Risk & Controls Officer

Arbuthnot Latham; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

An established industry player is seeking a dedicated professional to join their Operations team. This role involves monitoring banking operations, conducting data analysis, and ensuring compliance with internal policies. You will work closely with various teams to enhance client service and operational efficiency. With a commitment to inclusivity and equal opportunities, this organization offers a supportive environment where your contributions can make a significant impact. If you're passionate about banking and eager to drive improvements in a collaborative setting, this opportunity is perfect for you.

Benefits

Competitive salary

Pension plan

BUPA Health cover

4x Life Assurance

Discretionary bonus

Market leading maternity/paternity policies

Menopause policies

Qualifications

• Experience in banking operations and data analysis.
• Proficient in Microsoft Office and Excel for reporting.

Responsibilities

• Monitor operational bank accounts and investigate discrepancies.
• Assist in project delivery and support regulatory reporting.

Skills

General banking experience

Data analysis

Microsoft Office

Effective communication

Teamwork

Tools

Excel

Outlook

Job description

Arbuthnot Latham is an independent Bank offering comprehensive Private and Commercial Banking, Wealth Management and Investment Management services. Serving its customers since 1833, Arbuthnot has successfully navigated many turbulent periods of economic instability and has a long track record of profitability. Today it has offices in London, Exeter, Manchester and Bristol where it manages the financial affairs of c.3,500 HNW individuals and 100 corporates. Arbuthnot Latham prides itself on the quality of its service and has built its reputation on understanding the needs of its clients.

Job Purpose

The role will encompass a range of responsibilities, including assisting the Team Leader, Controls team in the daily monitoring of Operational bank accounts, investigating entries, and tracking progress until the entries are cleared.

Additionally, it will involve tasks such as data analysis, collaborating on management information (MI), and processing data to support the broader business.

To place the interests of customers at the centre of all activities, act in a way that is consistent with achieving good outcomes for consumers and to comply with the FCA and PRA's Conduct Rules.

Key Responsibilities:

• Investigate daily the breaks across the Banking Operations reconciliations and update relevant worksheet, in line with the Banking Reconciliation Framework.
• Identifying the team which will resolve the breaks and send instruction/query to investigate and clear relevant items, escalating any items not cleared within SLAs to the Senior Risk & Controls Officer or Team Leader, Controls Team.
• Complete First Line of Defence (FLOD) testing for agreed suite of tests in line with the FLOD testing schedule.
• Carry out all work in line with agreed procedures ensuring all documentation is kept up to date.
• Ensure SLAs are met with a view to exceeding them.
• Assist in project delivery for COO teams and broader business by conducting analysis or data processing within agreed timescales.
• Assist with the annual review of Operational process/procedure documentation.
• Assist with the investigation required for error and complaints.
• Generate and deliver continuous improvement to processes to provide an enhanced client service and / or increased efficiency.
• Support the production of regulatory reports.

Risk:

• Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.

Key Interfaces:

• Work closely with Ops Resilience, Service Strategy & Optimisation, Banking Operations, Client Support Teams, IM Operations, Credit Operations, and IT.

Person Specification

Knowledge/Experience/Skills:

• General banking or relevant business experience.
• Competent use of Outlook, Microsoft Office & Excel.
• Effective written and verbal skills.
• Ability to work in a team.
• Able to maintain a high level of confidentiality, diplomacy, and discretion.

Qualifications:

• Team Working
• Client Focus
• Working Proactively
• Problem Solving and Judgement
• Communication & Confidence

About Us

Life, Work and Benefits

Arbuthnot Latham is committed to equal-opportunities for all staff and candidates. We embrace inclusion & diversity and understand why they are critical for the success of our business and people.

• Competitive salary, pension & holiday allowance
• BUPA Health cover
• 4x Life Assurance
• Discretionary bonus
• Market leading maternity/paternity and menopause policies

Data Privacy and Reasonable adjustments

We take keeping your data security seriously. For more detail on how we may keep your data please refer to our Privacy Notice

Reasonable adjustments : Please let us know of any adjustments or arrangements that you may need to help you apply to this role or that will help you during the recruitment process. If you wish to discuss any particular requirements or concerns you have because of a disability or medical condition please contact us at [e-mail]. Information you provide about any disability or medical condition will remain confidential unless it is necessary to disclose it to other members of staff or outside agencies to ensure the health and safety of yourself and others, or to implement the adjustments you require. In these circumstances we will first discuss with you how and to whom the information may be disclosed.