Operational Risk VP (Corp. Finance and Global Capital Markets)
January 8, 2018
London, United Kingdom
As part of the Operational Risk Team you will be responsible for ensuring the bank's risk exposure is adequately managed in-line with the group wide risk appetite and operational risk management framework.
You'll provide support, review and challenge in line with the 3 Lines of Defence Model.
You'll specifically, perform independent oversight of the implementation of the Group's risk management Framework within the Business Divisions and Infrastructure Functions and independently assess material risks and/or key controls (as required), providing challenge, approval or veto as appropriate.
Overseeing the implementation of ORM Framework within areas of responsibility, e.g. Perform relevant Level 2 controls, as required by Policies for quality assurance
Reviewing quality assurance scorecard for trends on data issues, reviewing divisional "use test" of ORMF components
Monitoring the OR Profile e.g. Reviewing End-to-End process risk assessments and material non-financial risk information
Assessing key risks and controls e.g. Reviewing and challenging lesson learned and approve risk acceptances
Measuring quality and timeliness of execution against Risk Priority Plan
Skills & Qualifications:
Significant experience in a similar role within financial services
A robust understanding of Operational Risk Management principles and practices
Demonstrable experience of developing strong working relationships with business areas to facilitate successful risk management within the 3 Lines of Defence model
Comprehensive understanding of Corporate Finance, Equity and Debt Capital Markets products offered by a Tier 1 investment bank as well as the supporting infrastructure and controls
Worked with Senior Stakeholders within a high-pressure dynamic environment
Strong oral and written skills - should be able to distil topics into understandable summaries with clear conclusions and explanations of rationale
Should be confident in presenting the outcomes of their work, often to Senior Management
Will play a pivotal role in a period of significant change for this function and therefore experience with change projects is desirable
Morgan McKinley is acting as an Employment Agency in relation to this vacancy.
Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.