Full job description We are looking for an Operational Risk Manager to join our Operational Risk team within the second line of defence of a leading banking group. This role will support independent oversight and challenge of operational risks associated with Private and corporate banking products along with payment services , helping ensure risks are understood, well controlled, and managed within approved risk appetite. The role provides a great opportunity to get involved in a different products and initiatives in Private Bank and engage with stakeholders across all levels in the organization.
The role:
The role is responsible for oversight of the implementation of the Operational Risk Framework which includes
• Facilitation of risk assessments with business units and support functions, including full end to end transaction lifecycle reviews.
• Timely capture and review of operational risk events, with appropriate escalation and root cause trend analysis.
• Manage the scenario analysis process which feeds into the Bank’s ICAAP.
• Assist in the planning and execution of thematic reviews based on external or internal events.
• Training – promote operational risk awareness and conduct training where required.
• Compile risk governance forums reports to highlight key risks and events.
• Participation in Operational Risk forums and working groups.
• Review and participate in the approval forums for new products, businesses and projects.
• Review third party services monitoring & oversight and exit strategies.
Key skills required
*Thorough understanding of risks and controls within a financial services company. Ability to advise on appropriate controls and risk mitigation.
*Knowledge of Regulatory risks and Risk management in Financial Institutions
*Detailed knowledge of operational risk management methodologies and principles
*Data analytics capabilities