Operational Risk Manager – Commercial Banking

  • £MarketRate
  • London, England, United Kingdom
  • Permanent, Full time
  • Saxton Leigh
  • 11 Oct 18

Our client provides banking services to a range of commercial and private banking customers across Europe via a number of branches. They are currently looking to hire an individual to establish the operational risk function.



  • Responsible for the maintenance, review and revision of the Operational Risk Management Policy and Framework in the Bank;
  • Creation of new policies within the Operations Risk area;
  • Defining Operations Risk Monitoring methodologies;
  • Implementing a system for measuring / monitoring Operations Risk. This will involve assessing available packages or initiating development of a bespoke system with the vendors;
  • Owning the Operational Risk (OR) processes and responsible for ensuring compliance with any regulatory OR requirements;
  • Perform OR testing/ risk assessments on a regular basis;
  • Develop and update Operational Key Risk Indicators (KRI) and MI for all key risks in the business and creation and reporting of KRI dashboards including escalation triggers, to relevant Committees;




  • Operational Risk Management experience, including establishing the framework
  • Working knowledge of ICAAP, ILAAP and Recovery and Resolution Plan
  • Good working knowledge of FATCA, CRS and GDPR.