Operational Risk Officer

  • £60,000
  • London, England, United Kingdom
  • Permanent, Full time
  • Saxton Leigh
  • 18 Oct 17 2017-10-18

To suppor the Operational Risk Manager in their duties and deputise in their absence.

  • Research, prepare and document Risk and Control Self Assessments (RCSAs) for all areas within the Bank.
  • Undertake and document Control Assurance Testing (CAT) linked to completed RCSAs.
  • Monitor progress towards the addressing of OR Observations linked to RCSAs and CAT.
  • Co-ordinate, monitor and report on a framework of Key Risk Indicators (KRIs) for the Bank.
  • Monitor a diary system for the scheduling of RCSAs and CAT and liaise with areas of the business to ensure their timely completion.
  • Monitor the completion of Internal and External Audit Observations and liaise with Auditors when required.
  • Investigate Risk Events and prepare reports for Senior Management.
  • Act as Secretarial function for the Bank’s Risk Management Committee and undertake regular monitoring of actions arising from the meetings.
  • Deputise in the absence of the ORM.