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Operational Risk Officer – 12 Month FTC

Posted 29 days ago

  • Sector: Risk Management & Analytics
  • Contact: Michael Ayres
  • Contact Email: mayres@merje.com
  • Expiry Date: 24 October 2021
  • Job Ref: MA/18062

​Role Purpose

Financial Services business within the Investment sector are looking to hire an Operational Risk Officer to join the business on an initial 12 month fixed term contract. Supporting the Head of Operational Risk, the role assist in ensuring the risk function is effective with its risk management activities and meeting the business and regulatory requirements.

Responsibilities

•Identification, assessment, quantification, monitoring and reporting of risks

•Monitor, review, analyse and produce risk management information from business information and operational risk tools.

•Support completion of the annual ICAAP process through contribution to scenario analysis workshops.

•Conduct targeted risk assessments focusing on operational risks exposures and the effectiveness of internal controls and monitoring processes in place.

•Produce quality risk reports and risk management information for senior management and committees as required.

•Assist with the collection of risk events and loss data, root cause analysis and identification and monitoring of risk mitigation plans.

•Contribute to and carry out investigations referred to Risk from other business areas and provide comprehensive records of the investigation.

•Support the development of risk management processes, including regular updates and maintenance of risk management policies and procedures.

•Support the implementation of Enterprise Risk Management (ERM) software.

Candidate requirements:

•Previous experience within an Operational Risk position, ideally gained within the Financial Services sector.

•Excellent knowledge of FCA regulation

•Understanding of IT and change management process would be advantageous

•Excellent skills in respect of communication and stakeholder management