Job Category: Risk & Compliance
Job Type: Full Time
Job Location: London
You will support the Head of Business Risk through providing effective Group oversight of operational risk and internal control management, including risk reporting. Working within the Business Risk team alongside other Business Risk Managers, you’ll provide oversight of operational risk and monitor risk profile – while staying on top of developments and changes as they happen (both internally and externally!)
Responsibilities
- Provide oversight of Operational Risk, through review and challenge of business area risk profiles, Key Risk Indicators, management actions and responses to Events. Ensuring findings, risk impacts and recommendations are agreed with relevant stakeholders and delivered appropriately.
- Feed into the assessment and monitoring of the Group’s overarching Risk Profile, against Risk Appetite, taking into consideration internal and external developments and trends.
- Help to mature Risk Appetite application, through rationalising and enhancing directorate risk and control assessment activities, including KPI/KRI/KCI usage, through appropriate and consistent methodologies, models, and systems.
- Identify risk management digitisation/automation opportunities; to streamline and focus on value.
- Work collaboratively with 1LOD management and ensure that, where risks are outside appetite, action plans are in place to enable a return to appetite within suitable timescales and are adequately monitored through effective governance structures.
- Help to identify areas that may require formal Risk Assurance and feed suggestions into the Head of Business Risk for consideration.
- Promote a risk-aware/risk-positive culture across the Group and personally demonstrate the required culture and behaviours.
Requirements
- Awareness of the balance between risk, control and growth.
- Curiosity and passion for generating new ideas.
- Strong stakeholder engagement skills.
- Experience of conducting thematic risk assurance assessments.
- Strong report writing skills and an ability to present complex subjects simply.
- Financial Services experience preferable
