Senior Operational Risk Manager
Alexander Black Recruitment is urgently looking for Operational Risk Manager to join our high profile client.
Our client is a well-known Tier 1 Bank.
The Operational risk manager will be responsible for the maintenance, review and implementation of the Operational Risk Management Policy in the Bank including Basel II for operational risk. Facilitate Risk and Control Self Assessment (RCSA) workshops for all business groups, to identify residual operational risks and arrive at Key risks in the banks processes.
This is a senior role that has been created to maintain a solid standard of operational risk across the bank. This is due to an expansion of European operations and growth in several business areas.
The Risk Manager will also be responsible for:
• Review Internal Audit findings to ascertain effectiveness of key controls;
• Conduct the Operational Risk Management Committee (ORMC) on a monthly basis.
• Mapping the empirical internal loss data as reported by all business groups, into relevant business line and loss event categories as per the Operational Risk Management policy, and report to the ORMC on a monthly basis and quarterly to the Audit Committee;
• Reporting of the Bank’s RCSA on semi- annual basis
• Assist take ownership in the development of the ICAAP process for Operational risk
• Oversight of Business / Operations conducting risk criticality matrix to ascertain the criticality of all proposed outsourcing arrangements;
The Bank is well known, relaxed and has a solid reputation. you will be running the whole market risk side of the business so responsibility and personality are equally important.
The successful candidate will most likely have:
- 3 years commercial operational risk management experience in a bank or asset manager
- Policy experience
- Degree
- Understanding of Basel II
- Interest in management
- Experience of operational risk management systems, procedures and processes
Candidates with product control and Op risk policy experience will be held in good stead. This role holds a high volume of responsibility very quickly reporting into the head of EMEA Risk. You will potentially be managing a team of 3 junior risk Analysts so this role is ideal for a candidate who wants to take on a management role.
This role suits a Operational risk manager who wants to take on experience for a whole firm. The atmosphere is relaxed but serious this is a location where you can make a name for yourself; you should be able to defend your decisions as well as understand the benefits risk brings.
My client is based in London.
If this opportunity sounds of interest please send your CV in word format to b.chatfield@alexanderblackrecruitment.co.uk or call 0207 590 3681
Leave a Reply
You must be logged in to post a comment.