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Senior compliance specialist

Cork
beBeeCompliance
Compliance specialist
Posted: 12 October
Offer description

Compliance Professional Role Overview

The compliance function works closely with business units and control functions to ensure adherence to laws and regulations applicable to the financial industry.

As a Senior Compliance Officer, you will contribute to the success of the overall compliance function embedded in a broader approach across the organization.

Main Responsibilities:

* Maintain and improve the compliance framework
* Monitor regulatory obligations and requirements in EU countries regarding Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF)
* Ensure the compliance framework aligns with industry standards and regulatory requirements
* Review client profiles at on-boarding to ensure conformity to AML/KYC policy/standards
* Perform regular and ad-hoc compliance-related reviews of client files
* Review fund acceptance at on-boarding to ensure conformity to AML/KYC policy/standards
* Review/supervision of alerts arising from database screening against sanctions lists
* Overview of business/blocking rules and account stops handling
* Prompt submission of draft Suspicious Activity Reports (SARs)/Suspicious Transaction Reports (STRs) to the relevant compliance team

Requirements:

* University degree in law, finance or a comparable field
* Detailed understanding of the funds industry
* 5+ years experience in the Compliance function or similar field (Audit, Control, Legal etc.)
* Knowledge in AML, KYC, Other Criminal Offences/Fraud, Prevention of Market abuse
* Experience in managing senior stakeholders and operating in complex matrix organizations

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