Designated Person For Regulatory Compliance

Overview
Job Title:
Designated Person for Regulatory Compliance & MLRO
Location:
Dublin
Reports to:
Board of Directors
Entity Type:
Alternative Investment Fund Manager (AIFM)
Employment Type:
Full-time
1. Position Overview
The AIFM is seeking to appoint a Designated Person (DP) to assume responsibility for the Compliance & MLRO functions.
The successful candidate will play a key leadership role in overseeing the AIFM's regulatory obligations under the Alternative Investment Fund Managers Directive (AIFMD) and will be responsible for ensuring effective systems of compliance control and fund-level risk management.
Experience with MiFID II requirements is highly desirable.
Additionally, the candidate will assume responsibilities for the broader Infinity Group compliance obligations, including holding the Compliance and MLRO Senior Management Functions (SMF16 & 17) with the FCA in the UK.
2. Key Responsibilities
A. Designated Person – Regulatory Compliance & MLRO
(across the group as relevant)
Develop and maintain a comprehensive Compliance Framework aligned with AIFMD, Central Bank of Ireland (CBI) rules, UK FCA and broader EU regulations.
Lead the implementation of the Compliance Monitoring Programme (CMP) and provide timely reporting to the Board on CMP and other compliance matters.
Monitor the AIFM's and AIFs' compliance with legal, regulatory, and internal requirements, including AIF Rulebook, investor disclosures, and fund prospectuses.
Actively manage compliance risks and escalate issues, breaches, and emerging risks.
Update and maintain Compliance policies and procedures on a group-wide basis.
Ensure local compliance policies and procedures meet regulatory requirements, best market practice, in conjunction with external advisers.
Oversee delegate compliance both broadly and specifically relating to AML (e.g., portfolio managers, fund administrators, depositaries).
Engage with the CBI, FCA, auditors, and legal advisors on compliance inspections and regulatory queries.
Stay informed of evolving AIFMD, MiFID II, and ESMA guidance relevant to AIFMs.
Maintain the AML/CFT Framework in accordance with the Criminal Justice Acts and FCA/CBI Guidelines.
Ensure effective due diligence, ongoing monitoring, and suspicious transaction detection and reporting processes are in place.
Ensure compliance with AML/CTF obligations, including leading internal Compliance AML/CTF training programs and ensuring awareness across staff and Board members.
Maintain up-to-date Business Risk Assessments and Customer Risk Assessments.
Manage periodic regulatory reporting obligations for the CBI and FCA.
3. Qualifications & Experience
Education:
Bachelor's or Master's degree in Business, Risk, Law, or a related discipline.
Experience:
Relevant experience in compliance within an AIFM or related regulated firm.
Strong knowledge of AIFMD, Central Bank of Ireland regulatory expectations (CP86), and Irish fund governance practices.
MiFID II experience is highly desirable.
Prior experience acting as a PCF-39 Designated Person and MLRO is advantageous.
Skills:
Strong regulatory awareness, analytical mindset, and governance discipline.
Excellent verbal and written communication skills with experience presenting to Boards and regulators.
Ability to assess and oversee third-party and intragroup delegates.
Self-starter with the ability to operate independently and lead regulatory initiatives.
4. Governance & Reporting Lines
Reports directly to the Board of Directors.
Attends and contributes to relevant sub-committees (e.g., Risk Committee, Compliance Committee).
Provides formal quarterly updates and ad hoc reporting as needed.
Acts as the CBI's point of contact for their assigned functions.
5. Application Process
To apply, please submit a CV and cover letter detailing your experience with AIFMD and MiFID II-related compliance or risk oversight to:
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