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- Tasks: Join a dynamic team overseeing Third Party Management and refine risk methodologies.
- Company: Be part of Robert Walters Operations Limited, a leading employment business and agency.
- Benefits: Enjoy a 12-month fixed term contract with opportunities for professional growth.
- Why this job: Make an impact by enhancing risk management capabilities and working on strategic projects.
- Qualifications: Bachelor's degree in finance/economics or law, plus 7-8 years in Operational Risk Management.
- Other info: Ideal for those with a passion for risk management and regulatory compliance.
The predicted salary is between 36000 - 60000 £ per year.
Our client is seeking a knowledgeable and dependable Third Party/Operational Risk Manager for a 12-month fixed term contract. This role is an exciting opportunity to join a dynamic team responsible for the second line oversight of the end-to-end Third Party Management process. The successful candidate will have the chance to refine risk methodologies, perform root cause analyses of identified risk events, and facilitate the identification of issues and related corrective action plans.
What you'll do:
- Support refinements to the TPRM risk methodology.
- Perform root cause analyses of identified risk events.
- Review/challenge Design and Operating Effectiveness testing end-to-end key controls.
- Facilitate identification and articulation of Issues and related Corrective Action Plans.
- Monitor Framework adherence and develop tools/communicate requirements to key stakeholders.
- Participate as part of business project workstreams to provide ORM subject matter expertise.
- Work with business units to establish, maintain and continuously improve risk management capabilities.
- Act as stakeholders' main point of contact representing ORM.
What you bring:
- The ideal candidate brings a wealth of experience from a professional services organization or a financial institution covering Operational Risk Management.
- You should have contributed significantly to the development or oversight of risk management frameworks, particularly in relation to Third Party Risk Management.
- Your understanding of regulatory expectations for third party management will be crucial in this role.
- You should possess excellent report writing and presentation skills, coupled with investigative and analytical thinking.
- Your ability to work independently, creatively assess and identify gaps, and present solutions will be highly valued.
- Bachelor's degree in finance/economics or law degree, or equivalent combination of education and experience.
- 7-8 years of experience in a professional services organization or a financial institution covering Operational Risk Management.
- Experience in contributing to the development or oversight of risk management frameworks.
- Understanding of regulatory expectations for third party management.
- Excellent report writing and presentation skills.
- Investigative and analytical thinking.
- Ability to work independently to creatively assess and identify gaps and present solutions.
- Project management skills.
Third Party/Operational Risk 12M FTC employer: Robert Walters
Contact Detail:
Robert Walters Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Third Party/Operational Risk 12M FTC
✨Tip Number 1
Familiarise yourself with the latest regulations and best practices in Third Party Risk Management. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the Operational Risk Management field. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully implemented risk management frameworks or conducted root cause analyses. This will demonstrate your expertise and problem-solving skills.
✨Tip Number 4
Showcase your project management skills by discussing any relevant projects you've led or contributed to. Highlight how you managed stakeholders and ensured adherence to risk frameworks, as this aligns closely with the job requirements.
We think you need these skills to ace Third Party/Operational Risk 12M FTC
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Operational Risk Management and Third Party Risk Management. Use specific examples from your past roles that demonstrate your expertise in risk methodologies and frameworks.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your understanding of the role and how your background aligns with the job requirements. Mention your experience in developing or overseeing risk management frameworks and your familiarity with regulatory expectations.
Showcase Analytical Skills: In your application, emphasise your investigative and analytical thinking skills. Provide examples of how you've performed root cause analyses or identified gaps in previous roles, as this is crucial for the position.
Highlight Communication Abilities: Since the role involves communicating with key stakeholders, make sure to mention your excellent report writing and presentation skills. Include instances where you successfully communicated complex information to diverse audiences.
How to prepare for a job interview at Robert Walters
✨Showcase Your Expertise
Make sure to highlight your subject-matter expertise in Third Party Risk Management during the interview. Be prepared to discuss specific regulations and industry best practices you've worked with, as this will demonstrate your knowledge and suitability for the role.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think of examples from your past experience where you performed root cause analyses or developed corrective action plans, and be ready to explain your thought process.
✨Demonstrate Analytical Thinking
Since the role requires investigative and analytical thinking, prepare to discuss how you've identified gaps in risk management frameworks in previous roles. Use specific examples to illustrate your ability to creatively assess situations and present effective solutions.
✨Communicate Clearly
Excellent report writing and presentation skills are crucial for this position. Practice articulating your thoughts clearly and concisely, as you may need to explain complex concepts to stakeholders who may not have a technical background.
