Operational Risk Officer - London, United Kingdom - UK Debt Management Office

UK Debt Management Office
UK Debt Management Office
Verified Company
London, United Kingdom

3 days ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Details:


Reference number:


Salary:

- £38,000 - £55,000
Job grade:


  • Other
    Contract type:
  • Permanent
    Business area:
  • DMO
  • Risk
    Type of role:
  • Risk Management
    Working pattern:
  • Flexible working, Fulltime
    Number of jobs available:
  • 1Contents
Location

About the job


Benefits:

Things you need to know

Location

  • This role will be based in the DMO's office in the city of London.
About the job


Job summary:


This role covers a range of operational risk and control activities designed to identify and mitigate operational risk within the DMO and provide assurance that both existing operations and new initiatives are being carried out in accordance with good practice and in line with agreed policies and procedures.

You will be able to communicate well and confidently, representing the team with a variety of stakeholders. You will adopt a positive approach and possess excellent problem-solving skills, when encountering new situations.

One of the key responsibilities of the role is following up risk incidents to ensure that root causes are identified and mitigating actions are put in place to avoid a reoccurrence.


Job description:


  • On occasions, deputising for the Operational Risk & Compliance Manager.
  • Risk identification and reporting (RCSA): includes quarterly meetings with the business teams on risk status; monthly collating/investigation/recording of incidents and followup checks on completion of mitigating actions; monthly progress of audit treatment actions. Regular and adhoc risk investigation and analysis and activities to raise risk and controls awareness, particularly at team leader level.
  • Presenting reports and being an active member of the Operational Risk Committee.
  • Meeting attendance to represent operational risk interests at project meetings and Change Advisory Board.
  • Controls Group coordination, advising project managers of areas to prepare for and taking an active role in review and challenge of new initiatives.
  • Carrying out controlled testing in relation to trading activity, adherence to policies and guidance, investigating and reporting of exceptions as necessary.
  • A share of various responsibilities to support the smooth running of both the Operational Risk Committee and the Controls Group, auction compliance duties, policy reviews and adhoc risk analysis as required.
AML checks and liaison with the gilt registrars to address queries relating to gilt sale and purchase service.


Person specification:

-
Experience: Evidence of completing risk and control reviews, documenting findings and identifying improvements.
-
Experience: Excellent oral and written communication skills in order to deal positively with the DMO's internal and external stakeholders (e.g. peers, senior managers, service providers) in a firm, well-reasoned and diplomatic manner.
-
Experience: Be able to demonstrate successfully planning and coordinating the work of self and others.
-
Technical: Familiarity with using risk management software and spreadsheets to maintain, manipulate and present risk data.
-
Behaviour: Evidence of bringing complex issues to a conclusion in a fast paced environment and managing competing priorities.


Behaviours:

We'll assess you against these behaviours during the selection process:

  • Changing and Improving
  • Communicating and Influencing
  • Working Together
  • Developing Self and Others
  • Delivering at Pace

Technical skills:

We'll assess you against these technical skills during the selection process:

  • Familiarity with using risk management software and spreadsheets to maintain, manipulate and present risk data.

Benefits:


  • Learning and development tailored to your role
  • An environment with flexible working options
  • A culture encouraging inclusion and diversity
  • A Civil Service pension with an average employer contribution of 27%
Things you need to know


Selection process details:


  • This vacancy is using Success Profiles (opens in a new window), and will assess your Behaviours, Strengths, Ability, Experience and Technical skills.
  • Feedback will only be provided if you attend an interview or assessment.

Security:


  • See our vetting charter (opens in a new window).
  • People working with government assets must complete baseline personnel security standard (opens in new window) checks.

Nationality requirements:

This job is broadly open to the following groups:

  • UK nationals
- nationals of Commonwealth countries who have the right to work in the UK
- nationals of the Republic of Ireland
- relevant EU, EEA, Swiss or Turkish nationals working in the Civil Service
- relevant EU, EEA, Swiss or Turkish nationals who have built up the right to work in the Civil Service
- certain family members of the relevant EU, EEA, Swiss or Turkish nationals

Further information on nationality requirements (opens in a new window)
Working for the Civil Service:

  • The Civil Ser
More jobs from UK Debt Management Office
See all jobs of UK Debt Management Office