Independent Advisor - Central Bank of Ireland

Recruiter
Spark Foundry
Location
Dublin, Leinster (IE)
Salary
n/a
Posted
09 May 2018
Closes
23 May 2018
Contract Type
Contract / Interim
Language
English

Independent Advisors – Central Bank of Ireland

This is a unique opportunity for highly talented, experienced people to work with the Central Bank of Ireland as Independent Advisors providing expert advice in the areas of Prudential Regulation and Financial Conduct.

The Central Bank’s aim is for a well-managed and well-regulated financial services system underpinned by a strong culture of compliance, with firms and the people working in those firms acting in the best interests of their customers, serving both the needs of the economy and its customers over the long term.

To support the achievement of this, the Central Bank of Ireland is seeking to appoint a number of Independent Advisors to provide expert advice in areas spanning our Prudential Regulation and Financial Conduct Pillars.

In partnership with the leadership teams, Independent Advisors will help to shape, develop and drive the implementation of strategic objectives of the Directorates through providing expert advice, insight and guidance.

Appointed Advisors will have an opportunity to impact regulatory approach on both a national and international scale, acting in the public interest.

Successful candidates will have the opportunity to:

  • Contribute to the Central Bank’s vital public service mission of Safeguarding Stability, Protecting Consumers
  • Operate in a truly international organisation
  • Gain a unique perspective on managing the implications of Brexit as well as the financial system in Ireland and beyond

Individuals will be engaged on a contract for services on a part-time/flexible working arrangement. Contracts will be for an initial period of 2 years with the option to extend for up to 2 further years by mutual agreement.

The Services

The role of Independent Advisors is likely to be far reaching with services including (but not limited to):

  • Provision of advice and guidance on specific projects or aspects of regulation, supervision, regulation and policy development
  • Contributing to the determination of, and approach to, prudential and conduct risk including consumer protection risks and
  • related issues
  • Working directly with the Prudential Regulation and/or Financial Conduct pillars’ management and staff, providing expert input on a range of organisational and policy development as well as risk supervisory matters
  • Contributing to risk matters generally and cross-sectoral risk themes, which could include cross-bank initiatives, institution-specific issues or assessment of applications for authorisation

Independent Advisors are required to provide expert advice in relation to each of the following areas:

  • Banking and Credit Union Supervision
  • Insurance Supervision
  • Asset Management Supervision
  • Securities and Market Supervision
  • Enforcement
  • Consumer Protection
  • Policy & Risk

The scope of services required in each area is far reaching and, therefore, we expect candidates to have a significant range and depth of experience in relation to financial services or central banking generally, as well as particular technical expertise and experience in the specific area that their application relates to. Expressions of interest (“Responses”) are sought from suitably qualified Candidates who have particular expertise in relation to one or more of the areas.

Minimum Requirements

Successful Candidates will be experienced professionals with strong expertise in their field and have operated in an international context with a proven ability to think strategically and to communicate and influence at the most senior levels of the organisation.

Typical experience will include:

  • Extensive relevant experience in financial services (or financial regulation) which includes providing expertise and challenge at the most senior levels; developing/influencing organisational strategies that have contributed to the development of financial services. Individuals will be expected to have a deep understanding of prudential and/or consumer protection risks and issues.
  • Extensive experience at a senior level in a relevant area of professional expertise.
  • A Master’s degree or equivalent professional qualification (e.g. accountancy) in the area of business, accounting, finance, economics, maths, risk or any related professional discipline would be desirable.

Contract Offered

Successful candidates will be engaged on foot of a contract for services with flexible working arrangements. Estimated time commitment is 3-12 days per month depending on business requirements.

Responses are invited from individuals operating either as a sole trader or as a company. Candidates should note that each area of services is regarded as separate and distinct; where a Candidate wishes to apply for consideration for more than one area of specialism (e.g. insurance supervision and enforcement) this must be clearly indicated in the Response.

Please note that the Central Bank of Ireland reserves the right to deduct payroll taxes from payments made to certain service providers in accordance with relevant tax law, albeit that a contract for services exists between the parties. The contract will not give rise to an employment relationship between the Central Bank and the service provider.

Queries

If you have any queries in relation to the process click "Apply" before the deadline of 12 noon on Friday, 18th May 2018 referencing ‘Independent Advisors’.

Closing date for applications is 12 noon on Friday, 1st June 2018.

To register your interest in supplying Independent Advisor services to the Central Bank, please submit a response by completing the Application Form. The Application Form can be downloaded by clicking "Apply".

Once your Response has been successfully submitted you will receive an automatic email from us acknowledging receipt.