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Operational Risk Management Specialist

2 months ago

Slough, Slough, United Kingdom Ultimate Banking Full time
About the Role

The Ultimate Banking is seeking an experienced Operational Risk Officer to join our team. As a key support to the Chief Risk Officer, you will play a crucial role in ensuring the effective management of operational risks across the organization.

Key Responsibilities
  • Develop and maintain a robust Risk Management Framework (RMF) and associated processes to ensure compliance with regulatory expectations.
  • Provide assurance reviews to ensure good governance and oversight of operational resilience.
  • Collaborate with the Risk Officer (Financial Risk) and Compliance team to provide a responsive and proportionate approach to managing risk.
  • Identify opportunities for improvements and greater efficiencies while remaining within risk appetite.
  • Develop and maintain knowledge of key legal and regulatory frameworks relating to risk in the financial services sector.
Requirements
  • Operational Risk management experience within financial services, ideally in a second line risk function.
  • Knowledge of Operational Risk and Resilience Frameworks, Recovery and Resolution planning, and involvement in Third Party Risk Management oversight.
  • Risk Management qualification would be advantageous but not essential.
What We Offer
  • A competitive salary dependent on experience.
  • A generous holiday allowance and contributory stakeholder pension scheme.
  • Access to our free NBS Rewards discounts and wellbeing programmes.
  • Two paid days of volunteering every year to help with causes you feel passionately about.