Risk & Control Manager

ZipRecruiter; City of Edinburgh; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Risk & Controls Manager to join their innovative Arago 2.0 Programme. This role is pivotal in enhancing data risk management and compliance within the bank, driving strategic initiatives to mitigate risks and improve data governance. You will collaborate with senior stakeholders, analyze risk metrics, and foster a proactive risk culture. This is an exciting opportunity to make a significant impact in a dynamic environment while advancing your career in risk management.

Qualifications

• Experience in applying risk and control management in operational and strategic contexts.
• Strong knowledge of data risk management and governance.

Responsibilities

• Drive assessment and implementation of the data risk framework.
• Support management in identifying and assessing material data risks.
• Coach colleagues to improve understanding of data risk culture.

Skills

Data Risk Management

Risk Governance

Data Quality Management

Stakeholder Engagement

Job description

Job Description

Join us as a Risk & Controls Manager

• Join us as part of our exciting new Arago 2.0 Programme, established to support the bank in achieving our ambition to return to green on data Risk by end of 2026.
• We’ll look to you to proactively drive the assessment and implementation of the data risk framework and DMOP policy compliance and changes, converting these into appropriate strategies and action plans.
• You will work in the BCBS239 workstream as part of Arago 2.0, delivering an improved compliance approach and improving our scores reported to the regulator.
• In this highly collaborative role, you’ll have an ideal platform for building your network and advancing your career, while helping to create a safer environment for the bank.

What you''ll do

Arago 2.0 is structured across a number of key capabilities and workstreams to mitigate data risk, such as Data Management Maturity which will establish maturity across our data quality issue management strategy, Integrated Data Management Platform that will develop a single platform that enables improved and secure data access, Data Control by Design will deliver an uplift in data architecture and data management standards integrated into a single view of our control environment, and BCBS239 will deliver an improved BCBS239 framework with clear next steps to enhance compliance.

You’ll have the responsibility of supporting management in their identification and assessment of material data risks, and in determining their position relative to agreed appetites. Working with senior stakeholders across the bank, you’ll look to drive forward the development and delivery of remedial action plans where risks are considered out of appetite.

On top of this, you’ll support a culture of proactive and pre-emptive risk management and continuous improvement, and the attainment of operational risk objectives.

You’ll also be:

• Analyzing risk reporting and metrics used to inform decision-making.
• Coaching and supporting colleagues across the bank to improve understanding and embed a proactive data risk culture.
• Educating teams on the data risk framework and wider enterprise risk management framework, policy, and regulatory reporting obligations, supporting the business in operating and embedding them.
• Supporting and engaging regularly with stakeholders including second and third lines of defence and functional risk teams.
• Ensuring internal and external stakeholder satisfaction by delivering risk and control actions in a timely manner.

The skills you''ll need

We’re looking for a highly skilled leader with experience of applying risk and control management in operational and strategic contexts.

You’ll also bring:

• Strong knowledge of data risk management.
• Experience in leading risk governance teams.
• Knowledge of BCBS239 is not essential but is advantageous.
• A track record in demonstrating active management and oversight of data risk.