Home Ireland Director of Risk and Compliance

Home Ireland Director of Risk and Compliance

Director of Risk and Compliance

Full time at Ardmac in Ireland
Posted on September 11, 2024

Job details

Job Purpose We are currently seeking an experienced and highly motivated Director of Risk and Compliance to join our team. In this role, you will be pivotal in ensuring that our operations run smoothly, efficiently, and within the bounds of legal and regulatory requirements. If you are passionate about compliance and have a keen eye for detail, this is an excellent opportunity to make a significant impact in a dynamic industry. The role will be based in Dublin or Madrid; it will involve some European travel and will also have a reasonable level of flexibility for remote working. The ultimate purpose of this role is to develop, review, audit, monitor, support and report on both strategic and tactical risk and compliance matters across the group. Duties and Responsibilities You will work closely with a broad range of stakeholders across Ardmac & Purever (Ardmac’s parent company) to develop and implement policies, procedures and frameworks that align with industry standards and regulatory requirements. Your role will involve evaluating and mitigating risks; managing relationships; overseeing all legal and insurance matters; and appraising the Commercial teams’ view of contractual terms. The role holder will also be responsible for developing a strategic risk review cycle across the business. Risk Management

  1. Identify potential risks (financial, operational, strategic, legal, etc.) that could impact the company. Regularly assess and update the company risk register.
  2. Assess and manage risks related to the supply chain, including supplier reliability, material costs, and delivery timelines.
  3. Monitor market conditions, changing regulations and economic factors that could impact the company’s operations, such as fluctuations in material costs, changes in interest rates, and geopolitical risks.
  4. Manage non-disclosure/confidentiality agreements.
  5. Lead the development and implementation of crisis management and business continuity plans to ensure the company can respond effectively to emergencies.
Compliance
  1. Ensure that the company complies with all relevant laws, regulations, and industry standards. This includes environmental regulations, labour laws, health and safety regulations, and construction standards.
  2. Apply and update overseas compliance commercial processes.
  3. Ensure compliance with overseas jurisdictions, evaluate compliance processes, track compliance through audits and measurable metrics.
  4. Conduct training programs for employees to ensure they understand compliance requirements and their role in maintaining same.
  5. Oversee compliance with environmental regulations and manage risks related to environmental impact, including waste management and emissions control.
Commercial
  1. Review and assess contracts for risk implications, ensuring that contractual terms mitigate financial and operational risks.
  2. Negotiate commercial & contractual terms with clients on a case-by-case basis as required to support the Commercial Leads.
  3. Develop essential document templates, such as standardised supply chain contracts.
  4. Handle legal matters, including formal dispute resolution, potential debtor/creditor legal actions, and early intervention in internal disputes.
  5. Oversee relationships with local legal advisors, claims consultants, and related parties.
Financial
  1. Build relationships to price and obtain bonds; as well as agreeing the wording with sureties and manage relationships with sureties, brokers, and related parties.
  2. Develop and broaden bonding processes, including retention, defects, and other related areas.
  3. Manage the company’s insurance portfolio, including construction-specific insurance like surety bonds, builder’s risk insurance, and general liability insurance.
Leadership & Reporting
  1. Continuously monitor the risk environment and report to the executive team and board of directors on the status of risk management activities.
  2. Develop and implement strategies to mitigate identified risks, evaluate compliance processes, track compliance through audits and measurable metrics.
  3. Protect the company’s reputation by managing risks related to public perception, stakeholder relations, and media exposure.
  4. Oversee internal audits and investigations to ensure compliance with policies and regulations. Address any non-compliance issues that arise.
Lead ad-hoc risk/compliance activities Qualifications, Knowledge & Experience To excel in this role, you should bring a solid foundation in compliance and risk management, specifically within the construction industry. Your ability to integrate strategic foundations into daily performance, manage stakeholder relationships, and ensure compliance with legal and financial requirements will be crucial.
  1. Extensive knowledge of the construction industry, with a particular emphasis on managing the different forms of commercial contracts, risk mitigation and insurance.
  2. Strong ability to manage relationships with stakeholders.
  3. Ability to integrate strategic foundation in daily performance.
  4. Proven expertise in ensuring compliance with legal requirements.
  5. Experience in preparing license agreements.
  6. Capacity to enforce financial policies effectively.
  7. Competence in developing organizational policies that align with industry standards.
  8. Leadership and influencing skills.
  9. Fluency in a second European language desirable - ideally French, Spanish, or Portuguese.
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