Risk Co-ordinator - Wimborne, United Kingdom - Ultimate Banking Ltd

Ultimate Banking Ltd

Verified Company

Wimborne, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Risk Co-ordinator - Financial Services

Dorset/semi - remote

£32 -40k

Our client an established and growing Building Society are seeking Risk Co-Ordinator to join the team and form part of the Society's 1st line of defence, supporting the business to identify, document and manage their risks.

You will be able to create andprovide risk management information, including KRI's and supply accurate and timely reporting to the relevant Committees on behalf of the business as required.

The role requires you to visit the office periodically (need to be commutable) but is semi
- remote.

You will support the business in reviewing and evaluating their processes to ensure risks are captured and mitigated through robust risk management procedures and implementation of the risk management framework to help measure, monitor and control identifiedrisks.

Input into risk events including tracking and follow up of actions and the reporting of themes and trends.

In relation to the Society's first line risk management:

Support the implementation and embedding of the Society's risk management framework.
To develop and maintain a good understanding of the business and its processes and procedures.
Assist the business in capturing and monitoring risks by maintaining and driving the RCSA process and ensuring action plans are maintained and followed up
To assist the business so that risks and controls are accurately reflected, evaluated and recorded in the risk database.
To support the investigation of risk event reporting including root cause analysis and following up actions to reduce the likelihood of operational losses
To coordinate Key Risk Indicators and support the tracking and reporting
To coordinate the business dashboards and reporting to Conduct and Operational Risk Committee
To manage and monitor the Third-Party supplier due diligence process including committee reports and the day to day relationship with our information provider.
To maintain, review and support the testing of the Society's business continuity plan
To update and maintain the Society's process and procedures database

Requirements of the Risk Co-Ordinator
You will have experience in 1st line of defence operational risk management.
-
Knowledge and experience of working in a financial services environment with an understanding of how Banks/Building Society's operate
:

Knowledge and understanding of identifying, evaluating and documenting risks and controls
Ability to work in a team maintaining a high level of expertise
Enabler of change who encourages positive attitudes