Job Description

Background

AFEX is a global Payments and Risk Management Solutions provider with a growing business in the EMEA region including offices in London, Dublin, Rome, Madrid and Zurich.

AFEX Ireland has built a successful and growing sales business in Dublin and is a strategic location for the EMEA region moving forward with applications underway for the establishment of fully licensed entities for both Payments (PSD2) and Markets (MiFID) business. The continued growth of our Dublin office and our ongoing commitment to our presence in Ireland with the highest standards of Regulatory and Financial Crime Compliance creates the opportunity for a Compliance Officer based in Dublin.

Role

The Compliance Officer role is a manager-level position responsible for all essential compliance activities for AFEX activities in Ireland including acting as the Money Laundering Reporting Officer and the opportunity to contribute to the leadership of the regional Compliance team.

Changes to the EU landscape including Brexit planning have heightened the profile of our presence in Ireland and will see the continued growth of our Dublin office which will also act as a hub to drive European business including being the home-state for passporting into the EU. This role will partner with the EMEA management team to ensure a success of these activities.

The Compliance Officer will work under general supervision and demonstrate capability to monitor, research, and analyze regulatory needs and exercise good judgment in identifying issues and driving resolution. The successful candidate will take proactive measures to prevent losses and reputational risk through any of the following: reviewing client information as part of AFEX’s Know Your Customer (“KYC”) policy including account onboarding and account reviews, transaction screening, analyzing suspicious account activity and reporting and categorizing activity that could potentially create a loss or regulation exposure. Additionally, the Compliance Officer will be accountable for the accurate completion of key regulatory reporting and to maintain the relationship with regulators such as the Central Bank of Ireland where required.

The EMEA Compliance team works both regionally and globally to support tasks such as account onboarding, screening and post-event monitoring so there is a real opportunity to influence process improvement and to take region-wide ownership for compliance processes dependent on experience. As well as oversight and monitoring of critical processes, the Compliance Officer will act as key business partner and advisor to the Country Manager for Ireland to support AFEX’s continued business growth.

Responsibilities

General

  • Execute directives from the Compliance Director
  • Partner with the Ireland business including the Country Manager and Sales team to provide a commercial, focussed approach to Compliance – supporting controlled, compliant growth.
  • Take a leading role on regional governance matters such as board and risk committees as well as developing appropriate oversight of processes performed on behalf of AFEX Ireland in other locations (eg. intra-group service agreements)
  • In line with Brexit contingency planning – support passporting to other EU countries from the Irish hub including CBI registrations and the development of appropriate regional oversight
  • Responsible to assist, train and oversee Compliance Analysts within the region where required.
  • Support the development and execution of the Compliance Monitoring programme in Ireland and EMEA
  • Investigate ad hoc issues assigned by the Compliance Director or raised by the business or global team.
  • Maintain current knowledge of relevant global and local government regulatory and corporate governance standards.
  • Accountable to meeting all AFEX brand guidelines and executing all duties with the AFEX core values as the benchmark.
  • Play a critical role in the successful execution of the Company's compliance mission,

Regulatory

  • Act of the central point of contact for the Central Bank of Ireland relationship including any onsite reviews or requests for information
  • Oversight/completion of regulatory reporting requirements.
  • Be the central point of contact for managing all KYC/AML due diligence processes to onboard a new client.
  • Be responsible for gathering client documents to ensure adherence to compliance and regulatory requirements.
  • Oversight of periodic reviews of documents for completeness, identify and drive resolution of deficiencies and provide advice to the business or broader
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