Sorry! This job has expired and is no longer available on Recruit.net

View related jobs: Compliance Officer - Dublin jobs | AFEX jobs | Dublin jobs

Compliance Officer - Dublin

AFEX
Dublin
31 days ago: AFEX

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 Compliance team on local regulatory matters.
  • Review transactions and client profiles due to any bank-related inquiry.
  • Responsible to review and file applicable regulatory and licensing reports applicable to the region
  • Under the direction of the Compliance Director, deliver professional communication and outreach to foster awareness regarding financial crime and suspicious activity.
  • Implement, maintain and perform testing on company Key Performance and Risk Indicators and update as necessary.

Support

  • As a key strategic hub, the Compliance Officer for Ireland will also have the opportunity to drive regional activities from Dublin dependent on experience. This includes partnering with the Compliance Director to drive strong corporate governance at the country and regional level (eg. Board meetings and Oversight Committees)
  • Assist in identifying client-related trends, typologies and issues associated with money laundering, terrorist financing, and other suspicious transactions.
  • Assist with internal or external audits including the resolution of any findings.
  • Support the preparation of reporting for risk or board committees where required.
  • Provide support to the different functions performed in Compliance such as the Financial Intelligence, Unit, when required.
  • Support the Compliance Director and business management in promoting a strong, commercial, culture for risk and compliance.



Required Skills


Required Experience

Qualifications and Experience

  • A strong background in Compliance with the desire to succeed.
  • Experience of working in a regulatory environment; dealings with the CBI an advantage
  • Professional qualifications such as ACOI/ACAMS/CISI beneficial
  • Knowledge of Irish regulatory reporting requirements
  • Leadership qualities including the desire to help drive regional standards
  • Be a self-starter time manager, consistently sustaining high levels of productivity and quality in a fast paced high volume environment.
  • Clearly document and support judgments, decisions and rationale, which will necessitate strong writing skills and the ability to maintain files and records in accordance with department standards.
  • Demonstrate sound judgment and decision making in the context of regulatory requirements, Company policies, and industry best practices.
  • Apply project management and organization skills to a variety of tasks; demonstrating flexibility and problem solving skills.
  • Good communication skills, strong written communication and critical thinking skills.
  • A self-motivated team player, a tactful negotiator with strong people and process management skills.
  • Strong organization and prioritizing skills with the ability to quickly react to ever changing business needs.
  • Knowledge of AML, KYC and & suspicious transaction reporting
  • Knowledge of the payments (MSB) and FX business
  • Knowledge of Markets/MiFID activity (specifically FX Options) an advantage
  • College degree preferred, or equivalent work experience.
  • Ability to learn and use a variety of systems and technology.
  • Constantly curious, seeks and implements new solutions, novel workflows.
  • Operates in a high stress regulatory environment, with constantly changing expectations and close regulatory and audit scrutiny.

"AFEX is committed to offer equal employment opportunities to all employees and applicants for employment, without regard to their race, colour, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information or military or veteran status. AFEX complies with all applicable laws governing discrimination and harassment in employment in every location and jurisdiction in which the Company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leave of absence, compensation and training.

Please refer to our Applicant Privacy Notice for additional information about AFEX’s compliance with applicable privacy and data protection legislation and regulation during the recruitment process. The Applicant Privacy Notice is available at: https://www.afex.com/unitedkingdom/applicant_privacy_notice.php."

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...

More Jobs at AFEX Follow Company

See all jobs at AFEX