Operational Risk 2nd Line Risk Contractor - Michael Page Banking : Job Details

Immediate start , 6 month duration.

Client is a highly regard Investment and Corporate Bank.

Role will support the 2nd line Risk Management team.

London based, hybrid working .

Client Details

Investment and Corporate international bank, based in London who need to hire a Operational Risk 2nd Line Risk Contractor.

Description

The Operational Risk 2nd Line Risk Contractor will:

Work closely with the Director in implementing the Operational Risk Management framework for the bank's operations in London.

Conduct independent analysis and challenge the outcome of Operational Risk Management tools.

Risk and Control Self-Assessments (RCSAs), Scenario Analysis, Key Risk Indicators (KRIs), and New Initiative Risk Assessment (NIRA's).

Review and challenge Operational Risk Events (loss, gains and near miss incidents) as reported by the business lines and Corporate Function groups.

Provide oversight, review, and challenge for Risk Acceptances .

Communicate/escalate/report on material operational risks, including against established thresholds and operational risk appetite, where appropriate.

Support the development of the Operational Risk Appetite statement and metrics to include obtaining advice and counsel from Enterprise Global Operational Risk.

Develop operational risk reports for BNSL Committees .

Monitor and review Operational Risk RAF metrics.

Support the Director, Global Operational Risk, in the review, assessment and enhancement of the Bank's operational risk management tools and methodologies.

Work closely with 1B teams as the main contact in GRM and provide second line input as necessary.

Participate in industry forums to remain current on new developments and emerging risks within the industry.

Support VP Operational Risk to share best practice in relation to the Operational Risk Management Framework from a regional perspective.

Profile

A successful Operational Risk 2nd Line Risk Contractor should have:

• At least 5 years experience and knowledge of 2nd line operational risk management and frameworks within the banking and financial services sector.
• Experience in identifying, assessing, and mitigating operational risks.
• RCSAs, KRIs, Scenario testing and analysis.
• Familiarity with regulatory requirements related to risk management.
• Investment Banking , Corporate banking experience would be ideal.
• Experience to Operational Resilience from the 2nd line also useful.

Job Offer

• Competitive daily rate of approximately £600-£650 PAYE

This is a fantastic opportunity for an experienced Operational Risk 2nd Line Risk Contractor to make a meaningful impact. If you're ready for your next challenge, apply today

Please note no visa sponsorship is on offer.