Join our clients dedicated Operational Risk team in Ipswich, where you'll play a vital role in supporting the Firm by reviewing and implementing processes, advising on risk and control issues, embedding risk frameworks, and promoting a culture of risk awareness and process efficiency.
Key Responsibilities:
Risk Management:
- Assist with identifying and reporting operating events, analyzing control failures, and ensuring preventative actions.
- Monitor the escalation, quality, and progress of operating events, maintaining data between the Operating Event Log and Risks Register.
- Support the business in timely identifying and resolving dealing errors, recording mitigant actions, and logging errors.
- Collaborate with the Operational Risk Manager on investigating operational risk themes and conducting thematic risk reviews.
- Conduct end-to-end process reviews and implement business changes as required.
- Champion the embedding of Risk policies and frameworks, fostering a culture of risk awareness within the business.
Analysis & Reporting:
- Assist in preparing regular MI reports for senior management using PowerBI and develop new MI reports as needed.
- Maintain and update operating event and deal error data logs, and the Firm's Risk Register.
- Manage action and issue logs from operating events, Risk and Control Self Assessments, and risk governance meetings.
Organisational Assistance:
- Organize and maintain the annual review schedule of departmental Risk and Control Self Assessments (RCSAs) in line with the Firm's Risk Register.
- Collate data and prepare visual presentation materials for the risk governance structure and thematic risk reviews.
- Oversee and allocate group inbox items, ensuring timely escalation of issues
Candidate Profile:
- Educated to GCSE or equivalent standard (minimum grade 4/C in Maths and English)
- Experience in the Financial Services industry
- Understanding of the UK Financial Services Regulatory Environment is advantageous
- Excellent communication skills
- Highly organized with great attention to detail
- Inquisitive nature and enjoys investigating issues