PERM - RMD - Operational Risk Manager - AVP

SMBC Bank International plc; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading international bank in Greater London is seeking an Operational Risk Manager to support the Head of Operational Risk and Resilience. The successful candidate will lead the processing of Operational Risk Events and Risk Issues, ensuring thorough challenge and reporting. The ideal candidate will have 3-5 years of experience in operational risk management or a related field, and be proficient in Excel, PowerPoint, and Word. This role offers competitive benefits, including hybrid working arrangements and opportunities for career progression.

Benefits

Hybrid and flexible working

Competitive paid leave days

Private medical insurance

Behavioral health network support

Learning and development opportunities

Qualifications

• Minimum of 3-5 years of experience in operational risk management or a similar role.
• Experience with reporting and data analysis.
• Proficient in the use of Microsoft office applications.

Responsibilities

• Support the Head of Operational Risk in governance and management.
• Lead the processing of Operational Risk Events and Risk Issues.
• Produce operational risk reporting for various committees.

Skills

Operational Risk Management

Attention to Detail

Team Collaboration

Analytical Skills

Education

Bachelor's degree in Finance, Business, or a related field

Tools

Excel

PowerPoint

Word

Job description

SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award‑winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets.

Role Summary

• To support the Head of Operational Risk and Resilience in the BAU governance and management of the Operational Risk Management Framework.
• To execute Operational Risk and Operational Resilience related processes, which includes
  • (i) Leading the end‑to‑end processing of Operational Risk Events
  • (ii) Performing review and challenge of Operational Risk Events
  • (iii) Leading the end‑to‑end processing of Risk Issues, Actions and Risk Acceptances
  • (iv) Performing review and challenge of Risk Issues, Actions and Risk Acceptances
  • (v) Production of Operational Risk reporting for the Operational Risk and Resilience Committee (monthly), ExCo (monthly) and Board Risk Committee (quarterly)
  • (vi) Coordinate the Key Risk Indicator process
• Participate in any initiatives to enhance the BAU operation and future state of the framework.
• To deputise for the Head of Operational Risk and Resilience in relevant forums, working groups and committees as required.

Position Description

This role requires a hands‑on approach to the review and challenge of first‑line outputs as well as production of reporting and execution of BAU processes, in a timely and robust manner. These deliverables concern SMBC‑BI, CM Ltd and EMEA‑wide Entities and Branches. The incumbent will be proficient at various applications such as Excel, PowerPoint and Word to create information such as tables, graphs and other information in a presentable and streamlined manner.

Operational Risk Events, Risk Issues, Actions and Risk Acceptances

Lead the end‑to‑end processing of Operational Risk Events (submitted by the first line), as well as perform a review and challenge role. This requires a robust review of Operational Risk Events, to ensure they are well‑written and contain all relevant information, as well as challenge the proposed mitigations to ensure they are appropriate.

Lead the end‑to‑end processing of Risk Issues, Actions and Risk Acceptances (submitted by the first line), as well as perform a review and challenge role. This requires a robust review of these items, to ensure they are well‑written and contain all relevant information, as well as challenge the appropriateness of proposed Action closures.

Operational Risk Reporting

Monthly production of operational risk reporting for the Operational Risk and Resilience Committee. This reporting includes, for example, (i) Risk Appetite, (ii) Operational Risk Events, (iii) Risk Issues, (iv) Key Risk Indicators etc.

Key Risk Indicators

Lead the end‑to‑end processing of Key Risk Indicators, as well as perform a review and challenge role. This requires a robust review of Key Risk Indicators, to ensure the mitigations for Red and Amber status KRIs are well‑written and are appropriate to mitigate the relevant risk.

Other

Support in ensuring a better risk awareness across the company, to help improve decision making and help the company better manage downside risk and take well informed upside risk.

Apply a continuous improvement approach to the risk management framework.

Competencies

• Customer Focus
• Driving Change
• Driving Results
• Embraces Diversity
• Enterprise Leadership
• Judgement and Decision Making
• Risk Management
• Strategic and Visionary
• Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well‑being and work‑life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under‑represented in financial services. We value the uniqueness of professional and personal backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We'll ensure reasonable adjustments to our recruitment process are offered due to a disability or long‑term condition whenever requested.

About SMBC

A trusted partner for the long term United by a sense of purpose towards our customers - to be a trusted partner for the long‑term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.

Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers

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