Job Description
The Central Bank of Ireland serves the public interest by safeguarding monetary and financial stability and by working to ensure that the financial system operates in the best interests of consumers and the wider economy. We currently have a vacancy for an Authorisations Associatein the Fitness and Probity team on a Contract of Indefinite Duration in the Regulatory & Business Services Division.This role is aligned with the Bank officer 2 grade and the BO salary scale, between €32,525 and €49,465 applies. Please click for further information on our salary scales. The purpose of the role is to support the Fitness and Probity assessment process of a person proposed for Pre Approval Controlled Function (PCF). The key functions are to complete due diligence checks on all PCF applications received, liaise with external Regulators on Fitness and Probity matters and to provide administrative support to assessments and approval of PCFs. Responsibilities: Review PCF applications for approval,and ensure they are in compliance with all legal and / or applicable regulatory requirements, and make recommendations to return the application as incomplete as appropriate. Complete initial due diligence assessment and issue requests to external stakeholders to support the assessment process in accordance with the Banks Service Standards. Answer queries from external stakeholders in relation to the Fitness and Probity application process, escalating where necessary. Issue requests to other EEA regulators in relation to proposed PCF applicant, who have been approved by the other regulator. Process requests (a) from other EEA regulators and (b) to National Vetting Bureau for information on proposed PCF applicants. Issue letters of approval for PCF roles. Support RBSD participation in cases where a Fitness and Probity assessment interview is proposed. Perform User Acceptance Testing on new IT functionality thats developed. Requirements: A professional certificate in regulation or compliance, and/or a degree in a relevant discipline is desirable. 1-2 years experience working in a team environment, preferably in Financial Services where adherence to tight deadlines, attention to detail and very good communication skills are required. Knowledge of Fitness and Probity and relative legislation is desirable. General experience of domestic supervision and regulation is preferred but not essential. Capability with MS suite (Word, Excel, PowerPoint, SharePoint & Power Bi). Experience of user testing in relation to process or system change is desirable. Ability to assess a wide range of information & use judgement. We know it's our people who make the Central Bank special and we are focused on creating a diverse, inclusive, fulfilling and progressive work environment. We encourage applications from candidates with different backgrounds, experiences and perspectives as it strengthens us, as individuals and as an organisation. We are committed to positively supporting candidates with disabilities. If we can make any reasonable accommodations for you in the recruitment process in order to give you the opportunity to perform to your best, please email our Disability Inclusion Partner, Rebecca Daly at or . Any information that you provide will be used only for the purposes of providing relevant support and will have no bearing on how your application will be viewed. We have recently implemented a hybrid working model to balance the flexibility working from home provides with the value our office environments bring to support collaboration and connection with colleagues. Our approach to hybrid working enables colleagues to work from home up to 50% of working days, building on an existing broad range of flexible working policies and practices already in place to support our people achieve the right balance. Our policies also provide insight into our organisational culture, work environment and working arrangements. Here are some of the key (subject to ongoing review and amendment) which may be of interest as you consider a career with us. The Central Bank pension scheme mirrors the rules of the civil service pension scheme. Therefore if you are in receipt of civil/public service pension, abatement may apply to your current pension. Details of the appropriate pension scheme will be provided upon determination of the appointees status. Application Details: Closing Date: 10th Oct To apply, please complete the application form attached (via the apply link). Before starting your application you will be asked to create a profile with us, this will allow you to track and review your application throughout the process. Click "register" to create a profile and complete the application process. Once your application has been successfully submitted you will receive an automatic email from us acknowledging receipt. If you do not receive this auto-acknowledgement, please contact Cuirfear filte roimh iarratais i nGaeilge The Central Bank of Ireland is an equal opportunities employer. Skills: Technical Interpersonal Skills Teamwork Benefits: Laptop Gym Paid Holidays Flexitime Parking Pension Fund