Our client is a leading international Bank based in the City. They are looking for a 1st Line Operational Risk Manager.
THE RESPONSIBILITIES
- Manage the Non-Financial Risk Assessments and Reporting team, and continually develop and enhance the Operating Model
- Responsible for embedding operational risk management framework activities across CEMEA
- Responsible for performance and alignment of operational risk assessments, regulatory risk assessments, 1LoD control testing activities, including the relevant reporting of risk assessments and control testing
- Work collaboratively with all lines of defence, including Group Risk Management, and Group Compliance, additionally, with other support functions and Business Heads, both within CEMEA and the wider bank
- Responsible for the planning and execution of operational risk activities to reduce operational risks
- Evaluate and escalate operational risk issues to local management or any operational risk committees
- Perform risk assessments to ascertain key risks, processes and controls for CEMEA, including regulatory risk assessments (e.g., financial crime risk assessments)
- Responsible for the Non-Financial Risk reporting requirements into local governance fora and Head Office
- Enhance operational risk reporting by collecting or evaluating data, key risk indicators, root causes of incidents/events and remediation actions
- Develop technical solutions to support/improve the effectiveness and efficiency across the function
- Provide support to staff on operational risk management to ensure proper adherence to the risk framework and work with risk owners to take accountability
- Responsible for oversight of incident management including follow up of incidents or loss event to ensure no systematic issues and embedding of risk ownership of all incident owners
- Support internal and external reviews (e.g., Group and external audit, Regulators, and Group Compliance), including registering, tracking and mitigation of issues and control gaps
- Coordination of training and education plan on Operational Risk across the business
EXPERIENCE REQUIRED
- 1st Line operational risk experience in banking industry
- Good understanding of processes, including mapping, interconnectivity, evaluating criticality
- Good knowledge of risk management framework and tools
Our client is a leading international Bank based in the City. They are looking for a 1st Line Operational Risk Manager.
THE RESPONSIBILITIES
- Manage the Non-Financial Risk Assessments and Reporting team, and continually develop and enhance the Operating Model
- Responsible for embedding operational risk management framework activities across CEMEA
- Responsible for performance and alignment of operational risk assessments, regulatory risk assessments, 1LoD control testing activities, including the relevant reporting of risk assessments and control testing
- Work collaboratively with all lines of defence, including Group Risk Management, and Group Compliance, additionally, with other support functions and Business Heads, both within CEMEA and the wider bank
- Responsible for the planning and execution of operational risk activities to reduce operational risks
- Evaluate and escalate operational risk issues to local management or any operational risk committees
- Perform risk assessments to ascertain key risks, processes and controls for CEMEA, including regulatory risk assessments (e.g., financial crime risk assessments)
- Responsible for the Non-Financial Risk reporting requirements into local governance fora and Head Office
- Enhance operational risk reporting by collecting or evaluating data, key risk indicators, root causes of incidents/events and remediation actions
- Develop technical solutions to support/improve the effectiveness and efficiency across the function
- Provide support to staff on operational risk management to ensure proper adherence to the risk framework and work with risk owners to take accountability
- Responsible for oversight of incident management including follow up of incidents or loss event to ensure no systematic issues and embedding of risk ownership of all incident owners
- Support internal and external reviews (e.g., Group and external audit, Regulators, and Group Compliance), including registering, tracking and mitigation of issues and control gaps
- Coordination of training and education plan on Operational Risk across the business
EXPERIENCE REQUIRED
- 1st Line operational risk experience in banking industry
- Good understanding of processes, including mapping, interconnectivity, evaluating criticality
- Good knowledge of risk management framework and tools
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