Head Of First Line Risk Management, London Or Belfast

Allied Irish Bank, Scotland-wide

Head Of First Line Risk Management, London Or Belfast

Salary not available. View on company website.

Allied Irish Bank, Scotland-wide

  • Full time
  • Permanent
  • Remote working

Posted today, 26 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 071f71c1804242eaa4e6a9ad82391052

Full Job Description

Location/Office Policy: Hybrid Role based in London or Belfast

-Are you passionate about risk management
-Have you led risk management teams and strategies
-As we know managing risks is essential to business performance and the broader business strategy. If this is your thing this role is for you !

What is the Role:

First Line Risk Management (FLRM) is a First Line function responsible for the delivery and maintenance of a high quality first line risk and control environment in AIB UK.

A vacancy now exists for the Head of First Line Risk Management to lead the teams responsible for first line risk management activities such as risk and control assessment, first line assurance and Governance requirements in AIB UK

The role will report directly to the Head of Customer and Business Enablement and provides an exciting opportunity to play an instrumental role in delivering on AIB UK's ambitious growth strategy by leading and maximising the effectiveness of First Line Risk Management team to deliver a high quality risk and control environment.

The role will cover a team based in Belfast and London and offers the successful candidate a unique opportunities to work across the business in the UK as well as with colleagues in AIB Group, offering insight into risk management in a multi-jurisdictional environment.

The successful candidate will also form part of the management team within Customer & Business Enablement as well as being a member of the UK Extended Management Team.

We are looking for an experienced Senior Leader who will bring energy to the team and work collaboratively across all functions in support of UK strategy delivery.

Key accountabilities;

-Accountable for the maintenance of an appropriate and robust control environment for the UK Bank by leading and maximising the effectiveness of the UK centralised first line risk management function to achieve high quality and consistent first line control. The UK Head of First Line Assurance works closely with UKSMT to assess the adequacy and suitability of these controls for both the UK strategy and its business lines and functions.
-To work with UK functional teams to ensure appropriate risk identification and internal controls are in place to manage risk and identify and propose solutions for thematic issues. This will involve leading teams to assess the design effectiveness and operational effectiveness of controls to mitigate risks in AIB UK; undertaking assurance reviews to verify that key business controls across AIB UK are designed and operating effectively to manage key risks, and providing insightful, timely indicators, where improvements are required.
-To establish an effective working relationship with Business teams, Credit Risk, Operational Risk, Compliance and Group Internal Audit to ensure efficient and effective fulfilment of the three lines of defence model.
-To be an active and contributing member of the functional management team as well as leading a high performing FLRM team through role modelling strong leadership and development skills. The role holder will also be responsible for building and driving risk management strategies ensuring both a UK and Group lens is applied to all situations and scenarios.
-To maximise the independent assurance and testing skills of the first line assurance team including full application of the Group First Line Assurance Methodology and seeking and drawing on external best practices, to ensure consistent high standards and added value.
-To manage the UK Business Risk profile and Risk Control Assessment process (incl. management of the UK Level 1 RCA and attestation/evidencing processes) on behalf of UKMD.

A Reminder of what we offer:

We are committed to offering our colleagues choice and flexibility in how we work and live and our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements.

Some of our benefits include;

-Market leading Pension Scheme
-Healthcare Scheme
-Variable Pay
-Employee Assistance Programme
-Family leave options
-Two volunteer days per year

Please click here for further information about AIB's PACT - Our Commitment to You.

Key Capabilities

-Enterprise Leadership -demonstrates strong capability for effective leadership scale, complexity and breadth. Instils and sustains organisation-wide energy for what is possible, articulates a compelling, inspired, and relatable vision which is purpose-led and shareable by everyone.
-Risk Mitigation -identifies and quantifies risk factors to facilitate the development and implementation of approaches for managing risks.
-Stakeholder Management and Collaboration -building partnerships and working collaboratively with stakeholders to meet shared objectives.
-Manages Ambiguity -operates effectively, even when things are not certain or the way forward is not clear.
-Ensures Accountability -holding self and others accountable to meet commitments.
-Develops Talent -developing people to meet both their career goals and the organisation's goals.

AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity. We are committed to providing reasonable accommodations for applicants and employees. Should you have a reasonable accommodation request Apply the Talent Acquisition team at internal.selectionaib.ie or careersaib.ie

Closing Date: Thursday 7th November 2024

Disclaimer:

Unsolicited CV's sent to AIB by Recruitment Agencies will not be accepted for this position. AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.

Market leading Pension Scheme
-Healthcare Scheme
-Variable Pay
-Employee Assistance Programme
-Family leave options
-Two volunteer days per year