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Compliance manager - 3rd party risk

Bank Of Ireland
Compliance manager
€60,000 - €80,000 a year
Posted: 21 October
Offer description

What is the opportunity?

We have an exciting opportunity for a Compliance Manager to work with a highly dynamic team in Third Party Risk Management (TPRM). This role is essential in ensuring that all third-party engagements have the requisite due diligence.


In this role, you will;

* Support the Regulatory Compliance & Sustainability Lead in developing and implementing the TPRM compliance Framework and Technical standards in adherence to key regulatory requirements in Ireland, UK and EU including EBA Guidelines on Outsourcing, Digital Operational Resilience Act (DORA) and Prudential Regulation Authority standards.
* Support integration of ESG criteria and risk management into third-party onboarding, due diligence, and monitoring processes and ensure third-party compliance with Bank sustainability and ethical sourcing standards.
* Maintain and update compliance policies and procedures to reflect changes in regulatory policies and standards.
* Strategically partner with cross functional areas to drive continuous improvement in the Group's compliance posture.
* Coordinate and perform internal assessments of the operational effectiveness of compliance controls and procedures.
* Report and present findings, remediation plans and actionable insight to senior executive management.


What will make you stand out?

The successful candidate will have significant experience working within a compliance and/or risk management role in Third Party Risk Management within the Financial Services in Ireland or UK. You will have experience in conducting risk assessments to identify compliance vulnerabilities and implementing successful mitigation strategies to identified risks raised in compliance audits.

Extensive experience in developing and maintaining Third Party Risk Management compliance policies and procedures and creating and delivering training programs to educate employees on compliance requirements and foster a compliance-centric culture.

Strong analytical skills, the ability to interpret complex regulatory requirements and translate them into actionable policies and familiarity with compliance management systems and technology solutions that aid in monitoring and reporting compliance activities.

Strong communication and interpersonal skills, with the ability to influence and collaborate to senior executive level.


Essential Qualifications

There are no specific qualifications or minimum educational requirements needed for this role.


More about the team

Group Procurement & Partner Management (Group Procurement) is a Bank of Ireland Group-wide function that provides Strategic Sourcing, Category Management, Partner Relationship Management, Supplier Risk Management & Governance and Procurement Services & Transformation support to all Divisions and Business Units. Group Procurement is part of Group Technology & Customer Solutions.


Why work with us?

At the heart of our purpose is our commitment to Inclusion & Diversity:
Bank of Ireland Group is an equal opportunities employer and is committed to fostering an in-clusive workplace which values and benefits from the diversity of our workforce, this is supported by the development of our Employee Support Networks.
We offer reasonable accommodation at every stage of the application and interview process.
This is a hybrid role, based primarily at Baggot Plaza, Dublin. We typically ask colleagues to spend a minimum of 8 days per month working in-person to support collaboration and connection. Specific arrangements will be confirmed by your recruiter to ensure they meet the needs of the role and team.


Key Competencies

* Manage Risk - People Manager
* Accountable - People Manager
* One Group, one team - People Manager
* Customer Focused - People Manager
* Amplify Capability - People Manager

We're on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email. Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.

To be considered for this role you will be redirected to and must complete the application process on our careers page. To start the process click the Continue to Application or Login/Register to apply button below.

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