Operational Risk Specialist

2 months ago


Milton Keynes, United Kingdom The Curve Group Full time
Operational Risk Analyst

About the Role

We are seeking an experienced Operational Risk Analyst to join our Risk & Compliance team. As an Operational Risk Analyst, you will play a critical role in managing the Bank's approach to Operational Risk by supporting the enhancement of the Bank's control framework.

Key Responsibilities

  • Conduct assurance of control testing across all functions to ensure adherence to policies and risk appetite.
  • Assess the risks associated with first line of defence (1LOD) business line activities and assist in compiling and maintaining a complete control framework for risk management activities.
  • Support the business lines and functions to identify risks from the First Line and provide recommendations for remediation, improvement of controls, staff training or coaching.
  • Develop Key Risk Indicators (KRIs) and risk appetite metrics with divisions in accordance with the Bank's Risk Appetite.
  • Support business areas with Risk & Control Self Assessments to ensure all processes are captured and create Standard Operating Procedures (SOP) to support the RCSA output.
  • Produce high-quality reports/presentation packs for sharing with key stakeholders and maintain a full audit trail with clear records to support review conclusions.

Requirements

  • Experience of 'incident management' and knowledge of UK banking (Customer Service, Credit, Financial Crime, Operations) and risk management & controls principles appropriate to the three lines of defence model.
  • Knowledge and understanding of risk control arrangements and regulatory environment.
  • Excellent attention to detail and strong team skills.
  • Ability to think creatively when resolving problems and/or identify alternatives where established procedures may not exist.

What We Offer

We offer a highly attractive reward package, including 25 days holiday entitlement increasing with service, Pension Plan, Private Medical Insurance, Dental Cover, Income Protection, Life Assurance, and Employee Referral Bonus.



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