What is the opportunity?Reporting directly to the Head of Financial Crime Compliance, the Head of Sanctions is responsible for leading a dedicated Sanctions team in the development, monitoring, and oversight of the Group's Sanctions Framework in order to restrict the international trade and financing of persons, entities and countries involved in terrorist activities, proliferation of nuclear weapons, illegal arms trade, violation of human rights and drugs trade.
In the role, you will:Be responsible for supporting the Group MLRO in the formulation and development of the Group's Financial Crime strategy, and framework with specific SME responsibility for Sanctions.Manage the day-to-day operations of the Group Sanctions Compliance function is delegated to the Head of Sanctions Compliance, under SEAR / IAF protocols.Develop and rollout of the Sanctions Risk Assessment (SRA) and ensuring that the actions arising from the SRA are adequately managed/addressed across the Group.Enhance the Group's Sanctions Framework to including maintaining the Sanctions Policy and any procedures underpinning the Policy.What will make you stand out?We are seeking an influencer who engenders trust at all levels and acts with integrity. You will ensure strong people leadership and development practices are in place by ongoing management, motivation and development of the Sanctions team. This will require strong and in-depth knowledge of global sanctions regimes/regulation and practice at a senior level.
With a proven ability to act as a functional SME with the capability to challenge interpretation, coordinate responses where required and prepare insightful briefings for Business and GFCC leaders you will also review and analyse legislation and complex cases and provide practical solutions and advice.
You will have experience in identifying patterns or connections between situations and cause and effect and to deal with issues/solve problems in a step-by-step manner.
Finally, you will be an excellent communicator with strong stakeholder management who can collaborate well at all levels of the organisation while still being able to maintain independence from management and front line.
Essential QualificationsRelevant 3rd level or industry related (ACAMS, ICA etc.) academic qualification (ideally in risk, compliance, legal, business or finance) and relevant business experience.
More about the teamThe Financial Crime Compliance team has a critical role to play within Group Risk for overseeing and governing the management of Financial Crime risk and compliance (as a second line of defence function) as part of the Group's Risk Management Framework.
The Sanctions team is responsible for developing a comprehensive vision and approach for the enterprise level management of sanctions risks.
This is a hybrid role with the primary office location of Baggot Plaza, Dublin. Travel will be required for in-person collaboration - exact frequency to be agreed with manager.
Why work with us?The Bank of Ireland company culture prioritises work-life balance with an opportunity for flexible working, along with 25 days annual leave and excellent pension contributions. Family can mean different things to different people; we offer 6 months paid mat 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 promiseWe 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!)
Key CompetenciesManage Risk - LeaderAccountable - LeaderChampion Transformation - LeaderAgile - LeaderCustomer Focused - LeaderWhere Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role. 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.
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