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The Legal Entity Client Asset & Depositor Protection Officer is responsible for ensuring the designated firm complies with regulations on Client Asset Protection and Depositor Protection, including maintaining systems, records and controls. This is a Pre-Approval Controlled Function role for the Central Bank of Ireland (PCF-53) with senior executive and Board level exposure across the Firm.
Job Responsibility:
Hold primary accountability for the Firm's compliance with the Central Bank of Ireland's Client Asset Requirements (CAR) and SEAR Client Asset Responsibilities
Ensure robust governance, safeguarding and oversight of client assets and deposits
Provide assurance to the Board, regulators and clients that the Firm meets its regulatory obligations
Represent the designated legal entity on matters of client asset protection internally
Identify, manage and strengthen an internal network across the group of specialist staff
Maintain and evolve the model of operation
Chair and attend meetings to govern and oversee compliance with relevant regulations
Take responsibility for governance and oversight of client asset protection and depositor processes
Ensure assigned firm complies with new and changed rules or regulations
Maintain detailed records demonstrating compliance with relevant regulations
Build and maintain strong working relationships with internal and external auditors
Act as the Firm's primary point of contact with regulators on client assets matters
Promote a strong culture of accountability and compliance
Continually review and propose steps to strengthen the firm's systems of control
Requirements:
Hands on experience in similar Pre-Approval Controlled Function role
Significant relevant experience and knowledge of Client Asset Protection regulations at a senior level
Depositor Protection experience knowledge a benefit
A proven track record as a successful manager of change and leader of people
A proven track record of advocacy and liaison across diverse stakeholder groups
Considerable experience in the field of financial services and/or banking
Proactive and resilient, with sound judgement under pressure
Bachelors or Master's Degree
Professionally trained in the field of law, accounting, economics or corporate governance
Likely to have undergone formal management and leadership training
Nice to have:
Depositor Protection experience knowledge
What we offer:
Competitive base salary (annually reviewed)
Hybrid working model (up to 2 days working at home per week)
Benefits that support well-being, living well and saving well
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