Compliance Officer recruitment
Our client is a well known financial services provider, whose client base includes Multinational Banks, Global 1000 companies, investment management firms, international real estate investors and high net worth individuals. They are currently seeking a Compliance Officer for a senior level supervisory role within the organisation. This is a challenging, extensive and varied role which will enable the right candidate to further their career within the financial services sector.
The Role
The Compliance Officer is responsible for securing compliance with all local regulatory legislation guidelines as issued by the Regulator having supervisory authority over the local operation (the office), local Anti Money Laundering 'AML', and anti-terrorist financing legislation. The Compliance Officer reports to local management with a functional reporting line to the Global Compliance Manager. . The successful candidate will manage a team of two who assist the Compliance Officer in handling new clients, monitor their transactions and handle possible unusual transactions
The Candidate
The chosen candidate will have at least 4 years experience in Compliance or a related field.
A third level qualification in Business or Finance related area, and a sound working experience with or for an Irish Trustee would be a great benefit while a Compliance qualification would be an advantage.
Key Responsibilities
-Maintain local compliance policies, procedures and ensure procedures and relevant forms are up to-date with new developments
-Keep abreast of all relevant legislation and regulatory developments in the jurisdiction
-Inform management and Group Compliance in a timely manner as to legislative and regulatory developments including expected impact to the business
-Provide compliance training to employees
-Review KYC records as to completeness including verifying that due diligence has been performed and that due diligence standards are fully complied with
-Oversight of complete and incomplete KYC records and monitoring the actions taken to complete KYC records
-Clear and/or verifying possible matches as generated by the reporter system and assist in scanning the databases against lists of undesirable persons
-Monitor clients and their activities, which includes handling the alerts reported by the office's transaction tracking system as well as developing and setting up profiles of account holders in this system
-Receive internal reports of unusual or suspicious transactions as per the procedures developed
-Prepare relevant reports for the Reporting Office receiving Unusual / Suspicious Transactions and filing such reports, maintain records
Essential Competencies
Sound Decision Making
Drive for Results
Innovation
Leading Change
Risk Management
For more information, or to apply for this role, please contact Gráinne Logue on 016698519.
We regret that due to the high volume of applications we are only able to contact suitable candidates.
