Risk and Regulation – Operational Risk

Qualifications and Experience

• Degree and / or relevant professional qualification and/or significant relevant consulting, risk management or business expertise.
• Operational risk management experience within a Financial Services environment
• Good knowledge of the financial services industry, related risk management regulation and practices
• Additional technical competencies other required skills are set out below

Competencies

Industry:

Financial Services experience, either as part of a Financial Services Institution, in an advisory or business consulting capacity to similar organisations or in the regulation of such institutions, particularly in the following areas:

• General and life Insurance
• Retail Banking
• Wholesale/Investment Banking
• Investment/Asset Management

Technical:

Successful applicant will have a strong technical knowledge in the following areas:

Operational Risk

• Evaluation, development and implementation of operational risk strategies including  development of business policies and procedures
• Detailed understanding of quantitative and qualitative risk assessment methodologies
• Detailed understanding of regulatory and/or market good practice in the area of operational risk management
• Understanding of methodologies used for the  calculation of regulatory capital requirements
• Understanding of AMA waiver applications

Financial Services Regulation

• Deep knowledge (Subject Matter Expertise) of Financial Services Regulations e.g. Basel II, CRD, MIFID, CP190/195 and the ICAS regime for insurers, Solvency II
• Ability to provide considered views and impact assessment of current/emerging regulations on operations of Financial Services institutions
• Ability to provide examples of how industry is implementing relevant regulatory requirements and an awareness of the key challenges organisations face
• Ability to apply technical aspects of financial services regulation to practical business scenarios
• Ability to provide pragmatic advice concerning the practical implications of financial services regulation and how institutions should best manage these

Other Skills:

• Highly motivated, with a proven ability to work on own initiative within a challenging work environment
• Strong team player with good organisation, planning and leadership skills
• Excellent interpersonal skills, including oral/written communication influencing skills
• Strong IT skills (Microsoft applications - Word, Excel, PowerPoint, Access)
• Ability to identify sales opportunities and progress in conjunction with other team members. Proven delivery in sales negotiation and conclusion.
• Sound people management skills and experience of developing and managing a team of professional staff. Proven track record in management of multi-disciplinary teams of people.
• Proven track record of delivery

Benefits 

• Competitive Salary
• Pension Scheme
• 25 days holiday
• Flexible Benefits Options

 

November 7, 2012 • Posted in: General

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