Compliance Officer

Your area of work:

The Compliance Function works closely with the individual business units and group control functions to ensure compliance with local and international laws and regulations applicable to Deutsche Börse Group and its business activities. The Compliance Function has a proactive role in the identification of possible regulatory or reputational risks, including those that may arise in connection with new activities and products. Compliance Function works in collaboration with Group Compliance which is responsible for defining group-wide compliance minimum applicable requirements, supports their uniform application within the group entities, and provides centralised services to prevent money laundering and terrorist financing, international financial sanctions, other criminal offences, data protection, and the prevention of conflict of interests or market abuse.

CFCL Cork branch Compliance is a part of the CFCL Compliance team and working in collaboration with other Group entities.

Located in Cork, the Compliance Officer contributes to the success of the overall Clearstream Compliance function  embedded in a broader compliance approach across the Deutsche Börse Group and Clearstream Sub-Group. The Compliance Officer will bring matter expertise on Anti Financial Crime  and will contribute to the overall strengthening of Compliance activities and processes.  

Your responsibilities:

• Monitor the development of regulatory obligations and requirements in EU countries regarding the AML/CFT matters  
• Maintain and improve the CFCL’s compliance framework 
• Ensure the compliance framework aligns with industry standards and regulatory requirements.
• Reviewing Fund acceptance at on-boarding to ensure conformity to AML/KYC policy/ standards, producing client document requirements and due diligence analysis
• Reviewing/ Supervision of alerts arising from the screening of databases against sanctions lists
• Overview of business/blocking rules and account stops handling
• Ensure prompt submission of draft SARs/STRs to relevant Compliance team
• Supporting business on incoming due diligence and advise on Compliance matters
• Reviewing client profiles at on-boarding to ensure conformity to AML/KYC policy/ standards, producing client document requirements and due diligence analysis
• Performs regular and ad-hoc compliance-related reviews of client files
• Develop training measures to raise staff awareness on AML/CTF and Fraud requirements and respective staff obligations
• Perform ad-hoc trainings for dedicated target groups on specific topics
• Provide ad hoc support for the business on various topics/escalations and support any industry initiatives such as Irish Funds Group.
• KPI reporting for insourced activities.

Your Profile:

• University degree in law, finance or a relevant comparable qualification preferable.
• Detailed understanding of the funds industry.
• 3+ years experience in the Compliance (2nd line of defence) function or similar field (Audit, Control, Legal etc.).
• Knowledge in AML, KYC, Other Criminal Offences / Fraud, Prevention of Market abuse.
• Experience in managing senior stakeholders and operate in complex matrix organization, multicultural environment, in a multi-location setup.
• Strong organizational skills and ability to cope with tight deadlines and handle multiple priorities whilst being solution driven and client focused.
• Communication and negotiation skills, including ability to present complex matters in a clear and comprehensive way.
• Strong individual initiative, high level commitment and motivation.
• Excellent command of spoken and written English; French and German are a plus.