A new opportunity has just opened up for a Head of Compliance to join a growing insurance Broker for a hybrid role based in Dundrum, D.16.
This is a permanent role with a salary of up to €85,000 DOE.
A Generous Bonus & Commission is also available.
There are great benefits including a pension and parking on site.
The Head of Compliance will lead the compliance function, ensuring that the brokerage operates in accordance with all relevant regulatory frameworks and industry best practices.
This role involves designing, implementing, and managing compliance programs to ensure that the company meets its legal obligations and maintains ethical standards.
A Central Bank of Ireland pre-approval control function - PCF 12 and PCF 52.
What the Head of Compliance will do.
Ensure the brokerage complies with relevant regulatory requirements.
Execute and maintain a compliance monitoring framework.
Create, implement, and update internal compliance policies, ensuring they align with current laws, regulations, and industry standards.
Identify, assess, and monitor compliance risks across the business.
Develop strategies to mitigate and manage these risks effectively.
Assist Develop and deliver compliance training to the team internally, ensuring that employees understand and adhere to regulatory requirements and company policies.
Oversee internal compliance audits and manage external regulatory audits.
Provide timely and accurate reports to senior management and regulators as required.
Act as a key advisor to the Board of Directors on compliance matters, offering guidance on legal obligations, emerging regulations, and best practices.
Manage and investigate compliance breaches or issues, ensuring appropriate corrective actions are taken and documented.
Liaise with regulatory bodies, external auditors, and other key stakeholders to ensure a cooperative relationship and timely resolution of any issues.
Assist with the maintenance of key governance documents.
Develop, implement, and maintain the company's AML program, ensuring alignment with regulatory requirements.
Ensure compliance with the General Data Protection Regulation (GDPR) and other relevant data protection laws, including overseeing data governance across the company.
Skills and Experience required for the Head of Compliance.
Relevant qualification(s).
Proven experience in a compliance role within the insurance or financial services industry, with in-depth knowledge of regulatory requirements specific to a retail intermediary.
Expertise in key regulations affecting the insurance industry.
Ability to assess complex regulatory information and translate it into actionable policies and procedures.
A confident, ambitious, articulate individual with strong communication and interpersonal skills, capable of driving a culture of compliance across an organization.
Attention to detail is a must in addition to an ability to manage multiple priorities.
Ability to quickly understand problems, articulate them and offer solutions.
Deadline and results focused.
Organised with good attention to detail.
A high degree of professional integrity and ethical decision-making.
Skills: Compliance CIP Insurance Benefits: Work From Home Pension Hybrid Bonus