The nature of banking regulation means that every day is different. Of course there are weekly and monthly reports to complete but with the pace and scope of regulatory change in the banking industry it means that each day always brings a new and exciting challenge.
Risk transcends the departments and business units in Bank of Ireland. That means that I get to interact with so many individuals and departments across the bank in both the UK and Republic of Ireland.
The most challenging aspect of my role is ensuring that I keep up to date with the regulatory announcements and requirements that could potentially impact the Bank.
It’s a great time to work in banking as the industry begins to show real signs of recovery and growth. With that comes new and exciting challenges, especially working so closely with the regulators to ensure that the industry doesn’t decline in such a dramatic way as we’ve seen in the past.
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Bank of Ireland is regulated by the Central Bank of Ireland. In the UK, Bank of Ireland is authorised by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request. By proceeding any further you will be deemed to have read our Terms and Conditions and Privacy Statement.
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