Business Risk Specialist

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- Hybrid role based in our City Centre offices

What we offer

We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.

We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few.

At Irish Life, our purpose is to help people build better futures. Our company values shape everything we do and underpin our vision of being the driving force behind Ireland’s financial, physical, and mental well-being.

We believe in doing the right thing—acting with integrity and making fair, responsible decisions. We aim high, setting ambitious goals and constantly find better ways to innovate and improve. Our customers are at the heart of everything we do, and we are dedicated to understanding their needs and exceeding their expectations. We believe that as a team we work best together, in a supportive, collaborative environment where every idea and contribution is valued.

Working closely with the Business Risk Manager to support the business in maintaining its strong culture that values risk management, the successful candidate will have exposure to senior management and play a key role in the development and maintenance of the risk framework within ILIM and Setanta championing risk management and delivering appropriate and meaningful challenges, guidance and support to the business in managing their risks in accordance with the Firms risk management framework, appetite, policies and procedures.

Team Background

Irish Life Investment Managers Ltd (“ILIM”) and Setanta Asset Management Ltd (“Setanta”) are key business operations of Irish Life Group Limited (“ILGL”), with reporting lines to the ILGL CEO.
ILGL is part of the Great-West Lifeco (“GWL”) group of companies. ILIM and Setanta are MiFID authorised investment firms whose main business activity is the provision of discretionary portfolio management to the Group and other institutional clients. Both firms have an Irish and international client base.

More specific responsibilities will include

• Assisting with the delivery of operational risk management tasks as allocated by the Business Risk Manager
• Maintaining the operational risk management system which records risk, controls, issues and operational risk events
• Exposure to key business processes through testing of control design and effectiveness and making recommendations to management for improvements.
• Working closely with the business areas to identify and assess risks in order to deliver the Risk and Control Self-Assessment programme.
• Supporting the development, monitoring and reporting of risk metrics
• Exposure to the Internal Capital and Risk Assessment (ICARA) and operational risk scenario programme
• Assisting with the roll out and management of risk policies and the development of strategies, processes and reporting procedures necessary to manage the risks facing the Firm
• Providing inputs to the preparation of quality risk reports for senior management, Group and the Board Risk Committee
• Providing support to the firms Senior Management Operational Risk Steering Committees
• Generating daily credit limit reports and escalating issues to the business.
• Overseeing operational risks related to outsourced activities and key supplier arrangements.

What you will need to be successful in the role

• Experience in working in a risk or other oversight function in a financial services company, or relevant experience in an operational role within an Investment Firm is an advantage.
• An understanding of an operational risk management framework and of an investment business would be an advantage
• Proficiency in M365 applications including Microsoft Excel, Word, PowerPoint, Power BI, Flow automate and Forms
• Excellent attention to detail with analytical mind set.
• Highly organised with an ability to work across teams efficiently and effectively in a busy environment
• Good interpersonal skills with strong written and verbal communication capabilities. Ability to clearly prepare written reports and convey key messages across a range of stakeholders.
• A relevant third level and/or professional qualification would be an advantage
• Demonstrate a positive enthusiastic approach, a desire to learn and be willing to undertake continuous professional development.

Building and Maintaining Relationships

Communication and Influencing

Drive for Results

Problem Solving and Decision Making

Risk and Control

About us

Irish Life Investment Managers (ILIM), an investment firm authorised by the Central Bank of Ireland, has been part of the Great West Lifeco group of companies since 2013. The firm manages assets of circa €110bn on behalf of a diverse range of institutional clients including pension plans, Investment Advisers, Insurance companies, corporations and charitable foundations, across a broad range of of asset classes.

The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Irish Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Irish Life by Recruitment Agencies will not be accepted for this role.

Irish Life is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported.

We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.

If you require any accommodations during the recruitment process please contact lifecareers@irishlife.ie and we will be delighted to ensure you are fully supported to be your best.

Irish Life Investment Managers supports Equal Opportunity and is regulated by the Central Bank of Ireland.

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