VP Operational Risk – Investment Bank recruitment
The Operational Risk team is responsible for the delivery and development of the Operational Risk measurement components of the Operational Risk framework including the production, maintenance and development of the following:
- Key Risk Scenarios.
- Key Metrics and Indicators.
- OR MI/reporting (weekly/monthly/quarterly).
- Assurance and conformance processes
The candidate will contribute to the development/enhancements to the Operational Risk framework components (including internal and external incidents, Risk and Control Self Assessments, Key Risk Scenarios and OR capital related issues).
The candidate will be responsible for promoting a culture of awareness of operational risk throughout the firm by establishing strong relationships and enhancing the measurement and management requirements underpinning the AMA approach.
Main Duties
- Development/enhancement of integrated Operational Risk MI covering all framework components
- Support stakeholder relationships through the development of value add Operational Risk management information
- Assist in defining requirements for tactical and strategic Operational Risk Systems and assist in managing the development / implementation lifecycle
- Ongoing liaison with Group Operational Risk with respect to methodology and specific issues arising from the measurement and Operational Risk Capital calculation processes, including enhancements to the Key Risk Scenario process and capital calculation / allocation
- Managing the preparation of MI reporting and Committee packs on an as required basis
- Ensure, an ongoing understanding of regulatory and risk initiatives and the implications to the operational risk management framework (including Basel 3)
The successful candidate will be and Operational Risk Subject Matter expert of degree caliber and have significant experience from the financial services sector. Good product Corporate Investment Bank Product knowledge will be an advantage.