Senior Risk Officer

Senior Risk Officer

Full-Time 36000 - 60000 £ / year (est.) No home office possible
Go Premium
ABN AMRO Bank N.V.

At a Glance

  • Tasks: Oversee and optimise risk management processes across the bank.
  • Company: Join ABN AMRO, a forward-thinking bank focused on sustainability and innovation.
  • Benefits: Meaningful projects, diverse team, personal growth opportunities, and commitment to equal pay.
  • Why this job: Make a real impact in risk management while working with a dynamic and inclusive team.
  • Qualifications: Experience in corporate banking risk functions and strong understanding of risk management methodologies.
  • Other info: Embrace a culture of transparency and continuous learning.

The predicted salary is between 36000 - 60000 £ per year.

The Senior Risk Officer is positioned in the Risk department and reports to the Chief Risk Officer UK. The UK Risk Department provides oversight of credit, operational, reputational, regulatory and other non-financial risks in the ECRO’s geographical area of control. The objective of the department is to advise on optimising the risk profile and managing all uncontrolled risks for the local organisation through:

  • Providing an integrated overview across the risk taxonomy
  • Providing an integrated management framework of risk across businesses within AAB UK
  • Ensuring a single point of contact towards (local) regulators for risk matters
  • Monitoring and regular reporting of risks in a clear and concise manner
  • Effecting checks to ensure adoption of policies, plans, rules and procedures to decrease the risk of unexpected losses or damage to the bank’s financial position and reputation

The function of the Senior Risk Officer is to assist in ensuring that the UK Risk Department meets its objectives. The Senior Risk Officer has the following responsibilities:

Set Standards and Best Practices
  • Assist with ensuring risk policies set globally as well as locally are applied and adhered to
  • Assist with optimising systems and procedures to implement and monitor adherence to the risk policies and appetite of the bank
  • Assist in ensuring that systems and procedures effectively identify, measure, monitor and control credit risk, as well as non-financial risks incurred by the bank
  • Assist in evaluating risk management frameworks and the assessment and measurement of risk
  • Assist with managing local risk processes to ensure an integrated approach, operational efficiency, effectiveness and the application of best practice
Monitor and Assist with Management of the Risk Processes
  • Assist with ensuring the existence of independent risk management processes and discipline and consistency with risk standards, policy and appetite
  • Assist with monitoring control processes for financial and non-financial risks
  • Assist in identifying risk control weaknesses, report them and require corrective actions as necessary
  • Respond to or elevate recognised and potential risk issues to the appropriate persons as soon as they are discovered
Monitor and Assist with Managing Risk Exposure Across AAB UK
  • Analyse content of the (monthly) Risk and (quarterly) Enterprise Risk Management dashboards submitted by 1st and 2nd line risk owners
  • Assist with the full embedment of the Risk Management Framework in the UK including all Operational Risk instruments
  • Review and analyse Operational Risk Incidents reported to UK Risk and ensure they are captured within AGRC and reported to the UK Risk Committee
  • Assist with monitoring operational risk regularly including participating in the completion of the country-wide annual Risk Self-Assessment (RSA) process
  • Assist with Local and Entity Level Control Assessment requirements
  • Assist in the preparation of a country-wide Strategic Risk Assessment (SRA) annually
  • Participate in the preparation of a country-wide Risk Appetite Statement annually with quarterly reviews and updates as necessary
  • Facilitate the Change Risk Assessments process with the Change owners advising on Operational Risk issues
  • Coordinate 2nd line assessment of new products and product reviews
  • Review credit proposals presented to the ECRO by the Transaction Banking Hub and approve within personal credit authority or make recommendations for approval
Representation, Networking, and Knowledge Transfer
  • Foster a transparent, risk conscious culture via the development and maintenance of a network of internal and external relationships
  • Provide transparency and internal visibility of the risk competence
  • Assist with internal risk management training offerings

At ABN AMRO, we believe in "Banking for better, for generations to come." Equal opportunities for everyone are a crucial foundation, as we strive for an inclusive culture where all employees feel seen, heard, and valued. Our vision of being a personal bank in the digital age aligns perfectly with the demand for surprising insights and innovative solutions, born from a diverse interplay of cultures and experiences. We focus on customer experience, sustainability, and building a future-proof bank, conducting annual reviews to ensure equal pay for equal work. Join a bank that embraces ingenuity and ambition, and make an impact with us for a better future.

Your profile
  • Banker with proven track record within a risk function in corporate banking with an excellent understanding of risk management methodologies for both financial and non-financial risks
  • Strong understanding of risk management tools and the individual instruments within a Risk Management Framework
  • A working knowledge of banking regulation and regulatory requirements, as well as other legal and compliance requirements
  • Reasonable understanding of bank IT systems, management information, and reporting systems
  • Very good working knowledge of Excel, Word, PowerPoint and other Microsoft Applications

What we offer: Joining ABN AMRO means working on meaningful projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be.

Interested? Please apply via the button below.

Senior Risk Officer employer: ABN AMRO Bank N.V.

At ABN AMRO, we pride ourselves on being an exceptional employer that fosters a culture of inclusivity and innovation. Our commitment to employee growth is evident through meaningful projects that challenge you both professionally and personally, while our diverse work environment encourages collaboration and the sharing of unique perspectives. Join us in the UK, where you can make a significant impact in the banking sector and contribute to a sustainable future.
ABN AMRO Bank N.V.

Contact Detail:

ABN AMRO Bank N.V. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Officer

✨Tip Number 1

Network like a pro! Reach out to current employees at ABN AMRO or in the risk management field. A friendly chat can give us insider info and maybe even a referral, which can really boost our chances.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of risk management frameworks and regulatory requirements. We want to show that we’re not just familiar with the basics but can also discuss how they apply to real-world scenarios.

✨Tip Number 3

Practice common interview questions related to risk management. Think about how we can demonstrate our experience with credit and operational risks. The more we rehearse, the more confident we’ll feel!

✨Tip Number 4

Don’t forget to follow up after interviews! A quick thank-you email can keep us fresh in their minds and shows our enthusiasm for the role. Plus, it’s a great chance to reiterate why we’re the perfect fit.

We think you need these skills to ace Senior Risk Officer

Risk Management
Credit Risk Assessment
Operational Risk Management
Regulatory Compliance
Risk Analysis
Risk Reporting
Microsoft Excel
Microsoft Word
Microsoft PowerPoint
Communication Skills
Problem-Solving Skills
Stakeholder Management
Training and Development
Attention to Detail

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management. Use keywords from the job description to show that you understand what we're looking for.

Showcase Your Skills: Don’t just list your skills; provide examples of how you've applied them in previous roles. This will help us see how you can contribute to our team and the objectives of the UK Risk Department.

Be Clear and Concise: When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point about your qualifications and experiences.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people and shows your enthusiasm for joining our team!

How to prepare for a job interview at ABN AMRO Bank N.V.

✨Know Your Risk Management Framework

Make sure you have a solid understanding of risk management methodologies and tools. Brush up on the specific instruments within a Risk Management Framework, as well as banking regulations. This knowledge will help you demonstrate your expertise during the interview.

✨Prepare for Scenario-Based Questions

Expect to face scenario-based questions that assess your ability to identify and manage risks. Think of examples from your past experience where you've successfully navigated risk issues, and be ready to discuss how you approached them and what the outcomes were.

✨Showcase Your Analytical Skills

As a Senior Risk Officer, analytical skills are crucial. Be prepared to discuss how you analyse risk data and dashboards. Bring examples of how you've used data to inform decision-making and improve risk processes in previous roles.

✨Emphasise Communication and Networking

Highlight your ability to foster relationships and communicate effectively with both internal and external stakeholders. Share experiences where you've built a transparent risk culture or conducted training sessions, as this aligns with the role's emphasis on representation and knowledge transfer.

Senior Risk Officer
ABN AMRO Bank N.V.
Go Premium

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>