Risk Officer

Wintermann Search & Selection
London
GBP 80,000 - 100,000
Job description

My client, a European bank is look to hire a Risk Officer.

Job Purpose

Reporting to the Chief Risk Officer the role coves the following arears.

Providing reports/MI to Executive Risk Committee (MRC) in accordance with Risk Appetite Statement.

Overseeing risk management activities.

Build out ORM tool - OpsRisk Manager.

Embedding of Risk Management practices such as RCSAs within business divisions.

Implementation of Operational risk policy, IT and cyber risk policy, liquidity policy and procedures providing support and oversight of business divisions.

Supporting CRO and 2nd line activities.

Ensuring conduct risks around risk management practices are properly monitored, managed and timely escalated.

Keeping up to date with all relevant regulatory guidance and requirements in relation to risk management for Banks.

Accountabilities

  • Responsible for monitoring, problem escalation in relation to enterprise risk management.
  • Oversee completion and internal reporting of stress testing.
  • Prepare ERC and BRC Key Risk Indicator reporting packs.
  • Ensure that Board policies, regulatory body regulations and legal requirements are adhered to in risk matters keeping up to date with relevant changes in legislation.
  • Maintain and update the Risk Department procedures.
  • Maintain internal models.
  • Manage the Bank s Risk Register/BRA approach working with Business divisions and in conjunction with and oversight of the CRO.
  • Report any irregularity or breach of any policy or requirement, internal or external, to ECC, or the CRO or the CEO as appropriate

Experience/Skills/Knowledge

  • Several years relevant experience either from a banking, advisory or accountancy background.
  • Relevant qualifications such as accounting, engineering, finance or economics, IT, mathematics or statistics, Masters or professional qualification (ACA, FRM) preferred.
  • Excellent analytical skills
  • Sound knowledge of Microsoft tools
  • Good knowledge around IT and IT risks
  • Ability to understand the risk management cycle, including the areas of policy and governance, risk appetite, financial services compliance, operational risk management, credit risk and remediation management.
  • Ability to keep up-to-date with current and future regulatory changes that affect the firm s business, and informing relevant teams of the same.
  • Acts with integrity, due skill, care and diligence in carrying out the role and responsibilities.
  • Strong written and verbal communications skills

KEY COMPETENCIES

Treating Customers Fairly (TCF)

All staff must be aware and understand the FCA s requirements regarding Treating Customers Fairly (TCF) incorporated in the Bank s Policy and remain committed to ensuring the 6 outcomes are achieved.

Fraud Prevention

All management and staff must be alert to the possibility of fraud, ensuring that no action is undertaken on behalf of the Bank or a customer without a clear understanding of the purpose and background to the transaction

Attention to Detail

Ensures that information is correctly processed and that work complies with relevant internal/external rules, procedures and regulatory requirements.

Team Working

Works co-operatively with others; openly exchanging information where appropriate and supporting colleagues to achieve department goals.

Planning and Control

Achieves department goals by establishing priorities and managing time efficiently.

Bringing innovation to problem solving

Continuously improves the business by generating new and practical ways of doing things in order to solve problems and gain competitive advantage.

Adapting to change and uncertainty

Improves personal effectiveness in response to changes at work by identifying new learning and self-development opportunities that arise from the change and working towards them.

Training and Competence

Keep up to date with relevant developments in corporate governance, the Banks credit policies, credit models and Anti- Money Laundering and Countering Terrorist Financing matters by taking annual tests as required.

Self-Motivation

Carry out every task set to the best of your ability, looking for ways to improve performance and standards, setting personal goals at or beyond business expectations.

Performance Measures

Timely submission of risk reporting

Introduction and embedding of operational policies and practices

Timely completion of departmental work

Adherence to procedures and regulations

Contribution to the Bank s objectives

Effective risk management and escalation

Other Responsibilities

Carry out any other duty as required by the CRO and other Board members, including, but not limited to:

Financial Crime

Ensures that every process and control in the role and duties have been considered from a financial crime prospective as part of the day to day responsibilities.

Individual conduct rules and accountability (Code of Conduct (COCON

Maintain awareness of the individual conduct rules and comply with them when performing the role.

Our client is an equal opportunity employer and ensures that no applicant is subject to less favourable treatment on the grounds of gender, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, responsibilities for dependants, physical or mental disability. Candidates are selected for interview based on their skills, qualifications and experience.

Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

For further information, please contact:

Enrico Castagnetti, Wintermann Search & Selection Limited

Mobile: (0)(phone number removed)

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