Role Summary:

The Business Analyst in the First Line Assurance (FLA) department will play a critical role in supporting the implementation and enhancement of risk management frameworks within a regulated financial services environment. The primary focus of the FLA is to ensure that all business activities adhere to regulatory standards, internal policies, and best practices.

The Business Analyst will collaborate closely with various stakeholders across the firm; first line functions, and senior management, as well as operational, risk and compliance functions to gather data, identify core issues, from a control and assurance perspective.

First Line Assurance is primarily responsible for helping the front line manage and control day-to-day risks. FLA does this through:

being a business partner that helps ensure that all front-line team members are aware of, and act in accordance with, the Firm’s policies and procedures,
implementing change as a result of process and efficiency needs, RMPs or Dear CEO letters, and,
monitoring for breaches of policies and procedures and providing training where necessary.

The core of the Business Analyst’s role is to adjudicate on front line approval requests; to assist with the Product Governance process and to assist the Director of Wealth Management on key strategic initiatives and other project-based work. An ability to analyse data and identify trends will be a vital component of the requirements of this role.

Under The Central Bank of Ireland’s (CBI) Individual Accountability Framework (IAF) established under The Central Bank (Individual Accountability Framework) Act 2023 (IAF Act), as a Control Function holder, you have a Duty of Responsibility under the CBI Common Conduct Standards. These standards include:

acting with honesty and integrity,
acting with due skill, care and diligence,
co-operating in good faith and without delay with the Central Bank of Ireland
acting in the best interest of customers and treating them fairly and professionally
operating in compliance with standards of market conduct and trading venue rules

Business Analyst, First Line Assurance (FLA)

Job Description