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Operational Risk Director

  • Location: City of London
  • Salary: Up to £120,000
  • Job type: Permanent
  • Job reference: PH/167982
  • Sector: Banking, Other Financial Services
Job Description

This is a Director level role and will manage a team of 6.

Main Purpose of the Role:

  • To manage the Primary markets Operational Risk Management Function
  • Influence Regional & Global strategy on Operational Risk through attending the Operational Risk and other key risk and control forums/committees.
  • Contribute to the design, planning, and implementation of the Operational Risk Management Framework across the EMEA region.
  • Support in the development and delivery of the medium to long term objectives/actions within the operational risk framework.
  • To ensure that the Operational Risk objectives are in line with the agreed budget.
  • Provide support for any changes to the Operational Risk Framework as well as robust 2nd Line challenge to ensure the effective identification and management of operational risk and control weaknesses by the divisions.
  • Review the operational risks of new products and material change projects.
  • To analyse the operational risks and effectiveness of the region’s operational risk management reporting arrangements, and identify appropriate actions to improve overall reporting for the function.
  • To build close and continuous relationships with key individuals within the 1st Line, and ensure their control weaknesses and concerns are addressed proactively. Liaise and co-operate with Head Office to ensure that HO initiatives are met.
  • To support and provide input into activities within the wider senior management team.

To discuss the role in more detail please get in touch.

 

 

 

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