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Operational Risk Associate

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A leading Global Bank is seeking a dedicated Operational Risk Associate to join their team in London. The successful candidate will have the chance to review and challenge internal risk events, support the delivery of Risk & Control Self-Assessments (RCSAs), and assist with the Third Party Risk Management process. This position requires excellent communication skills, strong numerical and analytical abilities, and a collaborative nature.

What you'll do:

As an Operational Risk Associate, you will play a crucial role in supporting the delivery of key ORM deliverables. You will be responsible for reviewing and challenging internal risk events, ensuring that the root causes are understood, any control issues are identified, and appropriate remedial actions are taken. Your role will also involve supporting the delivery of Risk & Control Self-Assessments (RCSAs), assisting with the review and assessment of Operational Risk scenarios and capital calculations, as well as supporting the Third Party Risk Management process. Additionally, you will provide first line support for local operational risk systems and coordinate and prepare Operational Risk Committee agenda, papers, and minutes.

  • Support the delivery of key Operational Risk Management (ORM) deliverables.
  • Review and challenge internal risk events ensuring root cause of events are understood.
  • Identify control issues and ensure appropriate remedial actions are taken.
  • Support the delivery of Risk & Control Self-Assessments.
  • Assist with the review and assessment of Operational Risk scenarios and capital calculations.
  • Support the Third Party Risk Management process.
  • Provide first line support for local operational risk systems.
  • Coordinate and prepare Operational Risk Committee agenda, papers, and minutes.

What you bring:

The ideal candidate for this Operational Risk Associate position brings a wealth of skills and experience. You possess excellent organisational and time management skills which enable you to handle multiple tasks efficiently. Your strong numerical and analytical skills allow you to make informed decisions based on data analysis. You have excellent communication skills which enable you to effectively convey information across various teams. Your customer-centric career experience has equipped you with a deep understanding of customer needs. Your ability to innovate, support change, and problem solve is demonstrable through your past achievements. You have a collaborative nature which contributes to a successful team performance. Your sound knowledge of the Banking Industry and high level of computer literacy and skills in data manipulation/presentation make you an ideal fit for this role.

  • GCSE or equivalent qualification.
  • Excellent organisational and time management skills.
  • Strong numerical and analytical skills.
  • Excellent communication skills.
  • Customer-centric career experience.
  • Demonstrable ability to innovate, support change, and problem solve.
  • Collaborative nature to contribute to a successful team performance.
  • Sound knowledge of the Banking Industry.
  • High level of computer literacy and skills in data manipulation/presentation.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

Contract Type: FULL_TIME

Specialism: Risk & Compliance

Focus: Risk - Operational Risk

Industry: Financial Services

Salary: Up to £50,000 per annum

Workplace Type: Hybrid

Experience Level: Associate

Location: City of London

Job Reference: DPHEVX-BB8B41BC

Date posted: 07 November 2024

Consultant: Malak Ahmed

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