Compliance Associate

Laya Healthcare; Cork; Hybrid; EUR 48,000 - 60,000; Full time

Benefits offered by this job

Hybrid working model

Job summary

Laya Healthcare is seeking a motivated Compliance Associate to join our Cork-based Compliance team on a 12-month fixed term contract. You will provide guidance on Central Bank, Data Protection and HIA requirements, monitor regulatory developments, and support key initiatives to strengthen the control environment.

The role requires 2-3 years’ experience in Compliance, Risk or Audit, with a strong understanding of financial services regulation.

Qualifications

• 2-3 years' experience in Compliance, Risk or Audit
• Strong understanding of regulatory requirements in financial services
• Experience with Central Bank of Ireland regulatory requirements advantageous
• Knowledge of Health Insurance products and related legislation beneficial
• Excellent communication and stakeholder management skills

Responsibilities

• Provide compliance guidance on Central Bank, Data Protection and HIA requirements
• Analyse new/regulatory developments and assess impact on operations
• Support development of reporting processes and system enhancements
• Collaborate with stakeholders to implement compliance initiatives and controls
• Maintain and update the Compliance Framework to reflect new legislation and processes
• Conduct second-line compliance monitoring per annual plan
• Prepare monthly management and quarterly Audit & Risk Committee reports
• Support AML compliance activities including training coordination
• Perform horizon scanning for regulatory developments
• Act as a contact point for compliance matters across the organisation
• Support ad hoc compliance projects as required

Skills

Regulatory knowledge & governance

Analytical thinking

Stakeholder management

Attention to detail

Communication skills

Education

Bachelor's Degree

Compliance/ Risk/ Audit qualification (ACOI, IMI, ACA, ACCA, CPA)

Job description

Reporting to

Senior Compliance Associate

Contract Type

12-Month Fixed Term Contract

About the Role

Laya Healthcare is seeking a motivated and detail-oriented Compliance Associate to join our Compliance team based in our Cork office, Little Island, on a 12-month fixed term contract.

This is an excellent opportunity for a compliance professional to broaden their experience within a dynamic and regulated environment while contributing to the continued development of Laya Healthcare's compliance framework. You will work closely with colleagues across the business, providing compliance guidance, supporting key compliance initiatives, monitoring regulatory developments, and helping ensure adherence to regulatory requirements, including those of the Central Bank of Ireland, the Health Insurance Authority (HIA), and Data Protection regulations.

Key Responsibilities

• Provide advice and support to the business on Central Bank, Data Protection and Health Insurance Authority (HIA) compliance requirements
• Analyse new and emerging regulations and assess their impact on business operations
• Support the development of reporting processes and system enhancements to strengthen the control environment
• Work collaboratively with business stakeholders to implement key compliance initiatives and controls
• Maintain and update the Compliance Framework to reflect emerging legislation, revised controls and new business processes
• Conduct second-line compliance monitoring activities in line with the annual compliance plan
• Prepare monthly compliance reporting for Senior Management and quarterly reporting for the Audit & Risk Committee and Board
• Support Anti-Money Laundering (AML) compliance activities, including training coordination and policy maintenance
• Undertake horizon scanning to identify emerging legislation, regulatory developments and industry impacts
• Act as a key point of contact for compliance-related matters across the organisation
• Support ad hoc compliance projects and initiatives as required

Skills & Experience

• Experience working in Risk, Compliance, Audit or a related discipline within the Financial Services industry
• Ideally 2-3 years' experience in a Compliance, Risk or Audit role
• Strong understanding of regulatory requirements within the insurance or financial services sector
• Working knowledge of Central Bank of Ireland regulatory requirements
• Knowledge of Health Insurance products and relevant industry legislation would be advantageous
• Excellent communication and stakeholder management skills
• Strong analytical and problem-solving abilities
• High level of attention to detail and accuracy
• Strong organisational skills with the ability to manage competing priorities and deadlines
• Ability to work independently and collaboratively as part of a team
• Strong influencing and relationship-building skills

Qualifications

• Bachelor's Degree (required)
• Recognised Compliance, Risk, Audit or Accounting qualification such as ACOI, IMI, ACA, ACCA or CPA (required)
• Relevant professional qualifications in Compliance, Risk Management or Audit are highly desirable

Fitness & Probity Requirements

Please note that this role is designated as a Controlled Function (CF) under the Central Bank of Ireland's Fitness & Probity Regime. The successful candidate will be required to meet the Fitness & Probity Standards issued by the Central Bank of Ireland and successfully complete all associated due diligence, background screening, and certification requirements as part of the appointment process.

What We're Looking For

• A proactive and professional approach to compliance and regulatory governance
• A strong sense of accountability and ownership
• A collaborative team player with excellent interpersonal skills
• The ability to build strong working relationships across all levels of the business
• A highly organised individual with excellent attention to detail
• A flexible and adaptable approach to changing priorities and regulatory requirements
• A commitment to continuous learning and professional development

Why Join Laya Healthcare

• Be part of a highly respected organisation within the healthcare and insurance sector
• Work alongside experienced professionals in a supportive and collaborative environment
• Gain valuable exposure to regulatory compliance, governance and risk management activities
• Contribute to meaningful projects that support customers, colleagues and the wider business
• Enjoy the flexibility of a hybrid working model

Diversity, Equity & Inclusion

At Laya Healthcare, we are committed to creating a workplace where everyone feels valued, respected and empowered to succeed. We believe diversity of thought, background and experience strengthens our teams and enables us to better serve our customers and communities. We welcome applications from candidates of all backgrounds and encourage individuals to bring their authentic selves to work.

Laya Healthcare is proud to be an equal opportunities employer. We are committed to providing a fair and inclusive recruitment process and do not discriminate on the basis of age, disability, gender identity or expression, family status, marital status, race, religion, sexual orientation, membership of the Traveller community, or any other characteristic protected by law. We are dedicated to building a workforce that reflects the diverse communities we serve.