At a Glance
- Tasks: Shape and enhance the bank's risk framework while collaborating with senior stakeholders.
- Company: Join an international bank in London with a focus on operational risk management.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Fluent Mandarin is a plus; excellent career advancement opportunities await.
- Why this job: Make a real impact in risk management and develop your skills in a dynamic environment.
- Qualifications: Experience in Operational Risk/ERM/TPRM and strong stakeholder management skills required.
The predicted salary is between 60000 - 75000 £ per year.
This is a really good opportunity for someone who is already working in Operational Risk / ERM / TPRM and wants to step into a more hands-on, framework-building role with strong exposure to senior stakeholders. I’m currently working with an international bank in London that is looking to hire a Risk Control Officer to join their Risk Management team. This is not just a reporting role — you’ll be heavily involved in shaping and enhancing the bank’s risk framework.
Location: London
Work style: 1 Day WFH
Salary: Competitive
Responsibilities
- Third Party Risk Management (TPRM)
- Support the rollout of the bank’s TPRM framework (aligned with PRA SS2/21)
- Assist in building policies, procedures, and reporting structure
- Review and challenge third-party risk assessments completed by 1LoD
- Support reporting of Material Third Parties (MTPs)
- Operational Risk Framework (ORMF)
- Help develop and maintain operational risk policies & standards
- Manage and enhance incident management framework (loss / near-miss)
- Conduct root cause analysis and follow through remediation actions
- Support product risk assessments for new services/products
- Assist departments in identifying risks and managing risk acceptance process
- RCSA (Risk & Control Self Assessment)
- Support building a more data-driven RCSA framework (not just tick-box)
- Help establish and maintain central control libraries
- Work with 1LoD on process mapping to identify key risks and control gaps
- Facilitate RCSA workshops with business teams
- Track control effectiveness and remediation actions
- Support control attestation process
- Incident Management
- Oversee collection and analysis of loss and near-miss data
- Ensure incidents are properly recorded, categorised, and closed
- Track remediation actions to avoid repeat issues
- Use data for trend analysis / thematic reviews
- Risk Profiling & Challenge (2LoD)
- Support development of risk profiles for business units (1LoD)
- Challenge RCSA outputs and ensure gaps are properly addressed
- Work with stakeholders to develop meaningful KRIs
- Track and escalate risk issues where needed
- Governance, Reporting & Risk Appetite
- Support risk reporting to senior management and committees (RCC)
- Assist in preparing high-quality governance papers
- Maintain risk taxonomy across the bank
- Monitor performance against Risk Appetite Statement (RAS)
- Support improvements to non-financial risk appetite
- Training & Advisory
- Deliver operational risk training to business teams
- Act as a 2LoD advisor for risk-related queries
- Promote stronger risk awareness across the bank
Requirements
- Experience in Operational Risk / ERM / TPRM within banking
- Solid understanding of Three Lines of Defence model
- Familiar with PRA / FCA regulations (especially SS2/21 / Operational Resilience)
- Hands-on experience with RCSA, incident management, risk reporting
- Experience supporting senior governance / committees
- Strong stakeholder management skills
- Good Excel & PowerPoint
- Fluent English, Mandarin is a plus
Mandarin Speaking-Risk Control Officer Banking in London employer: ABL Recruitment
Join an international bank in London that prioritises employee development and offers a dynamic work culture focused on collaboration and innovation. As a Risk Control Officer, you will not only enhance your skills in Operational Risk but also gain invaluable exposure to senior stakeholders while contributing to the bank's risk framework. With competitive salaries, flexible work arrangements, and a commitment to fostering a supportive environment, this role is perfect for those seeking meaningful and rewarding employment.
