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Risk Assurance Specialist

  • Location: Bradford
  • Salary: £35,000 - £40,000 per year
  • Job Type:Permanent

Posted about 1 year ago

​This UK Bank requires a strong individual to reduce risk exposure and improve customer outcomes by conducting risk assurance exercises and setting management actions.

You will report into the Senior Risk Assessment Manager and provide critical risk assurance information to help influence key decisions on supplier and debt purchaser selection.

Key Responsibilities:

• Demonstrate FLOD Assurance best practice for COO across 3rd Party Suppliers, Debt Sale Partners and internal assurance over COO functions

• For 3rd Party Suppliers conduct assurance that will include pre and post contractual due diligence and both thematic and targeted risk reviews. Key topics will include but are not limited to; 3LOD, Customer outcomes, Vulnerable Customer Policy, Complaints Handling, BCM/Business Resilience, Payments and Change Management

• For internal assurance functional assurance over all areas of COO including Post risk event and incident reviews, customer outcomes, regulatory risk and adherence to policy and procedures, payments, BCM, vulnerable customers, 3rd party oversight framework, SYSC8 and regulatory compliance.

• Manage a stakeholder network effectively to deliver results in a collaborative way, whilst maintaining the integrity of the overall function and COO

Skills & Responsibilities:

• Expertise of Risk Management within financial services

• Good knowledge of key regulatory requirements relevant to operations from Cards, Loan and Motor Finance products and services

• Experiences in risk assurance techniques and key tools

• In depth knowledge of 3rd Party providers including contractual set up, governance and routine operations.

• Good knowledge of Operational, Conduct and Regulatory Risk

Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.

If you would like this job advertisement in an alternative format, please contact MERJE directly.