At a Glance
- Tasks: Support the Risk Manager in monitoring and managing the Bank's risk profile and compliance.
- Company: Join a leading bank focused on robust risk management and compliance with regulations.
- Benefits: Enjoy remote working flexibility and opportunities for professional growth.
- Why this job: Be part of a dynamic team that shapes the Bank's risk culture and strategic objectives.
- Qualifications: Ideal for those with analytical skills and a keen interest in risk management.
- Other info: Opportunity to work on diverse tasks and contribute to important regulatory reports.
The predicted salary is between 36000 - 60000 £ per year.
In close co-operation with the Risk Manager, assist in the monitoring and have responsibility for the robust and sound management of the Bank’s risk profile and its overall compliance with the approved risk governance, risk policies, strategies, ICAAP, ILAAP, risk culture and awareness, PRA/FCA’s guidelines and other regulations to ensure that all business areas are aligned with the requirements of the established robust risk management framework to meet the Bank's strategic objectives.
To provide an oversight function over the day-to-day risk control, compliance and adherence to the risk appetite established by the governing body to ensure that the Bank maintains at all times adequate capital and liquidity in terms of the approved ICG, LCR, NSFR and ILG with the necessary daily and regular reports/information forwarded to Senior Management and other Bank Committees including action plans, challenges and recommendations to ensure effective implementation of risk management tools including internal systems and controls on a timely basis under both normal and stressed conditions and thus contribute to the smooth functioning of the distributed risk management framework.
To conduct ad-hoc tasks as required and assist in the preparation and review of policies, terms of reference, risk reports, ICAAP, ILAAP, RRP, annual report and correspondence to the regulators. Maintain and record the Bank’s incident log, ensuring that they are produced, executed, recorded and then distributed.
Data Officer - REMOTE WORKING employer: Morgan McKinley
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Data Officer - REMOTE WORKING
✨Tip Number 1
Familiarise yourself with the latest regulations and guidelines from the PRA and FCA. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to compliance and risk management.
✨Tip Number 2
Network with professionals in the banking and risk management sectors. Engaging with industry experts can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
✨Tip Number 3
Prepare to discuss specific risk management tools and frameworks you've used in previous roles. Being able to articulate your hands-on experience will set you apart from other candidates.
✨Tip Number 4
Stay updated on current trends and challenges in risk management, especially in the context of remote working. Showing that you understand how these factors impact the role will make you a more attractive candidate.
We think you need these skills to ace Data Officer - REMOTE WORKING
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Data Officer position. Make sure you understand the responsibilities, such as risk management and compliance, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience related to risk management, compliance, or data analysis. Use specific examples that demonstrate your ability to manage risk profiles and adhere to regulations.
Showcase Your Skills: Mention key skills that are relevant to the role, such as analytical thinking, attention to detail, and familiarity with regulatory guidelines. Provide concrete examples of how you've applied these skills in past roles.
Craft a Strong Cover Letter: Write a compelling cover letter that connects your background to the job requirements. Discuss your motivation for applying and how you can contribute to the Bank's risk management framework.
How to prepare for a job interview at Morgan McKinley
✨Understand the Risk Management Framework
Familiarise yourself with the Bank's risk management framework and policies. Be prepared to discuss how your experience aligns with their risk governance and compliance requirements.
✨Showcase Analytical Skills
Highlight your analytical skills during the interview. Provide examples of how you've successfully monitored risk profiles or managed compliance in previous roles, as this will demonstrate your capability to handle the responsibilities of the Data Officer position.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities under normal and stressed conditions. Think of specific situations where you had to implement risk management tools or respond to compliance challenges.
✨Demonstrate Communication Skills
Since the role involves reporting to Senior Management and other committees, showcase your communication skills. Be ready to explain complex risk concepts clearly and concisely, as well as how you would present findings and recommendations.