Hybrid Compliance Analyst – Regulatory Risk & Monitoring

Irish League Of Credit Unions; Kilkenny; Hybrid; EUR 60,000 - 90,000; Full time

Benefits offered by this job

Hybrid working option

Equal Opportunities Employer

Job summary

St Canice’s Kilkenny Credit Union Limited seeks a Compliance Analyst to join the Compliance team. This role operates in the second line of defence, providing independent oversight, monitoring and challenge to the business regarding regulatory obligations.

Reporting to the Head of Compliance, the Compliance Analyst will monitor changes in laws, support risk assessments and help implement the compliance framework.

Qualifications

• Operating in a regulated sector under external regulations and/or internal SOPs.
• Performing compliance monitoring and testing activities.
• Interacting with regulators/internal auditors.
• 5+ years working in a regulated environment.

Responsibilities

• Monitor, assess and interpret changes in laws, regulations and industry guidelines.
• Support business owners and monitor and challenge the implementation of regulatory requirements across the business.
• Conduct compliance risk assessments, identify emerging regulatory risks and support risk-based decision making through analysis and reporting.
• Support the development and implementation of the compliance framework and controls.
• Review and assess first line owned policies, procedures and controls to assess whether they are appropriately designed, aligned with regulatory requirements, and operating effectively across the organisation.
• Perform compliance monitoring and testing activities in accordance with the annual compliance plan, document findings and recommend corrective actions.
• Prepare compliance reports and management information for Senior Management, the Audit/Risk/Compliance Committee, and the Board of Directors.
• Maintain and support the ongoing review of the credit union’s compliance registers, policies and procedures.
• Support investigations into potential compliance breaches and assist with root cause analysis.
• Provide compliance guidance and support to stakeholders across the organisation.
• Support the development and delivery of compliance training and awareness initiatives for staff, volunteers, and directors.
• Liaise with regulators, risk management function, internal audit function as required.

Education

LCI / QFA or relevant compliance qualifications

Job description

St Canice’s Kilkenny Credit Union Limited seeks a Compliance Analyst to join the Compliance team. This role operates in the second line of defence, providing independent oversight, monitoring and challenge to the business regarding regulatory obligations.

Reporting to the Head of Compliance, the Compliance Analyst will monitor changes in laws, support risk assessments and help implement the compliance framework.