Our client is an international bank providing banking services including traditional corporate transactions, investment banking and trading.
THE RESPONSIBILITIES:
Manage and develop the 1LOD operational and conduct risk teams, with direct line management responsibility for the managers of Operational Risk – Branch Operations, Operational Risk – Conduct Risk , Operational Risk – Governance, & Operational Risk & Control (UK Functions)
Manage and deliver the Operational Risk Committee together with oversight of the related working groups including Conduct Risk Forum, Operational Risk Working Group and Operational Risk Scenario Working Group
The preparation of risk management reports and key escalations from Operational Risk Committee into the Management Risk and Compliance Committee and the Board Risk and Compliance Committee
Ensure that Operational Risk Capital is adequately and appropriately assessed, monitored and reported
Oversee the design and implementation of key operational risk processes such as RCSA, KRI’s/KCI’s, Control Assurance, Incident Management, Scenario and Lessons Learnt
Develop and monitor KPI, KRI & KCIs for the department – ensuring that departmental controls are in place to monitor team deliverables
Provide support and guidance to Senior Management to identify operational risks and to ensure that appropriate assessments are made and controls are implemented to mitigate the risk
The development and maintenance of Operational Risk policies and procedures
Ensuring there is clear ownership and accountability for risks and controls within the 1LoD
Oversight of all operational risk incidents and escalate to Senior Management as appropriate
Reviewing and embedding the Conduct Risk Framework and associated processes
Work with 2LOD to support the review of Operational Risk Framework, Risk Tolerances and Taxonomy
EXPERIENCE REQUIRED:
Experience and knowledge of working in a retail bank environment
Experience of working in a risk management discipline, specifically operational risk
Preferably the individual has experience of enterprise wide risk management
Sound knowledge of the UK regulatory environment
Experience of dealing with senior management
Confident in challenging the business and supporting Senior Management as required
Experience of managing a team
For further information please contact Marcus Courtney
