Person, Face, Finger, Beard

Lead Consultant Compliance Assurance

UK, United Kingdom | Hybrid
Permanent | Full time
Closing date:  Apr 23 2025

Lead Consultant Compliance Assurance

  • UK, United Kingdom
  • Full time
  • Closing on: Apr 23 2025

What is the opportunity

This is a fantastic opportunity to lead a team of Compliance Consultants, and be part of a wider team that has an important part to play in ensuring safe delivery of the UK and Group Risk strategic objectives.

In this role you will:

  • Scheduling, managing and co-ordinating review activity with stakeholders across BOIUK including agreeing review objectives, scope, timing and approach.
  • stakeholder engagement across BOIUK to support delivery of assurance activity including agreement of issues and action plans and validation activity to ensure successful risk mitigation and improvement of the control environment supporting better customer outcomes an improved risk management
  • Production of impactful written reports including assurance opinions, results and key issues.
  • To support the Head of Compliance Assurance & Monitoring to develop the risk based Compliance Assurance and Outcome Testing plan. To support review and update of approaches and processes for the delivery of effective and efficient compliance assurance and outcome based testing.
  • To provide high quality, timely, accurate and insightful reports and regular management information in relation to the results of assurance and outcome based testing.

What will make you stand out?

Demonstrably good working knowledge of UK Financial Services regulations - in particular Consumer Duty, Codes of Practice and products.

5 years working in Retail UK Banking regulatory compliance and/or financial services risk management and/or 3 years working in audit, compliance assurance and/or monitoring within Retail UK Banking

Good understanding of banking products

Experience of managing, coaching and developing a team

Strong planning and organisational skills

Excellent attention to detail and report/document writing skills; experience in reviewing/approving the work of others

Excellent communication skills - oral and written - and ability to manage senior stakeholders

Good decision-making, planning/organisation, communication and relationship-building skills.

Essential Qualifications

There are no minimum educational requirements for this role.

More about the team

Group Risk guides the Group in its definition and articulation of risk appetite and provides strong independent oversight and management of the Group's risk profile, as the Group:-

  • fulfils its Purpose to enable our customers, colleagues and communities to thrive.
  • pursues its Ambition to be the National Champion Bank in Ireland and selective international diversification.
  • Progresses its Strategic Priorities to Serve customers brilliantly!
  • Transform the Bank.
  • Grow sustainable profits.

Group Risk adopts the philosophy that great customer outcomes and phenomenal risk management are intrinsically linked through culture.

The Function maintains a robust risk culture, in support of the Group's strategic goals, by ensuring that the appropriate structures, systems, policies and controls are in place to provide effective management of risk. Group Risk strives to support the Group in optimising returns over the longer term through robust and value adding risk management. The Function's ambition is to ensure that Group Risk is an enduring source of strategic advantage to the Group.

The UK Risk Team is responsible for helping protect the bank's balance sheet, customers and reputation whilst supporting the business in building sustainable profitability. It has four teams, Credit Risk, Operational Risk & Financial Crime, Conduct & Compliance and Prudential Risk, with circa 240 people based in London, Bristol, Belfast & Solihull. The team has an important part to play in ensuring safe delivery of the UK and Group Risk strategic objectives.

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!

Key Competencies

  • Customer Focused - People Manager
  • One Group, one team - People Manager
  • Agile - People Manager
  • Accountable - People Manager
  • Manage Risk - People Manager

We`re on a continuous journey to build an inclusive and diverse workplace. We welcome applications from people of all backgrounds, lived experience, abilities and perspectives. We provide reasonable accommodations at every stage of our recruitment process for disabilities, neurodivergence or medical conditions. If you require an accommodation please complete this form and one of our recruitment team members will be in touch via email. Any information provided will be treated as confidential within the recruitment team and used only for the purpose of determining and providing appropriate accommodations for the application and recruitment process.

Apply now

Our application form takes just minutes to complete. If you have any questions or require assistance with our application process, you can fill out this form and one of our recruitment team members will be in touch via email.

 

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