EMEA Operational Risk

4 weeks ago

London, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

Purpose of Job

The purpose of the EMEA Operations Risk & Control Manager is support the EMEA Operations Risk & Control Officer to ensure that within EMEA Operations:

  • All risks are identified, assessed and managed in line with risk appetite.
  • The control environment is robust, comprehensive, and effective.
  • Staff operate in accordance with risk policy, comply with relevant regulation and behave in line with SMBC’s values.


Background

The EMEA Operations Risk & Control team is being established in order to improve the risk management capability within EMEA Operations. EMEA Operations encompasses OPPD and OAD/ODED and provides key capabilities and core services for all of SMBC EMEA:

  • OPPD (Operations Planning Department): provision of Data Management, Change Management, Third Party Management, Business Service Management and Corporate Real Estate & Services to all departments in EMEA.
  • OAD/ODED (Operations & Administration Department / Operations Department Europe Division): middle office, transaction processing and customer servicing support for all business departments in EMEA. This includes Financial Crime Middle Office, Derivative Operations, Securities Operations, Treasury Operations, Loan Administration, Trade Finance Operations, Trade & Transaction Reporting and Payments.


This role will work closely with the EMEA Operations Risk & Control Officer to drive enhancements in risk management and control design and execution across EMEA Operations. A key goal is supporting one of the co-General Managers of EMEA Operations in meeting their obligations as SMF24 for SMBC Bank International.


A project is underway to uplift the Non-Financial Risk Framework, enhance the Three Lines of Defence operating model and create an EMEA wide Control Office to enhance risk management in 1st Line of Defence (1LoD) across EMEA. The EMEA Operations Risk & Control team will play a key role in the implementation of the new framework within EMEA Operations and, subject to future organisational design decisions, is likely to have a reporting line in to the EMEA-wide Control Office (once it is established).


The EMEA Operations Risk & Control team will also partner with, and support as necessary, other risk and control teams across the 1LoD (especially those in IT and Cyber) in developing and driving common agendas. Supporting the 2nd Line of Defence (2LoD) in implementing risk frameworks and assisting them in executing their responsibilities to provide oversight of the EMEA Operations is also a core requirement for the role. Similarly, the role holder will work with Internal Audit (3rd Line of Defence) to support their work.


Accountabilities & Responsibilities

  • Providing support to the EMEA Operations Risk & Control Officer (ED) along with risk owners, control owners and other relevant senior management within the EMEA Operations to ensure that (i) all risks are identified, assessed and managed, and (ii) the control environment is robust, comprehensive, and effective. This should be achieved in the context of the business strategy and risk appetite and in line with applicable laws and regulations, internal policies, and procedures.
  • Ensuring robust and comprehensive adherence to governance of risk and controls within EMEA Operations. This includes supporting the 1LoD risk governance framework, providing insightful, timely and accurate data and analysis.
  • Providing insightful analysis of the risk and control environment within EMEA Operations. For example, analyse key risk indicators, key control indicators, risk ratings, control ratings, issues, events, audit findings etc. to identify trends and thematic weaknesses (e.g., unmitigated risks or ineffective controls) that require addressing.
  • Support in making sure root cause and solutions from investigations of Operational Events are implemented and tracked through to resolution, including the read across of issues so that learnings from a weakness identified in one area are applied to all areas.
  • Support deep dive “Risk Reviews” to assess how robustly and comprehensively risks are mitigated and/or investigate potential weaknesses in the control framework. For example, this could involve an assessment of the design and operating effectiveness of controls in an end-to-end process or in a complete customer journey.
  • Support initiatives to assess and enhance the risk culture within EMEA Operations.


Knowledge, Skills, Experience & Qualifications

  • Risk Management. Good understanding of risk management frameworks and control environments as applied to the operational domains of Commercial and Investment Banks.
  • Business Knowledge. Good knowledge of Commercial and Investment Banking products and services - and the end-to-end processes and infrastructure required to deliver these products and services to customers. Experience of identifying and addressing deficiencies in risk management and/or control operation across the full product lifecycle and/or end-to-end processes.
  • Market Best Practice. Good understanding and awareness of market-standard approaches for risk mitigation and control design and execution. Familiarity with relevant regulation and regulatory expectation across EMEA.
  • Stakeholder Management. Proven ability to build positive working relationships with senior stakeholders (e.g. Department Head), able to become a “trusted advisor” whilst maintaining the ability to provide robust challenge.
  • Communication. Good written and verbal communication skills. Able to communicate effectively at all levels of the organisation. Able to convey complex topics simply and to articulate issues in a way that eases decision making and drives action.

Specific requirements:

  • Experience of a risk management and/or control office function in a major financial institution.
  • Highly numerate with a strong analytical skill set
  • Broad industry knowledge encompassing Commercial Banking and Investment Banking.


Challenges

The Non-Financial Risk Framework and Three Lines of Defence operating model at SMBC EMEA are relatively immature (when compared to Tier 1 Banks). In addition, EMEA Operations has, to date, not had a dedicated risk and control capability and hence the “risk ecosystem” (including governance and MI) within EMEA Operations is also relatively immature.

  • EMEA Risk Management Expert

    2 weeks ago

    London, Greater London, United Kingdom MUFG Securities EMEA plc Full time

    MUFG Securities EMEA plc is committed to embracing diversity and building an inclusive culture. We're looking for a skilled Risk Management professional to join our team in the EMEA region. As a Risk Management Expert, you will play a key role in identifying and mitigating risks associated with our operations.Job SummaryWe are seeking a highly motivated and...

  • Financial Risk Manager

    3 weeks ago

    London, Greater London, United Kingdom Colliers International EMEA Full time

    Job DescriptionWe are seeking a highly skilled Financial Risk Manager to support our EMEA Occupier Services team. This 12-month fixed-term contract offers an exciting opportunity to work closely with key clients, internal departments, and stakeholders, ensuring effective cash flow management, risk assessment, and efficient operations.Key...

  • EMEA Operational Risk

    3 weeks ago

    London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    Job Description Purpose of Job The purpose of the EMEA Operations Risk & Control Manager is support the EMEA Operations Risk & Control Officer to ensure that within EMEA Operations: All risks are identified, assessed and managed in line with risk appetite. The control environment is robust, comprehensive, and effective. Staff operate in accordance with risk...

  • EMEA Operational Risk

    4 weeks ago

    London, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

    Purpose of JobThe purpose of the EMEA Operations Risk & Control Manager is support the EMEA Operations Risk & Control Officer to ensure that within EMEA Operations:All risks are identified, assessed and managed in line with risk appetite.The control environment is robust, comprehensive, and effective.Staff operate in accordance with risk policy, comply with...

  • EMEA Operational Risk

    2 days ago

    London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    Job Description Purpose of Job The purpose of the EMEA Operations Risk & Control Manager is to support the EMEA Operations Risk & Control Officer to ensure that within EMEA Operations: All risks are identified, assessed and managed in line with risk appetite. The control environment is robust, comprehensive, and effective. Staff operate in accordance...

  • Operational Risk Management Specialist

    3 weeks ago

    London, Greater London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    Job DescriptionRole OverviewWe are seeking an experienced Operational Risk Management Specialist to join our EMEA team. As a key member of our risk management function, you will play a critical role in supporting the identification, assessment, and mitigation of operational risks within our business.About the RoleThis is a unique opportunity to work with a...

  • EMEA EHS Operations Manager

    3 weeks ago

    London, Greater London, United Kingdom CBRE Enterprise EMEA Full time

    CBRE Global Workplace Solutions is a leading global provider of integrated facilities and corporate real estate management services. We are recruiting an EMEA IFM Lead based in London to oversee the delivery of all aspects of the facilities management scope of services.About the RoleThe IFM Lead for EMEA will be responsible for ensuring a consistent and...

  • Operational Risk Manager

    2 weeks ago

    London, Greater London, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

    Job SummaryWe are seeking a highly skilled Operational Risk Manager to join our team in EMEA. This role will support the EMEA Operations Risk & Control Officer in ensuring that risks are identified, assessed and managed within EMEA Operations.About the RoleThe EMEA Operations Risk & Control team is responsible for improving risk management capabilities...

  • EMEA Risk and Control Officer

    2 weeks ago

    London, Greater London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    About the JobThis is an exciting opportunity to join our EMEA Operations team as an EMEA Risk and Control Officer. The successful candidate will be responsible for identifying, assessing, and managing risks within EMEA Operations.The role involves working closely with risk owners, control owners, and senior management to ensure that the control environment...

  • EMEA Operations Risk

    1 month ago

    London, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

    Purpose of JobThe purpose of the EMEA Operations Risk & Control Officer is to ensure that within EMEA Operations:All risks are identified, assessed and managed in line with risk appetite.The control environment is robust, comprehensive, and effective.Staff operate in accordance with risk policy, comply with relevant regulation and behave in line with...

  • EMEA Operations Risk

    1 month ago

    London, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

    Purpose of JobThe purpose of the EMEA Operations Risk & Control Officer is to ensure that within EMEA Operations:All risks are identified, assessed and managed in line with risk appetite.The control environment is robust, comprehensive, and effective.Staff operate in accordance with risk policy, comply with relevant regulation and behave in line with...

  • EMEA Operations Risk

    1 month ago

    London,, UK, United Kingdom Sumitomo Mitsui Banking Corporation – SMBC Group Full time

    Purpose of JobThe purpose of the EMEA Operations Risk & Control Officer is to ensure that within EMEA Operations:All risks are identified, assessed and managed in line with risk appetite.The control environment is robust, comprehensive, and effective.Staff operate in accordance with risk policy, comply with relevant regulation and behave in line with...

  • Senior Risk Management Executive

    3 days ago

    London, Greater London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    Job SummaryWe are seeking an experienced Senior Risk Management Executive to join our EMEA Operations team at Sumitomo Mitsui Banking Corporation - SMBC Group.The ideal candidate will have a strong background in risk management, with experience in identifying, assessing, and mitigating risks within financial institutions.A key responsibility will be to...

  • EMEA Risk Management Specialist

    2 weeks ago

    London, Greater London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    Job OverviewThe role of the EMEA Operational Risk Control Manager is to support the EMEA Operations Risk & Control Officer in ensuring that all risks are identified, assessed and managed within EMEA Operations. This includes ensuring the control environment is robust, comprehensive, and effective.Evidence suggests that Commercial Banking and Investment...

  • Risk Governance Lead EMEA

    3 weeks ago

    London, Greater London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    Job DescriptionThe successful candidate will provide support to the EMEA Operations Risk & Control Officer, working closely with risk owners, control owners and other senior management within EMEA Operations to ensure that risks are identified, assessed and managed effectively.A key requirement is to provide insightful analysis of the risk and control...

  • EMEA Data Risk Management

    2 days ago

    London, United Kingdom Sumitomo Mitsui Banking Corporation - SMBC Group Full time

    The purpose of the EMEA Operations Risk & Control Manager is to support the EMEA Operations Risk & Control Officer to ensure that within EMEA Operations: All risks are identified, assessed and managed in line with risk appetite. Staff operate in accordance with risk policy, comply with relevant regulation and behave in line with SMBC’s values. The...

  • EMEA Tax Risk Manager

    2 weeks ago

    London, Greater London, United Kingdom Liberty Specialty Markets Full time

    **Job Title:** EMEA Tax Risk ManagerWe are seeking an experienced EMEA Tax Risk Manager to join our team at Liberty Specialty Markets. In this role, you will be responsible for identifying and mitigating tax risks associated with our operations in EMEA.The successful candidate will have a strong understanding of transfer pricing and international tax laws,...

  • Senior IT Risk Manager for EMEA CIO

    3 weeks ago

    London, Greater London, United Kingdom Nomura Full time

    Job Description:Nomura, a leading global financial services group, is seeking a highly experienced Senior IT Risk Manager to join our team in the EMEA region. As a key member of our Chief Controls Office (CCO), you will play a critical role in designing, implementing, and operating industry-leading technology risk management frameworks.About the Role:This is...

  • Global Supply Chain Coordinator

    2 weeks ago

    London, Greater London, United Kingdom Vita Coco EMEA Full time

    Vita Coco EMEA, a dynamic and ambitious business in the fast-growing coconut water market, is seeking a charismatic and results-driven Supply Chain Executive. This exciting role will play a vital part in coordinating our supply chain activities, ensuring efficiency while maintaining exceptional customer service levels.About Vita Coco EMEAWe're a passionate,...

  • Risk Governance Specialist EMEA

    2 weeks ago

    London, Greater London, United Kingdom Airwallex Full time

    About the RoleThe Enterprise Risk Manager will oversee and manage enterprise and operational risk for Airwallex's EMEA entities. Key responsibilities include providing risk management advisory, support, and second-line oversight, as well as establishing and implementing the ERM framework, risk governance, relevant policies, and procedures.