Head of AML/CTF Compliance

This is a fully remote position, open to applicants in Ireland.

📋 Description

• Ensure OFEL maintains its status as an authorized EMI by fulfilling all CBI AML/CFT obligations.

• Serve as the main point of contact with the regulator regarding financial crime issues.

• Carry out the statutory responsibilities of the Money Laundering Reporting Officer.

• Ensure that Suspicious Transaction Reports (STRs) are managed with exceptional judgement, speed, and complete independence.

• Oversee all financial crime-related regulatory reporting to the CBI.

• Lead the preparation, documentation, and formal presentation of the Annual MLRO Report to the OFEL Board.

• Direct the annual documentation and revision of the OFEL Financial Crime Risk Assessment (FCRA).

• Act as the escalation point for AML/CTF issues raised by the First Line.

• Supervise the implementation and effectiveness of fraud and transaction monitoring systems.

• Ensure the ongoing efficiency of KYC/CDD processes.

• Assume formal responsibility for the Annual Compliance Testing & Oversight Plan regarding all financial crime-related matters.

• Collaborate with the Testing team to evaluate findings and ensure that identified deficiencies are addressed.

• Proactively track the changing regulatory landscape.

⛳️ Requirements

• Experience in AML, compliance, or legal within the financial services industry (experience with EMI or Payment Institutions is highly preferred).

• Proven capability to manage intricate testing plans and achieve successful audit results in a regulated Irish environment.

• Demonstrated ability to effectively coordinate with global colleagues and influence stakeholders at the Board level in a matrixed setting.

• Degree in management, economics, law, or equivalent professional experience.

• AML/KYC-related certification (e.g., CAMS, ICA) is expected.

• Comfortable working in a multi-jurisdictional environment and assisting international colleagues across various time zones.

• A clear ability to adopt and promote new tools (e.g., Gemini, Tableau, Salesforce) to enhance AML workflows and reporting.

• Highly adept at working independently and making critical decisions in a fast-paced environment.

• Ability to view the 'big picture' and provide solutions that balance commercial growth with strong financial crime prevention measures.

🏝️ Benefits

• Highly competitive salary (based on experience).

• Annual company bonus.

• PRSA - 7% Employer and 3% Employee contributions.

• 40-hour work week - Monday to Friday, with no evening or weekend hours.

• Remote working options (Ad-Hoc meetings in the Dublin office).

• Private Medical coverage.

• Life assurance.

• Employee wellbeing initiatives.