Job Title: Head of Compliance (PCF12) & Head of Anti-Money Laundering and Counter Terrorist Financing (PCF52)
The role of Head of Compliance (PCF12) & Head of Anti-Money Laundering and Counter Terrorist Financing (PCF52) is a critical position within the company, responsible for managing the operation of the compliance function, including AML / CTF & Sanctions compliance, and reporting directly to the Board, relevant Board committee, or both.
Main Responsibilities:
1. Manage the development of compliance policy and provide support to the business units with regard to the impact of business developments on policy.
2. Oversee the annual AML / CTF / Sanctions Business Risk Assessment and ensure appropriate corresponding policies and procedures.
3. Manage the AML/CTF & Sanctions compliance function in order to address the TSL's money laundering, terrorist financing & sanctions risks including the development and oversight of a robust AML/CTF/Sanctions framework; and overseeing the implementation and effective application of AML/CTF/Sanctions systems and controls.
4. Oversight of the review of customer complaints.
5. Oversight of the review and monitoring of employee disclosures regarding personal trading, outside business activities, etc.
6. Oversight and review of incidents related to data loss or potential data loss.
7. Review regulatory consultant Independently identify and resolve problems following established guidelines, accounting for internal guidelines as well as outside regulatory requirements.
8. Execute a range of complex tasks and analyses including discussing proposed resolution with Compliance management.
9. Communicate compliance and regulatory requirements in both written and oral format to the management.
10. Proactively identify trends in recurring compliance violations and inquiries and collaborate with other team members to improve compliance procedures and processes, training materials and forms.
11. Manage the compliance reporting process to TSL senior management and board (including AML / CTF / Sanctions matters).
12. Manage regulatory projects, meet deadlines according to a plan and produce management information relating to the project.
13. Review regulatory filings and ensure they are made in a timely manner.
14. Assist in the requests for information from CBI, collect information and documentation and prepare applicable response for Compliance management.
15. Ensure that the Compliance manual for your area is reviewed on a regular basis and kept up to date with regulatory change.
Requirements:
1. Business / Finance / Law Degree and/or equivalent work experience.
2. 10+ years business or compliance experience (existing PCF role holder an advantage).
3. Proven leadership skills.
4. Strong written and oral communication skills.
5. Proven technical compliance knowledge in respect of Irish Fund Service Provider regulatory compliance.
6. Capable of executing a range of complex tasks and analyses.
7. Ongoing compliance with the Central Bank of Ireland's Fitness & Probity requirements.
8. Expertise in the financial services industry and current regulatory requirements as they relate to the Fund industry, incl. Alternatives Funds, related support function including depositary services.
9. Expertise of applicable Ireland banking or fund laws and regulation (as opposed to understanding/following procedure).
10. Experience and knowledge of rules and standards including AML/KYC, Data Protection, Outsourcing and Anti-Fraud laws and regulations.
11. Client/Regulators facing skills and experience will be an advantage.