VP- Operational Risk Manager - Michael Page

ZipRecruiter; London; On-site; GBP 90,000 - 100,000; Full time

Job summary

A leading banking group in the UK is seeking a VP- Operational Risk Manager to enhance the Operational Risk Management Framework. This critical role involves supporting risk oversight, preparing committee papers, and ensuring adherence to regulatory standards, all while working closely with various departments within the bank.

Benefits

Bonus and benefits package

Qualifications

• Professional or industry qualification such as IOR, IRM or equivalent.
• In-depth knowledge of UK financial services and regulatory framework.
• Several years of risk management experience at a senior level.

Responsibilities

• Support the Head of Operational Risk in overseeing Operational Risk across the Bank.
• Enhancing and standardising 2LoD owned policies and procedures.
• Preparing risk committee and board papers, managing audit and control weaknesses.

Skills

Risk Management

Regulatory Knowledge

Operational Risk

Financial Crime

Payments

Education

IOR, IRM or equivalent qualification

Job description

Job Description

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

London based

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

Job Offer

VP level salary 90,000-100,000

Bonus and benefits package offering.