At a Glance
- Tasks: Champion risk management practices and ensure compliance with risk appetite in key business services.
- Company: Join a leading financial services firm focused on non-financial risk excellence.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic role with opportunities to improve processes and collaborate across teams.
- Why this job: Make a real impact by enhancing risk management and supporting business continuity.
- Qualifications: Strong analytical skills, relationship building, and experience in risk management.
The predicted salary is between 60000 - 80000 β¬ per year.
Requirements
- Confident relationship building and negotiation with stakeholders
- Systematic and efficient work organization
- Clear MI Reporting with attention to detail
- Critical thinking and analytical judgment
- Continuous process improvement mindset
- Understanding of internal and external risk frameworks and ability to map controls and metrics accordingly
- Questioning mindset and critical assessment of evidence
What the job involves
The Business Control Officer, Non-Financial Risk works within a wider First Line Business Control Office function but aligned to key Important Businesses. The role focuses on championing high-quality risk management practices, assessing and monitoring the risk profile of the EquityClear, RepoClear and CaLM Important Business Services, and ensuring compliance with risk appetite to promote a culture of risk excellence.
The role will play a key part in the development and embedding of a robust 1st line non-financial risk management culture in the first line. They will ensure that operational (and other non-financial) risks are identified, owned, measured, monitored, managed and reported in order that they can be managed within an acceptable appetite and in an efficient manner to enable informed decisions to be taken and to manage threats and exploit opportunities.
Supports business stakeholders in delivering and maintaining risk and control assessment, including risk evaluation and measurement, and ensures that effective risk remediation actions are identified to address control vulnerabilities. Maintains and updates risk framework, ensuring sound risk governance, aligned with best practice and strategic objectives and effective reporting to relevant stakeholders.
Ensures all identified risk remediation activities identified for 'Outside Risk Tolerance' risks are tracked and reported within relevant governance forums. Contributes to the collation and preparation of materials for relevant risk reporting committees.
Supports the LCH Business Continuity Officer with the development of elements of the Non-Financial Risk Framework and executes on the agreed risk management strategies. Seeks opportunities to improve the effectiveness and efficiency of the Non-Financial Risk Function.
Develop and implement recommendations to enhance risk monitoring and reporting as defined by the BCO leadership team. Collaborate with Control Owners in their coverage area to ensure mitigation of risks outside of risk appetite.
Partner with Business, Engineering and BCO teams to embed effective controls into operation. Identify, assess and mitigate, as part of wider team, non-financial risks arising from people, processes, systems and external events.
Support the design and execution of risk assessment, control testing and scenario analysis. Strengthen organisational resilience by supporting improved governance, controls and business continuity planning initiatives.
Ensure adherence to regulatory expectations and internal risk management frameworks. Provide LCH Business Controls Officer and Important Business Services' Leadership Team with clear, non-financial risk MI to support informed decision making.
Securities & CALM BCO Senior Associate employer: Deepstreamtech
As a leading employer in the financial services sector, we pride ourselves on fostering a culture of excellence and continuous improvement. Our team-oriented environment encourages professional growth through comprehensive training and development opportunities, while our commitment to high-quality risk management practices ensures that employees are empowered to make informed decisions. Located in a vibrant city, we offer competitive benefits and a supportive workplace that values innovation and collaboration.
StudySmarter Expert Adviceπ€«
We think this is how you could land Securities & CALM BCO Senior Associate
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. Building relationships can open doors that a CV just can't.
β¨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. Show them you understand their needs and how you can contribute to their goals.
β¨Tip Number 3
Practice your critical thinking skills! Be ready to discuss how you've tackled challenges in the past and how you can apply those experiences to improve their processes.
β¨Tip Number 4
Don't forget to apply through our website! Itβs the best way to ensure your application gets noticed and shows you're serious about joining the team.
We think you need these skills to ace Securities & CALM BCO Senior Associate
Some tips for your application π«‘
Show Off Your Relationship Skills:When you're writing your application, make sure to highlight your experience in building relationships and negotiating with stakeholders. We want to see how you can connect with others and drive results through collaboration.
Be Systematic and Organised:We love a candidate who can demonstrate systematic work organisation. Use your application to showcase your ability to manage tasks efficiently and keep everything on track. A clear structure in your writing reflects your organisational skills!
Attention to Detail is Key:In the world of risk management, details matter! Make sure your application is free from typos and errors. Show us that you can provide clear MI reporting by presenting your information in a concise and accurate manner.
Embrace a Continuous Improvement Mindset:Let us know how you approach process improvement in your application. Share examples of how you've identified opportunities for enhancement in past roles. Weβre looking for candidates who are proactive and always seeking to do better!
How to prepare for a job interview at Deepstreamtech
β¨Know Your Risk Frameworks
Make sure you understand both internal and external risk frameworks. Brush up on how to map controls and metrics, as this will be crucial in demonstrating your analytical judgement during the interview.
β¨Showcase Your Relationship-Building Skills
Prepare examples of how you've successfully built relationships with stakeholders in the past. This role requires confident negotiation skills, so think about times when you've had to influence or persuade others.
β¨Be Detail-Oriented
Since clear MI reporting is key, practice articulating how you ensure attention to detail in your work. Bring specific examples of reports or analyses you've created that highlight your systematic approach.
β¨Embrace Continuous Improvement
Demonstrate your mindset for continuous process improvement. Think of instances where you've identified inefficiencies and implemented changes. Be ready to discuss how you can contribute to enhancing the Non-Financial Risk Function.