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Operational Risk VP - Retail Banking - London

Job Title: Operational Risk VP - Retail Banking - London
Contract Type: Permanent
Location: London, England
Industry: financial services
Salary: £75000 - £90000 per annum
REF: BBBH20354_1553529640
Contact Name: Emily Marmoy-Haynes
Job Published: 24 days ago

Job Description

THE CLIENT:

A well-known Retail Bank is looking for a VP to join their Operational Risk department. This role will provide second line oversight on the management of Operational Risk and the use of the Operational Risk Management Framework.

THE ROLE:

Your key responsibilities will include but not be limited to:

  • Provide Operational Risk expertise to help with key business decisions at Risk Committees
  • Provide analysis and interpretation of risks to the first and second line
  • Manage risk effectively to provide measurable commercial benefit to the business
  • Engage with the regulators e.g. the FCA or PRA on behalf of the bank
  • Review and challenge the first Line in the design and effectiveness of governance and controls
  • Provide training to the first and second line to manage and strengthen understanding of Operational Risk
  • Ensure that all activities and duties are carried out in full compliance with regulatory requirements

YOU:

  • 5+ years' experience in an Operational Risk role preferably within Retail Banking
  • Previous experience working in a second line of defence Operational Risk capacity
  • Previous experience working within Retail Banking, Credit Cards or Wealth Management/Private Banking is essential
  • Excellent understanding and practical experience of Operational Risk management and frameworks
  • Strong communication skills and experience of communicating effectively with a wide range of stakeholders
  • Strong time management skills with the ability to prioritise work accordingly
  • Educated to degree level or equivalent e.g. MBA, Accounting, Risk Management

If you feel you have the relevant experience for this newly created opportunity then please apply to this advert and send your CV to Emily Marmoy-Haynes at Twenty Recruitment.

Twenty Recruitment's Compliance & Governance function are a team of specialist consultants covering Financial Crime Compliance, Regulatory Compliance & Operational Risk mandates, both permanent and temporary, across Financial Services, Technology and Energy.