activities/deliverables include:
Compliance Programme
Compliance Culture/Change Management
Anti-Money Laundering / Countering Terrorist Financing
Compliance function
Central Bank of Ireland Reporting/Relationship
Other/Projects
Experience/Skills Required
To see the full job description please click apply.
The Role
The Head of the Compliance function and relevant PCF is the Head of Finance & Compliance. The Head of Finance & Compliance has responsibility for implementing the Board-approved compliance programme which includes monitoring and testing of compliance and associated reporting to management and the Board. The Head of Finance and Compliance is also the Board-appointed Money Laundering Reporting Officer under the Board-approved Anti-Money Laundering (AML) programme.
Reporting to the Head of Finance & Compliance, the Senior Compliance Manager will be responsible for managing the Compliance function, developing and delivering the Board-approved Compliance programme and reporting to management and the Board. The Compliance programme includes the AML programme.
Key activities/deliverables include:
Compliance Programme
- Continued review and implementation of the Compliance Programme.
- Identification, analysis and risk assessment of all relevant codes.
- Continued review, implementation and management of programme to monitor compliance with relevant legislation and codes of conduct.
- Responsible for reporting and communication to management and Board.
- Full ownership of compliance management tools.
Compliance Culture/Change Management
- Drive compliance culture and agenda across the business.
- Work with Operations functions to develop and deliver best possible approaches to achieve business objectives while ensuring that the business operates in line with relevant legislation and codes of conduct.
- Interpret and advise the Board and senior management team on the operational impact of regulatory changes and the regulatory impact of operational changes.
- Ensure appropriate compliance training completed by all relevant staff.
Anti-Money Laundering / Countering Terrorist Financing
- Full ownership of MLRO
- Ensure AML/CTF risk assessment, policies and procedures are appropriate and implemented across the business.
- Manage transaction monitoring and screening processes undertaken by client and by outsourced service providers.
Compliance function
- Manage the Compliance Team ensuring appropriate team objectives are set and achieved and the team is sufficiently resourced, skilled and developed.
- Ensure Compliance policies, procedures and tools are appropriate and implemented.
Central Bank of Ireland Reporting/Relationship
- Ownership of formal responses to Central Bank of Ireland enquiries and themed inspection reviews/visits.
- Main point of contact with the Central Bank of Ireland.
- Responsibility for review of regular Central Bank of Ireland reporting (e.g. Conduct of Business Return).
Other/Projects
- Provide subject matter expertise on compliance related matters as part of the Management Team.
- Drive compliance related-projects.
- Liaise with Lone Star compliance team and Internal Audit as appropriate
- Assist with compliance, GDPR and data protection requirements.
Experience/Skills Required
- ACOI and/or audit-related qualification (e.g. Chartered Accountant).
- 5+ years' compliance experience at management level within the Financial Services industry.
- Strong knowledge of Code of Conduct on Mortgage Arrears, Consumer Protection Code and Money Laundering/Terrorist Financing legislation.
- Proven track record dealing with the Central Bank and/other regulators is essential.
- Excellent organisational, communication and analytical skills.
- Proven experience of managing and motivating a Compliance team.
- Experience of working in a cross-functional environment (Operations, I.T., etc.) and with outsourced providers.
- Ability to work on own initiative and meeting tight deadlines.
- Enthusiastic and adaptable in a fast-moving environment.
- Ability to influence others to achieve compliance objectives
To see the full job description please click apply.