Job Description
Head of Compliance & MLRO As one of the fastest growing Fin Tech's globally, this firm have in the last 2 years opened an Irish office to passport into the European market - to service their significant growth there.
At this point in their evolution, they need an experienced & dynamic MLRO to guide AML compliance during this expansion.
Your Role Own and manage the AML/CFT and Compliance Frameworks including associated policies and supporting activities Develop an annual AML/CFT and compliance plans including the monitoring & testing plan using a risk-based approach Remain current on the changing regulatory environment and provide proactive on-going consultancy and guidance to the business on the direct and indirect impact of incoming regulations, regulatory initiatives, Dear CEO letters etc.
This includes the ownership of regulatory queries, regulatory inspections, as well as internal or client audits as they relate to compliance matters.
Independently assess and determine appropriate resolution actions relating to regulatory compliance matters arising from business queries, testing and monitoring results, or non-compliance with relevant policies and procedures.
Timely escalation of concerns relating to the companys compliance obligations to the CEO, as well as the Global Head of Compliance & MLRO and Board of Directors or regulatory bodies as appropriate.
Responsible for direct reports which includes goal setting, career development, reviews and overall management of the team and their delivery of the AML/CFT and compliance framework and annual compliance plan.
Support the business in the evaluation of new business opportunities from a regulatory compliance and conduct perspective Chair or participate in relevant regional governance oversight committees, as necessary Obtain and deliver appropriate training, including continuing education, to develop and maintain knowledge of AML and CTF compliance requirements and industry best practices.
Your Background Good experience in this or similar position with an Irish financial institution, preferably Fin Tech or e-money or payment institution, covering a wide range of subjects across retail and business customer bases, such as KYC, CDD/EDD, Transaction Monitoring, Risk Assessments, and Reporting (SARs) Bachelors degree in law, Business, Auditing or related field.
Knowledge of the regulatory requirements relating e Money Institutions & European FS regulatory environment.
Ideally have previously operated as PCF-52/PCF-12.
Demonstrated knowledge and experience in compliance management, reporting and oversight.
Ideally, youll also have High growth tech experience (preferably Fin Tech), as well as having experienced best practice in a larger organisation or external audit company High energy and creativity, an entrepreneurial spirit and the ability to work autonomously in a fast growth and changing environment Understanding of the payments industry