Operational Assurance Job in Dublin, Dublin Ireland
Wallace Myers International Limited
About the Job
Operational Assurance Team Manager
Operational Assurance Team is reponsible for supporting the Corporate Banking first line management team in fully addressing their operational risk, continuity insurance management responsibilities through their respective senior management teams and across their dispersed operating entities
The Role:
- Providing a focal point for the first line of defence senior management team on key operational, fraud, continuity insurance risks
- Supporting the first line of defence by working with them to ensure that they discharge their responsibilities fully with respect to the key risk areas
- Working closely with the senior management team and enterprise functions to identify, assess and manage fully all operational, fraud, continuity insurance risks
- Working to ensure consistent reporting standards apply to both the assessment and incident reporting processes across Corporate Banking's first line
- Developing a credible lessons learnt process for sharing key learning points with the first line senior management teams, from either external or internal events or assessments
- Running workshops on key risk areas within the first-line operating entities to address emerging risks or governance issues
Responsibilities Accountabilities
- Ensure day to day reporting is correct and of a high standard
- Maintain and support the Enterprise-wide Operational Risk Management Policy and Framework for managing, monitoring and reporting operational risk in Corporate Banking to best in class standards working closely with the first line management teams
- Support the Segment's New Products Initiatives Approval process as it feeds into the Enterprise New Product process
- Support the Segment's BCM function
- Report to the Head of Operational Assurance on the adequacy of our systems and reporting framework for measuring and monitoring Operational Risk and that relevant corporate governance standards are being complied with
- Support the Head of Operational Assurance as required in relation to projects or ad-hoc tasks such as FR/FSA reviews budgets/planning etc
- Focus on 'Training, Awareness Education' programmes for staff at all levels of the business in relation to Operational Risk management, Continuity Fraud using Enterprise wide and segment specific material