Director – Policy & International

at  CENTRAL BANK

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 are part of Europe’s monetary and banking unions, and the European System of Financial Supervision. We work with people across Ireland and with colleagues across Europe and internationally, in the delivery of our Mission.
We currently have a vacancy for a Director – Policy & International on a contract of indefinite duration in the Policy & International Directorate. This role is aligned with the Bank Director grade and the Bank Director salary scale, between €208,400 and €223,272 applies. Please click here for further information on our salary scales.
The Director – Policy & International is responsible for the leadership of the Policy & International Directorate and has a central responsibility for financial regulation policy in Ireland. The Director is responsible for the development and maintenance of domestic financial regulation as well as leading the Central Bank’s engagement in the development of EU & International financial regulation.
The successful candidate will be responsible for ensuring the continued development and leadership of the Policy & International Directorate, and further developing the Central Bank’s analytical and evidence-based approach to regulatory policy development as well as its strategic approach to domestic and international engagement.
They will also be a member of the Central Bank’s Senior Leadership team, and responsible for working to collectively lead the implementation of the Central Bank’s strategy and enable the Central Bank to deliver on its mandate.
The Director – Policy & International reports to the Deputy Governor (Financial Regulation), supports the Executive Leadership Team and is accountable to the Governor for their responsibilities.

Responsibilities:

• Lead the development and implementation of financial regulation policy, domestically and internationally across our integrated financial regulation mandate (including prudential, conduct, anti-money laundering, consumer and investor protection), and across the whole of the financial services sector (including Banking & Payments, Capital Markets & Funds, and Insurance).
• Lead the Bank’s engagement in the development of EU and International regulation, including participation in the European Supervisory Authorities, as well as supporting Ireland in the negotiation and development of EU financial services legislation.
• Support the Central Bank’s strategic engagement, domestically and internationally, on issues related to financial regulation, building strong networks and relationships to help influence and inform policy development.
• Develop, maintain and lead the Central Bank’s approach to evidence based regulatory policymaking including through participation in relevant cross-organisational and international committees.
• Lead the Central Bank’s external stakeholder engagement on issues of financial services regulatory policy.
• Contribute, as a Senior Leader in the Central Bank, to being a cohesive and collaborative member of the Senior Leadership team, including participating in the development and implementation of the strategy of the Bank.
• Be a role model for the Bank’s values by delivering the Central Bank’s vision through unified, values-driven leadership.
• Lead and coach direct reports to ensure a high performing, well-motivated and developed team, which delivers the required outcomes.
• Promote a culture of continuous improvement and proactively seek opportunities to ‘problem-solve’ on a cross-organisation basis to increase the effectiveness and efficiency of the organisation,

Required Qualifications, Experience and Skills:

• 8+ years at Senior Management level, with a demonstrable track record in the development and motivation of results-focused teams.
• 5+ years in-depth experience shaping and implementing regulatory policy at a national or international level (or equivalent relevant experience in financial supervision or industry).
• Experience working at senior levels in either a financial services regulator, firm, central bank or finance ministry (experience of a combination of these would be particularly desirable).
• Degree in Finance, Economics, or Law or equivalent professional experience.
• In-depth knowledge of policy development and the legislative process, both in a domestic and international context.
• Strong understanding of the financial services sector.
• Proven track record developing and maintaining strong networks, and managing a diverse range of stakeholders.
• Excellent influencing and communication skills.

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 email our Disability Inclusion Partner, Rebecca Daly at
Rebecca.daly@centralbank.ie or 01 224 6711. 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.
We have recently implemented a hybrid working model to balance the flexibility working from home provides with the value our office environments bring to support collaboration and connection with colleagues. Our approach to hybrid working enables colleagues to work from home up to 50% of working days, building on an existing broad range of flexible working policies and practices already in place to support our people achieve the right balance.
Our policies also provide insight into our organisational culture, work environment and working arrangements. Here are some of the key policies (subject to ongoing review and amendment) which may be of interest as you consider a career with us.

• Lead the development and implementation of financial regulation policy, domestically and internationally across our integrated financial regulation mandate (including prudential, conduct, anti-money laundering, consumer and investor protection), and across the whole of the financial services sector (including Banking & Payments, Capital Markets & Funds, and Insurance).
• Lead the Bank’s engagement in the development of EU and International regulation, including participation in the European Supervisory Authorities, as well as supporting Ireland in the negotiation and development of EU financial services legislation.
• Support the Central Bank’s strategic engagement, domestically and internationally, on issues related to financial regulation, building strong networks and relationships to help influence and inform policy development.
• Develop, maintain and lead the Central Bank’s approach to evidence based regulatory policymaking including through participation in relevant cross-organisational and international committees.
• Lead the Central Bank’s external stakeholder engagement on issues of financial services regulatory policy.
• Contribute, as a Senior Leader in the Central Bank, to being a cohesive and collaborative member of the Senior Leadership team, including participating in the development and implementation of the strategy of the Bank.
• Be a role model for the Bank’s values by delivering the Central Bank’s vision through unified, values-driven leadership.
• Lead and coach direct reports to ensure a high performing, well-motivated and developed team, which delivers the required outcomes.
• Promote a culture of continuous improvement and proactively seek opportunities to ‘problem-solve’ on a cross-organisation basis to increase the effectiveness and efficiency of the organisation