1. Operational Risk VP - senior role in established and rewarding Risk team
2. Role based in London- Hybrid working
About Our Client
Fast growing, UK banking group. Market leading cross border FX and payments firm seeking a VP- Operational Risk Manager .London based
Job Description
The VP- Operational Risk Manager will
3. Support the Head of Operational Risk in the independent oversight of Operational Risk across the Bank.
4. Responsibility for enhancing the Operational Risk Management Framework and its associated components (Risk & Control Self Assessments (RCSA), incidents, operational scenario analysis etc).
5. Providing robust oversight and challenge to RCSA's, risk assessments performed as part of new product / initiative development.
6. Enhancing and standardising 2LoD owned policies and procedures. Ensure these polices are understood, communicated and embedded and complied with across the Bank.
7. Engagement with 1LoD to ensure policies and procedures adhere to developed standards and guidelines.
8. Training and educating the 1LoD to embed the Operational Risk Management Policy within their respective areas.
9. Preparing risk committee and board papers, as required, including robust management of known audit and control weaknesses.
The Successful Applicant
Requirements for the VP- Operational Risk Manager as follows:
10. Professional or industry qualification such as IOR, IRM or equivalent.
11. Experience of FX, Payments and Derivatives prodcuts.
12. In-depth knowledge of the UK financial services and regulatory framework
13. Several years of risk management experience at a senior level
14. Exposure to Enterprise Risk Management Frameworks and other risk types such as, financial crime, credit, liquidity, conduct etc.
15. Extensive experience and knowledge of Operational Risk
What's on Offer
VP level salary 90,000-100,000Bonus and benefits package offering.