Head of Compliance

The role

The company provides card issuing and business accounts to around 60,000 small businesses, and its Dublin entity holds the e-money licence that passports the product across 22 EU markets. Transaction volumes have doubled in eighteen months, and a recent Central Bank of Ireland inspection asked for a more senior compliance function on the ground in Ireland. The current team of eight reports into the group in London, and this hire moves the function’s centre of gravity to Dublin. You will report to the Irish CEO, with a dotted line to the Group Chief Compliance Officer.

What you will do

• Hold the Head of Compliance (PCF-12) role and act as the main point of contact with the Central Bank.
• Lead and grow the Dublin compliance team, adding four roles over the next year.
• Rework the compliance monitoring plan and the annual compliance report to the board.
• Implement the EU AML package, DORA and the incoming payment services changes across all passported markets.
• Work with the MLRO on transaction monitoring and safeguarding arrangements.

What you will bring

• Experience as Head of Compliance, or deputy, at a payment or e-money institution, bank or investment firm.
• A record of dealing with the Central Bank of Ireland, including inspections or authorisations.
• A solid grounding in PSD2, the E-Money Directive, AML/CFT and safeguarding rules.
• Fitness and probity approval for PCF roles, or a clear route to it.
• The steadiness to work alongside product, engineering and operations teams who move quickly.

The package

Base of €150,000 to €170,000, a discretionary bonus of up to 20%, share options, an 8% pension contribution and health insurance. Two days a week in the Dublin office. First interviews w/c 12 October.