Junior Operational Risk Officer

2 weeks ago


London, United Kingdom MARKET TALENT Full time

**Job Purpose**
- The operational risk team support risk-based decision-making by the Board and Executive management at the bank through the design, operation, and monitoring of the Risk Management Framework ('RMF) and the Operational Risk Management Framework (ORMF), includingmonitoring compliance with the Banks Risk Appetite Statement (RAS) and related underlying policies, while co-ordinating related assurance, oversight and challenge activities.
- The Operational Risk Associate will be required to support the Operational Risk Team, driving the development, implementation, and maintenance of the Bank’s 2nd line of defence.

**Key responsibilities and accountabilities**:

- Developing and maintaining strong relationships with key stakeholders
- Management and oversight of the end-to-end Events Management process
- Tracking closure of RCSA & Risk Event actions, ensuring Risk Events trigger a review of corresponding RCSA risks & controls.
- Maintaining master RCSA and Risk Event inventories and other Operational Risk records and data.

Supporting the Operational Risk Lead with the management and update of the:

- Operational Risk Management Framework
- Risk Event Standard
- Risk and Control Self-Assessment Standard
- Model Governance Policy
- Product Governance

**Requirements**:

- Perfect opportunity for a banking professional who is looking to start a career in Risk.
- Familiarity with banking products and processes.

Desirable
- Operational Risk Management from a first line of defence perspective or equivalent.
- **For more jobs like this, search Market Talent on google - go direct to our website for more live roles and even set up your own job alerts.**_


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