Seamus Mc Closkey
About Seamus Mc Closkey
Seamus Mc Closkey is a Project Team Lead at First Derivatives, where he has worked since 2020. He has a background in accounting and consulting, with previous roles at KPMG, PwC, and First Derivatives, and he specializes in compliance with the Irish Central Bank's SME regulations.
Current Role at First Derivatives
Seamus Mc Closkey serves as Project Team Lead at First Derivatives since 2020. In this role, he leads a remediation project that focuses on compliance with the Irish Central Bank's SME regulations 2015, specifically provision 15 (9). This project impacts approximately 3000 assets. He reports directly to the client's Head of Insolvency Practitioners and is responsible for documenting all relevant processes, including authoring the project's Approach Paper.
Previous Experience at First Derivatives
Prior to his current position, Seamus Mc Closkey worked at First Derivatives in various capacities. He served as a Murex Consultant from 2017 to 2019, where he contributed to projects involving financial software solutions. Following this role, he worked as an Analyst from 2019 to 2020, further developing his expertise in project management and financial analysis.
Experience at KPMG and PwC
Seamus Mc Closkey began his career as a Trainee Chartered Accountant at KPMG in Belfast, United Kingdom, from 2016 to 2017. His tenure lasted four months and provided foundational experience in accounting practices. Additionally, he completed a one-month work placement at PwC in 2015, gaining exposure to professional services and financial consulting.
Educational Background
Seamus Mc Closkey studied at Our Lady and St. Patrick's College Knock, where he achieved A-Levels in Business Studies (A*), Biology (A), and Mathematics (A) from 2005 to 2013. He then attended Queen's University Belfast, obtaining a Bachelor of Science in Accounting with First Class Honours from 2013 to 2016. His educational background has equipped him with a strong foundation in both business and financial principles.
Regulatory Compliance Responsibilities
In his current role, Seamus Mc Closkey is responsible for issuing letters to Borrowers and Guarantors in accordance with the Irish Central Bank's SME regulation when their security has been realized. He coordinates with Receiver firms to obtain Final Outcome Statements for each asset disposed of, ensuring that all funds have been received. This role underscores his commitment to regulatory compliance and financial accountability.