Second Line Operational Risk Analyst

3 weeks ago


London, Greater London, United Kingdom SilverRock Bank Full time
About the Job

We are seeking a Second Line Operational Risk Analyst to join our team at SilverRock Bank. In this role, you will be responsible for identifying and mitigating operational risks across the organisation, working closely with first line teams to identify and assess operational risks.

The ideal 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
Requirements
  • 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: £65,000 - £90,000 per annum



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