VP - Operational Risk Manager (1LoD) | SCIB | S3

Santander USA; London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A leading company in corporate and investment banking is seeking a VP - Operational Risk Manager to enhance their operational risk management framework. The successful candidate will play a vital role in identifying, assessing, and mitigating operational risks while developing and leading a high-performing team. The role offers a competitive salary, a supportive work environment, and a range of customisable benefits, encouraging professional growth and inclusivity.

Benefits

Discretionary annual bonus

8% pension contribution without mandatory contribution

30 days holiday plus bank holidays

Private medical insurance

Voluntary healthcare benefits at discounted rates

Income protection insurance

Staff discounts on products

Qualifications

• Extensive experience in an Operational Risk role within an investment banking environment.
• In-depth knowledge of wholesale banking products.
• Experience in automating operational risk processes and innovating around data.

Responsibilities

• Leading the identification and assessment of operational risks across various departments.
• Overseeing the continuous monitoring of operational risks.
• Reviewing external events that identify as operational risks through data analysis.

Skills

Operational Risk Management

Communication skills

Influencing skills

Risk Assessment

Education

Degree in Finance or related field

Job description

VP - Operational Risk Manager (1LoD) | SCIB | S3

Country: United Kingdom

Interested in part-time, job-share or flexible working? We want to talk to you!

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Santander Corporate & Investment Banking (SCIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customised services and value-added wholesale products to best meet their needs.

The SCIB UK Operational Risk Team evidence the Operational Risk Management Framework and support the Branch’s identification, assessment, management and reporting of operational risk.

In this challenging role, you’ll be integral in helping shape and improve the effectiveness of Operational Risk Management within the 1st Line of Defence (1LoD). You’ll report directly to the Head of Operational Risk and evidence the embedding of the Operational Risk Framework in the 1st Line of Defence and support Operational Risk Governance.

You’ll lead the execution of the Operational Risk programmes including Risk and Control Self Assessments (RCSAs), Metrics, Operational Risk Event Management and Scenarios & Control Testing.You’ll work closely with various departments to ensure the identification, assessment, monitoring, and mitigation of operational risks.

The difference you’ll make:

• Leading the identification and assessment of operational risks across various departments and processes within the bank

• Working with functional areas to identify and develop detailed risk scenarios that outline potential risk events, their causes, and consequences

• Ensuring action drivers and mitigated actions are underway including the establishment of robust controls and procedures

• Overseeing the continuous monitoring of operational risks, ensuring accurate reporting to senior management and relevant stakeholders

• Reviewing external events which identify as operational risks through data analysis, industry research, and collaboration with other departments

• Contributing to the automation and digitalisation of operational risk management framework and associated global and local programmes

What you’ll bring:

These are the essential requirements you need to be successful in this role:

• Extensive experience in an Operational Risk role within an investment banking environment

• In-depth knowledge of wholesale banking products

• Experience in automating operational risk processes and innovating around data

• Ability to interrogate sources of operational risk data and translate into meaningful business insight

It would also be nice for you to have:

• Track record of managing and developing high performing teams

• Excellent interpersonal and communication skills

• Meticulous attention to detail

• Knowledge and understanding of Basel Operational Risk principles

What else you need to know:

This role is based at our offices in Triton Square, London located within easy walking distance from Warren Street and Euston.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 3 days a week (pro-rata for part-time roles).

If you apply for this role in this location, it’s important you consider your travelling distance, time and cost from your home to the office location. We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.

How we’ll reward you.

As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.

• Eligible for a discretionary performance-related annual bonus.

• We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.

• 30 days’ holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year.

• Company funded individual private medical insurance.

• Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, and health assessments.

• Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.

• Share in Santander’s success by saving or investing inour shareplans.

• As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services.

Learn more about our benefits and family friendly policies

What to do next:-

If this sounds like a role you’re interested in, then please apply.