Risk & Control Officer, 2nd Line

The Role

This role sits in the Bank’s Second Line of Defence.  The Risk & Control Officer reports to the Risk Manager who has oversight of the Bank’s risks. 

Like any other regulated bank, Our Client needs to ensure they are managing their risks effectively, mitigating them with robust and well-designed controls.   The role has arisen as the Bank embarks on further projects to develop and enhance its Operational Risk & Control framework.

The successful candidate will work closely with the frontline teams who have ownership of these risks and controls. The candidate will quickly gain insight into the Bank’s risks, the Important Business Services and be able to assess the quality of the controls that underpin each process in the day-to-day operations.  Colleagues in the frontline need guidance, so the candidate will require strong stakeholder skills to collaborate with them to build awareness and risk management skills in this area within the Bank.

Responsibilities:

• Developing operating effectiveness control testing to ensure that the Bank has a complete understanding of the control landscape and drive actions to address control weaknesses.
• Building knowledge of the bank to support teams in developing new controls and processes to create lasting solutions for minimising exposure to people, conduct and operational risks.
• Develop a comprehensive understanding of the Bank’s risk exposure and control environment by embedding good risk management practices through building positive relationships with stakeholders across the three lines of defence.
• Identifying and reporting operational incidents and assurance testing to help the Bank draw up mitigating actions and/or remedial plans.
• Maintaining the Bank’s Operational Resilience monitoring and assessment processes, reporting to Senior Management to provide assurance that the Bank remains compliant with regulatory requirements.
• Creating management information for inclusion in Operational risk reporting packs, audit and compliance assurance requests, to adhere to Regulatory requirements.
• Provide cover for the Risk Manager in periods of holidays/absence.

Candidate Requirements:

Should have worked in financial services, a regulated environment, with some experience and understanding of risk, controls, and/or compliance.

Have experience of working within risk management, incident analysis, risk reporting and control testing.

Have a good understanding of industry risk regulation/standards and practices and are keen to learn more.

Be curious and collaborative - great at asking incisive questions to pick things up, get to the bottom of problems, and act on them quickly.

Be a communicator, able to facilitate discussions, and influence others to gather meaningful feedback and support on your work.

Be able to thrive when managing multiple deadlines through to completion and have excellent attention to detail.

Be resilient and comfortable working in an evolving and challenging environment.

Be hands-on and great at execution.

Be a self-starter and autonomous, able to make prioritisation decisions.

Employee benefits:

Pension

25 days annual leave + bank holidays

Bonus

Heath Care

Life Insurance

Access to training to help you develop and progress your career.

For further information, please contact: 

Enrico Castagnetti, Wintermann Search & Selection Limited

Mobile:       +44 (0)7711 267500

Email:         enrico@wintermann.co.uk

Unfortunately, due to the high volume of applications, we are unable to respond to all candidates.  If you are successful, a member of the team will contact you directly.  If you do not hear from us, please assume that your application has been unsuccessful.