Risk and Control Officer

Location: Millwall

Sterling Williams are currently supporting an International Bank based in Canary Wharf who are looking to hire a Risk & Control Officer on a permanent basis to join their second line of defence. Risk & Control Officer Permanent;
Full-time (hybrid working is on offer based 2-3 days per week but must be flexible based on business need) Salary circa £45 - 54,000 pa plus benefits Canary Wharf The Risk & Control Officer reports to the Risk Manager who has oversight of the Banks risk, and the department needs to ensure that they are managing risks effectively, mitigating them with robust and well-designed controls.

The role has arisen as the Bank embarks on further projects to develop and enhance its Operational Risk & Control framework. The successful candidate will work closely with the front line teams who have ownership of these risks and controls. We expect you to gain insight into the Banks risks, the Important Business Services and be able to assess the quality of the controls that underpin each process in their day-to-day operations.

Responsibilities:
Developing operating effectiveness control testing to ensure that we have a complete understanding of the control landscape and drive actions to address control weaknesses. Building your knowledge of the bank to support teams in developing new controls and processes to create lasting solutions for minimising exposure to people, conduct and operational risks. Develop a comprehensive understanding of our risk exposure and control environment by embedding good risk management practices through building positive relationships with stakeholders across the three lines of defence.

Identifying and reporting operational incidents and assurance testing to help the Bank draw up mitigating actions and/or remedial plans. Maintaining the Banks Operational Resilience monitoring and assessment processes, reporting to Senior Management to provide assurance that the Bank remains compliant with regulatory requirements. Creating management information for inclusion in Operational risk reporting packs, audit and compliance assurance requests, to adhere to Regulatory requirements.

Provide cover for the Risk Manager in periods of holidays/absence. The successful candidate will likely have the following background:
Have worked in financial services, a regulated environment, with experience and understanding of risk, controls, and/or compliance. Have experience within risk management, incident analysis, risk reporting and control testing. Have a good understanding of industry risk regulation/standards and practices and are keen to learn more. Are curious and collaborative - youre great at asking incisive questions to pick things up, get to the bottom of problems, and act on them quickly.

Are a communicator, able to facilitate discussions, and influence others to gather meaningful feedback and support on your work. Thrive when managing multiple deadlines through to completion and have excellent attention to detail. Are resilient and comfortable working in an evolving and challenging environment.