SVP AML / Compliance

Job Title : SVP AML / Compliance

Role Overview

Territory :

Responsible for specific, key Compliance activity within the Ireland Territory Compliance remit – including management and oversight of the Financial Security team.

Securities Services :

Responsible for the Compliance activity pertaining to the Securities Services (2S) business area (including 'Fund Administration Services (Ireland) Ltd').

Compliance Mission :

Ensure that Compliance objectives relating to 2S in Ireland, and the wider Territory remit, are met – ensuring the adequate and effective delivery of the overall Compliance mission.

Key Responsibilities

Territory Compliance Management :

Support and deputise for the Head of Territory Compliance.

Compliance Representation :

Represent the Compliance department at key committees and projects.

Development of Compliance Function :

Actively lead and participate in the development of the Compliance function, including the design and implementation of action plans to improve compliance framework, processes, and controls.

Staff Management :

Oversee, manage, and develop Compliance staff effectively – with management responsibility over approximately 4 staff members.

Culture :

Promote and reinforce the desired compliance culture within the Compliance team and across the Group in Ireland.

Advisory :

Advise and consult with the business on the interpretation and implementation of relevant laws, regulations, and internal rules and standards.

Decision Making :

Provide Compliance validation or decisions in line with the Compliance Decision-Making Process and delegated authorities.

Validation Framework :

Ensure effective Compliance engagement with the validation framework for new or amended activities and exceptional transactions (i.e. the NAC / TAC process).

Financial Security & KYC :

Effectively manage Compliance’s systems and controls to prevent :

• Money laundering
• Terrorist financing
• Non-compliance with international sanctions
• Bribery and corruption

Includes the management and implementation of :

Compliance Reporting :

Ensure appropriate and timely reporting to Compliance, business management, and external parties (including Group reporting via the CRMS tool, ExCos, Boards, and Regulators).

Training :

Help organise, coordinate, and deliver an effective training and awareness program for staff.

Outsourcing :

Provide appropriate oversight of Compliance and business-related outsourcing, including :

Specific 2S Responsibilities

Assurance :

Provide reasonable assurance to relevant senior management (including the Head of Ireland Securities Services, Board of Fund Administration Services (Ireland) Ltd, and the Depo & Custody Opco) that adequate compliance frameworks are in place and aligned with Group Compliance requirements and applicable laws / regulations.

PCF Role :

Act as Head of Compliance and Head of AML for Fund Administration Services (Ireland) Ltd. These roles (PCF-12 & PCF-52) are Pre-Approved Control Functions and must be approved by the Central Bank of Ireland under the Fitness & Probity Regime.

Regulatory Relationships :

Manage and oversee relevant regulatory relationships in Ireland, serving as the point of contact with the regulator for 2S-related matters.

Fund Services :

Advise and assist the business to ensure compliance with obligations related to client and fund service providers. This may include contributing to client RFPs, due diligence, and audits.

Regulatory Watch :

Help manage Compliance’s involvement in identifying, communicating, and implementing regulatory changes in conjunction with Legal.

Policies and Procedures :

Ensure adoption of relevant Group compliance-related policies and procedures and the development of local policies as necessary.

PE / PIC / MI :

Ensure adequate management of Compliance’s systems and controls concerning :

Compliance Risk Management :

Contribute to the development, implementation, and maintenance of risk assessment processes. Provide compliance risk assessment reports to governance bodies and regulators as needed.

Compliance Monitoring :

Ensure adequacy in the design and application of compliance monitoring systems and the overall monitoring plan to ensure business operations remain within regulatory risk appetite.

Qualifications & Experience Required

LI-BM1