Operational Retail Risk Manager

London (Greater)
£75000 to £90000 per annum
01 Nov 2017
09 Dec 2017
Contract Type
Full Time

About the Company:

A small private bank based in the heart of London are looking for a Operational Risk Manager to join their retail department.

About the Role:

  • Maintaining and updating policies and framework governance documents relating to Operational Risk.
  • Liaise with and influence of all key stakeholders to ensure their engagement in the drafting of the new policies and the updating of existing policies.
  • Scenario analysis programme, including liaison with all business lines to develop appropriate scenarios that stress the operational control environment and determine the impact and control vulnerabilities associated with a given scenario, including the quantification for determining ICAAP where relevant for Specialized Bank.
  • Managing with the wider Opeartions Risk team the consolidation, tracking and reporting of Internal Audit and Compliance Monitoring findings. Ensuring that all points are tracked and managed as well as agreeing IA & CM issues raised by relevant assurance with the business stakeholders
  • Planning and coordination of assessment of the service arrangements including the consolidation and verification of the key performance and risk indicators.
  • Updating and reviewing BCP plans for business units. Where necessary assist in the co-ordinations of testing.
  • Participation in Operational Risk forums and working groups. Promote operational risk awareness and conduct training for all employees.
  • Interaction and Co-ordination with IT Operational Risk team
  • Partner with business to enhance and develop risk indicators, assess risks associated with new products and new business in accordance with policy.
  • Maintain relationships with key Operational risk bodies, such as ORX, ORIC

About You:

  • A good understanding of risk management methodologies
  • Knowledge of retail products and services
  • A good understanding of risk and controls within a financial services organisation
  • Someone who can think outside the box to resolve a situation
  • Ability to work as part of a team and as an individual

If this role is something you are interested in then please apply or contact me directly.