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- Tasks: Monitor and manage the bank's risk profile while ensuring compliance with policies.
- Company: Join a growing international banking group with $200 billion in global assets.
- Benefits: Enjoy competitive salary, benefits, and a bonus structure.
- Why this job: Be part of a supportive team and shape a strong risk management culture.
- Qualifications: Minimum 2 years in operational risk within a bank; strong reporting skills required.
- Other info: This role is onsite in Central London, with no sponsorship available.
The predicted salary is between 43000 - 51000 £ per year.
The growing London operation of an international banking group with global assets of $200 billion. The business in London comprises private banking, commercial and wholesale banking together with retail activities. Due to continued expansion and growth, a new role has been created within their small risk team to deliver strong risk reporting, improved data quality and continual improvements to support decision taking. You will help oversee the bank’s risk profile, support the implementation of risk strategies, and ensure alignment with regulatory standards and internal policies. You will provide essential oversight of daily risk controls, contribute to the development and review of risk policies, and deliver insightful reporting to senior management and key committees.
Please note your CV will be automatically rejected if you do not meet all the Essential criteria.
SKILLS & EXPERIENCE REQUIRED AS ESSENTIAL- Minimum 2 years’ experience in an operational risk-focused role within a bank.
- Experience of Key Risk Indicators (KRI) and how to appropriately design/evaluate/test/mitigate them.
- Strong experience of building and populating various reports – able to demonstrate attention to detail and to be able to question/interrogate the data to ensure it aligns to a Bank’s risk appetite.
- Proficient in Microsoft Word, Excel, and PowerPoint.
- Strong verbal and written communication skills, with confidence engaging stakeholders at all levels.
- Adaptable, proactive, and able to demonstrate initiative in a fast-paced environment.
- Support the monitoring and management of the organisation’s risk profile in line with approved risk governance, policies, and regulatory requirements.
- Oversee day-to-day risk controls and ensure compliance with the established risk appetite.
- Prepare and deliver regular and ad-hoc risk reports to senior management and relevant committees.
- Aggregate and analyse risk data from business units to provide a holistic view of the bank’s risk position.
- Report any breaches or excesses above agreed risk limits to senior management and regulatory bodies as required.
- Assist in the development, review, and annual update of risk management policies, procedures, and key regulatory documents (e.g., ICAAP, ILAAP, RRP).
- Support stress testing, sensitivity analysis, and capital/liquidity adequacy assessments, providing recommendations for improvement.
- Maintain accurate risk incident logs and ensure timely distribution of relevant information.
- Contribute to the ongoing enhancement of internal risk management tools and systems including design and implementation of KRI’s.
- Assist in the timely submission of regulatory returns.
- Undertake additional duties as directed by senior management.
- Join a collaborative and supportive team in a respected and successful bank.
- Play a pivotal role in shaping and maintaining a robust risk management culture.
- Gain exposure to a broad range of risk disciplines and regulatory frameworks.
To apply or learn more, please submit your CV via LinkedIn. All applications will be handled with the strictest confidentiality.
SPONSORSHIP OF ANY KIND WILL NOT BE PROVIDED.
Operational Risk Specialist employer: Job Traffic
Contact Detail:
Job Traffic Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Specialist
✨Tip Number 1
Familiarise yourself with the specific Key Risk Indicators (KRI) relevant to the banking sector. Understanding how to design, evaluate, and mitigate these indicators will give you a significant edge during interviews.
✨Tip Number 2
Brush up on your reporting skills, especially in Microsoft Excel. Being able to demonstrate your ability to build and populate detailed reports will showcase your attention to detail and analytical capabilities.
✨Tip Number 3
Prepare to discuss your experience in operational risk management in depth. Be ready to provide examples of how you've contributed to risk governance and compliance in previous roles, as this will be crucial for the interview.
✨Tip Number 4
Network with professionals in the banking and risk management sectors. Engaging with others in the field can provide insights into the company culture and expectations, which can be invaluable during your application process.
We think you need these skills to ace Operational Risk Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your minimum 2 years of experience in an operational risk-focused role within a bank. Emphasise your familiarity with Key Risk Indicators (KRI) and your ability to design, evaluate, and mitigate them.
Showcase Reporting Skills: Demonstrate your strong experience in building and populating various reports. Include specific examples that showcase your attention to detail and your ability to question and interrogate data to ensure it aligns with a bank's risk appetite.
Highlight Communication Abilities: Since strong verbal and written communication skills are essential, provide examples of how you've effectively engaged stakeholders at all levels. This could include presentations, reports, or collaborative projects.
Express Adaptability and Initiative: In your application, convey your adaptability and proactive nature. Share instances where you've taken the initiative in a fast-paced environment, which is crucial for this role.
How to prepare for a job interview at Job Traffic
✨Showcase Your Experience
Make sure to highlight your minimum 2 years of experience in an operational risk-focused role within a bank. Be prepared to discuss specific examples of how you've managed risk and contributed to risk reporting.
✨Demonstrate KRI Knowledge
Since experience with Key Risk Indicators (KRI) is essential, come ready to explain how you have designed, evaluated, tested, and mitigated KRIs in your previous roles. Use concrete examples to illustrate your understanding.
✨Prepare Detailed Reports
As the role requires strong reporting skills, be prepared to discuss your experience in building and populating various reports. Emphasise your attention to detail and your ability to interrogate data to ensure it aligns with a bank's risk appetite.
✨Engage Stakeholders Confidently
Strong verbal and written communication skills are crucial for this position. Practice articulating your thoughts clearly and confidently, especially when discussing complex risk concepts with stakeholders at all levels.
