Operational Risk AVP

Location: 
London
Job Type: 
Permanent
Ref: 
BBBH690818
Salary: 
Competitive
Consultant: 
Tereza Tomasova

Key Responsibilities:

  • Setting approach/standards for establishing, measuring reporting and managing non-financial risk appetite
  • Defining how metrics and thresholds should be used within the framework to represent the different risks within the organisation as well as ensuring the appropriate calibration to represent appetite
  • Ensuring the approach is adaptable so that it can be applied across the different levels of the organisation, from Group down to Country or Business Unit
  • Contributing to the implementation of changes to the other framework components and implementing new framework components
  • Engaging effectively with key stakeholders of the Framework, both within and outside the division, to ensure that it is well-understood and addresses relevant requirements
  • Providing suitable advice, expertise and training, where required, to allow users of the Framework to understand the different element of the framework and their responsibilities
  • Developing and maintaining relevant policies and procedures covering elements of the Framework, including roles and responsibilities and minimum standards
  • Supporting efforts for remediating regulatory requirements and audit points relating to the Framework in a timely and satisfactory manner
  • Preparation of adhoc management/status reporting documents

Desired Skills & Qualifications:

  • Previous experience within an operational risk role in addition to extensive knowledge and understanding of framework components
  • Adaptable, with the ability to apply core skills to a wide range of tasks and issues
  • Extensive experience in a business, risk management, consulting or other relevant control function, ideally at a global financial institution or other relevant peer
  • Experience in leading projects or working closely with project managers in carrying out large and/or complex initiatives
  • Knowledge of industry best practice and relevant regulatory requirements covering one or more areas of non-financial risk management
  • Experience of working effectively with teams spanning multiple geographical locations
  • Strong analytical and problem-solving skills
  • Sound judgment, with the ability to make well-reasoned decisions on complex issues taking into account relevant evidence
  • Strong written and verbal communication skills, including the ability to explain complex issues to both generalist and specialist audiences
  • Professional accountancy qualification would be desireable but not essential

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.

Tereza Tomasova
Consultant | Risk Management
44 (0)20 70920193
ttomasova@morganmckinley.co.uk