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Job Description
Head of Function Governance and Accounting Policy (2024-76)
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 a Head of Function - Governance and Accounting Policy on a 2 year specified purpose contract in the Financial Risk & Governance Policy Division. This role is aligned with the Head of Function grade and the HoF salary scale, between € 137,836 and € 152,973 applies. Please click here for further information on our salary scales.
The purpose of the role is to lead and develop a team of professionals in the delivery of governance and accounting policy objectives falling within the remit of the team, by providing strategic direction, so that policy analyses, input and development are completed to a high standard, impact and influence in EU policy development is maximised, and the implementation of policy within supervision is robustly supported. Additionally, to contribute to the strategic direction of Central Bank policy so that their expertise and perspective inform strategy discussions and decisions as appropriate.
Responsibilities:
- Lead and develop a team of policy professionals and specialists to ensure a high performing, well-motivated and effective team who continuously develop their skills and who achieve the required results for the Central Bank. Maintain and foster a culture within the team where members demonstrate individual initiative, mutual support and challenge and a commitment to high quality outcomes so that the team's expertise and perspective inform strategy discussions and decisions as appropriate.
- Provide strategic direction, advice on complex technical issues, approaches to EU or domestic negotiations and policy development to the team. Oversee the provision of support to Supervisory Divisions and engagement with both internal and external stakeholders (including government Departments and industry representatives) so that the team makes a meaningful and effective contribution to policy formulation and implementation.
- Organise and participate in engagement with the Bank's stakeholders on governance and accounting topics as part of the Bank's Open and Engaged strategy.
- Ensure that the Central Bank is represented effectively on all relevant EU and international committees developing policy on governance and accounting topics falling within the remit of the team so that the Central Bank's interests are appropriately represented. Represent the Central Bank in domestic and EU fora where senior representation is required to contribute to strategic policy development and lead negotiations on behalf of the Central Bank where required.
- Develop and secure agreement to the strategy and annual work plan for the team, including anticipating emerging policy issues, so that the goals of the division are realised. Devise and implement appropriate and effective processes and procedures for the delivery of the responsibilities and outcomes assigned to the team to ensure clarity on expectations and that delivery is effective and efficient.
- Foster a culture of collaboration and engagement such that the Division contributes micro-prudential policy perspectives to cross-organisational projects and discussions on wider strategic issues. Develop strong working relationships at a senior level with supervisory directorates to ensure supervisory input informs policy development and that policy developments are embedded in the supervision framework.
- Contribute to strategy development for the Division and Directorate; and support the Head of Division and Director in contributing to the development of Central Bank strategy, that includes participation in cross-directorate initiatives and leadership fora, to ensure that their expertise and perspective inform strategy discussions and decisions as appropriate.
- A third level honours degree or professional qualification in the area of business, finance, economics, law, maths any related professional discipline.
- 10+ years' experience in the financial services sector or a legal/policy role. Ideally, this would include at least 5 years is in a comparable management position.
- Experience of leading, managing and developing teams.
- Very strong understanding of the EU and Irish financial services regulatory and legal framework.
- Strong understanding of relevant risk drivers and supervisory approaches to governance, behaviour and culture.
- Strong analytical, problem solving, decision making, planning and organisational skills.
- Proven experience of policy formulation.
- Good understanding of the wider Irish financial services industry.
- The role holder will display strong personal effectiveness and autonomy in terms of managing and making effective use of available resources.
- Strong people management, coaching and leadership skills
- Ability to think strategically.
- Strong influencing and negotiation skills.
- Excellent written and oral communication skills.
- Demonstrated focus on effectiveness and delivery.
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 policies (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 appointee's status.
Application Details:
Closing Date: 13th June 2024
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
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