Oliver James have partnered with an exciting General Insurer, in scale up mode, to appoint their Head of Compliance to the Irish organisation.
This newly created position within the firm will report to the CEO and be responsible for carrying out all duties associated with the CBI requirements for a PCF 12 position. The successful candidate will have a huge amount of autonomy within the function within the firm who place a huge deal of importance on their regulatory functions. The successful candidate will have a varied day-to-day which will look like but not be limited to the below;
- Advise the board of directors on compliance with the Solvency II regulations and other laws applicable in the State adopted pursuant to the Solvency II Directive;
- Assess the possible impact of any changes to laws applicable in the State and across the EEA on the operations of the undertaking and the identification and assessment of compliance risk;
- Implement a robust compliance monitoring programme and report the results to the Audit Committee on a periodic basis;
- Act as the focal point for executive management on all compliance issues relevant to the Company, including for all projects that arise;
- Monitor compliance with applicable statutory and regulatory requirements and relevant guidance applicable to the Company;
- Work with management to help ensure that robust compliance systems are in place, fully operational and understood by all relevant staff
- Prepare reports regularly to the Company's Board / Risk Committee on general compliance issues, trends Define and develop the Annual Compliance Plan in line with best practice and regulatory requirements;
- Lead compliance training to promote understanding across all business levels
- Review new business activities to ensure they are assessed for compliance & potential risks
- Handle Complaints received by the company in line with the Company's complaints procedures
- Review company policies and procedures to ensure they are compliant with local legislation, where necessary prepare or suggest amendments;
- The application, maintenance and updating of the Conflict of Interest Policy, at least on an annual basis after completing a review of the Conflict of interests register and conflict mapping;
- Ensure appropriate disclosure to the regulators and other interested parties where required, i.e. when a material compliance breach occurs;
- Act as the Company's Data Protection Officer, appointed by the Board, to monitor that the Company is in line with all of its data protection requirements as per the General Data Protection Regulations 2015 and prepare regular reports to the Board;
- Contribute to the general management of the company as a member of the executive management team;
The successful candidate will possess the following core competencies;
- A minimum of 8-10 years within a senior regulatory compliance/ Legal position ideally holding a PCF designation.
- A proven track record of working within a Central Bank of Ireland regulated environment as well as
- knowledge of the regulatory landscape, particularly on as it pertains to Freedom of Services operations across the European Economic Area?
- Experience with local regulatory and governance environment
- Experience in developing, implementing, managing and monitoring corporate compliance programs and working with code of conducts and ethical issues
- Strong understanding of a range of compliance frameworks
- Strong communication skills, both orally and in writing across all levels of management
- Ability to build successful relationships with a number of senior stakeholders
If you would like to be considered for the position, click the apply button below. Alternatively, if you would like to have a confidential discussion on the same, please reach out on the following contact information;
jack.callan@oliverjames.com | +35315719706
