Risk Manager
CR3
Full Time
Home Based/Manchester Hub
Pam Ward is the hiring manager
Purpose of the role:
To support the delivery of the Bank’s risk framework, within specified area(s), to facilitate the delivery of the risk management framework, drive good customer outcomes, and discharge risk accountabilities.
Key Accountabilities:
* Delivery of the risk management framework into the specified area(s) ensuring that processes and controls are in place which enable senior management to discharge their respective accountabilities.
* Establish, maintain and nurture key relationships with relevant senior managers across the function to support the achievement of their risk objectives
* Ongoing management of specified area(s) RCSA process ensuring that it is up to date and maintained, subject to a robust testing and reporting regime; regularly assessed; tracks actions to address control issues and, ultimately, provide the relevant entity owners with sufficient evidence to support a risk and control assessment of their area
* Manage the components of the risk management framework to ensure effective compliance and delivery of robust risk management. Specifically:
o Identification of business unit issues/ risks and tracking of appropriate mitigation
o Risk event reporting, resolution and tracking (including complex historical issues)
o Management and tracking of 2nd & 3rd line actions
* Manage production of relevant governance packs and inputs to governance meetings as required
* Assist in the preparation of briefing packs for senior management ahead of regulator visits/meetings, providing insight and analysis where necessary.
* Provide input to all relevant transformation activity ensuring that all risks transferring into BAU have been identified; their impact assessed and have been appropriately considered and mitigated. Provide risk support and challenge to projects as required.
* Provide risk support and challenge to assurance activity, including the Annual Product Review process.
* Collaborate extensively with the 2nd & 3rd lines to ensure risk proposals are aligned to the Bank’s risk approach
Ability to deputise for Senior Risk Manager where appropriate
Knowledge, Skills & Experience:
* Experience in the management of risk
* Understanding of key policies in relation to all risk themes
* Detailed knowledge of the respective product area
* Good verbal and written communication skills
* Good knowledge of UK banking industry, competition, commercials and regulation activity
* Good understanding of company strategy and objectives
We may withdraw this vacancy once suitable number of applications have been received.