Operational Risk Manager recruitment
They are looking to hire an operational risk professional to join their London office and work as part of a small team with a diverse set of operational risk responsibilities.
Responsibilities include:
- Promoting an appropriate culture of awareness of and attention to operational risk throughout the bank.
- Building strong relationships with relevant business areas to be aware of business developments and their impact on the operational risk profile.
- Facilitating Risk and Control Self Assessments by Risk Owners. This will include running risk assessment workshops with various business areas and support functions, and consolidating the results into operational risk maps.
- Defining and interpreting Key Risk Indicators. This will include working with relevant risk owners to ensure appropriate action is taken for remediating any red threshold breaches
- Collecting and analysing operational incidents to ensure that relevant lessons are learnt; agreed action plans monitoring and escalating the issues to the management attention when necessary;
- Proactively seeking out ways to improve the operational risk framework
- Oversee the evolution of the International OR framework in line with the implementation of AMA
- Contribute to the evolution of the op risk capital approach, currently in line with the ICAAP methodology. Develop stress scenarios and other assessments to support the methodology. Assisting with the development of economic capital models and ensure a fit for purpose AMA Framework, incorporating risk transfer / mitigation techniques.
Skills required:
- Experience with an Operational risk framework within an investment banking / markets business either through working within operational risk or an internal audit function.
- Investment Banking experience and product knowledge are referred
- The technical knowledge and skill to perform the role on an ongoing basis within the changing environment of the Bank.
- Experience with ICAAP and an AMA approach
- Accuracy, thoroughness, attention to detail and skilled at managing processes, routine and administratively intensive tasks
May 12, 2012
• Tags: Capital Markets careers in the UK, Operational Risk Manager recruitment • Posted in: Financial