Jobs Companies Piraeus Bank Compliance Manager

About this Compliance Manager role at Piraeus Bank

Piraeus Bank · Onsite · Athens, Attica, Greece

We are seeking an experienced professional to lead compliance oversight across a portfolio of regulated subsidiaries operating in the insurance, investment, and broader financial services sectors. The role is responsible for ensuring the effective implementation of compliance and governance frameworks across subsidiary entities, while providing strategic guidance on regulatory developments, compliance risks, and supervisory expectations. The successful candidate will bring extensive experience in highly regulated financial environments, with expertise in the insurance sector and a strong understanding of the regulatory frameworks governing investment, banking and financial products.

Responsibilities

  • Responsible for the implementation and continuous enhancement of the Compliance Oversight framework across regulated subsidiaries, including insurance, investment and other financial services entities.
  • Oversee and challenge subsidiaries' compliance with applicable regulatory requirements, Group Compliance standards and internal governance frameworks.
  • Οversee and advise on the implementation of corrective actions and remediation plans arising from audits, compliance reviews and regulatory inspections.
  • Provide strategic compliance and regulatory guidance and advice to subsidiary Compliance Officers and senior management, escalating significant governance and compliance issues as appropriate.
  • Oversee and advise on the assessment of material compliance, regulatory and governance matters across subsidiaries, ensuring timely resolution and effective risk mitigation.
  • Monitor regulatory developments and assess their impact on subsidiaries’ activities, products and control frameworks.
  • Foster a consistent compliance culture and promote the adoption of Group Compliance best practices across subsidiary entities.
  • Liaise with regulatory authorities, auditors and external stakeholders on matters impacting subsidiary compliance frameworks, in cooperation with the Competent Compliance Functions of subsidiaries.

Requirements

Qualifications:

  • BSc in Finance, Business, Banking, Economics, Risk Management or a related field.
  • MSc in a relevant discipline will be considered an advantage.
  • Minimum 10 years of professional experience in Compliance, Risk Management, or Internal Audit units within the insurance, financial services, or consulting industries.
  • People management experience, including leadership and development of teams.
  • Strong knowledge of insurance regulation, including Solvency II, IDD and insurance governance frameworks.
  • Good understanding of regulations applicable to investment, banking and financial products, including MiFID II, MiCA and related regulatory frameworks.
  • Experience working with regulated entities and complex group structures.
  • Professional-level English verbal and writing skills.
  • Strong stakeholder management skills and experience interacting with regulators and senior governance bodies.

 

 

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About Piraeus Bank

WHAT WE DO

Headquartered in Athens and with approximately 11.1 thousand employees, Piraeus Bank offers a full range of financial products and services to 5.5mn customers in Greece. The Group's total assets stood at €61.2bn on 31.12.2019.

Piraeus Bank leads a group of companies covering all financial activities in the Greek market.

Today, we rank first in business financing, with a market share of 32% and balances of c.€30bn. Piraeus Bank possesses particular expertise in the areas of medium-sized and small enterprises, agricultural banking, consumer and mortgage credit, green banking, capital markets and investment banking, as well as leasing and factoring.

These services are offered through a nation-wide network of 527 branches and 1,913 ATMs of the Bank in Greece, as well as through its innovative digital banking platform, winbank.

Piraeus Bank strives to differentiate itself with the provision of superior standards of customer service by adopting the most modern international innovations and technological solutions. In this context, an automated electronic branch, known as "e-branch", was set up and has been operating since 2016. This is a completely new concept for the Greek market. Piraeus Bank currently operates 10 e-branches in which transactions are carried out with speed, convenience and security.

WHAT WE STAND FOR

Piraeus Bank has established a unified culture based on the principles of accountability, meritocracy and transparency, aiming to be a pillar of stability for the Greek economy, to fuel growth and to promote innovation. Focusing on having a positive and lasting footprint in society, with benefits for our customers, our people, our shareholders and society, Piraeus Bank is committed to constantly create value, to challenge the frontiers, to enthuse its customers and to build relationships of trust.

As Piraeus Bank acknowledges the basic role held by human resources in the achievement of its corporate strategic goals and the management of challenges, it invests in the creation of strong relations with its employees, constantly improving the working environment and minimizing risks. It works towards a modern working environment that promotes open communication, high performance, and personal development for its people. At the same time, the Group makes sure to establish and implement policies that promote issues of ethics, trust, devotion, team spirit and acceptance of diversity in the workplace. Piraeus Bank employs approximately 11,100 employees, being one of the largest employers in Greece.

Piraeus Bank is committed to including social, environmental, and cultural aspects into its business practices and assumes initiatives over and above the legal obligations with the aim of enhancing social welfare and sustainable development.

In the framework of its activities and operations, the Group promotes regular communication with stakeholders, in order to fulfill their needs and expectations and to promptly and effectively respond to issues concerning them. The protection of their personal data, the use of new technologies to better serve their needs, the respect for human rights, the accessibility to financial services and the respect for the environment and culture as factors contributing to sustainable development, as well as issues related to corporate culture and corporate governance, value creation for the society and risk management, are strategic priorities for the Group.

Piraeus Bank is the only Greek bank to actively participate in the shaping of the global Principles for Responsible Banking, along with other 29 banks from around the world, members of the United Nations Environment Programme Finance Initiative – UNEP FI. The Principles set the global standard for what it means to be a responsible bank and will ensure that banks create value for both their shareholders and society. They provide the first global framework that guides the integration of sustainability across all business areas of a bank, from strategy to product portfolio management and transactions.

The goals for sustainable development, social contribution, and responsible banking behavior are fundamental components of Piraeus’ strategy, and resonate well with its business model and shared values of accountability, meritocracy and transparency.

CANDIDATES

We aim to attract and retain high qualified workforce that share Piraeus Bank Group’s Vision and Values. We select people in whom we see the ability to develop and significantly contribute to the Group’s growth and development.

In Piraeus Bank Group, we rate as successful the selection of candidates, characterized by team spirit, initiative, and respect, great sense of responsibility, ethos and professionalism. Recruiting and Selection is based on the Principle of equal opportunities regardless of sex, race, age, religion, color, nationality, sexual orientation or physical ability.

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