Job Description
Role Profile Job Title: Divisional Manager - Risk Division/Function: Home Building Finance Ireland Job Family: Investment, Asset & Liability Management Career Stream: Professional Career Zone: Professionals/ Specialists Reports to: HBFI Head of Risk Job Type: Permanent ** Closing date for Applications: 8th October 2024** Role Overview & Background Home Building Finance Ireland ("HBFI") is a State agency designed to lend money for the purposes of funding the construction of new homes in Ireland. HBFI has been established as a commercial entity, providing finance at market rates for commercially viable residential developments. Role Summary The Divisional Manager - Risk, reports to the Head of Risk. The Divisional Manager - Risk will be responsible for supporting the risk management process including the identification, assessment, and reporting of risks. This will include but is not limited to carrying out quality assurance reviews across the various teams, maintaining and evaluating HBFI policies and procedures and ensuring that HBFI staff understands their compliance obligations. The Divisional Manager - Risk participates in the fulfilment of the various audits which includes audit planning review meetings, audit close out meetings, reviewing terms of reference for each audit and coordinating the information requirements sought by auditors within agreed turnaround times. The Divisional Manager - Risk will be responsible for the preparation and presentation of regular update reports to the HBFI Executive Management Team, HBFI Audit & Risk Committee and HBFI Board. Working at the NTMA offers excellent benefits including: Hybrid work options An extensive wellbeing programme A diverse range of initiatives: LGBT+, Gender Matters, Disability Awareness, International & Multicultural Awareness Team (IMAT), Sports & Social, Volunteering and lots more Excellent learning and development opportunities that allow for full career development within the organisation Reimbursement of annual professional membership fees Career average defined benefit pension scheme Principal Accountabilities Responsibilities will include, but may not be limited to, the following: Risk Management: Support the Head of Risk in the continuous development, enhancement, and implementation of HBFI's risk management framework and Risk Register to ensure it is strategically aligned with the overall goals of HBFI. In conjunction with the Head of Risk, and Audit and Risk Committee set the risk appetite and propose the risk appetite to the Board for approval. Assist in the promotion of a risk-based culture ensuring that effective controls are maintained and enhanced. Create, implement, and monitor an annual Risk Management Plan as approved by the HBFI Audit and Risk Committee. Identify, assess, monitor and report on key and emerging risks and mitigating actions designed to manage risks. Lead the impairment review of the loan book and ensure the impairment policy remains appropriate for the risk environment. Challenge first line management and provide second line oversight of the control environment. Line management responsibilities for 1-2 direct reports, including goal setting, coaching and task delegation. Audit: Act as central coordinator for the planning and scheduling of internal audits and maintain a plan in conjunction with internal audit of current and planned audit activity. Quality Assurance: Manage and direct Quality Assurance reviews to support the business in the early and effective identification of any potential weaknesses in internal controls or areas for remediation of potential operational enhancement. Stakeholder Engagement and Accountability: Attend and present timely monitoring, reporting and recommendations to the Executive Management Team, Audit and Risk Committee, and Board, as required. Relationships with other business divisions: Ensure strong working relationships between the Business Development Team, the Lending Team, the Credit Team, the Portfolio Management Team, the primary service provider, and other external advisors such as the monitoring surveyors, property advisors, etc. Knowledge & Experience Minimum 8 years' experience in a similar role preferably in a financial institution with a proven track record in risk management, risk oversight and risk identification. Experience managing compliance through clear and comprehensive policies and procedures. Demonstrate excellent communications skills with internal and external stakeholders in highlighting and ensuring adherence to compliance requirements. Demonstrate experience of liaising with auditors and coordination of information gathering during audits and planning and responding to findings raised in audits. Experience in report writing and making presentations to Audit Committee / Board. Understanding and knowledge of residential development lending product offerings and markets. Experience implementing risk and compliance management programmes in a commercially driven organisation. Experience of working with senior management and supporting the business in achieving its strategic objectives in a compliant manner. Skills Ability to identify and address emerging risk within an organisation and market context. Have strong leadership and team management skills. Ability to devise and present training material to HBFI staff on audit and risk matters. Strong organisational skills and ability to prioritise and manage workload. An ability to work on own initiative and interact as a part of a highly motivated team. Effectively contribute to the achievement of goals and targets set for self, others, and organisation. Excellent communication skills, both verbal and in writing including presenting to executives and board committees. Exemplary governance and ethics. Proficiency in Microsoft Word, Excel, and Outlook. Qualifications A third level qualification preferably in credit, banking, or other relevant discipline, and/or equivalent professional qualification. If an appointee has previously been employed in the Civil or Public Service and that appointee is entitled to or in receipt of a pension from the Civil or Public Service or where a Civil/Public Service pension comes into payment during the appointee's re-employment that pension will be subject to abatement in accordance with Section 52 of the Public Service Pensions (Single Scheme and other Provisions) Act 2012. Please note: In applying for this position, you are acknowledging that you understand that the abatement provisions, where relevant, will apply. It is not envisaged that the employing Department/Office/Body will support an application for an abatement waiver in respect of appointments to this position. Applicants will be required to complete a Pre employment declaration to confirm whether they have previously availed of a Public sector pension scheme. To be considered for this role you will be redirected to and must complete the application process on our careers page. 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