Job Description
Risk & Control Manager
London/Hybrid
6 months contract
Day rate from £700 via Umbrella Company dependant on experience
Our commitment is to provide equal opportunity regardless of, for example, your gender, age, ethnicity, disability, sexual orientation or beliefs. We also engage with employers to develop programmes and pathways that embrace diverse talent and promote more inclusive employment worldwide through partnerships and other initiatives. We recognise and celebrate the value of difference and how it makes us faster, smarter and more innovative than our competition.
My client is one of the largest financial institutions headquartered in Japan, with an established presence across all consumer and corporate banking businesses. Through its subsidiaries and affiliates, they offer a diverse range of financial services, including commercial banking, leasing, securities, credit card, consumer finance and other services.
They are looking for 2 Risk and Control Managers on an initial 6 month contract with the potential to extend. You will be expected to work Monday to Friday standard office hours, however there will need to be flexibility to work outside of these hours as required. The position is hybrid working being in the office 2-3 days a week with the remainder of time working from home.
Purpose of Job
The purpose of the EMEA Operations Risk & Control Manager is support the EMEA Operations Risk & Control Officer to ensure that within EMEA Operations:
* All risks are identified, assessed and managed in line with risk appetite.
* The control environment is robust, comprehensive, and effective.
* Staff operate in accordance with risk policy, comply with relevant regulation and behave in line with the organisations values.
Accountabilities & Responsibilities
* Providing support to the EMEA Operations Risk & Control Officer (ED) along with risk owners, control owners and other relevant senior management within the EMEA Operations to ensure that (i) all risks are identified, assessed and managed, and (ii) the control environment is robust, comprehensive, and effective. This should be achieved in the context of the business strategy and risk appetite and in line with applicable laws and regulations, internal policies, and procedures.
* Ensuring robust and comprehensive adherence to governance of risk and controls within EMEA Operations. This includes supporting the 1LoD risk governance framework, providing insightful, timely and accurate data and analysis.
* Providing insightful analysis of the risk and control environment within EMEA Operations. For example, analyse key risk indicators, key control indicators, risk ratings, control ratings, issues, events, audit findings etc. to identify trends and thematic weaknesses (e.g., unmitigated risks or ineffective controls) that require addressing.
* Support in making sure root cause and solutions from investigations of Operational Events are implemented and tracked through to resolution, including the read across of issues so that learnings from a weakness identified in one area are applied to all areas.
* Support deep dive "Risk Reviews" to assess how robustly and comprehensively risks are mitigated and/or investigate potential weaknesses in the control framework. For example, this could involve an assessment of the design and operating effectiveness of controls in an end-to-end process or in a complete customer journey.
* Support initiatives to assess and enhance the risk culture within EMEA Operations.
Knowledge, Skills, Experience & Qualifications
* Risk Management. Good understanding of risk management frameworks and control environments as applied to the operational domains of Commercial and Investment Banks.
* Business Knowledge. Good knowledge of Commercial and Investment Banking products and services - and the end-to-end processes and infrastructure required to deliver these products and services to customers. Experience of identifying and addressing deficiencies in risk management and/or control operation across the full product lifecycle and/or end-to-end processes.
* Market Best Practice. Good understanding and awareness of market-standard approaches for risk mitigation and control design and execution. Familiarity with relevant regulation and regulatory expectation across EMEA.
* Stakeholder Management. Proven ability to build positive working relationships with senior stakeholders (e.g. Department Head), able to become a "trusted advisor" whilst maintaining the ability to provide robust challenge.
* Good written and verbal communication skills. Able to communicate effectively at all levels of the organisation. Able to convey complex topics simply and to articulate issues in a way that eases decision making and drives action.
Specific requirements:
* Experience in a risk management and/or control office function in a major financial institution.
* Highly numerate with a strong analytical skill set
* Broad industry knowledge encompassing Commercial Banking and Investment Banking.
Candidates must show evidence of the above in their CV to be considered.
Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you.
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