Based in London, Milton Keynes or Wilmslow
Location: London, Milton Keynes or Wilmslow
Job Summary
To effectively manage the Bank’s approach to Operational Risk by supporting the enhancement of the Bank’s control framework by carrying out assurance of control testing across all functions. They will test adherence to policies and risk appetite including escalation via appropriate channels and will assess the risks associated with first line of defence (1LOD) business line activities, assisting in compiling, and maintaining a complete control framework for risk management activities. Support the business lines and functions to identify risks from the First Line.
Key responsibilities
* Undertake quality reviews, taking a risk-based approach. This could include thematic reviews, regular testing of key controls, independent validation of Quality Controls and Assurance activities performed by the businesses or other methodologies as needs dictate
* Monitor output from all 1LOD areas to identify potential operational risks and, where possible, ensure appropriate mitigating actions are in place, including recommendations for remediation, improvement of controls, staff training or coaching. Proactively identify process improvement/best practice and share as appropriate
* Provide support with remediation of control failures and compliance breaches
* Support the Operational Risk Manager to develop Key Risk Indicators (KRIs) and risk appetite metrics with divisions in accordance with the Bank’s Risk Appetite
* Support business areas with Risk & Control Self Assessments to ensure all processes are captured and create Standard Operating Procedures (SOP) to support the RCSA output
* Assist with production of high-quality reports/presentation packs for sharing with key stakeholders; Maintain a full audit trail with clear records to support review conclusions, stored in accordance with the bank’s records management conventions
* Ensure all Risk Incidents are documented, and root cause is established. Oversight of remedial actions to ensure risks are mitigated. Full audit trail is established, and trend analysis is undertaken
Skills required
* Knowledge of UK banking (Customer Service, Credit, Financial Crime, Operations) and risk management & controls principles appropriate to the three lines of defence model
* Knowledge and understanding of risk control arrangements
* Knowledge of regulatory environment and key regulatory regimes
* Understanding of and compliance with group policies including Conduct Risk
* Excellent attention to detail and strong team skills
* Ability to think creatively when resolving problems and/or identify alternatives where established procedures may not exist, ensuring an improved customer experience
About us
Founded in 2007, we are a challenger bank that operates in accordance with Shariah principles, with offices in London, Milton Keynes and Wilmslow. We offer personal and corporate savings products and finance for UK residential property, in addition to sourcing and advising on UK real estate investments.
We offer a highly attractive reward package; the typical benefits include:
* 25 days holiday entitlement increasing with service
* Pension plan
* Private medical insurance
* Income protection
* Life assurance
* Employee referral bonus
Gatehouse Bank is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.
Please be advised that we have an appointed recruitment partner, The Curve Group, to manage our recruitment process and give candidates the best possible experience in pursuing a career with Gatehouse Bank. The personal details you have shared with us may be processed by The Curve Group on behalf of Gatehouse Bank. Full details of their Privacy Policy can be viewed here .
Facilities Manager and Health & Safety Officer
London
Job SummaryTo be responsible for all premises and facilities related matters for all bank offices and all aspects of Health and Safety....Read more and apply
Facilities Assistant
London
Job SummaryTo provide Facilities Support for London office and all bank staff and act as Health and Safety support for all premises....Read more and apply
London
Job SummaryTo oversee the day-to-day operational digital marketing needs of the Bank; helping to create, implement and manage both content ...Read more and apply
Finance Manager – FTC 12 Months
London, Milton Keynes or Wilmslow
Job SummaryTo support the management of the product and financial control function and support monthly, quarterly, half-year and year end a...Read more and apply
Statutory Accountant - FTC 12 Months
London, Milton Keynes or Wilmslow
Job SummaryTo assist with the product and financial control function and support monthly, quarterly and year end and reporting and assist i...Read more and apply
Home Finance Advisor
London, Milton Keynes or Wilmslow
Job SummaryTo provide customers with a full advice and recommendation service for Home Finance working in accordance with the Banks values,...Read more and apply
Compliance Officer - FTC 6 Months
London, Milton Keynes or Wilmslow
Job SummaryThis is a 6-month FTC to support the Head of Compliance in ensuring the Bank adheres to its regulatory compliance responsibiliti...Read more and apply
Senior Asset Manager
London or Flexible
Job SummaryTo be responsibility for the Asset Management of the Gatehouse Investment Management (GIM) Residential Portfolios. In addition, ...Read more and apply
Milton Keynes
Job SummaryTo oversee the second line of defence (2LOD) across the Bank’s key risks by performing firm-wide risk management activities, inc...Read more and apply
London, Milton Keynes or Wilmslow
Job SummaryThe purpose of this role is to be responsible for the day to day handling of Customer Complaints, ensuring any complaints receiv...Read more and apply
London, Milton Keynes or Wilmslow
Job SummaryTo assist with Second LoD oversight of the Bank's key risks by performing risk management activities, monitoring and development...Read more and apply
#J-18808-Ljbffr