Senior Operational Risk Manager
Our client is a specialist Financial Services Group based in the Southeast with a focus on residential and BTL mortgage lending. Products are designed to be prudent, cautious and deliver good customer returns. The role can be hybrid with partly working for home.
Responsibilities of the Senior Operational Risk Manager:
This person will provide full support to the Head of Operational Risk in managing the operational risk profile of the business. This includes primary responsibility for the effective completion of the annual RCSA refresh programme across all business areas and providing detailed reporting for risk committee presentation.
The Senior Risk Manager will also be responsible for the provision of advice to the business, whilst ensuring procedures are designed and operating effectively to assist in delivering a robust secondary control infrastructure.
Key responsibilities include leading the Risk and Control Self-Assessment (RCSA) programme, providing and delivering an annual plan for all business areas. This includes preparation, delivery of workshops, critical challenge of controls effectiveness, and provision of reporting for risk committees based on detailed analysis.
Record and report on all Risk Events that occur within the business, liaising with 1st and 2nd line representatives to manage incidents to resolution. This may require escalation to line manager and/or appropriate Executive member and resolution may include root cause analysis and recommendations of appropriate remedial actions.
Provide advisory support to the business on operational risk matters, including as part of forums, working groups and committees as requested by the Head of Operational Risk and critical analysis on a range of operational risk data to identify trends and common themes, developing solutions, controls, and adequate risk management processes where appropriate.
Requirements of the Senior Operational Risk Officer role:
The suitable candidate will have held previous position of seniority, with a minimum 3 years of experience in an operational risk role (including RCSAs, risk event resolution and analysis)
Experience and understanding of the mortgage life cycle and/or banking within the financial services industry. Knowledge of Operational Risk taxonomies and methodologies, Conduct Risk, and FCA operational principles
Bonus Scheme, Attractive Pension, Life Assurance and Private Medical Plan