Operational Risk Officer

Our client, a leading Financial Services organisation is looking to recruit an Operational Risk Officer to join their expanding team which is in the process of experiencing an exceptional period of growth. This is a unique opportunity to join a dynamic, fast growing organisation. The successful candidate will have strong opportunity for career progression.

Responsibilities

• To provide support to the Risk Manager in respect of managing operational risk within the firm 
• Communicate, interpret and implement Risk Management policies & procedures
• Prepare regular, ad-hoc or special risk reports for the Company’s Compliance/Risk Committee and Group reporting as required
• Preparation / Review of periodic Risk and Control Assessments of Operational Activities 
• Production of various periodic and ad-hoc Operational Risk Reporting including statistical/ trend analysis, remediation tracking and KPI management
• Participate / Chair Operational Risk Monthly Forums with Operational Management
• Working on rectifying operational errors, resolving the error at hand and tracking the implementation appropriate protocols to mitigate the risk of reoccurrence
• Training staff on operational error reporting and other risk functions
• Support the collection and processing of periodic and ad-hoc reporting to the Parent company or appointed committees
• Responding to queries from the Parent Company or other group affiliates
• Conduct deep dive risk assessments or other projects as directed by the Head of Operational Risk
• Assist Internal Audit and Operations with general risk assessment and management
• Assist with the oversight of BCP/ DR management process ensuring clear and progressive reporting to senior management escalating any key concerns
• Conducting Outsourcing & Vendor Risk Assessments
• Assess risk in the Company’s new or existing products, services, processing and operations
• Study new and emerging international regulations and their application, reporting on the requirements and how they affect the business, and implementing processes to satisfy these requirements

Requirements

• University degree in accounting, finance, law, business or a related discipline
• Holder of the Licentiate of the Association of Compliance Officers of Ireland (LCOI) is preferred but not essential
• Minimum of four years’ relevant experience in Compliance, Audit or Operational Risk Management
• Hands on knowledge of risk assessment techniques with strong cross-experience in financial Services, the Fund Services environment is preferential
• Experience of Risk Management within a MiFID firm is desirable
• Ability to demonstrate detailed knowledge and understanding of regulatory and operational risk, and operational risk principles
• Have a structured and determined approach to work, display a keen sense of attention to detail, and a strong appetite to act on guidance and recommendations
• Project management skills and ability to analyse project progress and direct/redirect team efforts
• Complete work is a timely and accurate manner, with the ability to manage workload effectively
• Diplomatic and mediation skills
• Strong leadership and communication skills with fluent English (both oral and written)
• Advanced PC skills in the Microsoft Office suite of applications