Sustainability Regulatory & Reporting Standards Advisor

Location/Office Policy: Molesworth Street, Dublin / Hybrid  

• Can you assist AIB to ensure that all its banking licences are compliant with sustainability regulations?
• Do you have demonstrable experience with Sustainability/Regulatory Reporting/ Compliance/Legal?
• Can you engage with internal teams on new regulation or amendments?

  What is the Role:   Sustainable Finance is also becoming a regulatory imperative. New EU legislation will greatly accelerate Sustainable Finance reporting, transparency, and disclosure in the Financial Services Sector. Sustainability is the theme of our time, and the financial system has a key role to play in delivering on sustainability and climate goal objectives. The role is an opportunity to play a significant part in meeting AIB strategic objectives and will afford the successful candidate the opportunity to influence AIB’s approach to meeting its regulatory requirements and voluntary commitments in this fast-growing area.   This role reports directly to the Sustainability Regulatory & Reporting Standards Advisory manager – Group Strategy and Sustainability. The regulatory environment is complex in nature and size. This role covers the current sustainability reporting & disclosure requirements (mandatory and voluntary) on the Sustainability Transformation programme, including any amendments to same and forward looking in terms of new requirements and regulations such as CRR, Pillar 3, EBA Q&A, EU Taxonomy, and CSRD.   Key accountabilities:  

• Set up and lead out on frequent meetings with the Sustainability and Strategy teams and other AIB functions, to assist interpretation (regulatory gap analysis), provide support and discuss changes in regulations, including CSRD, EU Taxonomy, and Pillar 3. Also assist with the publicly disclosed voluntary commitments.
• Track & liaise with AIB Compliance teams to get up to date Horizons (ROI, ROI Legal, UK, US,) and update sustainability monitoring tool for same.
• Track & liaise with the regulatory Change forum for the department.
• Track & participate in industry meetings with the Banking & Payments Federation Ireland (BPFI) and EBF, relevant regulators and manage AIB’s responses to Consultation Papers (CP), to protect the interests of the industry and drive reputation and policy change where needed.
• When relevant assist manager to engage with the CBI/ECB/SSM/PRA on new regulation or amendments to regulation to ensure correct interpretation and application of same.

   What you Will Bring.

1. 3+ years' experience in an ESG related environment, as part of a Financial Services/Banking Institution, for a regulatory body or in an advisory, transformation, change, law, or business consulting capacity. i.e. Compliance/Legal/Sustainability/regulatory reporting experience is beneficial.
2. Be highly organised with the ability to prioritise and manage numerous tasks with competing priorities.
3. Strong verbal and written communication skills, and proven experience of teamwork and managing relationships with stakeholders.
4. Be a self-starter, with a strong work ethic, who can either work independently or as part of a small, close-knit team.
5. Understanding, experience, or interest in ESG related banking regulations, directives, standards and guidelines, and the ability to provide accurate advice, review and challenge as required. Relevant qualifications would be advantageous.

  Why Work for AIB   We are committed to offering our colleagues choice and flexibility in how we work and live and our hybrid working model enables our people to balance their time between working from home and their designated office, subject to their role, the needs of our customers and business requirements.   Some of our benefits include:  

• Market leading Pension Scheme
• Healthcare Scheme
• Variable Pay
• Employee Assistance Programme
• Family leave options
• Two volunteer days per year

   Please click for further information about AIB’s PACT – Our Commitment to You.    Key Capabilities   Behavioural Capabilities  

• Collaborates: Building partnerships and working collaboratively with others to meet shared objectives.
• Manages Ambiguity: Operating effectively, even when things are not certain, or the way forward is not clear.
• Instils Trust: Gaining the confidence and trust of others through honesty, integrity, and authenticity.

  Technical Capabilities:

• Knowledge of Legal and Regulatory Requirements:  Maintains and demonstrates up-to-date knowledge of industry regulatory requirements and ensures its implementation and monitoring where required.
• Attention to Detail:  Demonstrates a concern for accuracy and thoroughness so that sufficiently detailed information is logged correctly.
• Business Partnership & Consulting:  Functions as a trusted advisor regarding relevant markets, business strategies and operating and / or risk and control environments to advise the business on solutions relating to own area of expertise.

   If you are not sure about your suitability based on any aspects of the role advertised, we encourage you to please contact the Conor Kearney at (careers@aib.ie) for a conversation.    AIB is an equal opportunities employer, and we pride ourselves on being the first bank in Ireland to receive the Investors in Diversity Gold Standard accreditation from the Irish Centre for Diversity. We are committed to providing reasonable accommodations for applicants and employees. Should you have a reasonable accommodation request please email the Talent Acquisition team at careers@aib.ie    Disclaimer: Unsolicited CVs sent to AIB by Recruitment Agencies will not be accepted for this position. AIB operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our recruitment partners.    Application deadline: 24th January 2024