Compliance Specialist
Dublin, IE
Canada Life Assurance Europe plc (‘CLE’) is a dynamic insurance company with over 700 people across our offices in Germany and Ireland. We have been operating in Germany since 2000 and have established a fast-growing presence in one of the world’s largest and most established markets. We specialise in providing innovative unit-linked pension, savings, and protection solutions and have become a trusted partner for life insurance products distributed through independent brokers. It is our priority to support our customers at every stage of life with the best products and service, tailored to their needs - and we’re doing it all in a culture that promotes equality and inclusion for all of our current and future employees.
Role Overview
The Compliance Specialist will support the effective operation of the Compliance function within a cross border insurance business. The role will be involved in the further development of the Compliance Framework, supporting the implementation of key legal and regulatory requirements, and monitoring the effectiveness of controls designed to manage legal and regulatory risks.
The role holder will work closely with colleagues across jurisdictions and functions to help ensure regulatory compliance while enabling the business to meet its commercial objectives.
What you will help us to achieve
Conduct and Ethics
• Ensure fair treatment of customers, including oversight and monitoring of fraudulent activities
• Assist with the identification, assessment, and escalation of conduct risks
• Support rollout and ongoing operation of the Group Code of Conduct
• Support the Compliance Function in the development and implementation of the Anti-bribery & Corruption framework, including maintaining appropriate governance and raising awareness
• Maintain the Gifts & Entertainment and Conflicts of Interest register and provide guidance as appropriate to business areas
AML and Financial Crime
• Support the implementation and ongoing operation of the firm’s AML and counter financial crime framework
• Conduct or support customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring activities, including screening activities
• Assist with the identification, assessment, and escalation of financial crime risks, including suspicious activity
• Support AML risk assessments and contribute to internal reporting and governance forums
• Assist with regulatory submissions and responses relating to AML matters, where required
Compliance Advisory
• Provide day to day compliance advice to business areas on regulatory and conduct matters, particularly in relation to insurance products, distribution, and cross border activity
• Support the business in understanding and meeting regulatory obligations across relevant jurisdictions
• Review and advise on policies, procedures, and business initiatives from a compliance perspective
• Contribute to the development and maintenance of internal compliance documentation
Regulatory Change and Monitoring
• Assist with tracking and assessing regulatory developments relevant to the business
• Support the translation of regulatory requirements into practical guidance for the business
• Participate in compliance monitoring, testing, or thematic reviews as required
Broader Compliance Support
• Support compliance training and awareness activities
• Contribute to compliance projects and initiatives, including those outside AML and conduct, as the role evolves
• Maintain effective working relationships with colleagues across Compliance, Risk, Legal, Operations, and the wider business
• Maintenance of key compliance systems, manuals, and processes
What you will need to be successful in the role
Essential
• Strong interest in compliance, regulation, and financial crime risk
• Ability to understand and apply regulatory requirements in a practical, business focused manner
• Strong analytical skills and attention to detail
• Clear written and verbal communication skills
• Ability to work effectively in a cross border or international environment
• Proficient in German language is preferred; however, training or support may be available for the right candidate
• Commitment to achieving a recognized Compliance qualification (LCOI or equivalent)
Desirable
• Prior experience in a compliance, risk, or regulatory role
• Experience within the insurance or broader financial services industry
• Knowledge of AML regulations and frameworks
Personal Attributes
• Professional judgement and integrity
• Adaptable and comfortable with change in responsibilities and regulatory focus
• Collaborative approach, with confidence to engage constructively with stakeholders
• Willingness to learn and develop across a broad compliance remit
Fitness & Probity:
This role is a ‘controlled function’ as defined by the Central Bank Reform Act 2010 Regulations 2011. Any appointment will be conditional on the company being satisfied that the appointee meets the requirements as set out in the Fitness and Probity standards issued by the Central Bank. This requires the company to complete prescribed due diligence to assess the appointee’s fitness and probity. Further details on this due diligence process are available from CLE Human Resources.
The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Canada Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Canada Life by Recruitment Agencies will not be accepted for this role.
Even if you don’t see yourself reflected in every job requirement listed on the posting above, we encourage you to reach out and apply if you feel you are a good fit for the role. We are committed to creating a more equitable, inclusive and diverse company, and we strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation and life experiences to apply.
Canada Life Group Services is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported. We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.
If you require any accommodations during the recruitment process please contact lifecareers@irishlife.ie and we will be delighted to ensure you are fully supported to be your best.
CLGS supports Equal Opportunity and is regulated by the Central Bank of Ireland.