Job DescriptionJob SummaryOperational Risk Management (ORM) is part of the bank''s Risk Management division. It performs the second line oversight of Operational Risks for the bank in the UK. The successful candidate will:Provide independent oversight and challenge to the 1st line of defense and ensure that the risk profiles of the region and legal entities are properly understood and operating within the Operational Risk Appetite.Report to the Head of Operational Risk Management (Europe and Asia-Pacific).AccountabilitiesThe successful candidate is expected to perform the following activities:Support the Head of Operational Risk in all operational risk management oversight activities.Oversee the consistent and effective implementation of the operational risk management framework and initiatives in the UK, including all UK legal entities.Manage the establishment and monitoring of regional and legal entity risk profiles and risk appetite statements.Participate in scenario analysis for the UK subsidiary to support capital adequacy (ICAAP).Promote a culture of risk management and control through training, tools, and advice to the first line.Review and challenge Risk Control Self-Assessments (RCSA) and Control Testing results, ensuring risks and key controls are properly identified and assessed.Review, challenge, and report on Internal Loss events, including root cause analysis and deep dives where appropriate, ensuring timely remediation of gaps.Support Issues Management oversight, analysis, and 2A validation of remediation activities.Review change governance initiatives or projects impacting the UK, providing second line challenge on operational risks related to in-scope change.Provide oversight and independent challenge on sub-risk categories such as Third-Party Risk Management, Outsourcing, and Business Continuity management.Represent Operational Risk in various local and regional meetings and working groups.Act as secretary for the UK Executive Risk Committee.Oversee Operational Risk reporting and escalation to local Committees and Boards.Support Internal and External Audits related to Operational Risk in the UK.Work on process improvements, enhancements, or projects related to other risk types such as Environmental and Social Risk.

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