Compliance Director and MLRO

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Job Description

My client is authorised and regulated by the Central Bank of Ireland are recruiting for a Compliance Director. 
This senior position is a member of the senior management team and manages the companys regulatory compliance processes, projects and programs. The role has reporting lines into the (CEO) as well as the board of Directors. The successful candidate will work closely with the CEO to ensure the firms adherence to its regulatory obligations and will promote the actions required to support the effective delivery of our 3 lines of defence compliance program.
Key responsibilities include:
Key interface for the Central Bank of Ireland, Financial Conduct Authority and other regulatory bodies as appropriate. This includes the ownership of regulatory queries, regulatory inspections, as well as internal or client audits as they relate to compliance matters.
Act as Money Laundering Reporting Officer (MLRO) for the company with responsibility for ensuring compliance with the companys Anti-Money Laundering/Customer Due Diligence obligations. This includes ensuring appropriate procedures, training and controls are in place.
Remain current on ever changing regulatory environment and provide on-going consultancy and guidance to the business on all compliance related issues including the interpretation and analysis of future regulations. This will require close working with the business to assess impact of regulatory change and the development of new or updated business systems processes and procedures to ensure company obligations are met.
Independently assess and determine appropriate resolution actions relating to regulatory compliance matters arising from business queries, testing and monitoring results, or non-compliance with relevant Policies and procedures.
Timely escalation of concerns relating to the companys compliance obligations to the CEO, the  Audit, Risk and Compliance Committee and the Board of Directors or regulatory bodies as appropriate.
Responsible for a small team of direct reports which includes goal setting, career development, reviews and overall management of the compliance team.
Develop and implement annual compliance plans and monitoring programmes including updates to the  Audit Committee and Board of Directors.
Support the business in the evaluation of new business opportunities from a regulatory compliance perspective
Contributes and supports the delivery of cross-organisational regulatory compliance, business and system regulatory compliance development related projects (includes completion and approval of testing, user documentation, and learning plans).

Requirements
5-10 years Compliance/Regulatory experience in part at a senior level, in a regulated financial services business with a minimum of 3 years people/team management and leadership experience
Ability to effectively communicate and build relationships with internal and external stakeholders
Team leadership and development skills and experience
Excellent verbal and written skills
Computer Literacy- Microsoft office
Role is subject to prior approval by Central Bank under Fitness and Probity regime and candidate must meet requirements under Central Bank fitness and probity requirements for PCF 15.

Send CV to ben.mcshane@cpl.ie or call me on 01 947 6307

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