Hi Aoife, tell us a little about your background – where are you from?
Hello! Well… I was born on Inis Mór, the largest of the Aran Islands just off of the West Coast of Ireland.
Nice, and when did you join NoFrixion and what do you do?
I joined NoFrixion’s Financial Crimes team in September 2021 as a Compliance Officer. Having been given an insight into what the company’s goals and aims were in relation to compliance during the interview process with NoFrixion, it was clear that they wanted to build a robust culture of compliance. This was an extremely important factor in why I chose to work at NoFrixion. Our duties revolve around preventing and investigating illicit money flows through our platform. Our team focuses on creating and implementing policies, procedures and controls in accordance with the relevant regulations in place to combat money laundering, terrorist financing, fraud and corruption.
Sounds complicated – how did you come to specialise in this area?
Well before joining NoFrixion, I completed my bachelor’s degree in Criminology at University College Cork, with a special interest in financial crime prevention. During University, one of the modules I took was Corporate Crime. The lecturer, Dr Kevin Sweeney, heavily influenced my decision to go into financial crime prevention. He explained that as technology develops, criminals will find more innovative ways to commit and cover up criminal activity. In relation to financial crime, this becomes increasingly difficult to monitor and prevent. I was interested in the stages of financial crimes for example, how investigating a money laundering offence could lead to uncovering the predicate offence.
Things are getting complicated in stopping Financial Crime, aren’t they? How do you stay on top of developments?
Well when I realised that I wanted to specialise in financial crime prevention, I became a member of the International Compliance Association to learn more about the prevention and detection of terrorist financing. I received the International Compliance Association certificate in Combating the Financing of Terrorism (ICA) in 2020 and became interested in learning more about the prevention of other types of financial crimes. I applied and was chosen to be an associate of the TWELVE Financial Crime Program in January 2021, a twelve-month intensive course for exceptional young financial crime professionals, designed to accelerate their industry knowledge expertise and network. I obtained the Association of Compliance Officers in Ireland (ACOI) Professional Certificate in Financial Crime Prevention – Level 9 in the same year.
Tell us one thing people should know about you?
I am very determined and always get to the bottom of things!