Head of Risk and Head of Compliance (AMLCO/MLRO)

About the role

MUFG Investor Services (Ireland) Limited is looking for a Head of Compliance and Chief Risk Officer (PCF-12 and PCF-14) who will also act as the AMLCO and MLRO. The role holder will be designated a CF1 and a CF2 under the CBI's Fitness and Probity regime, report directly to the Board and have functional reporting lines to the parent entity's Risk and Compliance heads. The position is responsible for building the regulatory compliance, risk management and AML/CTF frameworks of a newly established MiFID-regulated entity.

Key responsibilities

• Head of Compliance: manage the compliance function and report to the Board or subcommittee, prepare quarterly and annual compliance reports, and implement and update the compliance framework, including annual plans, risk assessments and monitoring programmes.
• Build a compliance framework covering Irish and EU requirements such as ESG, MAD, MiFID, MiFIR, IAF, SEAR, F&P, CPC, IFR/IFD and GDPR, and act as main contact with regulators, including regulatory examinations and submissions to the Central Bank of Ireland.
• Lead regulatory impact assessments for new products, services and geographic expansions.
• Chief Risk Officer: manage the firm's risk function and report to the Board, sit on the Audit, Risk and Compliance Committee, represent the entity in Group and regional Risk and Compliance committees, and work with Group Risk and Compliance teams.
• MLRO: develop and oversee the AML/CFT framework and systems, ensure the AML/CTF/CPF and sanctions framework is effective and risk-based, draft policies and procedures, receive and assess MLRO reports, and keep senior management and the Board informed of AML/CTF/CPF and sanctions obligations.

Required profile

• Deep understanding of the regulatory compliance issues facing an investment firm.
• Experience as a senior compliance and risk professional in financial services, preferably as PCF 12, 14 and 52 in an investment firm.
• History of maintaining Fitness and Probity standards set by the Central Bank of Ireland.
• Proven ability to build relationships with industry counterparts, regulators, IMIA attendees and board members, and strong leadership and communication skills.

Required skills

• Preferred: PCF 12 (LCI or FCI) and PCF 14 (Professional Diploma in Operational Risk Management or equivalent) certifications, and an MLRO certificate in financial crime prevention or other AML/CTF diploma.
• Preferred: investment firm knowledge (Professional Certificate in Stockbroking).
• Preferred: previous use of and advice on the CBI Portal, and prior approval for a PCF function (PCF-12, PCF-14, PCF-52 or similar) with the Central Bank of Ireland or another EU regulator.