Chief Risk Officer

1 week ago

Dublin, Dublin City, Ireland Permanent TSB Full time

PTSB is seeking applications for a key executive role, Chief Risk Officer. Reporting directly to the Chief Executive and as a member of our Executive Committee, the Chief Risk Officer is responsible for Risk including independent oversight of the Bank's enterprise-wide risk management activities across all risk types to ensure that the Bank has effective processes in place to manage all risks. In particular, the CRO owns the Bank's Risk Governance Framework and reports on all material risks to which the Bank is or may become exposed. The role is expected to influence and challenge decisions in relation to risk including the risk associated with business strategy as is responsible for facilitating the setting of risk appetite. The role holder will therefore sit on key committees and will have the right to escalate and appeal decisions. For this pivotal role, you will have a proven track record of achievement as a leader in Risk in a Retail Financial Services or Credit Institution and will be used to engaging with or operating at C-Suite level in a demanding, fast-paced role, with significant responsibility and complexity. This role is a `Pre-Approved Controlled function? PCF as defined by the Central Bank Reform Act 2010 Regulations 2011. Any appointment will be subject to prior regulatory approval. Candidate selection is conditional on the company being satisfied that the appointee meets the requirements as set out in the Fitness and Probity standards issued by the Central Bank of Ireland. This requires the company to complete prescribed due diligence to assess the appointee's fitness and probity. Further details on this due diligence process are available from Permanent TSB Group HR. Individual Accountability Framework, Controlled Function: CF1, CF2, PCF 14 and MRT 1 & 2 As a CF 1 role holder you will also be subject to the requirements of the Central Bank of Ireland's Individual Accountability Framework, to include the Senior Executive Accountability Regime ('sEAR?), the statutory duty of responsibility and the Common and Additional Conduct Standards. The role holder will be required to possess and maintain the appropriate technical knowledge required to perform the role and to understand the regulatory obligations to which they are subject as a PCF, to include, without limitation, SEAR, the Fitness and Probity Standards and the Conduct Standards. Odgers Berndtson Ireland have been engaged to manage the recruitment process. Please direct your application comprising a covering letter and CV (or any enquiries) to : . The closing date for receipt of applications is Friday 28th March 2025 at 5:30pm. Please note: only applications comprising a covering letter and CV via this email address will be considered. The Bank understands the importance of a consistent and relentless focus on championing diversity and inclusion. We aim to attract, recruit, and retain individuals with diverse backgrounds, skills, competencies and abilities to work collaboratively to enhance the service we provide to all of our customers and the communities we serve.

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