Description
Job Title: Senior Operational Risk Manager
Job Type: 3 months contract with possible extension
Job Location: London (Fully remote)
The purpose of this role is to support the maintenance and delivery of operational risk frameworks, processes and reporting (as an integrated component of the Enterprise Risk Management Framework).
The role holder will also need to act as the point of contact for their aligned business areas to provide relevant advice and independent challenge around their risk and control environment. This role reports directly into the Head of Risk UK & Ireland, but you will also play a role in with the wider Global Risk Management (GRM) team.
Essential Duties and Responsibilities
- Undertake operational risk business partnering arrangements, cultivating effective relationships and networks ensuring rapid escalation of concerns/issues across the business.
- Support the development and delivery of the operational risk framework and policies in line with regulatory requirements and industry good practice.
- Support the operational risk register and RCSA processes, ensuring accurate, complete, timely and meaningful reporting to the relevant risk management committees.
- Execution of targeted operational risk assurance control reviews/testing, provide assurance over our innovative projects and reporting in accordance with broader integrated assurance plans.
- Support operational risk issue management, event management and risk acceptance processes, together with associated aggregation and reporting activities.
- Support the internal operational risk loss reporting process, ensuring that actual losses and other loss information (eg opportunity costs) is reported accurately and timely.
- Provide technical assistance to the business in relation to the enterprise wide risk system and support the implementation of associated system processes/initiatives.
- Delivering enterprise and operational risk training and awareness material to key stakeholders.
- To support the Senior Risk Team in delivering broader Risk function objectives and activities.
- To maintain full awareness of and conformance to the Risk Management Framework as well as the Information Security and GDPR frameworks.
Qualifications:
Educated to degree level in a relevant subject, or hold an equivalent professional qualification
Experience:
- 3+ years' experience of operational risk in a second line of defence capacity
- Experience of working within financial services or Fintech (mandatory)
- Experience of changing and building and/or operating industry good practice Risk Management Frameworks
- Ability to interface with senior stakeholders effectively to establish relationships and become a trusted advisor.
- Ability to produce Board and Executive level risk reports
- An ability to apply technical knowledge in a practical and balanced manner
- Independently minded and able to challenge constructively and professionally
GCS Computer Recruitment Services is acting as an Employment Business in relation to this vacancy.