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Prudential and Operational Risk Manager (FTC - Perm) - 18895

Saxton Leigh
London, United Kingdom
Competitive Salary
Closing date
May 22, 2024

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Job Role
Risk Manager
Contract Type
Full Time

Our client is an international bank based in the City. They are looking to hire a Senior Prudential and Operational Risk Manager onan initial 4-month FTC with the potential to go permanent.



  • Continue to maintain and update Operational Risk Management Policy of both the entities of the UK operations of the bank.
  • Collection, analysis, monitoring, and reporting of Operational risk incidents and related OR MI to present to key governance committees.
  • Conducting Root Cause Analysis in conjunction with business lines of reported operational risk incidents and preparing relevant reports to Risk Management Committee.
  • Planning, scheduling, and conducting Risk and Control Self-Assessments (“RCSA”).
  • Convening RCSA Working Group meetings, preparation of minutes (with support from Associate) and ensuring tracking of actions, escalating to DCRO/CRO as needed.
  • Annual refresh and update of the Risk Registers for both UK bank entities.
  • Reporting of Operational Risk incidents and other Operational Risk data to Group HO as required to comply with Head office and UK regulatory expectations.
  • Support DCRO in preparation of RMF, RAS, Pillar III, ICAAP, ILAAP and Recovery Plan for the UK subsidiary
  • Under supervision of DCRO, preparation for L-SREP and C-SREP or related reviews, including co-ordination of matters including Operational Risk assessments.
  • Provide second line of defence oversight on Capital (COREP, LR) and Liquidity returns (LCR, ALMM, PRA110, NSFR).
  • Prepare any relevant regulatory reports e.g. FSA017 for submission to the PRA.
  • Support DCRO in review and assessment of all Bank policies of the subsidiary.
  • Oversight on Liquidity Returns (LCR, NSFR, SLS) of UK Subsidiary for submission to parent bank on monthly basis.
  • Convening RMC meeting of Retail bank, with senior responsibility for accuracy in preparation and circulation of agenda pack to the members.
  • Preparation / review of Risk Management Pack for RMC, ManCo, BRCC and Board.
  • Monitoring and analysis of Key Risk Indicators as per Risk Appetite Statement of Retail bank and escalation and reporting to DCRO/CRO, Ensure accuracy of all MI, reports, for submission to regulators / other departments and Head office.


  • Minimum 3 years operational risk experience in a UK banking environment.
  • Good understanding of retail and wholesale banking products and services.
  • Minimum 1 years experience in producing RCSA either 1st line or providing 2nd line review and challenge.
  • Knowledge of regulatory requirements for identifying, monitoring and reporting of operational risks including Third Party Outsourcing and governance expectations.
  • Familiar with the supervisory environment (FCA/PRA) and pro-active in ensuring organisational compliance with regulatory principles and directives.

For further information please contact Eleanor Vine

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