What is the opportunity?

We have an exciting opportunity for a Compliance Manager to work with a highly dynamic team in Third Party Risk Management (TPRM). This role is essential in ensuring that all third-party engagements have the requisite due diligence.

The Compliance Manager is responsible for coordinating and ensuring adherence to legal standards and internal policies. This role involves developing, implementing, and maintaining a comprehensive procurement compliance program that aligns with statutory and regulatory requirements.

In this role, you will;

• Support the Regulatory Compliance & Sustainability Lead to develop the compliance Framework and Technical standards and to ope rationalise and implement these frameworks.
• Responsible for analysing, finding opportunities and embedding ESG considerations within the procurement process.
• Responsible for embedding improvements into the supply chain through the identification of risks and vulnerabilities which could impact supplier performance.
• Maintain and update compliance policies and procedures to reflect changes in regulatory policies and standards.
• Conduct regular risk assessments to identify potential compliance vulnerabilities and develop strategies against them.
• Strategically partner with areas across the business and key stakeholders to implement risk mitigation strategies against procurement risks and issues.
• Coordinate and perform internal audits to evaluate the effectiveness of compliance controls and procedures. Report your findings to senior management as well as recommended corrective actions.

What will make you stand out?

The successful candidate will have significant experience working within a compliance and/or risk management role preferably within the Financial Services or Asset Wealth Management industry. You will have experience in conducting risk assessments to identify compliance vulnerabilities and implementing successful mitigation strategies to identified risks raised in compliance audits.

Extensive experience in developing and maintaining compliance policies and procedures and creating and delivering training programs to educate employees on compliance requirements and foster a compliance-centric culture.

Strong analytical skills, the ability to interpret complex regulatory requirements and translate them into actionable policies and familiarity with compliance management systems and technology solutions that aid in monitoring and reporting compliance activities.

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

• Strong communication and interpersonal skills, with the ability to influence and collaborate across all levels of the organisation
• Proven record of accomplishment in operating effectively with sourcing risk management, Group Risk oversight teams and Internal Audit.

Essential Qualifications

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

More about the team

Group Procurement & Partner Management (Group Procurement) is a Bank of Ireland Group-wide function that provides Strategic Sourcing, Category Management, Partner Relationship Management, Supplier Risk Management & Governance and Procurement Services & Transformation support to all Divisions and Business Units. Group Procurement is part of Group Technology & Customer Solutions..

This job can be done anywhere in Republic of Ireland with the primary office location as Dublin to which travel will be required for in person collaboration. Exact frequency to be agreed with manager.

#li-hybrid #ij-hybrid

Why work with us?

The Bank of Ireland company environment prioritises work-life balance with an opportunity for flexible working, along with 23 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 improve your career!