Compliance Officer

Role

This role is based in Dublin and requires someone with a number of years in a large corporate environment, monitoring complex compliance and regulatory matters EU-wide

Specific responsibilities as follows:

•Compliance input required in each territory, to input generally on local requirements.
•Develop and implement sampling processes for proposed countries e.g agent vetting, partial /early surrenders, risk based aml, complaints etc.
•To understand local aml and Irish aml requirements. Advise the business of the requirements. Develop a detailed aml handbook for the proposed territory with a risk based approach.
•Review and sign off all documentation/training material/websites/ literature including applications, output letters, terms and conditions to ensure that the literature/application etc meets the code of conduct requirements in the relevant state.
•Business advise - Inform business of changes in aml law, answer queries from business etc.
•Receive advice from Business – reporting actual incidents, advising of potential incidents, identifying gaps if come across any etc.
•Ensure legally required AML training and refresher training is conducted and recorded in line with procedures.
•Ensuring any issues/breaches that are identified by monitoring or on advice from business are re mediated effectively and immediately. Incidents to be reported at Compliance Officer.
•To ensure the company’s cross-border compliance monitoring is effective and kept up to date.
•To ensure that compliance reports are compiled in a timely and efficient manner for management.
•To ensure issues identified during monitoring are rectified.
•To develop compliance monitoring and reporting on any new cross-border business that may arise.
•To develop procedures and to provide support to the Compliance Officer with monitoring and overseeing that will be required for cross border business.

TECHNICAL REQUIREMENTS

•At least 3 years experience in a Compliance role, specifically within life insurance
•Recognised industry qualification, ACOI or making significant progress towards this qualification.
•Thorough knowledge of Pension, Investment and Life Insurance Products
•Excellent working knowledge of Microsoft Word & Excel.

For more information regarding this or other positions, or advice from an experienced recruitment consultant, please contact:

Robert Connolly
Abrivia Recruitment
01 - 477 3156