Operational Risk Manager - 12 month FTC

Operational Risk Manager

London (Hybrid)

FirstBank UK is a globally recognised, top-tier bank who provide world-class services to various institutions and individuals. Offering a comprehensive range of retail and corporate financial services/products, this thriving business with over 10 million active customers in over 700 business locations is the oldest African bank in the UK. Due to business requirements, we are now looking to acquire the services of an experienced Operational Risk Manager.

• Please note that this is a 12 month fixed-term-contract position
• This is a hybrid role with 3 days in the office & 2 days from home

This is an excellent opportunity to work with a dynamic Operational Risk team to assist with the management and oversight of operational risk within the Bank by the execution and adoption of the Operational Risk Management Framework (ORMF), which includes risk identification, assessment, management, monitoring and reporting of risks, with particular focus on Risk and Control Assessments, risk event management, Control Assurance Testing and MI reporting.

Key Responsibilities:

• Support the Head of Operational Risk within second line of defense in the day-to-day management of operational risk to include key risk management activities such as: Operational Risk Event reporting and error resolution, Risk and Control Assessments, Business/project risk assessments, Key Risk Indicators and operational risk training to first line risk owners.
• Undertake and document Control Assurance Testing (CAT) linked to RCAs & risk events.
• Co-ordinate, monitor, and report on a framework of Key Risk Indicators (KRIs) for the Bank.
• Assist the first line of defense in the preparation and documentation of their Risk and Control Assessments (RCAs) for all areas within the Bank.
• Assist the first line of defense with the investigation of Risk Events and preparation of reports.
• Maintain both the risk event and risk issues logs, monitoring progress and escalating as required
• Compile the monthly MI reporting for the Risk Management Committee.
• Involvement in the process of embedding the operational risk framework throughout the business areas and contribute to the risk and control culture of the organization through knowledge sharing and awareness on the importance of risk management.

Key Skills/Experience:

• Operational Risk Management experience within a bank
• Breadth and depth of Operational Risk Management experience to make critical assessments and sound business decisions
• Experience gained within a Financial Services operational risk function, ideally within IT, Finance or Regulatory Reporting experience
• Solid quantitative and qualitative analytical skills, attention to detail and strong excel skills.
• Strong communication skills (both written and oral)

In return we offer a fantastic benefits package including:

• Up to 10% employer pension contribution
• Life Assurance Cover
• Income protection
• Private Medical Insurance plan (upon successful completion of probation period)

The Curve Group is First Bank UK’s outsource partner for Recruitment and a "Data Processor". The Curve Group will hold the information you submit but First Bank UK will have access to it. You can find their privacy policy here: https://www.thecurvegroup.co.uk/privacy-policy/

First Bank is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of sex, race, disability, age, sexual orientation, gender reassignment, religion or belief, marital status, or pregnancy and maternity.