W1siziisimnvbxbpbgvkx3rozw1lx2fzc2v0cy9nzxjqzs9wbmcvymfubmvylwrlzmf1bhqucg5nil1d

Operational Risk Manager – Framework & Reporting

  • Location

    London

  • Discipline:

    Risk Management

  • Job type:

    Permanent

  • Salary:

    £55,000

  • Consultant:

    Luke Nash

  • Email:

    lnash@merje.com

  • Job ref:

    LN/14790

  • Published:

    28 days ago

My client, a leading Payments Solutions provider, is currently searching for an Operational Risk professional to join on a 12 Month Fixed Term Contract. Reporting to the CRO you will Support the design, implementation and maintenance of the risk framework methodology, risk reporting, policies and process documentation; Provide advice, guidance and oversight across all level of the organisation; Build and develop strong partnerships within the CRO structure and wider internal/external stakeholders.

 

Key Responsibilities

Framework Development

  • Maintain and update the Risk Framework methodology and process documentation in-line with current industry best practice and future regulatory requirements including; risk and control assessment, incident management, KRI’s, risk appetite etc.
  • Conduct annual and ad-hoc framework benchmarking activities against wider financial service industries and use test conformance to new regulatory requirements and develop framework improvement plans where gaps are identified
  • Maintain and update the Board risk appetite statement

Policy Management

  • Maintain and update policies in line with current industry best practice and future regulatory requirements.
  • Maintain central register of all company policies including details of policy owners, sponsors, and annual review dates.

Risk Reporting

  • Continue to develop and enhance the existing risk reporting suite of internal and external reports to meet the needs of both the business and regulatory requirements, driving automation and self-service where possible/appropriate
  • Facilitate and coordinate the reporting lifecycle process for the internal and external committees and boards.
  • Provide oversight and maintenance of the Group Risk Management reporting suite to ensure data quality is maintained and exceptions actioned.

Key Skills & Experience Required#

  • 5+ years relevant risk management experience, preferably within a financial services environment
  • Experience developing risk frameworks including methodology, tools and policy.
  • Gravitas and business acumen with a proven ability to be able to influence across the company from technical specialists to senior management.
  • A self-starter – proactive, self-motivated and delivery orientated individual able to work on own initiative with limited supervision and guidance.
  • Relevant risk management qualifications e.g. IRM etc.