Operational Risk Oversight & Assurance Specialist

HANDELSBANKEN PLC; Manchester; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player seeks an Operational Risk Oversight and Assurance Specialist to join their dynamic team. This role involves providing expert analysis and guidance on operational risk management, ensuring compliance with policies and regulations. The successful candidate will work in a hybrid environment, collaborating with various stakeholders to enhance risk management practices. With a strong focus on personal development and a commitment to equality and diversity, this position offers a unique opportunity to contribute to a supportive and empowering workplace culture. If you're passionate about operational risk and ready to make an impact, this role is for you.

Benefits

Private Medical Insurance

Income Protection

Life Assurance

Market-leading Pension Contribution

Qualifications

• Experience in operational risk and control management in Financial Services.
• Strong understanding of UK and International regulations.

Responsibilities

• Provide guidance on operational risk management to business functions.
• Assess effectiveness of operational risk framework through monitoring.

Skills

Operational Risk Management

Communication Skills

Stakeholder Management

Regulatory Knowledge

Control Testing

Job description

Operational Risk Oversight & Assurance Specialist

Job Introduction

The role of Operational Risk Oversight and Assurance Specialist has arisen within our Operational Risk Control team.

The Operational Risk Control Team has responsibility for the operational risk controls within Handelsbanken UK, ensuring a comprehensive and objective view of all risks in the Bank's business operations and providing independent management assurance to the UK CEO that the business is identifying and managing risks adequately.

The Operational Risk Oversight and Assurance Specialist will work within an experienced risk management team which is responsible for providing high quality analysis, advice, guidance and assurance on the management of operational risk to ensure the business complies with the relevant policies, frameworks and regulatory expectations.

This is a UK role based in either our Manchester or London head office, on a hybrid working pattern.

Main Responsibilities

• Provide advice, guidance and support on operational risk management to the 1LOD (business functions) across the Bank
• Provide independent 2LOD oversight and challenge to the operational risk management activities and risk profiles
• Assess the effectiveness of the operational risk framework in the Bank through a combination of 2LOD monitoring and oversight, independent control testing and broader assurance activities
• Develop and provide training and awareness on ORMF components, processes, tools and systems across the Bank
• Undertake deep dives/thematic reviews, control testing or assurance into operational risk areas of interest
• Analyse and interpret operational risk and control data for emerging trends and produce regular/ad-hoc reporting / risk opinion for senior management and risk governance forums on the material operational risks and control environment within the Bank
• Build and maintain relationships with key business / other relevant stakeholders (i.e. Group, SMEs) to be a trusted advisor and partner
• Operate in line with the Bank's Risk Management framework (including sub-frameworks) and relevant risk and compliance policies and procedures, ensuring appropriate and timely escalation of any concerns to their line manager

Ideal Candidate

Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying...

• Demonstrate a sound understanding of the UK and International regulations relating to operational risk
• Experience of operational risk and control management in the Financial Services Industry (1LOD, 2LOD, Audit)
• Experience in the delivery and facilitation of control testing or broader assurance experience (2LOD / 3LOD)
• Demonstrate strong communication skills; both written and verbal including the ability to translate risk matters to non-risk professionals in a clear and simple way
• A strong team player who is able to build and mange strong relationships with internal stakeholders
• Be comfortable challenging and influencing stakeholders, including senior management

Company Information

Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products.

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation.

Check our Handelsbanken website for further information

At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowere d to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.

What is in it for you?

• We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development.
• Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
• A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)

Application next steps

Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.

How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process - just let us know by email [e-mail].

This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.

• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.
• We prioritise your well-being with a comprehensive range of benefits designed to support you both personally and professionally.