Operational Risk - London, United Kingdom - eFinancialCareers

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter


Description
Hays are recruiting for a Senior Operational Risk & Control contractor to join a leading bank in London.

You will join a new team who look at the start to finish process across activities in the bank to assess their suitability and effectiveness, and whereneeded testing and design new processes.

Further responsibilities will include;

  • Carryout Risk assessments in line with Framework by prioritising High Risks / Regulations to determine Target Process inventory.
  • Partner with Operations, Finance, Technology, Legal, Operational Risk Management (ORM) and Independent Compliance Risk Management (ICRM) to design, implement and deliver integrated global operational control assessments
  • Assess/Test End to End Risks and Controls design to determine gaps in existing MCA framework for selected process
  • Identify control weaknesses & gaps, report results, raise Issues (as needed) and track to resolution by collaborating with colleagues so that issues have corresponding implementable actions and ownership through to closure, whilst aiming for automationof enhanced controls, where appropriate.
  • Completing projects within agreed timescales, whilst keeping stakeholders up to date on progress and escalating any blockers.
  • Provide assurance on the control design and performance for an area, at a global, regional level or sublevel
  • Identify control design and performance issues to support development of remediation plans, contributing to broader Markets Risk and Controls program
  • Creating, submitting and presenting timely Governance updates on progress against plan, key issues identified and seeking approval of forward looking BAU assessments book of work at Risk and Control Committees.
  • Contribute to review and making improvements to Markets Operational End to End Assessments Framework and methodology.
Experience in the following areas will be considered;

  • 1st line of defence Risk
  • Risk and Controls
  • Controls testing
  • Compliance assurance/ audit
  • Reg Change

More jobs from eFinancialCareers