DescriptionRole Summary:
To assist in the development and maintenance of a best-in-class delivery of the business IT Governance and Risk Management Framework within the Firm. The Risk Manager will support the CRO and the business IT/operational colleagues to manage their day-to-day risk within the Firm, assisting the business to meet its key responsibilities.
Requirements:
Skills & Qualifications:
- Degree in a business discipline or equivalent
- 8+ years’ experience in a Regulated Financial Services Provider with direct responsibility for risk management
- Experience in IT, digital, outsourcing and strategic governance and risk management
- Membership of appropriate professional body – CFA, CAIA, FRM, PRMIA preferred
- Good communication and organisational skills
- Advanced knowledge and proficiency in Excel and MS office apps
Responsibilities
- Overseeing a comprehensive, integrated, and logical business framework for the governance of IT, Digital, Outsourcing, Organisational Resilience and Strategic Risk.
- Influence and advise target operating models of same
- Ensure proper outcome based and effective risk assessment and monitoring methodology is in place for these risks and measurement consistent with an appropriate Risk Appetite
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Oversee the business ensuring that their risks are identified, assessed, managed, monitored & reported, that effective policies and procedures are in place to mitigate and monitor business adherence to same
- Ensure Risk identification and management processes and tools are implemented appropriately by the First Line
- Guide and input in determining appropriate risk appetite and metrics to adequately report and inform on risk
- Be a key expert in the respective area and develop strong working relationships with stakeholders across the control functions and divisions, including our international group companies and colleagues
- Help advise alignment to necessary regulatory obligations.
- Collaborate with the first line of defence to help communicate and mature our risk governance framework and its embeddedness - help the business better understand and manage their risk
- Act as representative for any formal regulatory response or presentations as required
- Maintain continuous improvement of risk reporting and governance
- Escalate key concerns and developments, reporting to and assisting the CRO and risk in providing second line assurances to the Board
- Collaborate on regulatory horizon scanning, and where appropriate, participate on industry-wide initiatives
- Promote a strong risk culture throughout the Firm
This is a Control Function role (CF2*) under the Central Bank of Ireland’s Fitness & Probity regulations.
*CF2 - Ensuring, controlling or monitoring compliance by a regulated financial service provider with its relevant obligations.