Risk & Control Officer

Get AI-powered advice on this job and more exclusive features.

This range is provided by dnevo Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

Direct message the job poster from dnevo Partners

Enabling organisations to overcome Compliance, Risk & Reg. challenges

Our client, a small commercial bank is seeking to hire a first line Risk & Control Officer to ensure the bank is managing their risk and controls effectively. Risk is currently managed by the second line Risk Manager; however, it has been recognised that the bank needs to develop its Risk & Control framework further to gain better insight into the bank’s risks, Important Business Services and the quality of the controls that underpin each process.

The Risk & Control Officer will be focussed on working with each of the 1st line teams to ensure the Bank successfully embeds their risk management framework across the first line. You will be focussed on understanding the purpose of each of the first line teams and the identification of the banks key risks and controls.

These teams will turn to you for guidance, requiring support in the mitigation of any control weaknesses identified to help develop a strong risk culture.

You'll be responsible for:

• Developing operating effectiveness control testing to ensure that they have a complete

understanding of the control landscape and drive actions to address control weaknesses.

• Building your knowledge of the bank to support teams in developing new controls and

processes to create lasting solutions for minimising exposure to people, conduct and operational risks and the associated consequences, by identifying failed internal processes, inadequate controls, and emerging risks.

• Develop a real understanding of our risk exposure, control environment, deficiencies an

gaps by embedding good risk management practices through building positive relationships with stakeholders across the three lines of defence.

• Identifying and report risk and control deficiencies to 2nd line risk and manage any

mitigating actions.

• Maintaining the bank’s Operational Resilience monitoring and assessment processes

ensuring that the bank remains in accordance with Regulatory requirements.

• Creating management information for inclusion in Operational risk reporting packs, audit

and compliance assurance requests, to adhere to Regulatory requirements.

• Provide cover for 2nd line risk in periods of holidays/absence.

You should apply if you:

• Have worked in financial services, a regulated environment, with some experience and

understanding of risk, controls, and/or compliance.

• Have experience within risk management, incident analysis, risk reporting and control

testing.

• Have a good understanding of industry risk regulation/standards and practices and are keen

to learn more.

• Are curious and collaborative - you’re great at asking incisive questions to pick things up, get to the bottom of problems, and act on them quickly.
• Are a communicator, able to facilitate discussions, and influence others to gather

meaningful feedback and support on your work.

• Thrive when managing multiple deadlines through to completion and have excellent
• Are resilient and comfortable working in an ambiguous environment where the day-to-day

job is constantly evolving and changing.

• Are hands-on and great at execution.
• Are a self-starter and autonomous as well as being able to prioritise.

The bank is currently operating on a hybrid basis with two days in the office and three days from home.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

Referrals increase your chances of interviewing at dnevo Partners by 2x

Get notified about new Risk Management Officer jobs in London Area, United Kingdom .

Equity Analyst - $2bn AUM Long-Biased Hedge Fund

Greater London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 weeks ago

Investment Analyst, Early-Stage Private Equity

Risk, Credit Risk - Asset Finance, London, Analyst

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom £36,000.00-£49, hours ago

Global Equity Analyst, Listed Real Assets

London, England, United Kingdom 2 months ago

London, England, United Kingdom 3 hours ago

London, England, United Kingdom 2 hours ago

London, England, United Kingdom 2 years ago

London, England, United Kingdom 4 days ago

London, England, United Kingdom £60,000.00-£80,000.00 1 month ago

Credit Analyst (Nomura Asset Management)

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 day ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 2 hours ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr