Risk Officer

Our client is seeking to recruit for a Risk Officer to join the team. 

Duties include:

• Working with the risk owner on the RCSA process to ensure that risk assessments are conducted at least annually or following a trigger event and entering the relevant data on the Operational Risk database.
• Conducting RCSA control testing in accordance with the prescribed frequency and entering results to the Operational Risk database.
• creating action plans with the control owner where a control requires improvement or has failed testing and entering relevant data to the Operational Risk database.
• Developing KRI measures for the business area and providing results to Operational Risk on a monthly basis, in accordance with agreed deadlines.
• Providing training and support to the business area on risk reporting requirements.
• Ensuring risk events are quantified and entered to the Operational Risk database on a timely basis.
• handling compliance Monitoring Framework Requirements
• Preparing internal and external audit reports 
• Tracking progress with the resolution of audit points reported by Internal Audit or External Audit to ensure they are delivered in accordance with agreed timescales.
• Escalating related issues to business management and Business Risk Forum as appropriate.
• Supporting business executive with logistics of a Business Risk Forum to provide visibility on business risk profile and associated matters.
• Working with all the Customer Experience areas to embed the Bank’s risk/compliance management processes within the remit of the Chief Customer Experience Officer.

• Previous proven work experience of at least four (4) years within a banking or financial services environment.
• Highly responsible and committed
• Remaining up to date on areas related to the role

• An MQF level 5 Diploma relating to compliance, risk, internal audit or Anti Financial Crime.