Seniorpliance Officer(Senior Associate) Vice President |pliance Officer | Permanent term | Cork office
Division
Clearstream Fund Centre, Cork Branch,pliance
Clearstream is the innovative and trusted post-trade business for the global markets. Its segment Clearstream Fund Services delivers solutions for the entire fund ecosystem via its three key business lines:
Vestima as the world's largest fund processing platform provides order execution, settlement and custody services for more than 230,000 funds, ensuring highest asset safety for over 55 fund markets worldwide.
Fund Centre, one of the leading European fund distribution platforms, connects international asset managers and fund houses with distribution partners, providing access to over 80,000 funds.
Kneip as one of the leading European fund data hubs provides premier fund data management and reporting solutions for the asset management industry.
Clearstream is part of Deutsche Börse Group, an international exchange organisation and provider of innovative market infrastructures.
Field of activity:
Thepliance Function works closely with the individual business units and group control functions to ensurepliance with local and international laws and regulations applicable to Deutsche Börse Group and its business activities. Thepliance Function has a proactive role in the identification of possible regulatory or reputational risks, including those that may arise in connection with new activities and products.pliance Function works in collaboration with Grouppliance which is responsible for defining group-widepliance minimum applicable requirements, supports their uniform application within the group entities, and provides centralised services to prevent money laundering and terrorist financing, international financial sanctions, other criminal offences, data protection, and the prevention of conflict of interests or market abuse.
CFCL Cork branchpliance is a part of the CFCLpliance team and working in collaboration with other Group entities.
Located in Cork, the Seniorpliance Officer contributes to the success of the overall Clearstreampliance function embedded in a broaderpliance approach across the Deutsche Börse Group and Clearstream Sub-Group. The Seniorpliance Officer will bring matter expertise on Anti Financial Crime and will contribute to the overall strengthening ofpliance activities and processes.
Your responsibilities:
1. Maintain and improve the CFCL'spliance framework
2. Monitor the development of regulatory obligations and requirements in EU countries regarding the AML/CFT matters
3. Ensure thepliance framework aligns with industry standards and regulatory requirements.
4. Reviewing client profiles at on-boarding to ensure conformity to AML/KYC policy/ standards, producing client document requirements and due diligence analysis
5. Performs regular and ad-hocpliance-related reviews of client files
6. Reviewing Fund acceptance at on-boarding to ensure conformity to AML/KYC policy/ standards, producing client document requirements and due diligence analysis
7. Reviewing/ Supervision of alerts arising from the screening of databases against sanctions lists
8. Overview of business/blocking rules and account stops handling
9. Ensure prompt submission of draft SARs/STRs to relevantpliance team
10. Supporting business on iing due diligence and advise onpliance matters
11. Develop training measures to raise staff awareness on AML/CTF and Fraud requirements and respective staff obligations
12. Deliver the recurring training courses according to required frequency and track coursepletion
13. Perform ad-hoc trainings for dedicated target groups on specific topics
14. Provide ad hoc support for the business on various topics/escalations and support any industry initiatives such as Irish Funds Group.
15. Support with the periodic reporting for inclusion in the Executive Board report, various internalmittees and external stakeholders as needed
16. Support with the CFCL Cork Branch Quarterly reporting
17. KPI reporting for insourced activities
18. Support for head of unit in the day-to-day team management and stepping in the role as needed to insure continuity
Your profile:
19. University degree in law, finance or a relevantparable qualification preferable.
20. Detailed understanding of the funds industry.
21. 5+ years experience in thepliance (2nd line of defence) function or similar field (Audit, Control, Legal etc.).
22. Knowledge in AML, KYC, Other Criminal Offences / Fraud, Prevention of Market abuse.
23. Experience in managing senior stakeholders and operate inplex matrix organization, multicultural environment, in a multi-location setup.
24. Strong organizational skills and ability to cope with tight deadlines and handle multiple priorities whilst being solution driven and client focused.
25. Strong individual initiative, high levelmitment and motivation.
26. Excellentmand of spoken and written English; French and German are a plus.
Job ID 24809