Risk & Controls Officer

Arbuthnot Latham has been associated with banking since 1833. We combine private and commercial banking, wealth planning and investment management. We believe in traditional relationship and service-led banking powered by modern technology.

Job Purpose

The role will encompass a range of responsibilities, including assisting the Team Leader, Controls team in the daily monitoring of Operational bank accounts, investigating entries, and tracking progress until the entries are cleared.

Additionally, it will involve tasks such as data analysis, collaborating on management information (MI), and processing data to support the broader business.

Assisting Risk Oversight Manager in updating risk assessments, assessing controls, completing control testing and reporting key Operational risk metrics using an internal system.

To place the interests of customers at the centre of all activities, act in a way that is consistent with achieving good outcomes for consumers and to comply with the FCA and PRA's Conduct Rules.

Key Responsibilities:

• Investigate daily the breaks across the Banking Operations reconciliations and update relevant worksheet, in line with the Banking Reconciliation Framework.
• Identifying the team which will resolve the breaks and send instruction/query to investigate and clear relevant items, escalating any items not cleared within SLAs to the Senior Risk & Controls Officer or Team Leader, Controls Team.
• Complete First Line of Defence (FLOD) testing for agreed suite of tests in line with the FLOD testing schedule.
• Carry out all work in line with agreed procedures ensuring all documentation is kept up to date.
• Ensure SLAs are met with a view to exceeding them.
• Assist in project delivery for COO teams and broader business by conducting analysis or data processing within agreed timescales.
• Assist with the annual review of Operational process/procedure documentation.
• Assist with the investigation required for error and complaints.
• Assist the wider team by supporting the teams Risk Register and ensuring it is ready for quarterly review.
• Generate and deliver continuous improvement to processes to provide an enhanced client service and / or increased efficiency.
• Support the production of regulatory reports.

Risk:

• Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.

Key Interfaces:

• Work closely with Ops Resilience, Service Strategy & Optimisation, Banking Operations, Client Support Teams, IM Operations, Credit Operations, and IT.

Knowledge/Experience/Skills:

• General banking or relevant business experience.
• Competent use of Outlook, Microsoft Office & Excel.
• Effective written and verbal skills.
• Ability to work in a team.
• Able to maintain a high level of confidentiality, diplomacy, and discretion.

Qualifications:

• Relevant subject matter or equivalent business qualification

Life, Work and Benefits

Arbuthnot Latham is committed to equal-opportunities for all staff and candidates. We embrace inclusion & diversity and understand why they are critical for the success of our business and people.

• Agile working
• Competitive salary, pension & holiday allowance
• BUPA Health cover
• 4x Life Assurance
• Income Protection scheme
• Discretionary bonus
• Market leading maternity/paternity and menopause policies
• Flexible benefits

Data Privacy and Reasonable adjustments

We take keeping your data security seriously. For more detail on how we may keep your data please refer to our Privacy Notice

https://careers.arbuthnotlatham.co.uk/files/RecruitmentPrivacyNotice.pdf

Reasonable adjustments: Please let us know of any adjustments or arrangements that you may need to help you apply to this role or that will help you during the recruitment process. If you wish to discuss any particular requirements or concerns you have because of a disability or medical condition please contact us at [email protected]. Information you provide about any disability or medical condition will remain confidential unless it is necessary to disclose it to other members of staff or outside agencies to ensure the health and safety of yourself and others, or to implement the adjustments you require. In these circumstances we will first discuss with you how and to whom the information may be disclosed.