Head of Risk and Compliance

Company Description

Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance

We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices.

With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian.

Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise.

Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients.

Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines.

Job Description

This role is a Pre-Approved Controlled function ("PCF") as defined by the Central Bank Reform Act (2010) Regulations (2011) and as such, this appointment will be subject to prior regulatory approval. Any offer of employment is conditional on the company being satisfied that the appointee meets the requirements as set out in the Fitness and Probity standards issued by the Central Bank of Ireland. This requires the company to complete prescribed due diligence to assess the appointee's fitness and probity.

Execute the PCF-12 (Head of Compliance) & PCF-14 Chief Risk Officer responsibilities for ODSIL.

Advisory & Policy

• Excellent understanding of the exposures to regulatory risk within a financial services organisation.
• Execution and maintenance of the firm’s Compliance operational procedure manual and policy, including those related to AML & Financial Crime.
• Advise staff on the firm's Compliance policies and best practice.  Enhancing and supporting business relationships, through active engagement on business needs and identification of areas of regulatory risk in order to inform compliance planning, assurance, advisory or policy/guidance activities.
• Undertake horizon scanning and provide support in implementation of in-scope emerging regulation and regulatory change, whether internally or externally driven including the provision of gap and impact analysis, reporting and liaison with other Compliance or Ocorian business representatives/service lines as part of implementation work.

Monitoring

• Execution of ODSIL’s risk-based Compliance monitoring programme including the tracking, reporting and resolution of recommendations with the business.
• Maintain Compliance registers (e.g. breaches, PEP’s, Conflict of Interest and Gifts & Hospitality).
• Review the adequacy of CDD accompanying new business documentation and maintenance of appropriate Compliance records.
• Undertake AML post-onboarding client file reviews, sanctions checking, transaction monitoring and PEP’s monitoring.
• Oversee regulatory reporting and filings to the Central Bank of Ireland and other external authorities where required, in addition to being the principal contact for the Central Bank of Ireland.
• Support the design and delivery of regulatory training, conduct new joiner and other ad hoc training for staff on the firm's Compliance and AML policies and procedures in line with stipulated regulation.
• Monitoring of minimum capital requirement.

Risk Management

• Collaborate with Ocorian’s Risk Management to ensure a co-ordinated approach is taken across the second line of defence. Provide support in implementing Ocorian’s Enterprise Risk Management Framework.
• Maintain ODSIL’s risk register and ensure agreed actions are followed to completion.

Ad-hoc & Projects

• Support Ocorian's Compliance functions globally, provide technical regulatory advice where required.

• Responsibility for the preparation of Compliance reports (Management Information) to provide key information to both ODSIL’s Board, Group Risk and Compliance and other regional committees on a regular basis.
• Attend seminars and conferences to ensure knowledge of applicable regulations is up to date.
• Promote a positive compliance culture at all levels throughout the business.

Qualifications

Knowledge, Skills & Experience

• Educated to Degree level with extensive 10+ years’ relevant compliance, AML/CFT and risk knowledge, with the ideal candidate having experience at an international financial services firm and having a strong knowledge of how fund service providers operate.
• Experience as a Pre-Approval Controlled Function (PCF) and managing the relationship with the Central Bank of Ireland.
• Successful track record in delivering a Compliance Program for a regulated entity including good knowledge of AIFMD.
• Strong emotional intelligence, collaboration skills and ability to influence senior stakeholders with impact along with a commitment to working as part of a global team.
• Able to think strategically, navigate and communicate effectively across a complex global organisation.
• Highly motivated and resilient.
• Excellent verbal and written communications skills, with strong attention to detail.
• Confident in making decisions and addressing conflict.
• Ability to operate with a limited level of direct supervision.
• Ability to produce management information and to deliver projects within given deadlines.

Additional Information

All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful.  These are:

• We are CLIENT CENTRIC – Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges.
• We are AMBITIOUS – We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be.
• We are AGILE – We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective.
• We are COLLABORATIVE – With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes.
• We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships.

Equal Opportunities for Everyone

Please let us know if there’s anything we can do to make the process easier for you. You can reach us at [email protected].

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.