What is the opportunity?
This is a fantastic opportunity to be part of a team has an important part to play in ensuring safe delivery of the UK and Group Risk strategic objectives. Providing support to the Head of Regulatory Engagement, you will have the ability to take the lead in the absence of the Head of Regulatory Engagement (subject to prior approval).
You will handle the Bank\'s relationships with regulators, ensuring all vital assistance is provided to the regulator and queries are handled promptly.
In this role, you will:
Keep up-to-date on key areas of regulatory change affecting BOIUK and the concerns of the regulators and communicate to senior management and relevant partners ensuring any concerns are raised appropriately and are addressed.
Efficiently co-ordinate regulatory reviews and visits and support senior management in preparation for regulator meetings. Providing briefings, minuting meetings and listing of actions, following up on the completion of those actions as well as day-to-day correspondence with regulators. Maintaining a schedule of correspondence and actions - ensuring actions are addressed in a timely manner, reaching out across BOIUK to relevant partners.
Ensure findings/actions and Risk Mitigation Points set by the regulator following regulatory reviews and inspections are circulated to relevant partners and are appropriately addressed.
Advise on potential areas of regulatory concern in relation to new projects or issues that have arisen.
Prepare MI on regulatory engagement to BOIUK Board and sub committees and Group Court and sub committees.
Ensure that all waivers and permissions are current, and arrange for waivers to be renewed/apply for new waivers and permissions as required.
What will make you stand out?
We are looking for someone with a good understanding of the UK regulatory environment and who is familiar with the FCA and PRA handbook.
You will need to have excellent interpersonal, relationship building, verbal, written, communication and presentation skills and a track record of successful collaboration with internal and external senior management & peer groups.
With flexibility towards working in a changing environment and ability to meet ambitious timeframes you will also need excellent organisation/project management skills.
Finally you will be self-motivated with drive, passion and interest in the regulatory risk environments!
Essential Qualifications
There are no specific qualifications or minimum educational requirements needed for this role.
More about the team
The UK Risk Team is responsible for helping protect the bank\'s balance sheet, customers and reputation whilst supporting the business in building sustainable profitability. It has four teams, Credit Risk, Operational Risk & Financial Crime, Conduct & Compliance and Prudential Risk, with circa 240 people based in London, Bristol, Belfast & Solihull.
This is a hybrid role and can be done anywhere in the UK with the primary office location being London, Belfast or Bristol. Travel will be required for in-person collaboration - frequency to be determined by the line manager.
#li-hybrid #ij-hybrid
Why work with us?
The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 24 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid mat leave, an innovative fertility and surrogacy policy and working parent supports.
Your wellbeing is important to us; we have an employee assistance program and WebDoctor, along with other fantastic supports. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!
Key Competencies
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