Overview
Microsoft Ireland Payment Services Limited MIPSL is being established as an Irish payment institution, subject to authorisation and regulation by the Central Bank of Ireland CBI.
You will report to the Head of Compliance and Anti-Money Laundering and form part of MIPSL's independent second-line Compliance function, working closely with teams across MIPSL and Microsoft, including Risk, Legal, Anti-Money Laundering and Financial Crime, Operations, Product and Engineering.
Responsibilities
Go-Live Readiness & Operationalisation: Play a hands-on role in completing, testing and operationalising MIPSL’s Compliance framework ahead of go-live, ensuring key regulatory controls are appropriately designed and operating effectively.
Compliance Monitoring & Testing Programme: Build, operationalise and continuously enhance MIPSL’s second-line Compliance Monitoring & Testing Programme, including methodology, standards, procedures and documentation.
Risk-Based Testing Plan: Develop and execute a risk-based annual Compliance Monitoring & Testing Plan, aligned to MIPSL’s regulatory obligations, risk profile and emerging risks.
AML/CFT Controls Testing: Lead second-line testing of AML/CFT controls, providing independent assessment of control design and operating effectiveness.
Broader Compliance Testing: Deliver testing across the wider Compliance framework, including consumer protection, conduct and other applicable regulatory requirements.
Change & Pre-Go-Live Testing: Design and lead Compliance testing of material business, product, process and control change, including targeted pre-go-live assurance.
Thematic & Controls-Based Reviews: Design and execute high-quality thematic and controls-based reviews focused on material and emerging compliance risks.
Findings & Remediation: Clearly articulate findings, root causes and required actions, and independently validate the effectiveness and sustainability of remediation.
Insight & Reporting: Translate testing outcomes into actionable insight and senior-level reporting, highlighting themes, emerging risks, control weaknesses and areas requiring management attention.
Regulatory & Audit Support: Support regulatory reviews, inspections, Internal Audit and other assurance activity, providing clear evidence and insight from the Compliance Monitoring & Testing Programme.
Stakeholder Partnership: Build strong relationships across Compliance, Risk and the First Line, providing constructive challenge while supporting sustainable control improvements.
Automation & Continuous Improvement: Lead opportunities to automate, enhance and scale Compliance monitoring, testing, analytics and reporting.
Qualifications
Required/Minimum QualificationsSignificant experience in Compliance Monitoring, Testing or Assurance within regulated financial services.
Strong knowledge of Irish and EU financial services regulation, with strong AML/CFT controls-testing experience.
Experience designing and executing risk-based monitori
