This is a senior position with a direct reporting line to the Chief Compliance Officer and will have regular interaction with the firm's senior management. The successful candidate will need to demonstrate expert technical knowledge, professionalism, a collegiate and solution focused leadership style and excellent communication abilities.
Key Responsibilities Include:
• Responsibility for managing the anti-money laundering and countering the financing of terrorism ('AML/CFT') 2nd line function in order to address the firm's money laundering and terrorist financing risks including:
o the development and oversight of a robust AML/CFT framework; and
o overseeing the implementation and effective application of AML/CFT systems and controls.
• Develop an annual AML/CFT monitoring & testing plan using a risk based approach
• Develop and maintain the firms Business Wider Risk Assessment
• Act as the MLRO for the firm, ensure STRs are managed effectively and that trends are brought to management attention
• Develop and provide an annual MLRO report to the Board
• Support any AML/CFT related queries from the Central Bank of Ireland, other regulatory bodies as appropriate or police requests as appropriate.
• Ensure provision of AML/CFT services to sister company are completed on time and to a high standard
• Remain current on the changing AML/CFT regulatory environment and provide proactive on-going consultancy and guidance to the business on the direct and indirect impact of incoming regulations
• Independently assess and determine appropriate resolution actions relating to AML/CFT matters arising from business queries, testing and monitoring results, or non-compliance with relevant policies and procedures.
• Timely escalation of concerns relating to the company's AML/CFT compliance obligations to the AIBMS Senior Management Team, Audit, Risk and Compliance Committee, Board of Directors or regulatory bodies as appropriate.
• Responsible for a team of direct reports which includes goal setting, career development, reviews and overall management of the compliance team and their delivery of the AML/CFT framework
• Support the business in the evaluation of new business opportunities from an AML/CFT perspective