Job Title: Compliance Officer
Role Summary:
The Compliance Officer plays a pivotal role in ensuring the organization complies with all regulatory, legal, and internal governance requirements. This position promotes a strong culture of compliance, ethics, and transparency across all levels of the organization.
Key Responsibilities:
- Ensure compliance by the organization with regulatory, contractual, corporate, and industry best practice standards in all aspects of its business.
- Prepare and oversee the delivery of the risk-based annual Compliance Plan.
- Prepare and deliver the Annual Compliance Statement.
- Evaluate new and emerging regulatory requirements and ensure their incorporation into internal compliance processes, policies, and procedures.
- Manage potential compliance issues, including errors and breaches.
- Ensure the organization remains compliant with its various legal obligations, including AML/CTF and Data Protection.
- Update policies and procedures within required timeframes, manage the sign-off process, and communicate policies to staff as required.
- To produce and provide appropriate management information on a regular basis or as required.
- To devise, implement, and deliver appropriate training programmes for directors, committee members, employees, and volunteers as required.
- To devise internal compliance audit procedures and ensure their implementation.
- Monitor compliance with GDPR and other relevant data protection laws.
- Advise on data protection impact assessments (DPIAs) and assist in their implementation.
- Conduct regular data audits and risk assessments to identify and address vulnerabilities.
- Support staff with queries and guidance relating to data privacy and processing.
- Ensure that data subject rights (access, rectification, erasure, etc.) are upheld in a timely and lawful manner.
Requirements:
- Professional qualification in Compliance
- Solid knowledge of the Irish regulatory framework (CBI, AML/CFT, GDPR)
- Proven experience in financial services compliance or governance
- Strong attention to detail and high ethical standards
- Ability to read and understand complex regulation, standard policies, and procedures, and then distil the requirements to provide practical and relevant advice and guidance to the organization.
- Excellent communication and organizational skills