I am working with a Bank who have global presence to help them increase their capability across the second line in defence. Seeking an experienced operational risk professional to provide second line of defence (2LoD) oversight, challenge, and assurance. The role focuses on third-party risk management, outsourcing, data management and protection, and oversight of new products and significant change.
Key Responsibilities
- Lead independent oversight of operational risk across COO-related functions.
- Review and challenge Risk and Control Self-Assessments (RCSA), incidents, data protection assessments, third party risks across their outsourcing, and new producs
- Support Data Protection compliance and ensure timely closure of audit/assurance findings.
- Enhance and standardise risk policies, frameworks, and procedures; monitor regulatory developments across the FCA, PRA, and ICO
- Train and engage first line of defence (1LoD) to strengthen adherence to risk standards.
- Prepare committee/board papers and deliver thematic reviews, opinion papers, and assurance activity.
- Collaborate with internal audit and other 2LoD risk owners to ensure an effective control environment.
- Contribute to embedding risk culture and awareness across the organisation.
- Strong knowledge of UK financial services and regulatory environment.
- Several years of senior operational risk management experience.
- Expertise in outsourcing and critical third-party risk management
- Experience working with group/branch/subsidiary structures.
- Excellent communication and influencing skills, with ability to provide constructive challenge.
- Solutions-oriented with proven ability to design and enhance frameworks, policies, and processes.
- The ability to work in the London office 3 days per week.
