OurClient
OurclientisanestablishedPrivateBankthatoperatesonagloballevel.
TheRole
THISROLEISA6MONTHCONTRACTROLE
TheFrontOfficeRiskManagerplaysacriticalroleinthe1stLineofDefence(1LoD)supportingthePrivateBankinmanagingandmonitoringriskacrosstheentirefrontofficeclientlifecyclefromonboardingthroughtoclientmanagement-assessingandmitigatingrisk.
TheFrontOfficeRiskManagerskeyresponsibilitiesincluderisk-relatedadvicetoFrontOfficeManagementandclient-facingstaff,assessmentanddecision-takingrelatedtoclientrisk-relatedtasks,deliverriskanalysisanddriverisk-relatedinitiativesacrossthePrivateBank.
TheFrontOfficeRiskManagerrolerequiresexperienceinunderstandingClientSuitability-regulatoryrequirements,businessneeds,andriskmanagementprinciplestodriveinformeddecision-makingandmitigatepotentialclientrisks.
TheFrontOfficeManagersupportstheFrontOfficeinperformanceofrisk&controlself-assessments,assessmentandhandlingofoperationalriskincidents,adhocbusinessriskandconductreviews. Collaborateswith2ndand3rdLinesofDefence,FrontManagementandotherrelevantstakeholderstoensureacohesiveapproachtoriskmanagementandhighestqualitystandards. PreparesanddeliversRiskAnalysisincollaborationtoprovidetransparencyandfrontofficesupervisoryoversighttoaddressanyregulatoryandqualityassuranceconcerns.
TheFrontOfficeRiskManagerdrivesriskawarenessandtraininginitiatives. Providesrisk-relatedsupportandadviceforad-hocprojects
TheFrontOfficeRiskManagercoordinatesandinteractswithvariousinternalstakeholders(e.g.compliance,legal,etc.)leadingandimplementingchangeinitiativestoimproveFrontOfficeandbusinessriskmanagementprocessesandprocedures,ensuringtheFrontOfficeteamisadaptabletochangingregulatoryrequirementsandbusinessneeds.
TheCandidate
Atleast3yearsofexperienceinasimilarFrontOfficeRisk,BusinessAssurance,RiskAssessmentroleinthePrivateBankingorWealthManagementworkingcloselywiththelikesofPrivateBankers,WealthManagersorInvestmentManagers.
ClientSuitabilityknowledgeandexperience -essential
Business,preferablywithexposuretoAML/KYCandSuitabilitytopics
UnderstandingofClientOnboarding
In-depthknowledgeofriskmanagementprinciplesandpracticesacrossmarkets
Stronganalyticalandproblem-solvingskills
Abilitytoadaptandthriveinadynamicenvironment
JBRP1_UKTJ