Policy Analyst recruitment
Join Santander and you'll become a vital part of a business built on the outstanding service provided to our customers, as well as the award-winning products we offer. We're one of the fastest growing banks in the UK and that is down to our people. And we recognise that as we help you develop your career you'll be doing the same for our business.
We are currently looking to recruit a Policy Analyst to join team Operational Risk Management team.
Your role will be to help reinforce key risk oversight activities, by assessing and advising on activity in Operational Risk/Risk Division. You will 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.
Santander UK
The Santander Group has more than 150 years' experience in global banking and more branches worldwide than any other international bank. We are well on the way to repeating this success in the UK, having been named 'Best UK Bank' by Euromoney for the third year running and 'Best UK Bank' by The Banker for the second successive year in 2010.
As a Policy Analyst your skills and qualifications will ideally include:
- Good experience of sound practice in operational risk management frameworks gained in a bank or the FSA
- Proven track record of success in banking, risk management, compliance or internal audit
Broad industry knowledge covering all aspects of the banking industry including - that ability to foresee the effects of risk events and future economic, political, societal and technological environments
- 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
- 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.
- Good knowledge and experience of modelling for capital adequacy, the effects of risk events on the balance sheet etc.
- 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
As a Policy Analyst you will:
- 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
Salary: £55,000 - £60,000 + £6,000 car allowance
Location: Milton Keynes
Santander welcomes applications from all sections of the community.
