Operational Risk Analyst - Retail Banking - Regulatory Change

ROLE - Operational Risk Analyst

DURATION - 6 months

LOCATION - Edinburgh or Manchester

PURPOSE OF THE ROLE/ACCOUNTABILITIES

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Undertake process analysis of existing policy procedures in order to develop changes
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Risk Assessments
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Event and Loss Data Management
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Scenario Analysis
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Risk Appetite
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Key Risk Indicators
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Findings and Action Plans
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Support the production of regular Operational Risk Reports.

KEY ROLE DELIVERABLES

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You will own components of the risk change agenda, building and implementing the Operational Risk function and operating model
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Ensure clear and effective transfer of responsibilities, you will ensure the provision of support, input and advice to development and finalisation of the regulatory business plan
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Develop reporting for the board and leadership team to provide an aggregate view of the status, risks and escalation of divergence from the framework.

EXPERIENCE

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A proven track record delivering projects initiatives coupled with the ability to work to tight deadlines, you will be experienced in managing a number of conflicting and frequently changing priorities
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Knowledge of the financial services landscape and banking regulatory environment: in particular detailed knowledge of regulatory requirements for Operational Risk management and measurement.
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Excellent communication skills both written and verbal.
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Experience of managing relationships and communicating at Executive/Senior Management level you will have demonstrated strong leadership capabilities, and experience of assessing, mitigating and managing operational risks across a wide, diverse business/set of functions

OTHER SIGNIFICANT ROLE REQUIREMENTS

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Ideally educated to a degree level and/or holding a relevant professional qualification.
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Membership of appropriate professional bodies (eg Institute of Chartered Accountants, Institute of Operational Risk, Institute of Risk Management, Professional Risk Managers Association, Global Association of Risk Professionals) - ensures up to date knowledge of market best practices.
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Knowledge of Operational Risk processes and their application within financial services.