Small World Money Transfer
Small World Financial Services - Finanzas
Small World Money Transfer
Small World Financial Services - Finanzas
Job offer Ireland

Position Covered: Compliance Officer - Ireland

This role will be the Nominated Compliance Officer for our Irish Operation.

You will report to the LCC Head of Compliance with a dotted line to the Country Manager, Ireland.

Role details:

  • Be responsible for all necessary Central Bank reporting in Ireland, including statistical and annual reports.
  • Manage the anti-money laundering programme investigating suspicious transactions and referring suspicious transactions to the Country FIU and reporting to FCA after informing the LCC Head of Compliance.
  • Liaise with local authorities, regulators and police with regards to their requests.
  • Conduct periodic compliance reviews on specific areas of the business, such as client KYC, policy revisions, to establish whether the controls and procedures in place are adequate to ensure continuing compliance with FCA, local Central Bank requirements and the data protection act.
  • Take responsibility for ensuring that the duties imposed by the Money Laundering Regulations and all regulations pertaining to the business are complied with.
  • Head the Data Privacy Department in your area.
  • Provide anti-money laundering training for new staff, existent staff (on annual basis) and agents (existent and new agents). This includes online training.
  • Make “Regulatory Early Warnings” about new policies that must put in place to comply with new laws or regulations.
  • Produce an annual report to the Global Compliance Dept.
  • Attend monthly Compliance Committees.
  • Check new agent’s applications and report any discrepancies.
  • Validate that agent details are correctly recorded with the FCA and local Central Banks.
  • Review and update existing agents and send to AOB any forms to be amended.
  • Ensure all customer data is properly filed and recorded on the operational system (Omnex) giving support to Transactions analysts with regards to documents accepted in your local country.
  • Oversight of implementation and suggest internal controls in order to optimize the service and the compliance department performance.
  • Undertake compliance visits to agents following the company's agent oversight programme.
  • Perform due diligence analysis of data and information, using available data sources and research tools such as Lexis Nexis, Call Credit, Credit Safe and GB Group platforms to analyse specific agent onboarding or in Enhance due diligence.
  • Ensure that the complaints procedure is set up and participate in the complaint`s resolution process.
  • Lead Compliance audits (Internal or external) and regulatory examinations.
  • Produce/update the risk assessment for Ireland, update compliance manuals, forms and other compliance policies and procedures.
  • Collaborate in specific Legal and/or Compliance global projects. 
  • Be flexible in helping other Compliance departments in case of "urgent" matters.

Person Specification

Essential Skills & Experience - Previous Experience of submitting Central Bank compliance reports is essential in this role.

Fluency in English is essential. The ability to speak a second language would be advantgeous

Ideal Skills & experience - Previous experience in the Money Transfer industry would be a strong advantage.

In addition, you will also be able to demonstrate:

  1. Ideally you will have experience of facing off to regulators.
  2. You will have excellent Microsoft Office excel and word skills.
  3. Attention to detail and accuracy.
  4. Team working.
  5. Ability to work with a virtual team.
  6. Ability to work independently under pressure.
  7. Experience of analysing data to identify exceptional/suspicious behaviour and undertaking due diligence to investigate that behaviour.
  8. Experience of training employees & third parties in the compliance/legal obligations connected with their roles.

If you’re interested in this role, please send with your CV to