At a Glance
- Tasks: Lead operational risk management and ensure compliance in a dynamic banking environment.
- Company: Join a leading bank in London with a focus on diversity and inclusion.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Work in a supportive team with excellent career advancement opportunities.
- Why this job: Make a real impact in banking while utilising your Mandarin skills.
- Qualifications: Fluent in Mandarin and English with solid operational risk experience.
The predicted salary is between 76000 - 84000 £ per year.
The Skills You'll Need:
- Mandarin and English fluent
- Solid operational risk management experience within banking in the UK
Your New Salary: c80k Depending on experience
Hybrid: 4 days in the office, 1 day at home
Start: ASAP
Report to: Head of Compliance
To be successful in this role our client has said it is essential that candidates:
- Are fluent in both Mandarin and English
- Have solid operational risk management experience within banking in the UK
What You'll be Doing Each Day:
- Ensuring that the operational risk management framework of the Branch is fit-for-purpose and fully meets regulatory requirements.
- Implementing and maintaining the Risk Control Self-Assessment (RCSA) process across the Branch to ensure that all material operational risks are identified, measured, monitored and controlled effectively.
- Where appropriate, challenge the business and support areas’ self‑assessments.
- Escalating the progress of RCSAs and key findings, in accordance with policy, to the Head of Risk, CRO, Risk‑Co, and other senior management, the business and support areas.
- Establishing and maintaining appropriate operational risk management systems, policies and procedures, and, where necessary, developing the infrastructure to support the operational risk framework.
- Maintaining and developing the Branch’s KRI reporting framework.
- Utilizing external operational risk databases and other sources to support the implementation of RCSAs and KRIs in the Branch.
- Ensuring that all operational risk events are analysed, documented and reported in accordance with policy and that follow up actions are monitored.
- Providing Branch‑wide training about the operational risk framework, in particular Op Risk Events, RCSAs and KRIs.
- Developing and facilitating appropriate operational risk scenario assessments.
- Ensuring smooth conduct of the Operational Risk Working Forum and prepare reports for Risk Committee and senior management on operational risks.
The Skills You'll Need to Succeed:
- Proficiency in Mandarin and English language (writing and speaking).
- Have sufficient technical understanding of operational risk and some knowledge of other fields of risk management to have significant impact and influence with internal stakeholders and be seen as a subject matter expert.
- Be able to act autonomously within the operational risk area and to demonstrate leadership through applying a joined‑up approach in KRI reporting and RCSA process.
- Educated to a degree level in numerate/financial/accounting discipline and/or have appropriate professional qualification.
- Extensive experience of implementing operational risk management and control frameworks, including a good knowledge of methodologies for measuring operational risk, in a commercial banking/treasury environment.
- An in‑depth knowledge of a broad range of wholesale and treasury products, including, ideally, clearing and/or retail/private banking.
- Good knowledge and experience of operational processes around such products.
- A strong understanding of the UK regulatory framework for operational risk.
- Awareness of the broader scope of financial and non‑financial risks, risk taxonomies and risk appetite would be an advantage.
Banking Job - Mandarin speaking Operational Risk Lead - London - M employer: First People Recruitment
As a leading banking institution in London, we pride ourselves on fostering a dynamic and inclusive work environment that values diversity and encourages professional growth. Our hybrid work model allows for a balanced approach to work-life integration, while our commitment to operational excellence ensures that employees are equipped with the tools and training necessary to thrive in their roles. Join us to be part of a team that not only meets regulatory standards but also champions innovation and collaboration in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Banking Job - Mandarin speaking Operational Risk Lead - London - M
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like First People Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Banking Job - Mandarin speaking Operational Risk Lead - London - M
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to First People Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on First People Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at First People Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with First People Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at First People Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former First People Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
