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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