Operational Risk Manager Operational Risk Manager …

Vennbridge
in London, United Kingdom
Permanent, Full time
Last application, 28 Nov 21
£55,000 - £60,000
Vennbridge
in London, United Kingdom
Permanent, Full time
Last application, 28 Nov 21
£55,000 - £60,000
Posted by:
Louis Altman • https://www.linkedin.com/in/louisaltman/
Posted by:
Louis Altman
https://www.linkedin.com/in/louisaltman/
Broad remit, with significant senior stakeholder management

Operational Risk - Electronic Trading/Market Making - London, UK

Role

Broad remit, with the incoming Operational Risk Analyst having the opportunity to significantly contribute to existing initiatives as well as to upcoming projects.

Responsibilities

  • RCSAs: to support and challenge the business in documenting and reporting their risks and controls via the Company's Risk & Control Self Assessments (RCSAs).
  • Supporting the Senior Operational Risk Analyst in delivering the Operational Risk Framework.
  • Developing the business control environment.
  • Overseeing the key risk indicators and operational loss events to generate useful MI for the business.
  • Reviewing loss events for operational weakness via root cause analysis and make recommendations to reduce or mitigate risks identified.
  • Undertaking independent risk assurance reviews, testing that the business has a robust control framework in place and is adhering to relevant policies and procedures
  • Assisting the Senior Operational Risk Analyst in the co-ordination of the company's annual plan for Pillar II operational risk capital calculation, including scenario definition, business challenge, capital modelling and reporting in line with the Group's annual plan.
  • Producing operational risk management information for senior management.
  • Coordinating the firm's Recovery & Resolution Plans as required under the Group’s ICAAP requirements
  • Maintaining, and updating, the company's risk appetite statements so that they comply with the latest regulatory changes.
  • Engaging in, and assisting in, key risk projects, such as the Investment Prudential Regime, Operational Resilience & Financial Climate Risk
  • Proposing enhancements and improvements to the metrics for the reporting of operational risk Management Information.
  • Maintaining and reviewing Operational Risk policies & procedures.
  • Responding to ad-hoc queries from internal and external stakeholders.
  • Developing strong positive working relationships with all departments.
  • Providing support to the Risk team, in respect of team-wide responsibilities.
  • Building and maintaining a strong culture of compliance, risk management, integrity, client focus and other such matters.

Required Experience 

  • Strong academic background.
  • At least three years' experience in an Operational Risk.
  • Experience developing, and implementing, controls to mitigate the risks associated with a significant retail customer base.
  • Existing experience developing and implementing controls to mitigate technology/cyber risks (desired but not essential)
  • Good communicator who is comfortable working with internal stakeholders of all levels. 
  • Proactive mindset, with ability to challenge existing processes and put ideas forward.
  • Highly analytical with strong attention to detail.

Vennbridge is an employment agency in relation to this vacancy. For further information, please see https://www.linkedin.com/in/louisaltman/ and www.vennbridge.com.

 

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