Prudential Risk Manager - Market Risk

What is the opportunity?

Working as part of a collaborative and dynamic second line team, you will have the opportunity to build strong relationships with first line teams to ensure Market Risk is managed effectively, preserving the safety and soundness of the Firm, in a sustainable manner. This is an excellent position that will enable you to build your career with Bank of Ireland.

In this role, you will:

• Support senior management regarding the development and implementation of effective risk management frameworks in Market Risk areas and lead all aspects that these are operated against by Treasury and business areas.
• Responsible for supporting the review, monitoring and reporting of Market Risk limits, including breach issues in line with policy.
• Preparation and review of briefings, project updates, committee papers and other relevant information and presentation to Executive and Senior Management Teams, Risk Committees and relevant regulatory authorities.
• Support analysis, interpretation and dissemination of upstream risk developments from regulatory and other international bodies as applicable to Market Risk areas.

What will make you stand out?

A solid understanding of Prudential Risk management approaches, including Prudential Risk measurement techniques, MI and reporting framework. Analytic and numeric ability, combined with excellent report writing and verbal communication skills. Well-developed influencing and networking skills with an understanding of risk management approaches Sound knowledge and understanding of the risk metrics within the group's major business areas. Strong intuition for business, possibly gained from experience in a lending/underwriting unit or risk function.

Experience with any of the following will help you to stand out but is not necessary in order to apply for this role;

• Knowledge of Access, VBA, and SAS.
• Strong proficiency in Excel and PowerPoint, particularly aggregation and effective presentation of large volumes of data and information.
• Previous Treasury Risk experience advantageous

Essential Qualifications

There are no specific qualifications or minimum educational requirements needed for this role.

More about the team

The UK Prudential Risk team support the UK Chief Risk Office in ensuring effective risk management across the business in meeting regulatory requirements for the areas of treasury risk, model management, and capital for BOI UK. The team is also responsible for regulatory change in relation to Prudential Risk areas. An analytics function within the team supports these areas and other teams in the wider risk office.

Key responsibilities of the team include 2LOD oversight of ICAAP, ILAAP, Recovery and Resolution processes, maintenance and oversight of relevant risk policies, frameworks and risk appetite metrics, reporting, monitoring and assurance.

This is a hybrid role and can be done anywhere within easy reach of Belfast,Bristol or London. Travel may be required for in-person collaboration including team meetings, training and planning sessions.

#LI-HYBRID #IJ-HYBRID

Why work with us?

The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 24 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid maternity leave, an innovative fertility and surrogacy policy and working parent supports.

Your wellbeing is important to us; we have an employee assistance program, WebDoctor and financial wellbeing coaches available. We also encourage and support staff to pursue educational and professional qualifications to grow and enhance your career!

Flexible working matching promise

We know how important flexible working arrangements are to our colleagues, and we promise to try to match your current flexible working arrangement in this new role (all existing working arrangements considered!)