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Operational Risk Manager

Information About This Job

Job Title: Operational Risk Manager
Contract Type: Permanent
Location: London
Industry:
Contact Name: Adam Small
Contact Email: asmall@lawsonchase.com
Job Published: 5 months ago

Job Description

Our client, an innovative investment management firm is looking to hire an Operational Risk Manager.

 

The Role

To provide information and analysis of operational risk metrics to Senior Management and the Audit, Risk and Compliance Committee. You will be responsible for the ongoing establishment of risk management procedures, including regular risk management analysis and reports including the establishment, development and co-ordination of a new Operational Risk Committee.

 

Key Responsibilities

  • Maintenance and continuous maturing and development of the firm’s Internal Capital Adequacy Assessment

  • Process (ICAAP)

  • Maintain comprehensive records to demonstrate the development, inter alia of risk management processes, agreed mitigation actions etc. Maintain processes within the business for risk assessment, review of risk incidents, analysis of trends and identification of emerging risks

  • Collate data in agreed format from line managers throughout the business relating to the status of identified risk areas

  • Supply clear, succinct analysis of data, to agreed timescales, designed to highlight areas of risk demanding management attention at an early stage

  • Deliver excellent and clear risk reports

  • Assess developing trends to identify potential risk areas thereby facilitating prevention of risks materialising, ensuring appropriate risk mitigation measures and risk indicators are in place for risks identified and monitored

  • Develop and recommend changes and improvements to operating models, procedures and practices

  • Conduct risk reviews designed to validate the robustness of data from across the firm

  • Assist in key operational risk activities including due diligence of third parties and Business Continuity

  • Remain aware of industry/sector best practice and develop internal processes appropriately

  • Work with staff across the business to assist in the establishment, maintenance and development of relevant

  • controls

  • Coordination of the Operational Risk Committee, as well as attendance at Audit and Risk Committee meetings

 

Skills & Experience

  • Ability to assimilate and understand new information and data

  • IT Literate – including good Excel & Database skills

  • Good written and oral communication skills, with demonstrable experience in report writing – especially risk reporting

  • Time management and prioritisation

  • Ability to communicate appropriately at all levels of the business including at Executive Committee level

  • Process discipline and attention to detail

  • Appetite to develop knowledge of the firm’s business in general

  • Excellent level of understanding and experience of operational risk assessment/analysis

  • Experience in asset management (ideally with exposure to retail market) preferable

  • General awareness of the financial services industry

  • A broad business understanding

  • Knowledge of compliance and regulatory initiatives

  • Professional qualification in either Risk or Audit

 

Additional Information

  • The role reports to our Head of Compliance

  • Must be able to work on own initiative

  • Must be enthusiastic and keen to use initiative

  • Team player able to build strong working relationships

  • Specifically relevant experience is essential

  • Must have an analytical mind with a keen eye for detail

 

Company Benefits

  • 25 days per year for  ve day week. Increases to 28 days per year after five years’ continuous service.

  • Medical Insurance

  • Excellent pension scheme

Ref: | Published: 20 Feb 2018