First Line Operational Risk Analyst
- Recruiter
- Randstad Sourceright Singapore
- Location
- Farringdon, Central London
- Salary
- Competitive
- Posted
- 12 Feb 2019
- Closes
- 15 Feb 2019
- Ref
- 1074361762
- Job role
- Accountant
- Sector
- Accounting - Public practice
Contract Role: First Line Operational Risk Analyst/Manager
Contract Location: Central London
Contract Pay Rate: Negotiable
Contract Length: 12 months
A multinational investment bank in Central London are currently on the lookout for First Line Risk Analyst/Manager to join their growing team due to an influx of work.
As a department, you will cover:
Summary of responsibilities:
The main responsibilities for the role will be to support the Operational Risk function in the fulfilment of its responsibilities, as listed in the previous section.
Contract Location: Central London
Contract Pay Rate: Negotiable
Contract Length: 12 months
A multinational investment bank in Central London are currently on the lookout for First Line Risk Analyst/Manager to join their growing team due to an influx of work.
As a department, you will cover:
- Supporting the business units and support in the identification and management of operational risks and operational risk events
- Promoting and reinforcing a risk management culture
- Challenging the effectiveness of controls and framework currently stipulated within the business;
- Create, manage and maintain managerial supervision governance, policies and standards;
- Coordinate key operational risk management processes such as:
- the collection of risk event data
- major risk events
- the performance of Risk Control Self Assessments
- Co-ordinate responses to frauds propose and monitor operational risk key risk indicators;
- Investigate and report on, with recommendations, key operational risk issues identified
- Co-ordinate the support work for the New Product Committee;
- Support the follow-up of internal audit recommendations;
- Provide operational risk reporting to management;
- Deliver training on operational risk management and processes to provide input to economic and regulatory capital calculations.
Summary of responsibilities:
The main responsibilities for the role will be to support the Operational Risk function in the fulfilment of its responsibilities, as listed in the previous section.
- Review risk event register entries to ensure they are appropriate and that actions to correct and minimise recurrence are appropriate. Feedback and support the business units where this is not the case. Close risk event register entries when completed.
- Investigate and report on key operational risk issues within the business as appropriate.
- Supporting the business to devise and implement controls to mitigate the re-occurrence of risk events, where trends are identified.
- Dealing with major risk events – including attending major risk event meetings, producing meeting summaries and following up actions.
- Maintaining a register of actions arising from major risk events and following up with the business to ensure they are completed.
- Co-coordinating and supporting business units in the completion and update of RCSAs.
- Support the business in defining and reporting Key Risk Indicators.