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- Tasks: Manage operational risk and control, ensuring compliance and developing effective solutions.
- Company: Join a small, dynamic bank in London focused on risk management and operational resilience.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Make a real impact in banking by enhancing risk practices and building strong stakeholder relationships.
- Qualifications: Experience in banking or financial services with a focus on risk, controls, and compliance is essential.
- Other info: Ideal for self-starters who thrive in fast-paced, evolving environments.
The predicted salary is between 36000 - 60000 £ per year.
Small London based bank is looking for a Risk and Control Officer, to manage 2nd line of defence (2 LOD) re operational risk and control. Responsibilities * Developing operating effectiveness control testing to ensure understanding of the control landscape and address control weaknesses within a banking environment. * Support teams in developing new controls and processes to create lasting solutions for minimising exposure to people, conduct and operational risks. * Embedding good risk management practices through building positive relationships with stakeholders across the three lines of defence. * Identifying and reporting operational incidents and assurance testing to help the Bank draw up mitigating actions and/or remedial plans. * Maintaining the Bank’s Operational Resilience monitoring and assessment processes, reporting to Senior Management to provide assurance that the Bank remains compliant with regulatory requirements. * Creating management information for inclusion in Operational risk reporting packs, audit and compliance assurance requests, to adhere to Regulatory requirements. * Provide cover. You should apply if you: * Have worked in banking / financial services, a regulated environment, with some experience and understanding of risk, controls, and/or compliance. * Have experience within risk management, incident analysis, risk reporting and control testing. * Have a good understanding of banking industry risk regulation/standards and practices and are keen to learn more. * Are curious and collaborative – you’re great at asking incisive questions to pick things up, get to the bottom of problems, and act on them quickly. * Are a communicator, able to facilitate discussions, and influence others to gather meaningful feedback and support on your work. * Thrive when managing multiple deadlines through to completion and have excellent attention to detail. * Are resilient and comfortable working in an evolving and challenging environment. * Are hands-on and great at execution. * Are a self-starter and autonomous, able to make prioritisation decisions. (2nd line of defence (2 LOD) re operational risk and control, conduct risk, people risk, testing, reporting, regulations)
Risk & Control Officer employer: JJ Associates
Contact Detail:
JJ Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk & Control Officer
✨Tip Number 1
Familiarise yourself with the latest banking regulations and standards related to operational risk. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the banking and financial services sector, especially those involved in risk management. Attend industry events or join relevant online forums to build connections that could lead to valuable insights and potential referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've identified and mitigated risks in previous roles. Being able to articulate your hands-on experience will set you apart from other candidates and show your practical understanding of the role.
✨Tip Number 4
Demonstrate your collaborative skills by preparing to discuss how you've worked with various stakeholders in past projects. Highlighting your ability to influence and facilitate discussions will resonate well with the expectations for this position.
We think you need these skills to ace Risk & Control Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in banking and risk management. Focus on specific roles where you've dealt with operational risk, control testing, or compliance to demonstrate your suitability for the Risk & Control Officer position.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the bank. Discuss how your background aligns with their needs, particularly your experience in developing controls and processes, and your ability to build relationships across different teams.
Showcase Your Skills: Emphasise your skills in incident analysis, risk reporting, and your understanding of banking regulations. Use specific examples from your past work to illustrate how you've successfully managed risks and contributed to compliance efforts.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as attention to detail is crucial in this role. A polished application reflects your professionalism and commitment.
How to prepare for a job interview at JJ Associates
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what a Risk & Control Officer does. Familiarise yourself with the responsibilities listed in the job description, especially around operational risk and control testing. This will help you articulate how your experience aligns with their needs.
✨Showcase Your Experience
Be prepared to discuss your previous roles in banking or financial services, particularly any experience related to risk management and compliance. Use specific examples to demonstrate your understanding of risk regulations and how you've successfully managed risks in past positions.
✨Ask Insightful Questions
During the interview, ask questions that show your curiosity and collaborative nature. Inquire about the bank's current risk management practices or how they handle operational incidents. This not only shows your interest but also helps you gauge if the company culture aligns with your values.
✨Demonstrate Your Communication Skills
As a Risk & Control Officer, you'll need to influence and facilitate discussions with various stakeholders. Practice articulating your thoughts clearly and confidently. Highlight instances where you've successfully communicated complex information or gathered feedback to improve processes.
