Risk Assurance Manager

2 weeks ago


City of London, United Kingdom MARKET TALENT Full time

The Risk Assurance Manager is responsible for providing the Bank’s Operations and Technology teams, and the front office environments with a best practice Risk Assurance capability that delivers timely identification, evaluation, monitoring and reportingof risk and control issues.

We are seeking a Risk professional with a minimum of 2 years of experience, ideally in the banking sector, with must-have expertise in **Credit Risk.**

**Responsibilities**:

- Oversee the "Three Lines of Defence Model" for the bank.
- Ensure risk processes are embedded, via a range of mechanisms, into the bank and that risk management becomes a priority component of 'business as usual’ activity.
- Maintain the on-going evolution of a Risk Event Reporting (RER) capability and the Operational Risk Register, which is used to guide the bank in the management of its operational risks and ultimately, managing Operational Risk loss reporting.
- Maintain the bank’s Enterprise Risk Register management, covering all key risks.
- Identify, collate, assess and report on a range of Key Risk Indicators internally and at Group level.
- Report to the bank’s ARCC (Audit, Risk and Compliance Committee).
- Manage independent oversight of internal system Access Controls for the bank.
- Oversee all physical access and controls (keys, Treasury related platforms etc.) and Power of Attorneys.
- Undertake branch risk assessments.
- Maintain a strong understanding of existing and planned future strategic intentions to ensure that risk related processes can change and be established in a timely fashion rather than reactively.
- Control and oversee the bank’s Business Continuity and Disaster Recovery planning for UK.
- Chair and manage the bank’s OTCO (Operations and Technology Committee).
- Implementing best practice and Group and Audit related Data Protection and Information Security directives.
- Internal reporting and breach reporting to the Information Commissioner.
- End-to-end management for 'Data Subject Access Requests’.
- Experian, Acuity, Bankers Almanac etc. for credit referencing and Compliance.
- Data Protection Officer for the bank

**Experience & Skills**
- More than 4 years in banking Operational Risk, Credit Risk, and Governance to build best practice regulatory based controls and back office operational processes including:

- Delivering full end-to-end solutions for a best client experience by initiating improved back office processes
- Designer for practical implementation of an Operational Risk framework including Risk Event Reporting; Residual Key Risks mitigation.
- Detailed Practical knowledge of ISO 22301:12 (Business Continuity Management Systems).
- Robust practical understanding of CASS including BONY and Credit Suisse user platforms.
- Using Conduct Risk as an overarching principle based on regulatory and governance topics

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