Third Party Senior Risk Associate

Third Party Senior Risk Associate,

The Davy Group is Ireland’s leading provider of wealth management, asset management, capital markets and financial advisory services. You can read more about our growing company here: 

About us 

From day one, you’ll notice there is something special about working at Davy. Our success is built on nearly 100 years of forging strong relationships with our clients and developing the careers of Ireland’s future business leaders.

Established in 1926, the Davy Group sits at the heart of wealth and capital in Ireland, providing a broad range of services to high-net-worth individuals, self-directed investors, small-to-medium enterprises, credit unions, corporations, and domestic & international institutional investors. 

Our culture is shaped around three values, which are at the heart of everything we do: client success, one Davy, and building a proud legacy. Sharing the same goals, we work together to deliver exceptional outcomes for our clients. As part of a team of over 900, you will be encouraged to learn and to grow, both professionally and personally. 

About this job

As a Third Party Senior Risk Associate, you’ll play a pivotal role in shaping and executing governance procedures that meet the ever-evolving regulatory landscape. Working with and under the direction of the Third Party Oversight Lead (TPOL), you will be responsible for assisting in the implementation and management of the Third Party Risk Management (TPRM) framework from a first line of defence perspective.

Key responsibilities of the Third Party Risk Associate

• Support the TPOL in the roll out of a new TPRM Framework and Strategy to ensure regulatory compliance.
• Contribute to the day-to-day operations of TPRM including onboarding, reassessment, oversight and reporting.
• Support service owners in managing third party relationships and adhering to the TPRM Lifecycle.
• Maintain reporting of KPIs on a regular basis to evaluate third party performance.
• Assist in managing the third party and outsourcing register in line with regulatory requirements, with a mindset of continuous improvement. Work with stakeholders in the firm to ensure data quality is continuously enhanced.
• Support the TPOL in producing regular reports and resent to internal governance forums.
• Regulatory monitoring and analysis.
• Support process improvement and business transformation initiatives and projects, for a lean but effective risk and control framework for third party.
• Provision of training for key stakeholders within Davy.
• Support the FLOD Operations team with adhoc tasks.

 Key Relationships

This role provides third party expertise, oversight and support to all business units within J&E Davy. A strong collaborative and detail-orientated approach to work is vital to succeed in this role.

What we offer 

We offer a range of benefits and experiences to support your professional and personal growth, whatever your career stage. Our benefits are not just a number. Yes, we offer competitive salary, annual performance-related discretionary bonus, annual flexible benefits, employer pension contribution, and multiple insurance coverage. But more than that, we focus on developing our people to be their best, professionally and personally.

Training support provided by award-wining Learning & Development Team, extensive sports & social programmes (including free on-site gym & fitness studio), flexible working options, employee assistance programme, enhanced leave options, and social & community care initiatives are just some of the ways our people can empower themselves to be their best. 

Requirements

• Minimum 2 years experience working in a regulated and compliance-driven environment
• Basic understanding of Central Bank of Ireland Guidelines on Outsourcing
• General awareness about risks emerging from third parties, mitigating framework and implications of such risks
• Strong educational, financial services and regulatory background
• Strong MS office skills (e.g., Excel, PPT, Forms)
• Strong focus on completing tasks to adhere to deadlines
• Strong analytical skills and ability to piece together key data

• Excellent communication skills, both written and verbal

• High levels of personal initiative and proven ability to work independently

• Well organised and self-motivated

• Demonstrably structured, solution-focused, practical, and collaborative approach to work
• Excellent team worker with ability to build successful and productive relationships

• Experience with change management programmes and/or projects

• Proven commitment to professional development

Important Information 

Davy is an equal opportunities employer and we are committed to fostering an inclusive workplace. We value diversity both in background and in experience. You might not meet all of the requirements outlined in the above job description, but we would still like to hear from you. We review all applications received.

Appointment to this role is subject to the candidate's eligibility to work in Ireland. 

Where agency assistance is required, our Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to us by recruitment agencies will not be accepted for this role. 

Davy Group is a member of the Bank of Ireland Group.