Operational Risk Senior Associate/AVP

Recruiter
Morgan McKinley
Location
London
Salary
Neg
Posted
08 Aug 2017
Expires
16 Aug 2017
Contract Type
Permanent
Main Responsibilities:

* Be responsible for developing and executing part of the regulatory strategy for operational risk supervision
* Be responsible for generating peer group comparison information for specific firms using quantitative and qualitative indicators
* Work closely with the FCA and other regulators
* Provide technical support for Policy colleagues
* Undertake firm assessments of the quality of operational risk management framework - these involve reviewing firm frameworks for identifying, measuring and mitigating operational risks and the capability of firms' senior management and technical staff to manage them.

Candidate Requirements:

* Strong understanding of operational risk in relation to firms' business and operating models
* Track record of making improvements in operational risk management in a firm and/or achieving changes through successful supervision
* Knowledge of operational risk management practices gained through direct experience in risk management in a firm or through working in a regulatory body
* Detailed knowledge of banking/insurance supervision and Operational Risk supervision in particular.
* Excellent excel spreadsheet and power point presentation skills.

Skills, experience and behaviours required:

* Ability to apply knowledge of typical operational risk frameworks to reviewing both the design and effectiveness of firms' operational risk management
* Proven ability to interact with senior management
* Proven ability in interviewing firms' representatives at every level and influencing Board members, senior management and industry specialists
* Ability to work alone, or as part of a team, with good relationship management skills
* Strong personal impact and influencing skills
* Ability to draft clear and concise reports in accordance with the firm's approach
* Acting as an ambassador for the Risk Infrastructure and Operational Risk

What will you get from the role?

* Undertake stimulating and challenging work in Operational Risk, with the opportunity to influence positively firms' behaviour at a time when Operational Risk is high on the regulatory agenda
* Contribute to the implementation of the Operational Risk strategy
* Gain a unique perspective on the financial services approach to implementing Operational Risk framework
* Insight into the international development of Operational Risk requirements

Morgan McKinley is acting as an Employment Agency in relation to this vacancy.

Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.