At a Glance
- Tasks: Lead operational risk management initiatives and collaborate with senior management to mitigate risks.
- Company: Join a leading international bank in the heart of the City.
- Benefits: Gain exposure to high-level projects and develop your risk management skills.
- Why this job: Make a real impact on operational risk culture while working in a dynamic environment.
- Qualifications: 5+ years in operational risk management, preferably in a financial institution.
- Other info: Fluency in Mandarin is required for this role.
The predicted salary is between 48000 - 72000 £ per year.
THE COMPANY: Our client is a leading international bank based in the City. They are looking for a Senior Risk Control Officer to join the team. THE RESPONSIBILITIES: Co-ordinate with Senior Management (Executive Committee) to develop, implement and maintain a strategic plan to prevent or mitigate operational risk. Take the lead role in Head Office projects, initiatives and reporting, including but not limited to operational risk management reporting and projects. Pro-actively challenge the first line, second line and other departments’ identification and management of operational risk. Assist departments to identify and manage operational risk in their respective activities, escalating to Senior Management for risk-acceptance when required. Develop and maintain effective operational risk management policies and standards. Maintain the operational risk incident management and reporting framework, including operational risk root cause investigation, identification, assessment and countermeasures, and promotion of the risk-acceptance process. Lead and co-ordinate the Bank-wide Operational Risk Control Self-Assessment, and maintain the Risk Register. Lead and co-ordinate the Head Office Operational Risk Control Self-Assessment, and maintain the Risk Register. Maintain and archive operational risk management documentation, including policies, procedures, action trackers, risk registers, KRIs, etc. Promote and build a culture of operational risk awareness by providing regular training, developing strong, open and collaborative relationships with key stakeholders, and by keeping up-to-date with current operational risk management theory and industry best practice. Lead and co-ordinate the annual inter-departmental Business Continuity Policy (BCP) update, including embedding of Operational Resilience measures in line with UK regulatory expectations (with support from the Department Head and the Chief Risk Officer). Lead and co-ordinate the outsourcing risk assessment, in line with the Business Outsourcing Policy, and maintain the central log. Lead and co-ordinate the annual inter-departmental Critical Spreadsheet review update, including control testing and reporting any key findings to Senior Management. EXPERIENCE REQUIRED: Good knowledge of and working experience in operational risk management and ERM (at least 5 years in operational risk, preferably with a reputable financial institution), including the ability to demonstrate and articulate risk skills and methodologies. Awareness of industry trends and best practices in risk management (particularly operational risk management but with a broad understanding of other ERM categories). Tact, discretion, good judgement and common sense in dealing with sensitive and/or confidential situations. Sound understanding of the relevant regulatory regimes and requirements governing the control and management of ERM, particularly operational risk management. Ability to deliver accurate and comprehensive risk reports, and to propose constructive, forward-looking and proportionate solutions and suggestions. For further information please contact Eleanor Gowling
Senior Risk Control Officer - Mandarin Speaking employer: Saxton Leigh
Contact Detail:
Saxton Leigh Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Control Officer - Mandarin Speaking
✨Tip Number 1
Make sure to familiarize yourself with the latest trends and best practices in operational risk management. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the banking and risk management sectors. Attend industry events or webinars where you can meet potential colleagues or mentors who can provide insights into the role and the company culture.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your ability to manage operational risks effectively. Highlight any successful projects or initiatives you've led that align with the responsibilities outlined in the job description.
✨Tip Number 4
Since this position requires Mandarin speaking skills, practice articulating your thoughts on risk management topics in Mandarin. This will help you feel more confident during the interview process and show your language proficiency.
We think you need these skills to ace Senior Risk Control Officer - Mandarin Speaking
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly understand the responsibilities of a Senior Risk Control Officer. Highlight your relevant experience in operational risk management and how it aligns with the job requirements.
Tailor Your CV: Customize your CV to emphasize your experience in operational risk management, particularly within financial institutions. Include specific examples of projects or initiatives you've led that relate to the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only showcases your qualifications but also demonstrates your understanding of the company's culture and values. Mention your ability to build relationships and promote a culture of operational risk awareness.
Highlight Language Skills: Since the position requires Mandarin speaking skills, make sure to clearly state your proficiency level in Mandarin and any relevant experiences where you utilized this skill in a professional setting.
How to prepare for a job interview at Saxton Leigh
✨Understand Operational Risk Management
Make sure you have a solid grasp of operational risk management principles and methodologies. Be prepared to discuss your previous experiences in this area, especially how you've identified and mitigated risks in past roles.
✨Showcase Your Leadership Skills
As a Senior Risk Control Officer, you'll need to lead various initiatives and projects. Highlight your leadership experience and provide examples of how you've successfully coordinated teams or projects in the past.
✨Familiarize Yourself with Regulatory Requirements
Demonstrate your understanding of the relevant regulatory regimes governing operational risk management. Be ready to discuss how you've navigated these regulations in your previous roles and how you can ensure compliance in this position.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills and judgment in sensitive situations. Practice articulating your thought process and decision-making strategies when faced with operational risks.