Job Description
Location/Office Policy: Molesworth Street, Dublin 2 with Hybrid Working The Risk function is an independent, second line of defence function that monitors, controls, and supports all risk-taking activities across AIB. Our objective is to ensure AIB has a robust risk management structure and culture to take intelligent risk within the risk appetite set by the Board, in support of its customer franchise and social responsibility. Within Risk, the second line of defence assurance function provides effective monitoring of all risk-taking activities across AIB. The Head of Second Line Assurance is now seeking applications from experienced professionals who are keen to pursue an opportunity at Senior Management level as the Head of Assurance Enablement. What is the Role: The Head of Assurance Enablement is a senior position with direct responsibility for leading the implementation of a revised Target Operating Model "TOM" for Second Line Assurance (SLA) and its operationalisation. The role will be at the forefront of driving effectiveness across the function and ensuring the team is structured and resourced to meet the needs of an evolving Risk function and the Bank. The role holder will drive assurance standards and will be responsible for leading out the strategy of SLA to be a data led assurance function. This role requires a strong leader with presence and drive, capable of designing and implementing cross-functional initiatives and engaging with the Executive, Board and Regulators, External Auditors and other senior stakeholders as required. This is an excellent opportunity for individuals looking to progress their career in a senior leadership role, designing and leading the future of assurance at an Enterprise level. Key Accountabilities; Develop a comprehensive data led assurance approach that aligns with the organisations risk profile and strategic objectives. Drive continuous improvement in assurance methodologies and practices. This involves staying abreast of industry best practices and emerging risks to enhance the effectiveness of second line assurance activities. Responsible for leading and developing strategies to enhance the effectiveness, efficiency, and impact of assurance activities in the Bank. Work alongside the Head of SLA as part of the management team. The role will involve collaboration across the team to implement best practices, drive continuous improvement and ensure that assurance processes are aligned with the organisational strategy and regulatory requirements. Consider how we can harness the power of data risk tools and technology to safely simplify processes and enhance assessment, assurance, and reporting. This will include the build of the data capability for SLA including the identification of data requirements. Lead engagement on how Gen AI can be harnessed to ensure more robust assurance outcomes. Central point of contact for the creation of regulatory information packs, including Regulators, Internal Auditors, External Auditors as required. Minimum Criteria: Minimum of 7 years proven experience of Risk Management or Organisational Change in a Financial Services environment and associated risks. A clear understanding and knowledge of control and change management methodologies. An exceptional role model with proven communication style to lead the 2LOD Assurance enablement function, interact cooperatively with stakeholders of the business, ExCo, Board and Regulators. Seasoned leadership experience with demonstrated capability of leading, developing, coaching, empowering, and trusting in people. A track record of managing teams of analysts to deliver projects to tight deadlines. Clear and concise oral and written communication skills with an ability to produce and present high quality reports. Why Work for AIB 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 Streamline and Simplify Collaborates Ensures Accountability Data Analysis Risk Mitigation Auditing Principles and Tools If you are not sure about your suitability based on any aspects of the role advertised, we encourage you to please contact the Talent Acquisition Team for a conversation. 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 please email the Talent Acquisition team at Closing Date: Friday 1st November 2024 (just before midnight) 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. To be considered for this role you will be redirected to and must complete the application process on our careers page. To start the process, click the Apply button below to Login/Register.