Risk Assurance Specialist
2 days ago
This is an exciting opportunity to join SilverRock Bank as a Risk Assurance Specialist. In this role, you will play a critical part in our risk management function, working closely with first line teams to identify and assess operational risks.
The successful candidate will have experience in operational risk management, with a strong understanding of regulatory requirements and risk systems. You will be able to assess and analyse operational risks, identify potential threats, and propose appropriate mitigation strategies.
You will contribute to the development and implementation of operational risk frameworks and controls, conduct regular reviews and updates of the Risk Control Self-Assessment (RCSA) content, and prepare and contribute to regular risk reports and updates for senior management, risk committees, and the Board.
In addition, you will support in any regulatory risk assessments, mainly focusing on EBA outsourcing requirements, operational risk and operational resilience. You will also contribute to the implementation and ongoing management of risk management software to improve risk data capture, aid consistency and provide support to users.
Key Responsibilities- Develop and implement operational risk frameworks and controls
- Support the development, tracking, and reporting of Key Risk Indicators (KRIs)
- Contribute to the implementation and ongoing management of risk management software
- Operational risk framework experience: Understanding of operational risk management practices, including development, implementation, and monitoring of risk controls
- Risk control self-assessment (RCSA) experience: Experience in conducting and supporting RCSA processes to identify and mitigate operational risks across various business units
- KRI development and monitoring: Knowledge of Key Risk Indicators (KRIs), risk appetite metrics, and their application in risk reporting and management
Estimated Salary: £60,000 - £80,000 per annum
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