At a Glance
- Tasks: Manage and oversee the Bank's Enterprise and Operational Risk framework.
- Company: Join a growing Bank in London, focused on risk management and compliance.
- Benefits: Enjoy competitive salary, professional development opportunities, and a collaborative work environment.
- Why this job: Be part of a crucial team shaping risk strategies and enhancing operational resilience.
- Qualifications: 5+ years in Operational and Enterprise Risk, preferably in Banking.
- Other info: Opportunity to work closely with the Chief Risk Officer and influence key decisions.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Enterprise & Operational Risk Manager – RCSA – Banking
Excellent opportunity opens for an experienced Enterprise & Operational Risk Manager to join a growing Bank’s London office, working hand-in-hand with the CRO in a crucial capacity. The successful candidate will be responsible for providing second line reviews, whilst challenging and ensuring oversight of the Bank’s monitoring, measurement and management of the Enterprise and Operational Risk.
Responsibilities
- Collate risk reporting for the Executive Risk and Compliance and Board Risk Committees to ensure compliance with risk appetite.
- Responsible for the effective and efficient management of the Bank's Enterprise Risk management framework.
- Monitoring the Bank’s Operational Risk profile and ensuring that the Bank complies with its Operational Risk Management obligations.
- Conduct end-to-end Risk and Control Self-assessments (RCSAs) using the systems / tools already in place and support the business in addressing control gaps and areas for improvement.
- Conduct Control testing in line with the operational risk plan or as and when required.
- Support the risk event management process, including root cause analysis, mitigation, and closure.
- Participate at monthly Operational Risk Committee (ORC) and provide insight, analysis, and updates.
- Help develop, implement and then operate the Bank’s new Governance Risk and Compliance (GRC) tool.
- Oversee the Bank’s risk methodologies from a second line perspective, utilising the GRC tool, including the operation of; Risk and Control Self Assessments, Key Risk Indicators, Risk Taxonomy and Control Library, Risk policy management, Operational Resilience, Incidents/Operational Risk Events, & Operational Risk losses and near misses.
About You:
- 5 + years’ experience in within Operational Risk & Enterprise Risk.
- Strong Financial Services background, ideally within Banking.
- Strong interpersonal, written and verbal communication skills.
Interested? Please Apply!
Operational Risk Manager Enterprise Risk Manager RCSA Risk Director VP Risk Bank Banking Technology Risk GRC Implementation Protecht Risk Enterprise Risk Operational Risk Operations Bank Banking Wealth Management Investment Bank Private Bank Cyber Information Security RCSA Risk Control Self-Assessment ICSSP Head of Risk Head of Operational Risk Head of Enterprise Risk
Enterprise & Operational Risk Manager - RCSA - Banking - Rothstein Recruitment employer: Rothstein Recruitment
Contact Detail:
Rothstein Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Enterprise & Operational Risk Manager - RCSA - Banking - Rothstein Recruitment
✨Tip Number 1
Network with professionals in the banking and risk management sectors. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and expectations, which can be invaluable during interviews.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in operational and enterprise risk management. Being knowledgeable about current challenges and solutions in the banking sector will demonstrate your commitment and expertise during discussions with potential employers.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that highlight your ability to manage risks effectively. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing how you've successfully navigated challenges in previous roles.
✨Tip Number 4
Research the bank's current risk management framework and any recent news related to their operations. This knowledge will not only help you tailor your conversations but also show your genuine interest in the role and the organisation when you apply through our website.
We think you need these skills to ace Enterprise & Operational Risk Manager - RCSA - Banking - Rothstein Recruitment
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Enterprise and Operational Risk Management. Focus on your achievements in risk assessment, compliance, and any specific tools or frameworks you've used.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the bank. Mention specific experiences that align with the responsibilities listed in the job description, such as conducting RCSAs or managing risk frameworks.
Highlight Relevant Skills: Emphasise your strong interpersonal, written, and verbal communication skills. Provide examples of how you've effectively communicated risk assessments or collaborated with teams in previous roles.
Showcase Continuous Learning: Mention any relevant certifications or training you've completed in risk management or compliance. This demonstrates your commitment to staying updated in the field and adds value to your application.
How to prepare for a job interview at Rothstein Recruitment
✨Understand the Role Thoroughly
Make sure you have a solid grasp of the responsibilities outlined in the job description. Familiarise yourself with terms like RCSA, GRC tools, and operational risk management. This will help you speak confidently about how your experience aligns with the role.
✨Prepare for Scenario-Based Questions
Expect to be asked about specific situations you've encountered in your previous roles. Prepare examples that demonstrate your ability to manage risks, conduct assessments, and implement controls effectively. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Showcase Your Communication Skills
Given the importance of communication in this role, be ready to discuss how you've effectively communicated risk findings to stakeholders in the past. Highlight any experience you have in presenting to committees or senior management, as this will be crucial for the position.
✨Demonstrate Your Analytical Skills
The role requires strong analytical capabilities, so be prepared to discuss how you've used data to inform risk management decisions. Bring examples of how you've identified control gaps or areas for improvement in previous positions, and be ready to explain your thought process.