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Operational Risk Associate

Robert Walters
Posted 7 days ago, valid for 17 days
Location

London, Greater London EC1R 0WX

Salary

£50,000 - £60,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A leading Global Bank is looking for an Operational Risk Associate to join their London team.
  • The role requires 3-5 years of experience in operational risk management or a related field.
  • The successful candidate will earn a competitive salary of £50,000 to £70,000 per year.
  • Key responsibilities include reviewing internal risk events, supporting Risk & Control Self-Assessments, and assisting with Third Party Risk Management.
  • Candidates should possess strong analytical and communication skills, along with a solid understanding of the Banking Industry.

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

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.