At a Glance
- Tasks: Manage operational risk and embed effective processes across the bank.
- Company: Join Chetwood Bank, a forward-thinking digital bank in the UK.
- Benefits: Enjoy 25 days holiday, your birthday off, and private health insurance.
- Other info: Hybrid working options and excellent career growth opportunities.
- Why this job: Make a real impact on risk management in a dynamic banking environment.
- Qualifications: 5+ years in operations risk with strong analytical and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
As an Enterprise Risk Framework Manager you will liaise closely with all business functions, with a responsibility for successfully embedding internal processes, systems, losses arising from unauthorised activities, error, omission, inefficiency, fraud, systems failure or external events.
This role can be based at either Manchester or Wrexham.
Key Responsibilities
- Support with the definition and embedding of minimum standards and processes and the governance structure for operational risk and internal control.
- Support the bank to embed Chetwood's risk management framework and the operational risk management policy.
- Provide support for the implementation and embedding of a three lines of defence model for the management of risk.
- Maintain effective working relationships across all three lines of defence, enhancing risks value to the business.
- Provide oversight and challenge of risk and control self assessments (RCSAs) completed by the business, which are used to identify and assess the material business risks and controls.
- Design and conduct control testing to ensure the Bank's controls are operating effectively.
- Support the senior manager, enterprise risk & assurance with principal risk analysis, which provide management with a quantified view of specific operational risks.
- Oversight the activity to refresh the assessment of risks, providing insight and advice and facilitating discussion with the bank's 1st line risk function.
- Reporting of internal issues and incidents, which are used to forecast typical losses, also utilising external data, which is used to inform risk assessments.
- Supporting the 1st line with management of issues and incidents to completion.
- Support 1st line projects by informing and offering guidance for the avoidance or treatment of risk.
- Assessment and management of operational risk within the risk appetite of Chetwood.
- Support the senior manager, enterprise risk and assurance with the ICAAP operational risk assessment process and facilitate the production of the ICAAP statement to the PRA.
- Provide subject matter expert knowledge and support at governance forums.
- Supporting the risk reporting process and the Risk Appetite Statement (both annual review and reporting).
Skills, Knowledge and Expertise
- A minimum of 5 years experience within an operations risk role.
- Excellent analytical ability, familiarity with associated tools.
- Knowledge of the UK financial services regulatory environment.
- An ability to think innovatively and broadly across the risk spectrum.
- Knowledge of regulatory capital requirements an advantage.
- Excellent communication and stakeholder management skills.
- Strong communication skills.
Benefits
- Competitive salary
- 25 days holiday PLUS your BIRTHDAY off
- Pension contribution with Royal London
- Life Assurance
- Private medical, dental and optical health insurance with Axa
- Hybrid working
- Free breakfast available
About Chetwood Bank
We're a UK-based digital bank dedicated to getting the basics right and offering straightforward savings and mortgages.
Enterprise Risk Framework Manager - Manchester employer: What Jobs
Chetwood Bank is an exceptional employer, offering a dynamic work environment in Manchester that fosters collaboration and innovation. With competitive salaries, generous benefits including 25 days of holiday plus your birthday off, and a strong focus on employee growth through hybrid working and comprehensive health insurance, we prioritise the well-being and development of our team. Join us to be part of a forward-thinking digital bank that values your contributions and supports your career aspirations.
