Strategic Operational Risk Controls recruitment
The overall aim of the team is to develop a principle based control framework across Market Risk and Credit Risk and where applicable Product Control. This also includes ongoing monitoring against the framework which will better inform compliance with both internal policy and procedures (Audit, Operational Risk, SOX etc) and external regulations (Fed, FSA etc).
Additionally, the team is responsible for Audit Liaison across the risk functions (this includes Internal Audit, External Audit, regulatory actions and other internal control assessments).
Responsibilities include:
- Confirm/re-define the policy and procedures to ensure the governance model is robust and adaptive to the increased demands for control and documentation required for regulators/audits.
- Implement revised documentation standards to ensure proper evidence exists so that both internal and external stakeholders understand the control environment and can demonstrate the operation of a robust control environment.
- Develop and implement a monitoring process to ensure ongoing compliance with the revised standards.
- Assist Strategic Controls directors in challenging scope observations raised by Internal Audit, and reviewing/challenging the adequacy (from a controls perspective) and sustainability of management’s responses to regulatory/External Audit findings.
- Work with management to improve the governance structure, documentation standards and control environment
- Review challenge core policy procedures documentation and oversee required changes to ensure the governance model is robust and adaptive to the increased demands for control and documentation required for regulators / auditors
- Assist in the development implementation of ongoing controls monitoring quality assurance process.
- Assist in establishing a communications program for ongoing internal external stakeholder management ensuring the control framework is presented in a transparent, consistent professional manner.
Skills required:
- Undergraduate degree
- Ideally professional qualification (e.g. ACA/CIMA/ACCA
- Banking or financial services experience
- Strong understanding of key risks controls associated with market risk and credit risk in an investment bank.
- Internal Audit/External Audit/Operational Risk experience
- Previous investment / capital markets related banking role
If you would like to apply for this role or find out more, please apply online or contact Anna Purves at Robert Walters on anna.purves@robertwalters.com quoting the reference 1585270/APC