Head of Compliance and MLRO

A highly reputable Payments firm in Dublin are seeking a Head of Compliance and MLRO to join their business

Responsibilities of the Head of Compliance and MLRO

• Be approved as the PCF15 (Head of Compliance) & PCF52 (Head of Anti-Money Laundering and Counter Terrorist Financing Compliance) with the CBOI
• Ensure that the firm demonstrates to the CBOI, the Board, Business Partners and its customers, that it subscribes to regulatory best practice
• Ensure the company has appropriate processes and procedures that meet regulatory requirements while maintaining a commercial focus.
• Support the business leaders in the strategic planning for the function and the review, enhancement and implementation of risk based financial crime prevention, detection procedures, and systems and controls
• To advise management on and monitor compliance with Financial Promotion regulation
• Be accountable for the firm’s financial crime obligations and compliance with the various pieces of legislation that impact on the business Analyse Suspicious Transaction Reports referred for potential Money Laundering (ML), terrorist financing (TF) and fraud activity. Report to the authorities where appropriate
• Ensure Sanctions/PEP alerts are reviewed and actioned accordingly to reduce the risk of the Group dealing with companies or individuals that might be subject to enhanced due diligence measures or that the group cannot do business with due to being sanctioned.

As the Head of Compliance and MLRO you will ideally have

• Excellent knowledge or an appreciation of CBOI rules and processes relating to electronic money, payment services and financial promotion regulations.
• Qualification in Compliance or related qualification
• Experience in managing a compliance function within a financial services business in Ireland preferably with experience in the payment’s arena.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates