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Operational Risk Manager (10834)

companyInvestec
locationLondon, UK
PublishedPublished: Published 2 months ago
Operational Risk
Investec is a distinctive Specialist Bank serving clients principally in the UK and South Africa. Our culture gives us our edge: we work hard to find colleagues who'll think out of the ordinary and we put them in environments where they'll flourish. We combine a flat structure with a focus on internal mobility. If you can bring an entrepreneurial spirit and a desire to learn and collaborate to your work, this could be the boost your career deserves.

The aim of the operational risk team is to enable the responsible and commercial development of Investec Bank PLC by promoting sound management of operational risk through learning, co-development and engagement. We are a team of 13 risk managers, spread across London, Reading, Guernsey, Mumbai, Dublin and Zurich, who regularly engage as a team and with various stakeholders across the whole bank. Our day-to-day activities involve regular collaboration regarding new products & initiatives, material outsourcing arrangements, internal and external risk events, understanding operational risk inherent to the business and facilitating scenario analysis to enable proactive identification and management of risk.

IBP Operational Risk is looking for an individual with a sound understanding of Private and Transactional Banking products and services to help the 2LOD OR team adequately monitor and challenge the Operational Risks. The role provides a great opportunity to get involved in a different products and initiatives in Private Bank, Transactional Banking and Third Party Management and will engage with stakeholders across all levels in the organisation.

What will I be doing?

The role is responsible for oversight of the implementation of the Operational Risk Framework which includes
  • Facilitation of risk assessments with business units and support functions, including full end to end transaction lifecycle reviews.
  • Timely capture and review of operational risk events, with appropriate escalation and root cause trend analysis.
  • Manage the scenario analysis process which feeds into the Bank's ICAAP.
  • Assist in the planning and execution of thematic reviews based on external events or cross IBP events.
  • Promote operational risk awareness and conduct training for all employees.
  • Compile risk governance forums reports to highlight key risks and events.
  • Participation in Operational Risk forums and working groups.
  • Review and participate in the approval forums for new products, businesses and projects.
What are we looking for?

Technical knowledge:
  • Thorough understanding of risks and controls within a financial services company. Ability to advise on appropriate controls and risk mitigation
  • Knowledge of Regulatory risks and Risk management in Financial Institutions
  • Detailed knowledge of operational risk management methodologies and principles
  • A good working knowledge of Microsoft Office (Excel, Word and PowerPoint)
  • Skills and how they are applied
  • Communication - engage with a wide range of colleagues and articulately discuss / write report on various issue (verbal / written / presentation)
  • Challenge - ability to challenge multiple SMEs and management on a wide range of topics and risks
  • Attention to detail - to pick up on errors and produce accurate work, with strong analytical capability
  • Organised - work to multiple deadlines yet maintain flexibility through the workday
  • Strong interpersonal and relationship management skills
  • To act with integrity at all times and embrace the philosophy of treating our customers fairly
If this is the role for you, click apply today and the team will be in touch shortly!

As part of our collaborative & agile culture, our working week is 4 days in the office and one day remote.

Investec offers a range of wellbeing benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer;

Wellbeing

Wellbeing Subsidy, Corporate Gym Membership, Virtual GP, Peppy Health App (Fertility, Menopause and Early Parenthood), Optional Private Medical & Dental Insurance

Monetary

Non-contributory Pension & Discretionary Bonus

Life & Income Protection

Life Assurance, Critical Illness & Income Protection

Travel

Season Ticket Loan & Electric Vehicle Scheme

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same - if the role excites you, please don't let our person specification hold you back. Get in touch!

Recite Me

We commit to ensure that everyone is fairly assessed during our recruitment process. To assist candidates in completing their application form, Recite Me assistive technology is available on our Careers pages. This can be accessed by clicking on the 'Accessibility Options' link at the top of the page.

The Recite Me tool includes a screen reader, styling and customisation options, a series of reading aids, a translator and more.

If you have any form of disability or neurodivergent need and require further assistance in completing your application, please contact the Careers team at [email protected] who will be happy to assist.