The Central Bank of Ireland serves the public interest by safeguarding monetary and financial stability and by working to ensure that the financial system operates in the best interests of consumers and the wider economy.

We currently have a vacancies for Supervisors on a contract of indefinite duration in the Insurance Supervision Division. These roles are aligned with the Bank Professional 3 and the BP3 salary scale applies. Please click here for further information on our salary scales.

It is important to us that our people have flexibility in their role and we will shortly transition to a hybrid working model where they can balance their time between working from home and our office.

The purpose of the role is to contribute to the proactive prudential supervision of one or more regulated companies in the sector, using a risk-based, outcome-focused approach to supervision in order to ensure the comply with regulatory requirements (National, European and International standards).

Responsibilities:

Undertake the prudential supervision of firms in the sector, using a risk-based, out-come focused approach to supervision aligned to the PRISM framework to ensure the stability of the Financial market. Draw conclusions and make recommendations to deliver robust, timely, effective and efficient supervision.
Conduct onsite and thematic reviews where appropriate, and deliver output of same in accordance with the Central Bank’s risk assessment process, to contribute to the safeguarding of the financial system.
Contribute to the implementation of a supervisory programme of work to address issues, themes and supervisory risk that have been identified through the team’s surveillance of the sector.
Take responsibility for own work, and ensure appropriate outcome of reviews and supervisory work that has been completed is communicated clearly and effectively to team and management and to the supervised firm where appropriate.
Contribute to the detailed analysis of the financial and regulatory returns data for individual firms.
Carry out such other ad-hoc supervisory activities as may be determined by the Supervision Manager, such as participation in supervisory projects
Be responsible for own work outcomes and communicate these effectively within the team, whilst also supporting the Supervision Manager in the development of other team members
Develop and maintain positive stakeholder relationships, both internally and externally, through representing the Central Bank of Ireland in European and International fora as appropriate.

Requirements:

A third level honours degree or professional qualification in the area of business, accounting, finance, economics, maths, actuarial, risk or any related professional discipline and/or relevant comparable experience.
5 years regulation and/or financial services experience.
Understanding of the financial industry and the practical operation of companies within that industry.
Analytical, problem solving, decision making, planning and organisational skills
Ability to critically assess complex/once off issues and problems
A keen drive to continually develop one’s own skillset and keep up to date with industry developments.
Good verbal and written communication

We know it's our people who make the Central Bank special and we are focused on creating a diverse, inclusive, fulfilling and progressive work environment. We encourage applications from candidates with different backgrounds, experiences and perspectives as it strengthens us, as individuals and as an organisation. We are committed to positively supporting candidates with disabilities. If we can make any reasonable accommodations for you in the recruitment process in order to give you the opportunity to perform to your best, please let us know. Any information that you provide will be used only for the purposes of providing relevant support and will have no bearing on how your application will be viewed.

Application Details:
Closing Date: 30/06/2022

To apply, please complete the application form attached (via the “apply” link). This allows you to tell us why you are the best fit for us. Before starting your application you will be asked to create a profile with us, this will allow you to track and review your application throughout the process. Click "register" to create a profile and complete the application process.

Once your application has been successfully submitted you will receive an automatic email from us acknowledging receipt. If you do not receive this auto-acknowledgement, please contact recruitment@Centralbank.ie

The Central Bank pension scheme mirrors the rules of the civil service pension scheme. Therefore if you are in receipt of civil/public service pension, abatement may apply to your current pension. Details of the appropriate pension scheme will be provided upon determination of the appointee’s status.

Cuirfear fáilte roimh chomhfhreagras í nGaeilge.
The Central Bank of Ireland is an equal opportunities employer