Operations Risk Administrator

**Operations Risk Administrator**
**Monday-Friday, 9am-5:30pm**
**Hybrid, 3 days in the office, 2 days at home**
**Up to £26,000pa**
Pure are pleased to be working with a leading wealth management organisation in Ipswich who are looking to recruit an Operations Risk Administrator.
Working collaboratively with the Risk and Compliance teams, Operational Risk supports the firm with reviewing or implementing processes, advising on risk and control issues, documentation and reporting, the continuous training and embedding the firm’s riskframeworks, and driving a culture of risk awareness and process-efficiency in the business.
**Key accountabilities**:
**Risk Management**:

- Assist the 1LOD with the identification and reporting of operating events to analyse where controls have failed and ensure actions are put in place to prevent recurrence. Monitor the timely escalation, quality and progress of all operating events and ensuredata is maintained between the Operating Event Log and Risks Register.
- Assist the business with the timely identification and resolution of dealing errors to minimise market risk and reduce cost. Ensure 1LOD mitigant actions are recorded and are sufficient to prevent recurrence. Log all dealing errors in the relevant log.
- Assist Operational Risk Executive with the investigation of operational risk themes and performing thematic risk reviews to drive operational efficiency and mitigate risk.
- Assist as required with end-to-end process reviews or the implementation of any proposed business changes.
- Champion the embedding of Risk policies and frameworks and a continuing culture of risk awareness with the wider business.
- Review, update and implement Standard Operating Procedures.

**Analysis & Reporting**:

- Maintain and regularly update the operating event and deal error data logs, as well as the firm’s Risk Register.
- Assist with managing the action and issue logs from items raised in operating events, Risk and Control Self Assessment’s or risk governance meetings.

**Organisational Assistance**:

- Organise and maintain the ongoing annual review schedule of departmental Risk and Control Self Assessments (RCSA’s) in line with the firms Risk Register, including outlook invitations.
- Assist with the collation of data and the preparation of visual presentation material for the risk governance structure or adhoc thematic risk reviews.
- Assist with the organisation of Executive and Manager diaries and book meetings as required.
- Assist with the oversight and allocation of group inbox items to ensure timely escalation of all issues.

**Competencies/skill set**:

- Getting Things Done; Delivers on agreed objectives promptly; prioritises workload; remains professional under pressure.
- Communication & Sharing Knowledge; Confident, clear and accurate with all communication. Maintains accurate records and makes effective use of new technology.
- Customer Service: Positive attitude to find solutions and ability to manage expectations through to delivery. Uses customer feedback to improve service.
- Effectiveness & Adaptability; Able to maintain a high volume of work, striving for continual improvements. Understands individual contribution in relation to corporate objectives. Presents a positive image and approach to change.
- Team Working; Shares knowledge, skills and experience with all colleagues; understands team goals; is cooperative and supportive of others.

**Qualifications/experience required**:

- An understanding of the UK Financial Services Regulatory Environment is desirable but not essential.
- CISI ‘introduction to investment’ qualification (or equivalent qualifications) is desirable, but the firm will sponsor the applicant to complete CISI or IRM qualification paths.
- The ability to work unaided and to use initiative in escalating issues.