Designated Person for Regulatory Compliance (PCF-39F)

Vacancy Name
Designated Person for Regulatory Compliance (PCF-39F)

Location(s)
Dublin

Employment Type
Permanent

Department
Governance, Legal & Compliance

Description

Who are we looking for?

We are currently recruiting for Designated Person for Regulatory Compliance (PCF 39-F) to join our growing Compliance team in our Dublin office. The ideal candidate will be an ambitious, driven compliance professional who is looking to grow a compliance team in a fast-growing financial services firm. You will work closely with other members of the Senior Management team in Ireland and compliance teams across Carne's global locations.

What are the minimum requirements you need for the role?

• University degree (or equivalent qualification) and ideally with the relevant Compliance or legal qualification.
• Sound grasp of local legal and regulatory funds framework.
• Experience of AIF and UCITS products.
• Minimum of 8-10 years' funds industry experience.
• Ideally UCITS Management Company/AIFM and/or MiFID experience but not essential.
• Excellent written and oral communication skills.
• Ability to analyse complex issues.
• Strong ability to evaluate regulations and translate the operational impact.
• Experience in carrying out a Compliance Monitoring Programme; and
• Team player with a proactive attitude towards anticipating emerging risks.

What is your role and your responsibilities?

• Responsible for analysis and consideration on regulatory matters impacting Carne Irish management company activities as a UCITS management company and AIFM.
• Responsible for the liaison with CBI, other local and European authorities and regulators.
• Analyse the regulatory rules affecting the Management Company/AIFM business and any changes thereto.
• Prepare relevant management information for presentation to the stakeholders and upon request to clients.
• Consistently review the compliance policies and procedures to comply with relevant regulations.
• Collaborate with the Onboarding, Legal and Oversight teams to provide oversight of third parties.
• Support the development of a robust Compliance culture.
• Support the further development and oversight of the Compliance Monitoring Programme.
• Represent the Compliance function in local or group wide projects and governance committee.
• Active participation in the execution of Carne's compliance monitoring programme.
• To support actions relating to training, policies and procedures and due diligence visits; and
• To support Carne's regulatory reporting requirements to the Central Bank of Ireland are met.
• Maintain UCITS existing rule mapping in accordance with S.I. 352 of 2011 UCITS Regulations 2011 and S.I. 352 of 2011 that has been agreed for DP Regulatory Compliance and all other DPs for reference based on the CP86/Fund Management Company Guidance.
• Quarterly reporting to the board of the Management Company.
• Review of valuation errors and investment breaches to the board (errors, breaches, complaints);
• Ongoing monitoring of conditions for authorisation including annual update of the Business Plan.
• Oversight of Maintenance of Designated email address.
• Review record keeping for Management Company records.
• Monitoring of Compliance Policies to ensure are up to date review and reporting to the board on same.
• Monitor the effectiveness of controls by the Company with applicable anti-money laundering legislation in conjunction with the MLRO.
• Review any proposed related party transactions.

What Competencies do you require?
Effective CommunicationCommunicates effectively, both in an advisory capacity and providing challenge where required Leading & InfluencingMotivate and support others to deliver results, coaching them to optimise performance. Help mentor and develop junior members of the team.Teamwork (Team player)Develops relationships within and across teams, working collaboratively to resolve potential challenges quickly.Drive and MotivationHighly motivated and driven, able to focus on what needs to be achieved and enthuses others to do this.ResilienceWork well under pressure, bounce back quickly from setbacks in a positive and constructive mannerClient-centric focusMotivated by customer-facing environments, understanding their needs, and providing a good service.Planning and OrganisingOrganises and plans work effectively, ensuring delivery to quality and timescales in the short and longer-termAnalytical (Attention to detail)Analyses and understands relevant and complex information and data to draw appropriate insights.Strategic Focus (Problem-Solving)Thinks strategically, thrives on innovation, considers the wider picture to identify new approaches to enhance business impactAdaptabilityAdapts approach and responds effectively to different situations, people and new opportunities

Who is Carne Group?

Carne Group has established itself in the funds industry with $2tn in AUM supported by 600+ staff and four regulated management companies. Together with a large team of industry specialists, Carne serves more than 650+ traditional and alternative asset management clients from key fund jurisdictions and financial hubs including Ireland, Luxembourg, Zurich, Lisbon, London, New York, Cayman and Channel Islands.

Excellence and innovation are central to Carne's work and we are committed to attracting and retaining the best talent to deliver an unrivalled service to our clients. Whilst working with Carne, you will be provided with opportunities to develop your skills and experience by working in a dynamic, innovative, and multicultural environment where exciting careers are built.

We love hearing from anyone who is enthusiastic about changing the asset management industry. Not sure if you meet all the requirements? Let us decide! Research shows that members of other under-represented groups tend not apply to jobs when they think they may not meet every qualification, when in fact, they do! At Carne we are committed to creating a diverse and inclusive environment and strongly encourage you to apply.