Operations Risk Management (ORM) Expert

What will do as an Operational Risk Expert?

In your role you will challenge, advise, and support the identification, analysis and mitigation of non -financial risks identified by 1st Line of Defence/business, raising the non-financial risk awareness throughout our organization and check that the 1st Line of Defence/business is complying with the risk appetite and escalate where necessary.

You will be mainly responsible for:

2nd Line of Defence Risk management

Challenge risk management execution and control processes and take corrective actions, if necessary.

Coordinate reporting of risks and controls by the first line of defence regarding our entity and business processes.

Challenge and advise the Risk and Control Self-Assessment results of the business.

Oversee and objectively challenge any actions that may give rise to operational risk and escalate if necessary.

Data collection, analysis and risk reporting

Conduct research using primary (risk) data sources and select information needed for the analysis of key themes and trends.

Ensure regular reporting to entity non-financial risk committee related to issues, events and risk exposure.

Information and Business advice

Provide specialist advice on the interpretation and application of internal policies and minimum standards, resolving queries and issues and referring very complex or contentious issues to others.

Act as champion and point of contact in your area of expertise in highly specialized risk areas of fraud, sourcing, employment practice, personal and physical security and others.

Maintaining internal relationship management

Build effective working relationships with your peers and colleagues and providing high-quality professional service to support in delivering business strategy and plans while earning trust of your key stakeholders.

Development of policies and procedures

Contribute to the drafting and reviewing of internal procedure documents within your area of expertise to ensure compliance with external and internal requirements.

Risk and issues management

Identify and evaluate risks, issues, dependencies, and constraints associated with the project and run organization - escalating where appropriate. Where necessary, develop, agree on, and implement solutions to overcome these.

Solutions analysis

Analyse specific problems and issues to find the best solutions (in cooperation with business)

Events management

Review, challenge, advise and approve the closure of operational events (incidents) reported by business.

Key Control Testing

Execute 2nd Line of Defence monitoring role on execution of the key controls

We are looking for a colleague with good communication skills who can influence others, can think critically and use data while collaborating with others. She or he is able to direct decisions and sustain change implemented in rapid pace. She or he has ability to apply risk considerations to new processes, areas, technologies, and innovations.

• You are passionate about risk(s), you have proven experience and you know how to manage them
• You are proactive, resourceful, and willing to go extra mile
• You have a “yes we can” attitude
• You are an independent and critical thinking person, a problem solver who understands rules and makes them pragmatic and practical,
• You have organizational skills, are structured and efficient planning comes naturally.
• You can use your skills to help us identify, measure, analyse and assess the likelihood of risks

Candidates with below qualifications have an advantage:

• University level degree
• Solid understanding of banking environment, as well as Risk (management)
• Previous experience in Risk, audit or control function is an advantage
• Process knowledge and experience
• Excellent written and verbal communications skills in English

Wage (gross): 3.130 EUR/mont

*By legal requirement we are providing the information about the basic wage component (minimum salary) for the advertised position. Based on your experience/profile, the final financial conditions will be the subject to discuss and negotiate at the personal interview, however, not less than above mentioned minimum salary component.