Operations Business Controls

2 weeks ago


London, UK, United Kingdom IPOE Consulting Full time

International Bank based in the City of London, are looking to recruit an Operations Business Control & Project Manager. This is a permanent position, reporting into the Head of Operations, the position has no line management responsibilities and hybrid working is on offer (60/40 split)


Main responsibilities will include;


  • Overseeing business controls for functions covered by the Head of Operations (including deferral from Compliance to 1LoD), monitoring or testing the effectiveness of existing controls, promoting a culture of good compliance and risk awareness, performing regular Quality Assurance checking program across complete Operations area
  • Produce relevant MI and KPIs to demonstrate QA checks undertaken. Applying a risk based approach in line with each department’s Risk and Control Self-Assessment (RCSA).
  • Identify and implement process improvements like Straight Through Processing to enhance efficiency and effectiveness in operational workflows.
  • Collaborate with other departments to streamline cross-functional processes.
  • To provide cover for the Settlements team and be able to act as a reserve for the preparation and submission of transaction and trade reporting reports required under Mifid2 and EMIR.
  • Promoting a culture of continual improvement in respect of areas of specialty and to be key contact in New Product Analysis across the Operations space.
  • Advise on the development and testing of changes within functions covered by the Head of Operations including the new core banking system, Data Governance Framework and Data Cleansing. The direction of team members to ensure that adequate testing and stakeholder management is undertaken.
  • Assist in ensuring that Operational resilience is embedded in all processes and procedures across Head of Operations functions.


To be considered for this position, ideal candidates must have the following experience and skills;


  • Bachelor's degree in Banking Management, Business Administration, or a related field.
  • Prior experience of managing, setting and testing Controls in an Operations setting within a banking or financial services environment preferable.
  • Prior knowledge and understanding of banking legislation, policies, processes and procedures.
  • Proactive mindset and problem-solving capabilities.
  • Team player with the ability to work closely with others towards a shared goal.
  • Adaptability and ability to demonstrate a flexible approach in all areas of responsibility and willing to embrace new concepts and ideas.
  • Excellent people, organisation and presentation skills –ability to anticipate needs to achieve positive outcomes for all parties.
  • Intermediate Microsoft Office suite skills (Word, Excel, Powerpoint, Teams, Outlook, etc)


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