Chief Compliance And Risk Officer

Chief Compliance and Risk Officer page is loadedChief Compliance and Risk Officer Apply locations Dublin - Ireland time type Full time posted on Posted 4 Days Ago job requisition id REQ-14186Location : Dublin

Working Pattern : Hybrid (3 Days on site)

Contract : Permanent

Role Description

The objective of the Risk and Compliance team is to deliver, coordinate and continuously develop an effective compliance management framework that provides the tools to enable FNZ to identify, assess, control and monitor risk (including conduct and regulatory) and through that framework manage risk within the appetite of the business, our clients and regulators.

The Chief Compliance and Risk Officer leads the second line of defence in FNZ (Europe) DAC and brings both experience and knowledge of regulatory requirements in respect of MiFID, AML and GDPR.

Their practical experience and achievements in similar roles will demonstrate their ability to provide oversight of the regulatory risk environment and their ability to challenge the business across the core elements of the Risk / compliance management framework.

While FNZ is technology business, the role requires wider FS industry experience, ideally within a fast-paced regulated environment with exposure to MiFID regulations.

The role will support the implementation and maintenance of the Compliance Management Framework to support FNZ's business plan and the regulatory environment it operates in.

This includes provision of oversight of the application of regulatory compliance policies and procedures, executing the compliance monitoring plan, monitoring, and reporting on compliance with MiFID, AML, Financial Crime and GDPR regulations.

The role holder will asume the PCF 12 designation and act as Head of Compliance and PCF 52 designation, act as Money Laundering Reporting Officer (MLRO) with responsibility for Anti-Money Laundering and Counter Terrorist Financing Legislation and PCF 14 – Chief Risk Officer, for FNZ (Europe) DAC.

The role holder will be responsible for ensuring the business has effective systems, procedures, and controls for compliance with requirements, standards, and codes of conduct under the regulatory framework including regulatory compliance, governance and Anti- Money Laundering and Counter Terrorist Financing.

The duties and responsibilities of this role will include the following :

Leadership Lead and enhance the 2nd line function, managing day-to-day operations while fostering the growth and development of team members to ensure a strong and effective team.

To advise line management on all applicable regulatory obligations, including business and regulatory developments and on the procedures required to ensure compliance with these obligations.

Provide training to line management and employees as required ensuring that each individual is made aware of their regulatory responsibilities and the procedures, they must follow to ensure compliance with these and to promote a positive compliance culture.

Provide support and leadership to the Head of Risk as they seek to implement the Group risk management framework.

To build and maintain constructive relationships with its our core stakeholders including the regulator.

To assist 1st line management in ensuring that they establish and maintain effective systems and controls to minimise the risk of regulatory losses, and or negative customer outcomes.

Member of FNZ (Europe) DAC senior management team and attendee at FNZ (Europe) DAC Board Risk & Compliance Committee (BRCC) and Board meetings

Compliance Oversight : Actively liaise and communicate with the CBI and Act as a point of contact.

Ensure there are appropriate regulatory controls in place within FNZ (Europe) DAC to establish and maintain FNZ (Europe) DAC's compliance with regulatory requirements including conduct obligations.

Ensure that an annual risk-based compliance assessment and monitoring plan is carried out for FNZ (Europe) DAC.

Ensure regulatory reporting to regulatory authorities on behalf of FNZ (Europe) DAC is timely and accurate.

Ensure compliance training is provided to FNZ (Europe) DAC employees.

Ensure that conflicts of interest have been identified and where possible mitigated and ensure that there is a regular review of conflicts of interest.

AML / Financial Crime : Overseeing / carrying out / producing / reviewing (as applicable) the following :

Annual review of the Anti-Money Laundering Policy and supporting procedures and templates to ensure it remains compliant with current applicable Anti Money Laundering Regulations.

Review and sign off anti-money laundering / PEP and Sanctions checks on FNZ (Europe) DAC's clients and, where applicable, other FNZ companies carrying out contractual activities in the EU.

Annual risk assessment of FNZ (Europe) DAC's money laundering risk.

Adequate money laundering, PEP and Sanction training carried out within FNZ (Europe) DAC including an annual review of FNZ produced training materials.

Horizon monitoring for any regulatory changes connected with applicable anti money laundering regulations and ensuring those changes are incorporated into the policy, supporting procedures, templates, and training materials.

Provide second line of defence monitoring of Financial Crime controls.

Data Protection : Monitor compliance with EU data privacy requirements and GDPR and with the Global Data Privacy Policy and second level data privacy policies, through Compliance Monitoring reviews and high frequency monitoring.

Experience Required Senior Compliance Leadership : Experience as a Chief Compliance Officer (CCO) with current or recent roles as PCF 12 and / or PCF 52 within an Irish regulated financial firm, ensuring familiarity with senior management responsibilities.

In-depth knowledge of the European financial services and regulatory framework MiFID II, AML / CJA, GDPR, CBI Regulations.

10 years' experience working at a senior level within a regulated environment

Working knowledge of operational processes of MiFID or fund administrator firms (i.e., asset servicing, investment operations processes).

Excellent communication, relationship management and influencing skills.

Presentation skills and training / coaching experience.

Ability to understand and articulate the commercial benefits of effective compliance management.

Ability to build and maintain effective internal and external relationships.

Ability to analyse, present and report risk management information to senior stakeholders.

About FNZ FNZ is a global FinTech firm, transforming the way financial institutions serve their wealth management customers.

It partners with banks, insurers and asset managers to help consumers better achieve their financial goals.

FNZ's technology, transaction and custody services enable their clients to provide best-in-class wealth management solutions to financial advisers, end-investors and the workplace that are efficient, flexible, transparent, and scalable, supporting market, demographic and regulatory trends worldwide.

LI-KS1

About FNZ FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms.

We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.

We created wealth's growth platform to help.

We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations.

All in a regulated financial institution.

We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).

Together with our customers, we help over 20 million people from all wealth segments to invest in their future.

About Us FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms.

We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.

We created wealth's growth platform to help.

We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations.

All in a regulated financial institution.

We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).

Together with our customers, we help over 20 million people from all wealth segments to invest in their future.

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