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Permanent

Risk and Control Officer

London
money-bag 45000.00-45000.00 Annual
3071606175
Posted Yesterday

My client is an International Bank that specialises in the provision of wholesale banking services. About Risk and Controls position: Like any other regulated bank, our client needs to ensure that they are managing risk and controls effectively. Risk is currently managed by the second line Risk Manager; however, it has been recognised that the bank needs to develop its Risk and Control framework further to gain better insight into the bank''s risks, Important Business Services and the quality of the controls that underpin each process. The Risk and Control Officer will be focussed on working with each of the 1st line teams to ensure successfully embed the risk management framework across the first line. The successful candidate will be focussed on understanding the purpose of each of the first line teams and the identification of the banks key risks and controls.These teams will turn to the Risk and Control Officer for guidance, requiring support in the mitigation of any control weaknesses identified to help develop a strong risk culture. The Risk and Control Officer will be responsible for: Developing operating effectiveness control testing to ensure that the bank has a complete understanding of the control landscape and drive actions to address control weaknesses. Building their 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 and the associated conseq

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