Operational Risk/Policy Analyst recruitment


A leading Investment Bank has opened up a new and exciting role as a senior Operational Risk/Policy Analyst. You will reinforce key risk oversight activities, activity in Operational Risk Division needs expert assessment and advice in order to accelerate the review of policies, procedures and guidance and their implementation, to ensure all operational risks, especially those with major potential consequences, are well managed and in line with good and compliant practice. You will need solid communication skills, good interpersonal skills and to be an exceptional team player.

Role/Responsibilities

- In order to reinforce key risk oversight activities, activity in Operational Risk/Risk Division needs expert assessment and advice in order to accelerate the review of policies, procedures and guidance and their implementation, to ensure all operational risks, especially those with major potential consequences, are well managed and in line with good and compliant practice.

- Completeness in its coverage of risks and how they are to be managed

- Providing a clear governance structure, including clear organisation, authorities and accountabilities

- Ensuring that special situations that can give rise to major exposures of cost, non-compliance and loss of reputation are properly covered by procedure

- Linkage with other areas of risk management such as New Product risk

- Expert in regulatory requirements affecting Operational Risk Management

- Expert in Board and Group policy requirements

- Maintain a productive working relation with Operational Risk Unit

- Identify gaps in requirements and provide changes to meet all requirements.

- Expectations of the FSA for procedures for such distinctive circumstances.

Skills

- Good experience in banking, risk management, compliance or internal audit

- Business or Quantitative disciplines would be an advantage

- Strong experience in banking, risk management, internal audit

- Expert knowledge of regulation

- Experience in relating a firm's experience of risk and losses to policy effectiveness

- Ability to interact with a variety of stakeholders from Retail, Wholesale, Corporate banking etc as well as specialist functions such as Finance, Marketing IT etc

- Ability to understand the impact of potential future risk events across the bank

- Good knowledge and experience of modelling for capital adequacy, the effects of risk events on the balance sheet etc

To apply for this Operational Risk/Policy Analyst position you must have the experience as outlined above and be a hands-on, organised self starter with strong interpersonal skills and tenacity. You should also posses excellent oral written communication skills along with a thorough approach to analysis.