Head of Risk - City of London, United Kingdom - MARKET TALENT

MARKET TALENT
MARKET TALENT
Verified Company
City of London, United Kingdom

3 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

We are partnering with a City based Banking Institution who provides Trade Finance, Treasury, Real Estate and consumer banking products seeking a well experience Risk and Compliance specialist who can will be responsible and willing toobtain the SMF4 and SMF16 regulatory functions leading a small team of 3 individuals.
You will be responsible for the following:

Risk

  • Develop and maintain the firm's Risk Management Framework (RMF) in line with the firm's strategy and also evolving statutory and regulatory obligations
  • Develop and maintain the firm's Risk Appetite in line with the firm's strategy and recommended to the CEO, Credit Committee, ALCO, EXCO, and Board
  • Develop and maintain the firm's policies, systems and procedures to identify, manage, monitor, and control the key risks to which the firm is or may be exposed
  • Review strategies, policies, systems, and procedures for taking up, managing, monitoring, controlling, and mitigating the risks to which the firm is or may be exposed
  • Work with the Internal Auditors to ensure the internal audit plan fully reflects the key risks to which the firm is or may be exposed
  • Ensure that the systems and procedures are in place to produce timely and appropriate MI, risk statements and reports for management and the Credit Committee /ALCO/ARC/Board
  • Oversee IT security and controls
  • Develop, implement, and maintain the firm's Business Continuity Plan (BCP)
  • Develop and maintain the firm's ICAAP and produce on an annual basis
  • Develop and maintain the Bank's Recovery and Resolution Plan and oversee the internal processes regarding their governance.
  • Managing the Bank's internal stress testing, ensuring accuracy and timeliness
Compliance

  • Develop and maintain the firm's Compliance policies, systems, and procedures in line with evolving statutory and regulatory obligations
  • Develop and maintain Compliance Monitoring Programme across the firm and review it on an annual basis
  • Monitor regular compliance of the firm and its staff on adherence to the policies, procedures, applicable laws, and regulations
  • Provide adequate compliance training and education to new and existing staff (including senior managers) on changes in applicable laws and regulations when onboarding and ongoing basis
  • Ensure that the systems and procedures are in place to produce timely and appropriate MI, compliance statements, and reports for management and the Credit Committee /ALCO/ARC/Board
  • Customer complaints handling including the firm's response to complaints within set timelines
  • Guidance for business units to develop products, and marketing materials by enduring to all internal and regulatory rules
  • Prompting strong risk and compliance culture within the firm and ensuring that the staff are aware of their responsibilities

Requirements:


  • Minimum 1015 years banking experience with experience of managing Risk and or Compliance functions at this level.
  • Ideally experience in Ops Resilience, BCP, Stress Testing, Monitoring Programs and confidence in DPO.
  • Act as the secretary to the Board, ARC, Credit Committee and company secretary of the firm
  • Report to CEO, Credit Committee, and when appropriate to ARC and attend as a member of the firm's EXCO, ALCO, ITSCO
More jobs from MARKET TALENT
See all jobs of MARKET TALENT