At a Glance
- Tasks: Join us to enhance our Operational Resilience and Crisis Management strategies in a dynamic banking environment.
- Company: Be part of an international bank located in the vibrant City of London.
- Benefits: Enjoy a permanent position with opportunities for professional growth and development.
- Why this job: Make a real impact by preventing service disruptions and shaping resilience policies in a collaborative culture.
- Qualifications: Bring over 3 years of operational risk experience and a strong understanding of regulatory requirements.
- Other info: Engage in training workshops and contribute to a culture of resilience across the organization.
The predicted salary is between 48000 - 72000 £ per year.
We are Hiring for a Permanent Position of Operational Resilience role in an International Bank Based in City of London. JOB ROLE Operational Resilience & Crises Management has the ability to prevent disruptions to its critical services from occurring. A multifaceted risk management associate who can perform the fundamental roles of an Operational Resilience & Crises Management associate, which include assisting the Deputy Manager – Operational Resilience in the development of the Operational Resilience Framework, assist in the implementation of the Bank’s Operational Resilience Management Program, and identify gaps in process and controls. 2 JOB RESPONSIBILITY Operational Resilience: * Develop, review and coordinate implementation of Operational Resilience Policy. * Develop, coordinate, and monitor the action plan for Operational Resilience. * Design and delivery of new controls and procedures in response to areas of Operational Resilience in regulation/legislation, feedback from the business, operational risk and technology changes. * Support process owners in the development, review, and overall execution of the BIA process. * Identify main assets to be considered from the Business Impact Analysis results * Ensure to obtain base information from collaborating areas (eg. list of local applications, Local Risk tolerance) * Provide training to the correspondents on how to complete the BIA questionnaire. * Develop a consolidated BIA report, ensuring its validation and sign off * Coordinate and support the development and execution of Third-Party assessments. * Be the pont of contact for first line Operational Resilience related matters. * Represent the Bank under the guidance and supervision of Head of Operations in any group Operation Resilience programmes and is embedding into the Bank. * Be an active member of the OR Working Group, coordinating the reporting from the Working Group to the governance committees of the Group. * Undertake a systematic review of all policies, procedures and checklists to ensure they are robust, scalable and meet the business requirements. * Represent the Operational Resiience team in all relevant meetings and forum. * Review/challenge the Operational Risk impact to new projects, ensuring the right controls are in place to mitigate/reduce any existing or new risks introduced. * Participate in the Incident Management process, providing support to the Business lines in ensuring the right actions are in place. * Creation of governance reporting as required. * Assist in providing oversight of Cyber Resilience, IT Resilience, and Business and IT Continuity. * Assist in Designing Work Shops and Training for the staff on Operational Resilience. * Assisting in Testing of effectiveness of plans. * Assist in enhancing and embedding Operational Resilience Culture. This would be done through survey, quiz, test, user trainings, workshops, Board agenda etc. * Assist in collecting MI and monitoring for Senior Management and the Board. * Record keeping and ensuring that all the GDPR practices are followed during data dealing and record keeping. PERSON SPECIFICATION * Over more than 3 years’ experience in operational risk in the Bank * Experience in working with the team * Understand the requirement of the Regulator * Knowledge of Operational Risk * Ability to produce work in tight deadlines and under pressure
Operational Resilience employer: Quantum Group
Contact Detail:
Quantum Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Resilience
✨Tip Number 1
Familiarize yourself with the latest regulations and legislation related to Operational Resilience. Understanding these requirements will not only help you in interviews but also demonstrate your commitment to staying updated in this critical field.
✨Tip Number 2
Network with professionals in the banking sector, especially those involved in Operational Resilience and Risk Management. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you successfully identified gaps in processes or implemented new controls. This will showcase your practical knowledge and problem-solving skills during the interview.
✨Tip Number 4
Stay informed about current trends and challenges in Operational Resilience, such as Cyber Resilience and IT Continuity. Being able to speak knowledgeably about these topics will set you apart from other candidates.
We think you need these skills to ace Operational Resilience
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Operational Resilience position. Understand the key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to highlight relevant experience in operational risk management. Emphasize your ability to develop policies, coordinate action plans, and support process owners, as these are crucial for the role.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of operational resilience and crises management. Mention specific examples from your past work that demonstrate your skills and achievements related to the job.
Highlight Relevant Experience: In your application, focus on your experience in operational risk within a banking environment. Discuss any relevant projects or initiatives you've led or participated in, especially those involving policy development and risk assessment.
How to prepare for a job interview at Quantum Group
✨Understand the Operational Resilience Framework
Make sure you have a solid grasp of what an Operational Resilience Framework entails. Be prepared to discuss how you can contribute to its development and implementation, as this will show your understanding of the role's core responsibilities.
✨Demonstrate Your Risk Management Experience
Highlight your experience in operational risk management, especially within a banking context. Prepare specific examples of how you've identified gaps in processes and controls, and how you've successfully implemented solutions.
✨Showcase Your Communication Skills
As this role involves training and coordinating with various stakeholders, be ready to demonstrate your communication skills. Share examples of how you've effectively communicated complex information to different audiences in the past.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities under pressure. Think about past experiences where you had to manage crises or implement resilience strategies, and be ready to discuss your thought process and actions taken.