Role Title: Regulatory Compliance Advisor, Group Compliance
Location: Molesworth Street / Hybrid Working
This role is being offered on a permanent basis.
Are you interested in working on strategic and complex initiatives? Do you have experience in conduct risk and regulation?
About the Role:
The Risk Function is an independent, second line of defence function that monitors, controls and supports risk-taking activities across AIB. The purpose of the Risk Function is to provide advice and guidance in relation to risk while providing independent oversight and reporting on AIB’s risk profile.
The Risk Function’s main objective is to ensure AIB has a robust risk management framework and culture in place to ensure risks are taken within the risk appetite set by the Board, in support of AIB’s customer franchise and social responsibility.
The role is positioned within the Compliance and Assurance team where we guide and monitor the Bank's compliance with relevant laws, regulations, statutory obligations and Codes of Conduct. We perform independent reviews and objective assurance on the quality and effectiveness of the Bank’s internal control system, the first line of defence and risk governance policies and frameworks.
We are looking for A dynamic Regulatory Compliance Advisor to join the second line Regulatory Compliance Team, with particular experience in assessing and advising on Conduct of business regulation.
The role is required to provide support, review and challenge to business units and internal stakeholders on conduct regulation matters, including providing advice, critically assessing regulatory solutions and contributing towards project delivery. The role is key to our second line Compliance function with responsibility for Compliance engagement with key business stakeholders.
This is an exciting and challenging position with the opportunity to work within a second line advisory focused team, whilst working closely with senior and specialist colleagues across the organisation.
Key Responsibilities Include:
Constructively engage in key business relationships across Regulatory and Business Change Programmes, to ensure that business areas are aware of the impact of new and existing regulations and key developments in their regulatory environment.
Knowledge of a wide range of Regulations including Consumer Protection Codes, and regulations/codes relevant to Mortgages, Credit, and Payments is required.
Provide relevant, consistent and timely risk appropriate advice and support to the business.
Review and challenge of new products, propositions and product reviews.
Coordination and compilation of key Regulatory Compliance and Conduct MI for fora reporting.
Represent the Compliance function at key Risk governance fora.
Proactively challenge internal Regulatory Compliance and Conduct Risk processes and practices to identify continuous improvements.
Maintain a comprehensive knowledge of AIB processes and organisational structure
Identify regulatory risks and communicate these clearly and concisely to impacted business areas.
Instil ownership of regulatory compliance risk within the 1st line Business Areas through targeted training and awareness initiatives.
Support the delivery of business projects and represent Compliance Advisory as a conduct of business/regulatory change subject matter expert. Attend key milestones of business and regulatory projects and provide Regulatory Compliance and Conduct advice.
Proactively engage with business units to resolve complex conduct of business or upstream regulatory matters.
Manage a variety of issues, respond to fast-paced deadlines and take responsibility for the ownership and completion of tasks to a high standard.
Support and always embed a strong risk culture throughout the organisation
What you will bring:
Have a minimum of four years compliance or regulatory experience within a Financial Services environment (Payments, Banking, Credit), as part of a Financial Services/Banking Institution preferably in a second line advisory role in Compliance and/or Risk, or in an advisory capacity. Relevant Professional qualification would be advantageous.
Have a proven understanding and experience in key banking regulation, directives, standards and guidelines existing and new and/or application to business processes.
Have a proven understanding and experience of key banking products and associated regulatory compliance processes. Knowledge of key Regulatory reporting MI, RAS, internal polices and frameworks would be advantageous, along with excellent attention to detail.
Highly motivated, with a proven ability to work on own initiative within a challenging and dynamic work environment, with excellent communication skills (both spoken and written), interpersonal skills and people skills.
Have a proven experience in managing relationships with business stakeholders and/or regulators.
Life at AIB
At AIB, we have a clear purpose - to back our customers to achieve their dreams and ambitions. We want to be at the heart of our customers’ financial lives by giving them an exceptional experience. That goes for our employees too.
We are building a culture that breaks the conventions of what our customer and employees expect of a bank.
We are committed to offering our colleagues choice and flexibility in how we work and live. Our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements. More details on our hybrid working arrangements and expected office attendance for your role will be provided to you during the recruitment process.
AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard for Diversity and Inclusion. We work to ensure that AIB is a place where diversity is welcome, everyone can thrive, and inclusion is a universal experience. Our working environment is one in which talented individuals of all backgrounds can realise their full potential, enjoying rewarding careers in the service of our customers.
If you feel you have what it takes, click apply and fill in the online application form. If you would like more information or have any special requirements or needs that would support you during the recruitment process then please contact the Talent Acquisition Team at careers@aib.ie
By when? Closing date is 21st of May
Disclaimer:
Unsolicited CV’s sent to AIB by Recruitment Agencies will not be accepted for this position. AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.
