Operational Risk Management Specialist

1 week ago


Milton Keynes, Milton Keynes, United Kingdom Allica Bank Full time
About the Role

Allica Bank is seeking an experienced Operational Risk Manager to join our team. As a key member of our Operational Risk team, you will play a crucial role in maintaining the Operational Risk Management Framework (ORMF) and supporting the Senior Operational Risk Manager in implementing the bank's Operational Risk Assurance plan.

Key Responsibilities:

  • Maintain the Operational Risk Management Framework (ORMF) and related Second Line policies and procedures.
  • Support the Senior Operational Risk Manager in implementing the bank's Operational Risk Assurance plan.
  • Undertake Control testing and Assurance reviews.
  • Work with the First Line of Defence to support the bank's Risk and Control Self-Assessment (RCSA) and administration of the bank's annual RCSA refresh.
  • Operationally maintain the bank's risk event reporting system and processes.
  • Provide quantitative and qualitative input into the Bank's Operational Risk Reporting.
  • Maintain the bank's Risk Register so that risks are up to date with action plans on track and regular follow-ups.
  • Support the Senior Operational Risk Manager with regular deep-dive reviews of the bank's Operational Risk profile.
  • Support the Senior Operational Risk Manager with Operational Risk scenario analysis across the business to include input into the Bank's ICAAP and ILAAP.
  • Support the Senior Operational Risk Manager, in maintaining the bank's Risk Appetite Statement and Risk Management Framework.
  • Support the Senior Operational Risk Manager, Chief Compliance Officer and Chief Risk Officer in providing analysis of the Bank's overall risk profile, including monthly reporting and monitoring of Key Risk Indicators.

Requirements:

  • Strong Operational Risk knowledge and experience including RCSAs, Controls and Risk Libraries, Risk Event reporting, Risk Registers.
  • Focused upon delivering results and meeting deadlines.
  • Good, clear communicator.
  • Ability to provide necessary challenge in a constructive manner.
  • Strong team player.

About Allica Bank:

Allica Bank is the UK's fastest growing company and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in fintech.

Our employees are at the heart of everything we do, so our benefits are designed with you in mind:

  • Full onboarding support and continued development opportunities.
  • Options for flexible working.
  • Regular social activities.
  • 25 days holiday – with the option to Buy/Sell.
  • Pension contributions.
  • Discretionary bonus scheme.
  • Private health cover (with the option to add family members).
  • Life assurance.
  • Income Protection.
  • Family friendly policies including enhanced Maternity & Paternity leave.
  • Season ticket loans.


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