Head of Risk and Compliance – Ireland (PCF-12 and PCF-14)
Head of Risk and Compliance – Ireland (PCF-12 and PCF-14)
EML Payments is a global leader in the fintech space. Our mission is to create awesome, instant, and secure payment solutions that connect our customers to their customers, anytime, anywhere, wherever money is in motion. Our Purpose is to inspire transformative digital change for our customers and communities. As an issuer and processor, we provide our clients and partners with innovative alternatives to traditional banking solutions for reloadable and non-reloadable programs. We are agile, we are innovative. We take a partnership approach; we tailor solutions and place a strong focus on operational excellence.
EML Money DAC (“Money DAC”) a wholly owned subsidiary of EML Payments, is a fast-growing technology company and e money payments institution headquartered in the Republic of Ireland. EML Money DAC is an electronic money institution focused on payment cards for companies and consumers. EML Money DAC offers expense control platform, prepaid cards, gift cards to individuals, businesses. Incorporated in Ireland, EML Money DAC is authorised and regulated by the Central Bank of Ireland.
Our place is one of collaboration, teamwork & innovation. But, above all, it’s one that embraces difference. And rather than have you blend in, we want to help you unleash your full potential.
The team you'll be joining
The Risk & Compliance team at EML believes in rolling up their sleeves and getting things done. At EML, we are seeking a hands-on leader who will engage across the organisation and understand the practical impacts and outcomes of their work.
The Head of Risk and Compliance – Ireland holds local responsibility for the operation and oversight of the Irish risk and compliance programmes and is subject to the Fitness and Probity Regulations and the Individual Accountability Framework. The Head of Risk and Compliance – Ireland holds the Pre-Approval Controlled Functions of PCF-12 (Head of Compliance) and PCF-14 (Chief Risk Officer) requiring pre-approval from the Central Bank of Ireland prior to formal appointment.
The role and what you'll do
We are seeking an experienced leader to oversee risk and compliance activities for our Irish business. This role serves as the primary point of contact with the Central Bank of Ireland (CBI), ensuring that EML meets all relevant regulatory obligations and maintains a strong risk and compliance culture.
This is a highly visible, hands-on leadership role responsible for the day-to-day execution and continuous improvement of the Irish risk and compliance programme.
You will focus on providing strong leadership and establishing a sound platform for regulatory compliance, risk management and data protection compliance. You will have one direct report in the Compliance function and will be responsible for the oversight of compliance and risk management activities performed by intra-group outsourced service providers (OSPs), working as a trusted advisor to the business as well as ensuring that regulatory compliance and risk management frameworks are embedded into the organisation’s operations and culture.
Regulatory Compliance
* Implement and maintain a compliance programme that addresses the business’ ongoing regulatory obligations applicable to e-money and Mastercard scheme rules, as well as under the second Payment Services Directive (PSD2).
* Lead the execution and ongoing improvement of all operational aspects of the compliance programme including policy/procedure governance, training, risk assessments, control and monitoring, and investigations.
* Provide advice and guidance on regulatory matters across the business with the right degree of pragmatic collaboration to find compliant solutions.
* Act as the regulatory liaison in respect of any regulatory communications, inquiries, visits or inspections.
* Participate in internal and external audits and act as the lead interface with business stakeholders.
* Produce comprehensive management reports for the board of directors, regulators and senior management as required.
* Implement and embed the enterprise risk management (ERM) framework within the Irish business, ensuring alignment with the Group ERM Framework, and the continued effective operation of the risk function.
* Lead the process of identification and assessment of emerging risks.
* Monitor and report qualitative and quantitative risks against agreed tolerance and limits.
* Provide detailed reporting on risk exposures and advising management and the Board (as appropriate) on risk management matters.
* Assist management and the Board (as appropriate) in the effective operation of the firm’s risk management system.
* Ensure effective processes and controls are in place and maintained to identify, manage, monitor and report on risks to which the firm is or may be exposed.
* Ensure the consistency of and monitor adherence to risk management standards and the ERM framework.
* Facilitate the setting of the risk appetite by the Board.
* Promote a strong risk culture by defining the expected risk and control related behaviours.
* Ensure the continued operation of the three lines of defence model.
Data Protection
* Collaborate with the global data protection function to implement a data protection programme defined by policy and procedure.
* Embed a culture of data protection awareness within the firm.
* Conduct data protection review work in line with the compliance monitoring plan.
* Produce comprehensive management reports for the Board, regulators and senior management as required.
* Support the global data protection function in the rollout of relevant data protection training.
People Leadership and Resource Management
* Manage and maintain a productive risk and compliance function, setting departmental and individual goals and targets for the firm and OSP resources, supporting the overall strategy of the firm.
* Provide day-to-day guidance to team members and lead resource planning as needed.
* Set clear objectives, promote professional development, and foster a collaborative and values-driven culture.
What you'll bring
* Experience: Significant experience (8+ years) in a senior risk and compliance management role in complex financial services or fintech environments. Proven track record in managing and enhancing risk management frameworks, including identification, assessment, mitigation, and reporting. Strong focus on operational risk management, including the ability to anticipate and address potential risks arising from business activities. Demonstrable experience in regulatory interactions, particularly with financial regulators (e.g., Central Bank of Ireland).
* Environment: Demonstrable experience in global, matrixed environments, including coordinating across time zones, cultures, and reporting lines. Comfortable working in a fast-paced, evolving regulatory environment with competing priorities. Experience in leading cross-functional teams and oversight of outsourced services and working with senior leadership on risk-related strategic decisions.
* Knowledge: Deep knowledge of financial services regulation, and compliance frameworks, particularly those applicable to e-money institutions (e.g., EMRs, PSD2, DORA). Relevant qualifications in risk and compliance disciplines. Experience in developing, implementing, and overseeing robust compliance programs to meet regulatory requirements.
* Strategic Mindset: Proactive and solution-oriented, with a strong focus on operational resilience and the continuous improvement of risk management practices.
* Team: Excellent communication and interpersonal skills with the ability to influence and partner with senior leaders, regulators and cross-functional teams; experience managing a small team on a day-to-day basis, prioritising work to meet deadlines, and coaching more junior team members to help them develop and ensure they deliver high-quality work. Leadership capabilities with the ability to drive change and foster a culture of risk awareness and compliance within the organisation.
Company culture and values
Our place is one of collaboration, teamwork & innovation. But, above all, it’s one that embraces difference. And rather than have you blend in, we want to help you unleash your full potential.
Company structure
EML is an ASX listed company head quartered in Brisbane, Australia, with approximately 480 employees throughout Australia, Europe, the UK, and America.
EEO statement
Integrated into our Core Values is EML's commitment to diversity and inclusion. EML is committed to being a globally inclusive company where all people are treated fairly, recognised for their individuality, promoted based on performance and encouraged to strive to reach their full potential.
We believe in understanding and respecting differences. This concept encompasses but is not limited to human differences with regard to race, ethnicity, religion, gender, culture, and physical ability. Every individual at EML has an ongoing responsibility to respect and support a globally diverse environment.
Seniority level
* Seniority level
Director
Employment type
* Employment type
Full-time
Job function
* Job function
Finance
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