Job Description

PERM - RMD - Operational Risk Manager - AVP.
London, LND, GB, EC2M 2AT
PCD320162

Here At the organisation, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn’t perfectly align with the job description. Whilst we’ll always strive to be better, we’re proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are
United by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA, the organisation has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary
To support the Head of Operational Risk and Resilience in the BAU governance and management of the Operational Risk Management Framework.
To execute Operational Risk and Operational Resilience related processes, which includes.
(i) Leading the end-to-end processing of Operational Risk Events.
(ii) Performing review and challenge of Operational Risk Events.
(iii) Leading the end-to-end processing of Risk Issues, Actions and Risk Acceptances.
(iv) Performing review and challenge of Risk Issues, Actions and Risk Acceptances.
(v) Production of Operational Risk reporting for the Operational Risk and Resilience Committee (monthly), ExCo (monthly) and Board Risk Committee (quarterly).
(vi) Coordinate the Key Risk Indicator process.
Participate in any initiatives to enhance the BAU operation and future state of the framework.
To deputise for the Head of Operational Risk and Resilience in relevant forums, working groups and committees as required.
Business Area
Position Description
This role requires a hands-on approach to the review and challenge of first-line outputs as well as production of reporting and execution of BAU processes, in a timely and robust manner. These deliverables concern SMBC-BI, CM and EMEA-wide Entities and Branches. The incumbent will be proficient at various applications such as Excel, PowerPoint and Word to create information such as tables, graphs and other information in a presentable and streamlined manner.

Operational Risk Events, Risk Issues, Actions and Risk Acceptances.

Lead the end-to-end processing of Operational Risk Events (submitted by the first line), as well as perform a review and challenge role. This requires a robust review of Operational Risk Events, to ensure they are well-written and contain all relevant information, as well as challenge the proposed mitigations to ensure they are appropriate.

Lead the end-to-end processing of Risk Issues, Actions and Risk Acceptances (submitted by the first line), as well as perform a review and challenge role. This requires a robust review of these items, to ensure they are well-written and contain all relevant information, as well as challenge the appropriateness of proposed Action closures.

Operational Risk Reporting

Monthly production of operational risk reporting for the Operational Risk and Resilience Committee. This reporting includes, for example, (i) Risk Appetite, (ii) Operational Risk Events, (iii) Risk Issues, (iv) Key Risk Indicators etc.

Key Risk Indicators

Lead the end-to-end processing of Key Risk Indicators, as well as perform a review and challenge role. This requires a robust review of Key Risk Indicators, to ensure the mitigations for Red and Amber status KRIs are well-written and are appropriate to mitigate the relevant risk.

Other

Support in ensuring a better risk awareness across the company, to help improve decision-making and help the company better manage downside risk and take well informed upside risk.