Role Profile Risk & Compliance Assistant This is an exciting opportunity to join a leading and ambitious credit union based in Dublin city centre.Read on to find out what you will need to succeed in this position, including skills, qualifications, and experience.Comhar Linn INTO Credit Union serves the financial needs of over 28,000 INTO and RTAI members and their families, all of whom are connected to the teaching community throughout Ireland.We are the preferred provider of savings, loans and day-to-day banking for our members.The credit union wishes to appoint a full-time Risk & Compliance Assistant reporting to the Risk & Compliance Manager.The successful candidate will assist in ensuring that the credit union establishes and maintains effective, best practices in risk and compliance, to prevent and to support the business preventing and detecting violations of regulation and other issues, and to promote ethical practices and a commitment to regulatory compliance.The role will assist and support the Risk & Compliance team in the monitoring of all risks to the Credit Union, both existing and potential, and developing appropriate responses to eliminate or mitigate same to an acceptable level to the Credit Union.The ideal candidate will also support in the performance of all tasks required to maintain the robustness of the Regulatory Framework for Comhar Linn INTO Credit Union.Key Responsibilities and Accountabilities: To proactively support the Risk and Compliance Team with embedding a good risk & compliance culture throughout the Credit Union.To display a positive and supportive manner to bring engagement and open communication within the credit union.Assist in ensuring compliance by the credit union with regulatory, contractual, corporate and industry best practice standards in all aspects of the credit unions business.Assisting the Risk Management Officer in identifying, assessing, reporting, monitoring and managing all internal and external risks that could affect the credit union, including risks to its employees, members, reputation and assets, and mitigating those risks.Reporting on any significant risk event in a timely manner.Provide support in the management of the credit unions compliance framework and in ensuring that all elements of all relevant products and services offered to members by the credit union are being carried out in accordance with relevant laws, regulations, policies and procedures, rules and Codes of Practice, and in line with industry best practice.To assist monitoring changes to legal, regulatory and industry environments on an on-going basis.Assist in the development of internal compliance & risk procedures and ensure their implementation.To assist in the provision of management information as required.Assist in the provision of support, education, and training to officers to build risk & compliance awareness within the credit union.To help to ensure audit and regulatory recommendations are implemented within the stated deadlines.To ensure adequate records are kept and maintained.The successful candidate should also have the following: Excellent Communication and presentation skills Self-motivation with the ability to work effectively within a team structure and individually.A minimum of 2-3 years experience in a risk and compliance role or financial services role with an emphasis on risk and compliance A QFA qualification or professional designation would be desirable however candidates will be considered where a commitment to complete further studies appropriate to the role within timelines agreed with the Risk & Compliance Manager.Familiarity with the Central Bank's Credit Union Handbook, MCC obligations, and the broader regulatory framework governing Irish credit unions is desirable (training will be provided).The Credit Union will support the successful candidates professional development, including completion of relevant qualifications (e.g., QFA / Compliance Institute / Risk Management certification) and involvement in cross functional projects.The successful candidate must be a self-starter, and ready to take the initiative and drive tasks to completion.Robust organisational skills with proficient level excel.Have good analytical ability and project management experience would be an advantage.Excellent problem-solving skills are necessary to identify potential risks and deliver appropriate responses in a timely manner.Flexible and solution driven with the ability to quickly adapt and influence positive change in the credit union.Efficient and well organized with excellent attention to detail.Empathy with the ethos and values of the Credit Union is desirable.
xsokbrcThe above is not an exhaustive list of duties as the role may change to meet the overall objectives of the Credit Union.