Risk & Compliance Assistant Manager/Manger

Azets Risk & Compliance Manager

Talent Formula(www.talentformula.co) is a consulting firm that offers outsourced financial

and accounting Human Resources to Chartered Accounting firms worldwide. We

currently have a Risk & Compliance support position available in our Azets

Ireland team. Azets Ireland already has 8 members in its Audit Team who are

located across India.

Role:

This position plays a key role in growing Azets Irelands presence in the region. This role is crucial for ensuring that the firm adheres to legal standards and internal policies, thereby safeguarding its reputation and operational integrity.

The purpose of this role will be to support the Head of Risk and Compliance of Azets Ireland in managing the compliance function of the firm.

You will be responsible for helping to ensure that the firm adheres to legal standards and internal policies, thereby safeguarding its reputation and operational integrity.

Key Responsibilities will include

Carry out conflict checks for Azets UK (AUK) and Azets Ireland (AIE)

• Maintain and update internal registers (including conflicts check for AUK and AIE, incoming cheques, bank drafts, data breaches, DSARs, complaints, and manual fit & proper records)

Anti-Money Laundering (AML)

• AML admin As a third approver conduct review of AML docs submitted by service line teams before it goes to the Head of Risk and Compliance.
• Handle projects which involve conducting review of existing clients to ensure AML information is up to date and all information on HNW (High Net Worth Clients) has been obtained from service lines.
• Handle HNW (High Net Worth) Projects

RBO/KYC/ID Pal Admin:

• RBO

  : Register of Beneficial Ownership tracking who actually owns the client entity.

• KYC

  : Know Your Customer verifying client identity and risk.

• ID Pal

  : A software/tool used for identity verification. Be an administrator of ID Pal.

Due Diligence

Gather PCs, CPD Records, IES8

• PCs

  : Gather Professional Certificates

• CPD

  : Maintain records of continuing Professional Development records of learning/training.

• IES8

  : Complying with IES8, an international education standard for audit professionals.

- Monitor F&P (Fitness & Probity) - Ensuring people in key roles are fit (ethically, professionally) to do their jobs.

- Update the Hub Updating the internal database with the compliance proceedings.

- Monitor client accounts - Keeping an eye on compliance-related aspects of client accounts, like unusual transactions or overdue documents.

- CAI (Chartered Accountants Ireland)

• Notification of Changes - Reporting changes in firm structure or staff to the regulatory body.
• Schedule AR (Annual Return) completion - ensuring deadlines are met.
• Complete CAI forms and prepare letters on behalf of the partner/manager

Update Letterhead & GTOB

• Letterhead

  : Company stationery must reflect the latest legal info (partners, registration, etc.).

• GTOB (General Terms of Business)

  : Legal terms clients agree to ensure they're current and correctly used.
• Support post-merger and acquisition integration processes
• Provide suggestions re update for AIE website & email footer, helping ensure compliance and professionalism in external communications and branding.
• Data gathering for Group Internal Audit - Collecting required documentation to help the groups audit function check for compliance issues.
• Organise annual compliance reviews and relevant data gathering - Scheduling and preparing for yearly reviews to ensure the firms policies and practices are compliant.
• Prepare monthly group report - Pulling together updates/data across the business for a senior-level monthly compliance report.
• Liaising with Group Technical team on compliance queries
• Updating of existing firm policies and procedures on a regular basis
• Monitor correct use of LOEs (Letters of Engagement) and GTOBs (General Terms of Business)
• Compliance Reviews scheduling
• Should be working on Internal AML power app platform and CCH
• Managing the timely and successful completion of all delegated tasks

Skills, attributes and competencies required

• Would need a minimum of 3-5 years experience in experience in risk management, compliance, legal or a related area
• Degree qualified in Legal, Commerce, Business or equivalent
• Qualified CA preferred
• Has proven experience in a Risk & Compliance support role.
• Has excellent communication (written and verbal), interpersonal, planning and organising skills to effectively manage a team and is able to display initiative and lateral thinking coupled with good problem solving and analytical thinking ability.
• Experience with a Professional Services firm is a must along with an understanding a Risk & Compliance function. Big 10 experience is preferred but not essential
• Excellent attention to detail and technical skills
• Knowledge of business trends, and emerging technical and industry developments
• An effective and motivated team player
• Strong leadership skills with a proven ability to prioritise workloads and meet deadlines
• Self-starter who can critically analyse and assess information.

How to apply?

To be considered for this role, you must complete 3 steps:

1. Apply to this job and upload your resume
2. Complete the Skills Tests for this role you must follow the link below and complete the testing assessments. The first assessment is a Skills Test, to assess your technical ability and numerical reasoning.
3. Complete the Psychometric Test for this role
4. If you successfully clear the Skills Test, you will be redirected to a Psychometric Test to assess how you think and make decisions.

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If you do not complete the assessments then you will not be considered for the role.