Operational Risk Control – Milton Keynes recruitment
Responsibilities include:
Identify and propose the key characteristics of policies and procedures operational risk policy and strategy of the bank
Advice on compliance of policies and procedures with the stated requirements of the Board, Group and Regulator
Identify gaps in requirements and provide changes to meet all requirements
Using knowledge of best practice and Board requirements, provide expert advice on improvements in policies and provide drafting
Secure contributions from units potentially affected by the risks and the new procedures, including IT for changes in supporting systems
Ensure training and briefings reflect changes in policies, procedures and guidelines
Ensure issues around changes in policies are assessed for practicality
Monitor the bank's exposure against operational risk appetite and limits
Secure approvals for changes in policy and procedure.
Support liaison with the FSA and Group
The successful candidate should have:
Good experience of sound practice in operational risk management frameworks gained in a bank or a regulator
A proven track record of success in banking, risk management, compliance or internal audit
Broad industry knowledge covering all aspects of the banking industry including the ability to foresee the effects of risk events and future economic, political, societal and technological environments
The ability to review and appraise process activities, assessing the quality of any cascade of policies to procedures, and the quality of implementation
Broad knowledge and experience of analytical methods and practical experience of implementing such methods
Presentation and facilitation skills
Knowledge of some of the activities of specialist functions such as Finance, Risk, IT and marketing etc. to source specialist contributions and information
Degree or equivalent: business or quantitative disciplines would be an advantage