Head of Financial Crime & MLRO

Dublin City Centre
18 Jun 2019

Head of Compliance & MLRO

The purpose of the role is to provide overhead to the financial crime aspects within the Business Units of the organisation. The candidate will be leading the financial crime team across the European region. The role will demand constant engagement with stakeholders of both an internal and external nature. Act as a figurehead in the financial crime industry in the Irish Market, working along with industry bodies and groups. The position will report to the Global Head of Financial Crime within the organisation.

The successful candidate will be seen as the expert in Irish Financial Crime Law and will have ownership over supporting forthcoming regulation on Irish and EU markets. The role will involve developing and setting financial crime policies in alignment with the organisation's policies.

The role will require expert input on areas within financial crime such as; Counter-Terrorist Financing, Bribery and Corruption, Sanctions compliance, and Anti-Money Laundering. The job will demand the monitoring and oversight of the financial crimes controls through assurance reviews.

The job holder will be accountable for guaranteeing that staff are aware and compliant with their responsibilities to Financial Crime prevention, they will be responsible for reporting suspicious activity to the authorities.

Key responsibilities;

  • Day to day management of the Financial Crime team. Arranging regular feedback and training, developing the team.
  • Implement and maintain the in-depth Financial Crime policies, procedures and controls are effective and fit for purpose. Communicating the organisation's values and strategy for mitigating financial crime.
  • Monitor the risk-based controls, adequately considering the value and available resources to counteract financial crime.
  • In aid of the Group Financial Crime colleagues, to develop and implement a risk-based assurance programme, which would provide value to the function of the organisation and the overall business model.
  • Monitor Risk Assessments relating to Financial Crime, enquiring the accuracy of the risk assessments to ensure efficiency.
  • Analysing policies, standards, laws, and regulations to determine the requirements to ensure compliance.
  • Keep updated with the financial crime market, identifying information and key events which will impact the organisation.
  • Source relevant Management information for review to develop accurate reports to senior management and regulators on Financial Crime activities.
  • Establish communication methods with key stakeholders, with the overall goal to improve and maintain relationships.
  • Highlight the importance of financial crime preventions through work-shop and other awareness-raising methods. Staff training needs will be identified beforehand and will be attended to in an effective manner. The purpose of the training/workshops is to ensure staff understands their role in counter-acting on financial crime.
  • Screen business transactions to identify potential financial crime, providing relevant information is available to improve the decision-making process in regard to the suspicious activity. Ensuring that it is reported on in a timely manner.
  • Oblige by and follow regulations, policies, and inquiries from external authorities, ensuring that they are managed and acted on in a timely manner.
  • Meet the regulatory expectations of the Money Laundering Reporting Officer.
  • Safeguard that all operations and duties are carried out within full regulatory requirements and compliance of the organisation's policies and frameworks.


  • ACOI, Legal or relevant Financial Crime qualification.
  • Experience in Financial services, preferably in the Bank industry.
  • Substantial experience in compliance roles at senior management level.
  • Robust knowledge and understanding of Irish and European Financial crime regulation and legislation.
  • Senior management experience.
  • Experience of a matrix structure.
  • A proven track record of dealing with senior stakeholders with a business.
  • Problem-solving and analytical skills.
  • An ability to develop and enable high-performance across the organisation.

All interested candidates should send CVs to Susan Nix - Morgan McKinley - 01 4321556

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.

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Dublin City Centre
Dublin City Centre
Susan Nix's picture
Client Associate Director | Financial Services Recruitment
Dublin 01 4485694 | snix@morganmckinley.ie