Operational Risk Manager

Allica Bank; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading fintech firm in Greater London is looking for an Operational Risk Manager to support its Operational Risk function. The role involves maintaining the Operational Risk Framework and collaborating with senior leaders on risk analysis and reporting. Ideal candidates will have strong operational risk knowledge and experience in RCSAs, controls testing, and risk management. This position promotes flexible working and offers a culture aligned with diverse backgrounds and experiences.

Benefits

Full onboarding support

Options for flexible working

Regular social activities

Pension contributions

Discretionary bonus scheme

Private health cover

Life assurance

Enhanced Maternity & Paternity leave

Qualifications

• Strong Operational Risk knowledge and experience including RCSAs.
• Focused upon delivering results and meeting deadlines.
• Good clear communicator.
• Ability to provide necessary challenge in a constructive manner.
• Strong team player.

Responsibilities

• Provide hands-on Operational Risk support across the bank.
• Conduct Operational Risk assurance including Controls Testing.
• Support the wider Compliance team in embedding the Three Lines of Defence.
• Monitor and report on the Bank's overall risk profile.
• Promote a risk-focused culture across the bank.

Skills

Computer Science

Operational Risk Management

Six Sigma

Risk Management

Continuous Improvement

Process Improvement

Alteryx

Project Management Lifecycle

Job description

About Allica Bank

Allica is the UKs fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs one of the last major underserved opportunities in Fintech.

Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.

Role Description

In this role you will play a key part in supporting the banks Operational Risk function helping to maintain the Operational Risk Framework (ORF) related policies and procedures as well as ensuring the effective operation of the banks GRC system and processes.

You will work closely with the Senior Operational Risk Manager to deliver the Operational Risk Assurance plan including control testing assurance reviews deep-dive assessments and scenario analysis feeding into ICAAP and ILAAP. A core aspect of the role will involve partnering with the First Line of Defence on the Risk and Control Self-Assessment (RCSA) process including annual refreshes while maintaining the Risk Register to ensure risks are accurately recorded monitored and action plans remain on track.

You will also contribute to operational risk reporting by providing both quantitative and qualitative input support the development and monitoring of the banks Risk Appetite Statement and Risk Management Framework and assist senior risk leaders including the Chief Compliance Officer and Chief Risk Officer in analysing the banks overall risk profile producing monthly reports and monitoring Key Risk Indicators.

Principal Accountabilities

Provide hands-on Operational Risk support across the bank from a Second Line perspective.

Operational Risk assurance including Controls Testing - provision of assurance reporting and identification capability to provide a full picture of the banks Operational Risks and related controls.

Working with the First Line and supporting the wider Compliance team colleagues to help embed the Three Lines of Defence providing advice and guidance as necessary.

Provide support in monitoring identifying and reporting of the Banks overall risk profile.

Promote a risk-focused culture across the bank and embodying the banks values.

Personal Attributes & Experience

Strong Operational Risk knowledge and experience including RCSAs Controls and Risk Libraries Risk Event reporting Risk Registers.

Focused upon delivering results and meeting deadlines.

Good clear communicator.

Ability to provide necessary challenge in a constructive manner.

Strong team player.

Working at Allica Bank

At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.

Our employees are at the heart of everything we do so our benefits are designed with you in mind :

• Full onboarding support and continued development opportunities
• Options for flexible working
• Regular social activities
• Pension contributions
• Discretionary bonus scheme
• Private health cover
• Life assurance
• Family friendly policies including enhanced Maternity & Paternity leave

Dont tick every box

Dont worry if you dont have all the skills or requirements listed on the job description. If you think youll be a good fit wed still love to hear from you!

Flexible working

We know the 9-to-5 isnt right for everyone. Thats why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and if we can we will do our best to accommodate.

Diversity

Were a diverse bunch here at Allica with all kinds of experiences backgrounds and lifestyles. Our openness and differences make us stronger and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.

Key Skills

Computer Science,Operational Risk Management,Risk Management,Six Sigma,Continuous Improvement,Lean,Process Improvement,Pricing,Customer Support,Alteryx,Kaizen,Project Management Lifecycle

Employment Type : Full-Time

Department / Functional Area : Compliance

Experience : years

Vacancy : 1

Required Experience : Manager