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