At a Glance
- Tasks: Manage and enhance risk frameworks while collaborating across all business functions.
- Company: Join a forward-thinking bank focused on operational excellence and risk management.
- Benefits: Enjoy competitive salary, 25 days holiday plus your birthday off, and hybrid working.
- Other info: Opportunity for professional growth with a supportive team and innovative projects.
- Why this job: Make a real impact in risk management and develop your career in a dynamic environment.
- Qualifications: 5+ years in operations risk, strong analytical skills, and excellent communication.
The predicted salary is between 50000 - 65000 £ per year.
As an Enterprise Risk Framework Manager you will liaise closely with all business functions, with a responsibility for successfully embedding internal processes, systems, losses arising from unauthorised activities, error, omission, inefficiency, fraud, systems failure or external events.
Key Responsibilities
- Support with the definition and embedding of minimum standards and processes and the governance structure for operational risk and internal control.
- Support the bank to embed Chetwoods risk management framework and the operational risk management policy.
- Provide support for the implementation and embedding of a ‘three lines of defence’ model for the management of risk.
- Maintain effective working relationships across all three lines of defence, enhancing risk’s value to the business.
- Provide oversight and challenge of risk and control self assessments (‘RCSAs’) completed by the business, which are used to identify and assess the material business risks and controls.
- Design and conduct control testing to ensure the Bank's controls are operating effectively.
- Support the senior manager, enterprise risk & assurance with principal risk analysis, which provide management with a quantified view of specific operational risks.
- Oversight the activity to refresh the assessment of risks, providing insight and advice and facilitating discussion with the bank's 1st line risk function.
- Reporting of internal issues and incidents, which are used to forecast typical losses, also utilising external data, which is used to inform risk assessments.
- Supporting the 1st line with management of issues and incidents to completion.
- Support 1st line projects by informing and offering guidance for the avoidance or treatment of risk.
- Assessment and management of operational risk within the risk appetite of Chetwood.
- Support the senior manager, enterprise risk and assurance with the ICAAP operational risk assessment process and facilitate the production of the ICAAP statement to the PRA.
- Provide subject matter expert knowledge and support at governance forums.
- Supporting the risk reporting process and the Risk Appetite Statement (both annual review and reporting).
Skills, Knowledge & Expertise
- A minimum of 5 years’ experience within an operations risk role.
- Excellent analytical ability, familiarity with associated tools.
- Knowledge of the UK financial services regulatory environment.
- An ability to think innovatively and broadly across the risk spectrum.
- Knowledge of regulatory capital requirements an advantage.
- Excellent communication and stakeholder management skills.
- Strong communication skills.
Job Benefits
- Competitive salary
- 25 days holiday PLUS your BIRTHDAY off
- Pension contribution with Royal London
- Life Assurance
- Private medical, dental and optical health insurance with Axa
- Hybrid working
- Free breakfast available
Enterprise Risk Framework Manager employer: Chetwood Bank
Contact Detail:
Chetwood Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Enterprise Risk Framework Manager
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. Show them you know their risk management framework inside out and how you can contribute to it. Confidence is key!
✨Follow Up
After an interview, don’t forget to send a thank-you email! It shows your enthusiasm and keeps you fresh in their minds. A little gratitude goes a long way in making a lasting impression.
✨Apply Through Our Website
Make sure to apply directly through our website for the best chance of landing that role. We love seeing candidates who take the initiative to engage with us directly!
We think you need these skills to ace Enterprise Risk Framework Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Enterprise Risk Framework Manager role. Highlight your experience in operational risk and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past experiences that relate to the responsibilities listed in the job description. Let us know what makes you tick!
Showcase Your Analytical Skills: Since this role requires excellent analytical ability, make sure to highlight any tools or methodologies you've used in previous roles. We love seeing how you approach problem-solving and risk management, so don’t hold back!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Chetwood Bank
✨Know Your Risk Frameworks
Make sure you brush up on the key risk management frameworks, especially the three lines of defence model. Be ready to discuss how you've applied these in your previous roles and how they can be embedded effectively in the new position.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities, particularly in assessing operational risks and controls. Use specific instances where your analysis led to improved processes or risk mitigation strategies.
✨Communicate Effectively
Since this role involves liaising with various business functions, practice articulating your thoughts clearly. Think about how you can convey complex risk concepts in a straightforward manner to different stakeholders.
✨Understand Regulatory Requirements
Familiarise yourself with the UK financial services regulatory environment and any recent changes. Being able to discuss how these regulations impact operational risk will show your depth of knowledge and readiness for the role.