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Central Compliance Director

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Howden Group Holdings

9d ago

  • Job
    Full-time
    Senior Level
  • Government & Politics
    Legal
  • Dublin
  • Quick Apply

AI generated summary

  • You need 5+ years in a senior compliance role in financial services, industry qualifications, strong regulatory knowledge, risk management experience, and engagement with Internal Audit.
  • You will develop compliance plans, policies, and reports, liaise with operational management, mentor your team, and ensure adherence to regulatory standards and group conduct codes.

Requirements

  • A minimum of 5 years of previous experience of operating in a similar role at a senior level within a financial services environment. Has expertise within a number of the specialist functions that they manage
  • Industry recognised qualifications (LCI, Legal etc)
  • Demonstrable experience of setting compliance policies and standards
  • Demonstrable experience of setting compliance programmes and oversight planning
  • Strong knowledge of regulatory requirements relating to the CPC/MCR/IAF
  • Good knowledge of CBI requirements in relation to investment, pension and mortgage products
  • Experience as a senior member of a management team
  • Experience working at Board level
  • Background and understanding of taking regulatory changes and building them into an appropriate 2nd line monitoring framework
  • Strong understanding of Risk Management
  • Extensive experience of engagement with Internal Audit

Responsibilities

  • Prepare an annual Compliance Monitoring Plan, the scope of which shall ensure adequate risk-based assurance of the activities of the firm which shall take account of their respective regulatory risk profiles.
  • Creation of Compliance policies and procedures relevant to the regulatory and legal jurisdictions of each Trading Entity.
  • Liaise regularly with the first line of defence assurance and monitoring functions, to identify opportunities to improve and enhance the quality and efficiency of the Operating Units overall assurance framework.
  • To work with senior operational management to ensure that compliance systems and controls remain appropriate
  • To ensure that operational management are briefed in good time to ensure compliance with regulatory change
  • Manages assigned projects and contributes to other projects in Ireland and across jurisdictions as required
  • Provides relevant management information to the Chief Risk Officer and to the Senior Management
  • To deliver on the Irish compliance plan
  • To ensure that the compliance team makes use of timely and insightful data to inform their understanding of regulatory risks and customer outcomes across the Howden Ireland landscape
  • Develop, manage and refine qualitative and quantitative regulatory/compliance reporting, which meets business requirements, promotes risk reduction and supports effective decision-making
  • Maintaining the errors, complaints and breach reporting process
  • Manage the performance of direct reports and any people management issues connected with teams within their area of responsibility;
  • Acts as a role model for positive management and leadership behaviours;
  • Manages the team to ensure they have relevant objectives which align personal goals to the requirements of the business. Positively encourages professional and personal development of all team members to increase their capability and effectiveness;
  • Motivates team to deliver high performance and achieve objectives;
  • Retains and develops key team members, working with senior managers to develop succession plans where this is appropriate;
  • Remains aware of external, industry, legal and regulatory developments etc to ensure practice and outputs are of a sufficiently high standard;
  • Keeps informed of all legal and regulatory developments relevant to the role; and
  • Strictly adheres to the Group Employee Code of Conduct

FAQs

What is the role of the Central Compliance Director?

The Central Compliance Director is responsible for providing compliance oversight, leadership, and advisory support across Irish entities, ensuring compliance with industry and government regulations, and managing compliance systems and controls.

What qualifications are needed for this position?

A minimum of 5 years of experience in a similar senior role within a financial services environment and industry-recognized qualifications such as LCI or legal certifications are required.

What regulatory knowledge is essential for this role?

Strong knowledge of regulatory requirements relating to the CPC, MCR, IAF, and familiarity with CBI requirements in investment, pension, and mortgage products is essential.

Who does the Central Compliance Director report to?

The Central Compliance Director reports directly to the Chief Risk Officer.

What is the working arrangement for this position?

This role offers a hybrid working opportunity based in the Ringsend office.

Do we offer career development opportunities?

Yes, Howden values career development and encourages professional and personal growth for all team members.

How does Howden promote a positive workplace culture?

Howden promotes a positive workplace culture through support for innovation, collaboration, determination to make a positive difference, and commitment to work/life balance.

Are there leadership responsibilities associated with this role?

Yes, the role involves managing a team, setting objectives, motivating team members, and encouraging their professional development.

How do we handle regulatory changes in compliance?

The Central Compliance Director is responsible for briefing operational management on regulatory changes to ensure compliance systems and controls remain appropriate.

What can I expect in terms of work-life balance?

Howden prioritizes work-life balance, allowing flexibility in working hours and offering a supportive environment for personal and professional commitments.

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Howden Group Holdings

We are an international insurance group with employee ownership at our heart.

Finance
Industry
10,001+
Employees
1994
Founded Year

Mission & Purpose

Howden Group Holdings is a leading international insurance group with employee ownership at its heart. Founded in 1994, it comprises Howden Broking and underwriting business DUAL. Howden Group Holdings’ businesses operate across Europe, Africa, Asia, the Middle East, Latin America, the USA, Australia and New Zealand.