Operational Risk Associate

5 months ago


Bracknell, United Kingdom Foundation Home Loans Full time

**About us**:
Foundation Home Loans are a specialist mortgage lender, based in Bracknell in Berkshire. We are specialists because we understand the market and because we know that not everyone has straightforward requirements when it comes to mortgages.

We are looking to enhance our team and currently have a vacancy for an experienced Operational Risk Associate.

**Purpose of Role**:
The purpose of this role is to provide support to the Operational Risk Manager in the maintenance, execution and ongoing development of the Risk Management Framework, as well supporting the delivery of Incident Management and Operational Resilience activities.

The role holder will be a part of the second line Risk team ensuring appropriate support, challenge and guidance to the business in a timely and pragmatic manner, ensuring Risk processes are embedded within the Company.

**Core Key Accountabilities**:

- Produce timely and accurate Risk MI for inclusion in relevant reporting for Board and Committees, in line with the Terms of Reference, whilst ensuring reporting content remains fit for purpose
- Assist with the updating of the Company’s overarching Risk Management Framework and associated Policies & Process documents
- Support the administration of the Company’s Risk Appetite Framework and monitoring, reporting and maintaining the suite of Risk Metrics/KRIs, ensuring these are reviewed with business owners on a periodic basis and offering challenge where appropriate
- Support the maintenance and review of the Company’s Risk Registers by way of a comprehensive Risk & Control Self-assessment (RCSA) process, and offering challenge where appropriate
- Administer the Company’s incident management process, maintaining incident logs
- Administer the Company’s Data Protection breach process maintaining the breach log and PIA assessment process
- Support with the maintenance of the Company’s operational resilience planning (including the Business Continuity arrangements) ensuring that they are maintained and challenged for appropriateness
- Provide support on projects to implement changes and/or respond to new risk based legal and regulatory guidance

**Key Competencies required**:

- Ability to analyse and interpret complex issues and provide advice and constructive challenge
- Ability to understand and convey information clearly and help others understand risk issues in a logical and pragmatic way
- Able to manage multiple tasks concurrently, prioritise appropriately and manage stakeholders
- Able to work well as part of a team
- A strong communicator, possessing an ability to build networks of contacts across the organisation
- Be open-minded and willing to adapt their style to suit the needs of the organisation
- PC literate, able to prepare effective presentations and reports. Strong Excel and Powerpoint skills will be required

**Our people embrace our values**:
**Fair** - We are open minded and make unbiased, consistent decisions.

**Accountable** - We take ownership of situations so that our customers experience efficiency**.**

**Customer first** - We understand what our customers want and build strong relationships**.**

**Transparent**:

- We communicate clearly and concisely, ensuring that we are open with information.

Joining our team as a Risk Associate offers an exciting opportunity to contribute to the dynamic field of risk management within the financial services sector.

Pay: £35,000.00-£45,000.00 per year

**Benefits**:

- Company events
- Enhanced maternity leave
- Enhanced paternity leave
- Free parking
- Health & wellbeing programme
- Life insurance
- On-site parking
- Private medical insurance
- Referral programme

Schedule:

- Monday to Friday

Supplemental pay types:

- Bonus scheme

Work Location: Hybrid remote in Bracknell



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