Risk Manager - London, United Kingdom - MW recruitment

MW recruitment

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

An overseas banking institution wish to recruit within business risk to Support the sustainable business development strategy of the Financial Institutions Department and to manage the associated risks within FI business line more efficiently and effectively

Main Duties
Understand different types of risks in FI business area, advise and support HoD in identifying and assessing non-financial risks (e.g. Financial Crime, Regulatory Compliance, Business Continuity risk etc) captured under the Operational Risk Taxonomy andassociated controls.

Work with business to execute 1LoD operational risk management programme (e.g. RCSA, KRI, ORE, External Events, etc), New Product Approval Process, and 1LoD assessment/attestation for specific non-financial risks (e.g. ABC/Fraud / Tax Evasion Risk Assessment,Control Attestation etc).

Update and improve FI business procedures on a timely manner, and oversee the business execution, identify and document controls in the business that meet Bank's and regulatory requirements.

Improve the existing KRI reports and designing/establishing new monitoring reports and/or risk indicators, prepare and present the regular business operational risk management reports to senior management and key risk governance forum/committee.

Act as the key point of contact on the operational risk & controls matters or initiative in FI business area, maintain effective end-to-end engagement with 2LoD and HO to report FI risk control environment and improvement in accordance with all relevantrequirements

Experience Required
Demonstrated Risk Management experience gained in financial industry environment or consultancy / Audit, preferable in FI business area.

Strong understanding of financial products, services, process and risk management process.

Excellent analytical / statistical and problem solving skills, excellent interpersonal and communication skills.

Team player, proactive working attitude and strong self-discipline.

Proficiency MS Office Suite (e.g. Word, Excel, PowerPoint and Visio etc.).

University degree or above.