Head of Operational Risk - Reading

  • Company

    Barclay Simpson
  • Location

    UK-South East
  • Compensation

    Up to £80,000 basic + bonus + benefits
  • Position Type

    Permanent
  • Employment type

    Full time
  • Updated

    26 Oct 2009
  • eFC Ref no

    583843
The UK arm of this major retail banking, insurance and wealth management group have an open requirement for a Head of Operational Risk to cover UK Business Operational Risk, Financial Crime Strategy, Information Security, Business Continuity as well as SOX testing and reporting.

The successful candidate will have 3 direct reports and a direct reporting line into the European Chief Risk Officer. This role has arisen due to an internal promotion and likewise the successful candidate will have good opportunities for career progression.

Responsibilities will include :

  • Creation/maintenance and implemention of the strategic plan and framework for the Operational Risk Management function to achieve target rate of economic capital reduction. The framework should systematically identify, measure, monitor and manage risk to AMA Basel II requirements. The strategy and plan should incorporate complete span of responsibility for Information Risk, Business Continuity, Personal/Physical Security, Financial Crime and to the group’s requirements.
  • Identification and Management of risk management projects to ensure continued development and embedding of the risk framework, meet changing regulatory, Head Office and Group requirements whilst balancing customer needs.Projects will be Head Office, Global and local
  • Ensure compliance with FSA and Head Office policies
  • Act as key consultant to all departments on the risks associated with new or changed process, strategies and product proposals. 
  • Manage, develop and motivate the team to achieve individual and team objectives
  • Support team members with their projects to ensure robust implementation of solutions to balance risk mitigation with being practical to the business and the customer
  • Seek Opportunities to develop collaborative working relationships within the team, other business units and external business partners.
  • Agree test plan with Finance
  • Resource and monitor business and IT testing
  • Maintain strong relationships with internal; audit, compliance, CRO, CEO and additional Head Office staff

Skills Required :

  • Relevant tertiary qualifications (or equivalent) within commerce, finance or business
  • Extensive financial services exerience within risk, audit or operations (ideally a blend of all 3)
  • A good understanding of wider FSA compliance principles within the UK retail financial services sector
  • Exposure to fraud management/ financial crime is preferable
  • Good communication skills are essential
  • Contact:

    Simon Bradbury

  • Company:

    Barclay Simpson

  • Website:

    www.barclaysimpson.com

  • Recruiter Ref:

    SB17640

  • Note: Please quote eFC Ref: 583843 when applying for this job.

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