Mandarin speaking Operational Risk Lead - Banking

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Ref: 23333

The Skills You'll Need: Mandarin andEnglish fluent, solid operational risk management experience within banking in the UK.

Your New Salary: c80kDepending on experience

Perm

Hybrid: 4 days in the office, 1 day at home

Start: ASAP

Report to: Head of Compliance

Mandarin speaking Operational Risk Lead - What You'll be Doing Each Day:

• Ensuring that the operational risk management framework of the Branch is fit-for-purpose and fully meets regulatory requirements.
• Implementing and maintaining the Risk Control Self-Assessment (RCSA) process across the Branch to ensure that all material operational risks are identified, measured, monitored and controlled effectively. Where appropriate, challenge the business and support areas' self-assessments.
• Escalating the progress of RCSAs and key findings, in accordance with policy, to the Head of Risk, CRO, Risk-Co, and other senior management, the business and support areas.
• Establishing and maintaining appropriate operational risk management systems, policies and procedures, and, where necessary, developing the infrastructure to support the operational risk framework.
• Maintaining and developing the Branch's KRI reporting framework.
• Utilizing external operational risk databases and other sources to support the implementation of RCSAs and KRIs in the Branch. Where appropriate, ensuring that the Branch's submissions to external databases are timely and accurate.
• Ensuring that all operational risk events are analysed, documented and reported in accordance with policy and that follow up actions are monitored
• Providing Branch-wide training about the operational risk framework, in particular Op Risk Events, RCSAs and KRIs.
• Developing and facilitating appropriate operational risk scenario assessments
• Ensuring smooth conduct of the Operational Risk Working Forum and prepare reports for Risk Committee and senior management on operational risks

Mandarin speaking Operational Risk Lead - The Skills You'll Need to Succeed:

• Proficiency in Mandarin and English language (writing and speaking).
• Have sufficient technical understanding of operational risk and some knowledge of other fields of risk management to have significant impact and influence with internal stakeholders and be seen as a subject matter expert.
• Be able to act autonomously within the operational risk area and to demonstrate leadership through applying a joined-up approach in KRI reporting and RCSA process.
• Educated to a degree level in numerate/financial/accounting discipline and/or have appropriate professional qualification.
• Extensive experience of implementing operational risk management and control frameworks, including a good knowledge of methodologies for measuring operational risk, in a commercial banking/treasury environment.
• An in-depth knowledge of a broad range of wholesale and treasury products, including, ideally, clearing and/or retail/private banking. Good knowledge and experience of operational processes around such products.
• A strong understanding of the UK regulatory framework for operational risk.
• Awareness of the broader scope of financial and non-financial risks, risk taxonomies and risk appetite would be an advantage.

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