OverviewThe role provides second line oversight and challenge, enables controls, business management and

operational teams to make appropriate risk-aware decisions, supports group executives to understand

risk exposures in context of strategic decisions, and achieves regulatory objectives for operational risk

management.

Responsibilities

Board and risk committee core and special paper reporting on a monthly and quarterly basis.

Support the Head of Governance and Reporting and business aligned Operational Risk Managers in embedding the Operational Risk Framework across the Group’s businesses.

Engage with stakeholders at Senior Management levels across the Group providing support for risk-based decision making and assurance on controls efficacy.

Provide supporting toolsets that enable businesses and functions to effectively manage and demonstrate management of their operational risks, including for:

Loss event capture and root cause analysis

Key risk and control indicator measurement and reporting

Provide input to the periodic refresh of the Group’s operational risk appetite, KRIs, Operational Risk Policy and Standards

Provide direction, advice and independent challenge to business and functional teams regarding operational risk exposures to improve the risk and control environment

Enhance and operate a reporting framework to measure operational risk exposures in a manner that facilitates Group and business-level decision making and review of exposures relative to appetite.

Report on the operational risk profile, emerging operational risks and regular management information to the Risk and Compliance Committees, providing information into the monthly risk summaries, and attending meetings upon request.

Support the Head of Governance and Reporting – Operational Risk with strategic projects and other ad-hoc activities.

Core framework activities include reporting against risk and control self-assessments (RCSAs), key risk indicators (KRIs) and risk event management.

Support on the delivery of regulatory reporting submissions such as Co-Rep

Perform topical analysis to identify, evaluate and understand themes in risk events, indicators and management reports.

Produce regular MI reports for key stakeholders including senior management, working groups and perform regular and ad hoc data analysis exercises for regulatory submissions, committee papers, and ad hoc topical queries.

Develop and maintain a strong working knowledge of the Group’s operational risk management system, and where required, support risk management SMEs in their use of it.

Internal

Facilitate the periodic risk framework activities within the system, engaging with business stakeholders to ensure satisfactory completion to deadlines of central activities such as RCSA, and monthly reporting.

Operate as a point of contact for business and risk staff who have queries regarding the system, associated processes and associated reports.

People

Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities.

Provide oversight and direction to employees in accordance with the firm’s policies, procedures, standards and SLAs.

Hold regular one-to-ones with direct report(s) ensuring that feedback is provided in a constructive way whilst working with the employee to facilitate personal development

Ensure that an effective performance review is operated in line with the Groups guidelines, including setting objectives, personal development planning and performance standards with all direct reports.

Working with the Head of Governance and Reporting – Operational Risk, develop a culture of performance management, improvement and appraisal as a foundation for excellent organisational performance.

Ensure that relevant Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Other

Industries

Investment Banking

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