Maintain processes within the business for risk assessment, review of risk incidents and risk returns, analysis of trends and identification of emerging risks.
Maintain the Risk Registers and associated reporting
Perform the responsibilities of Fraud Officer covering production orders and assist with content of staff training material.
Review and challenge the operational plans (eg Business Continuity, Cyber Security) and risk policies (including Information Security and Data Protection, Computer Security, Computer Use and Electronic Communications policies).
Maintain the Operational Risk Policy and related documents.
Monitor and interpret regulatory developments (eg SYSC, Policy Statements and Supervisory Statements) and attend relevant industry fora.
Monitoring and review;
Undertake monitoring activity to identify failures to follow procedures or policy.
Undertake thematic reviews to identify weaknesses in policy or procedures.
Monitoring of Key Risk Indicators and setting of Early Warning Indicators.
Reporting risk review outcomes and key risks identified.
Review and enhance the stress tests undertaken within the group.
Attendance at relevant project boards.
Track record in financial services
Experience working in operational risk is essential
Experience in developing and documenting new risk policies and processes
Understanding of regulatory risk, credit risk and treasury risk beneficial
Competitive salary - up to £65,000 - Permanent role