Risk Management Leader

7 days ago


Dublin, Dublin City, Ireland Bank Of Ireland Group Full time
About the Role

We are seeking a highly experienced and skilled professional to lead our Enterprise Risk Management Function. The successful candidate will be responsible for delivering the requirements of the Risk Management Function for New Ireland, working closely with the Senior Management team, Board, and Group Risk Function.

This is an outstanding opportunity to improve your people leadership skills, gain technical risk experience, and have a direct impact at a senior level. You will collaborate with the Head of Compliance, Head of Operational Risk, Head of Financial Risk, and Head of Legal to support the Chief Risk Officer in implementing the risk strategy for New Ireland.

Key Responsibilities
  1. Support the CRO in setting and driving the risk agenda for New Ireland, including developing the RMF, policies, and strategy, as a key member of the Risk Leadership Team.
  2. Prepare and ensure approval of the Company's Risk Appetite Statement, and articulate the key aspects to partners across the business.
  3. Act as the primary advisor to the CRO and executive team on enterprise risks, ensuring a comprehensive view of the Company's risk landscape.
  4. Partner with senior leadership to embed risk management principles and practices into strategic decision-making and operational processes.
  5. Work closely with Group Risk Function and Group Internal Audit (GIA) to align frameworks and policies, considering the insurance company's specific risk profile.
  6. Collaborate with the Head of Financial Risk and the Actuarial Function to support the ORSA process, effectively communicating key conclusions and implementing recommendations.
  7. Perform risk analyses and draft risk reports on behalf of the CRO for Senior Management, New Ireland Board, and Group Committees.
  8. Lead the Executive Risk Committee (ERC), working collaboratively with the Risk Leadership Team and other areas of the business.
  9. Act as key liaison for the New Ireland Company Secretary in supporting the operation of the Board Risk Committee (BRC) and risk inputs to the Board.
  10. Follow through on all actions arising from ERC and BRC to ensure consistent and coherent responses from a risk perspective.
  11. Provide support for CRO and the broader risk team, including in engagement with MD, SMT, Board, and Group Risk partners.
  12. Coordinate and lead the Risk Management Function budget delivery, FTE deliverables, and Risk input to the Operating Plan.
  13. Lead, motivate, and develop colleagues to provide effective support and challenge to the business to deliver business strategy while leading risks appropriately.


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