Head of Compliance/ MLRO Ireland
Full time, Permanent
About PremFina.
PremFina is a dynamic and tech-led provider of premium finance solutions, revolutionizing the insurance industry through our innovative financial products, digital platforms, and tailored services. As a fintech startup based in the UK, we empower Insurance Intermediaries MGAs (Managing General Agents), and insurers to offer flexible financing options to their customers, enhancing their brand and customer experience. PremFina is now launching into the Republic of Ireland market with a focus on delivering our product to the insurance intermediary market.
Overview.
We are seeking a highly skilled and experienced Head of Compliance / MLRO to join the Irish business. The successful candidate will design and implement the compliance infrastructure for the Irish business and will be instrumental in ensuring that PremFina's operations comply with relevant regulatory requirements. The ideal candidate will possess a strong technical understanding of financial regulations in the Republic of Ireland and the ability to develop and implement effective compliance strategies.
Key Responsibilities.
- Develop, implement, and maintain robust compliance framework, policies, and procedures to ensure adherence to regulatory requirements in the Republic of Ireland.
- Serve as the primary point of contact for all compliance-related matters and provide guidance to internal stakeholders on regulatory issues.
- Oversee the day-to-day compliance activities, including monitoring and surveillance programs, risk assessments, and regulatory reporting.
- Preparation and execution of the regular Risk & Compliance Forum for PremFina Ireland Limited.
- Conduct regular audits and reviews to assess compliance with internal policies and external regulations.
- Act as the MLRO and ensure timely reporting of suspicious transactions to relevant authorities in accordance with legal obligations.
- Keep abreast of regulatory developments and industry trends, providing insights and recommendations to senior management.
- Collaborate with cross-functional teams to implement compliance controls and enhance risk management processes.
- Foster a culture of compliance and ethical conduct throughout the organization.
Qualifications and Experience.
- Hold a recognised Compliance Officers ’qualification.
- Proven experience in a compliance leadership role within the financial services industry, with a focus on insurance and/or fintech sectors.
- In-depth knowledge of relevant regulatory frameworks, including AML, CTF, GDPR, and other applicable laws and regulations.
- Strong understanding of compliance best practices, risk management principles, and internal control frameworks.
- Demonstrated leadership capabilities, with a track record.
- Excellent communication, negotiation, and interpersonal skills, with the ability to influence stakeholders at all levels.
- Ability to work both independently and in a project environment, handle multiple priorities, and thrive in a fast-paced and dynamic environment.
Why Join PremFina?
- Opportunity to be part of a pioneering fintech company at the forefront of innovation in the insurance industry.
- Collaborative and inclusive work culture that values diversity, creativity, and continuous learning.
- Competitive salary and benefits package, with flexible working arrangements available.
How to Apply.
If you are a driven and experienced compliance professional looking for an exciting opportunity to contribute to PremFina's growth and success, please submit your CV and cover letter outlining your suitability for the role to fiona.charles@premfina.com.