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VP- Operational Risk Manager | London, UK | Flexible

Michael Page

London

Hybrid

GBP 90,000 - 100,000

Full time

4 days ago
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Job summary

A leading UK banking group seeks a VP- Operational Risk Manager to enhance operational risk management and provide oversight. This senior role involves extensive engagement with various stakeholders to ensure compliance and develop operational risk policies. Candidates should possess significant experience in risk management and financial services.

Qualifications

  • Several years of risk management experience at a senior level.
  • In-depth knowledge of the UK financial services and regulatory framework.
  • Exposure to Enterprise Risk Management Frameworks.

Responsibilities

  • Support the Head of Operational Risk in independent oversight of Operational Risk.
  • Enhance the Operational Risk Management Framework.
  • Provide oversight and challenge to RCSA's and risk assessments.

Skills

Risk Management
Operational Risk
Regulatory Knowledge
Financial Crime
FX and Payments Knowledge

Education

Professional qualification (IOR, IRM or equivalent)

Job description

VP- Operational Risk Manager
Michael Page London, United Kingdom Apply now Posted 6 days ago Flexible Job Permanent GBP90000 - GBP100000 per annum
VP- Operational Risk Manager
Michael Page London, United Kingdom Apply now

To provide 2LoD oversight, advice, challenge and independent assurance to the bank and its subsidiaries, whilst ensuring Operational Risk & its associated component parts are clearly defined and embedded within the business, horizon scanning and adherence to regulatory requirements.

Fast growing, UK banking group. Market leading cross border FX and payments firm seeking a VP- Operational Risk Manager .

Description

The VP- Operational Risk Manager will

  • Support the Head of Operational Risk in the independent oversight of Operational Risk across the Bank.
  • Responsibility for enhancing the Operational Risk Management Framework and its associated components (Risk & Control Self Assessments (RCSA), incidents, operational scenario analysis etc).
  • Providing robust oversight and challenge to RCSA's, risk assessments performed as part of new product / initiative development.
  • Enhancing and standardising 2LoD owned policies and procedures. Ensure these polices are understood, communicated and embedded and complied with across the Bank.
  • Engagement with 1LoD to ensure policies and procedures adhere to developed standards and guidelines.
  • Training and educating the 1LoD to embed the Operational Risk Management Policy within their respective areas.
  • Preparing risk committee and board papers, as required, including robust management of known audit and control weaknesses.

Profile

Requirements for the VP- Operational Risk Manager as follows:

  • Professional or industry qualification such as IOR, IRM or equivalent.
  • Experience of FX , Payments and Derivatives prodcuts.
  • In-depth knowledge of the UK financial services and regulatory framework
  • Several years of risk management experience at a senior level
  • Exposure to Enterprise Risk Management Frameworks and other risk types such as, financial crime, credit, liquidity, conduct etc.
  • Extensive experience and knowledge of Operational Risk
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