Job Description
ROLE TITLE: Compliance Advisory Manager - Governance & Regulatory Oversight, Group Compliance
LOCATION: Molesworth Street with Hybrid Working (currently remote)
This role is being offered on a permanent basis.
Compliance & Assurance is an independent, second line of defence function established within the Risk function. An opportunity now exists for a Compliance Advisory Manager with a focus on governance and regulatory oversight, within the Group Compliance.
WE'RE LOOKING FOR SOMEONE WHO CAN:
*Constructively engage with key business relationships to ensure that business units are aware of new and existing regulations impacting the business and developments in the regulatory environment. Knowledge of a wide range of Regulations Compliance Regulations including Consumer Protection Codes, and regulations/codes relevant to Credit, Insurance, Payments, Prudential Regulation. *Represent Regulatory Compliance on various Regulatory Change Programmes providing robust review and challenge. *Assist with the identification, interpretation and analysis of existing and upstream regulation and legislation within the scope of the Regulatory Compliance Universe, which may impact on the Group and its subsidiaries. *Represent Regulatory Compliance on various Regulatory Change Programmes providing robust review and challenge. *Provide relevant, consistent and timely risk appropriate advice and support to the business. *Manager review and challenge (4 eye check) of junior staff members advices prior to sending to 1LOD *Instil ownership of compliance risk within the 1st line Business Areas through targeted training and awareness initiatives. *Attend key milestones of business and regulatory projects and provide Regulatory Compliance and Conduct advice. *Review and challenge of new products, propositions and product reviews. *Coordination and compilation of all Regulatory Compliance and Conduct MI for internal and fora reporting. *Represent the Compliance function at key Risk governance fora and various Steering Committees. *Participate in Compliance management meetings to ensure Compliance Programme is on track for delivery. *Coordinate, support and review the monthly and annual Regulatory Compliance and Conduct Risk Appetite Statement (RAS) process and support the development of metrics, review and manage key stakeholder interactions and engagements for Group RAS, subsidiary RAS, and Segment RAS. *Represent Regulatory Compliance at the Policy Governance Risk Forum. *Review and assess Regulatory Compliance and Conduct Risk Frameworks and Policies in line with the Policy Governance Framework end engage with 1lod/2lod stakeholders on same. *Support the Material Risk Assessment Reviews twice yearly for Regulatory Compliance and Conduct Risk. *Coordinate, review and challenge Third Party Risk Assessment Templates (RATs) from a Regulatory Compliance and Conduct of Business in line with regulatory requirements and liaise with stakeholders in relation to review and challenge. *Proactively challenge internal Regulatory Compliance and Conduct Risk processes and practices to identify continuous improvements. *Delivery of training to business on Regulatory Compliance and Conduct Risk requirements. *Maintain a comprehensive knowledge of AIB processes and organisational structure. *Support and embed a strong risk culture at all times throughout the organisation. *Developing and coaching team members on application of regulation.
WHO ARE WE?
We're AIB. A strong Irish bank packed with purpose - to back our customers to achieve their dreams and ambitions. That goes for our employees too. We're made of small teams where you have the chance to shine.
WHY JOIN US?
We are excited about how we have changed our focus. We want to be at the heart of our customers' financial lives by giving them an exceptional experience. We are building a culture that breaks the conventions of what our customer and employees expect of a bank.
Does this sound like something that you want to be part of?
YOU WILL NEED TO SHOW US THAT YOU CAN/HAVE:
*A minimum of 8 years compliance or regulatory experience within a Financial Services environment (Payments, Banking or Insurance), as part of a Financial Services/Banking Institution, or in an advisory, law or business consulting capacity. Relevant Professional qualification would be advantageous. *Strong technical knowledge in regulation, regulatory strategy and change and Financial Regulator rules and guidance procedures, existing and new, such as Prudential Regulation, the EU regulatory framework including CRR and CRD, Consumer Protection, Conduct Risk, and Risk Framework methodologies. *A detailed understanding of aspects of current and upcoming regulation with an ability to complete initial regulatory impact assessments on new upstream regulation and develop regulatory gap analysis. *Experience in coordinating Regulatory Compliance MI, including managing the Risk Appetite Statement and Material Risk Assessment oversight, for Risk Committee and Board reporting purposes and in providing review and challenge of senior stakeholders. *Highly motivated, with a proven ability to work on own initiative within a challenging and dynamic work environment, with excellent communication (both spoken and written) and people skills.
IF YOU FEEL YOU HAVE WHAT IT TAKES, click apply and fill in the online application form. If you would like more information Noelle Ryan from the Talent Acquisition Team can help. You can contact him/her by email **MEMBERS ONLY**SIGN UP NOW***
