Head of Compliance and Legal - Dublin

Recruiter
Anonymous
Location
United Kingdom
Salary
100000.00 - 120000.00 GBP Annual + GBP100000 - GBP120000/annum
Posted
16 May 2017
Closes
30 May 2017
Category
Accounting
Function
Consultant
Contract Type
Permanent
Hours
Full Time
Our client Dublin office are currently looking for a Head of Compliance and Legal.

Key aspects of the position:

Support the strategic priorities for the company and provide legal and compliance advice for the business. Through your function, assist the Senior Management Team with building a vision for the company: finding opportunities to bring in volume, gain scale, make efficiency, control costs etc.
Be an integral part of the Group's Risk, Legal and Compliance Function and, in particular, promote the learning from oversight of a variable annuity business.
Oversee the implementation of the compliance monitoring and education programme and legal plan;
Manage a team of legal and compliance professionals to maximise their effectiveness both as a team and as individuals, provide leadership to the team. Ensure robust talent and succession maps are in place for your direct reports. Allocate resources to ensure that the legal requirements of key projects and other defined objectives are met;
Act as anti-money laundering reporting and data protection officer;
Report to the Board of Directors, Risk and Audit committee and Group in relation to any compliance or legal issues which pose a risk to the business in accordance with the risk appetite of the company;
Provide oversight, challenge and assistance in the day to day operations of the company so as to embed best compliance practice;
Monitor changes and updates in laws and regulation that impact the business with the aim of providing relevant and timely advice;
Support the Senior Management Team to manage the relationship with the Central Bank of Ireland;
Be a member of the Group Compliance Leadership Team working to identify best practice across the Group and utilise local market expertise and knowledge
Drive a "customer culture" throughout your function, ensuring a strong focus on customer need and balancing a commercial approach with regulatory and compliance responsibilities;
Manage the direction and control of external legal and compliance advisers, ensuring maximum efficiency of work are achieved and proactively managing costs incurred; and
Maintain oversight of complaints and litigation including advice on Financial Services Ombudsman final response letters.

Qualifications:

Senior legal professional (with at least 8 years PQE)

Skills:

Excellent communication skills - verbal, written, and listening
Leadership skills - the ability to promote the skills of the legal and compliance function
Team working - strong team player with the ability to interact with colleagues at all levels
Attention to detail

Knowledge:

Knowledge of Life Market and Regulatory regime (particularly Solvency II)
Insurance law and regulation, Corporate law and regulation
Knowledge of Variable Annuity (VA) market or similar guaranteed products a considerable advantage