A leading international asset management firm, based in the City, is seeking an Operational Risk Manager to join their Risk and Compliance team.
The Organisation The firm operates with a clear set of objectives, a cohesive strategy and a sense of purpose. The framework for operating is agile; enabling the organisation to respond quickly to the sponsors, stakeholders and regulators. There is a cutting-edge approach to solutions underpinned by a highly collegiate and team-spirited culture with the technical skills to deliver.
Providing support with respect to the design, management, implementation and ongoing development of a robust and proportionate second line Risk Management Framework (RMF) for the business
Acting as a proactive and effective risk partner to the business, which includes providing independent oversight and challenge to the first line risk owners' processes, systems and controls.
Working alongside the Investment Risk Team regarding the implementation of their second line investment risk management activities.
Supporting the business in proactively proposing and completing regular risk-based assessments and scenario planning exercises to test the adequacy of the RMF and the business's resilience to current and emerging risks.
Managing the R&C Team's due diligence activities with respect to external third parties, including external managers, trading counter-parties, investment vehicles and service providers.
Assessing and reporting on risk management in relation to proposed projects and business change activities, and participating in any associated working group activities.
Providing risk management training and education to enhance the awareness and understanding of risk within the business.
Ensuring the effective and timely implementation of any control or other RMF enhancements identified through the delivery of the R&C Team's risk management activities or the completion of any internal or external audits.
Maintaining and developing the business's E&B framework, which includes helping to ensure the activities of the business remain within its agreed Risk Appetite and any control enhancements are delivered in a timely manner.
Ensuring meeting minutes accurately reflect the discussions held with respect to the relevant risk management activities.
Managing, implementing and developing the R&C Team's policies and procedures relating to risk management activities.
Supporting the annual review and approval of the R&C Team's risk management policies and procedures.
Maintaining the necessary systems to support the delivery of the RMF across the business, including the risk components of the R&C Team's Risk & Compliance System.
Sound relevant experience and skills developed in the investment management industry with strong investment industry knowledge.
A deep understanding of a wide variety of investment management business functions and a strong appreciation of the associated risk and control frameworks.
An understanding of the regulatory environment applicable to a UK defined benefit pension scheme would be advantageous.
Strong and demonstrable experience of delivering and developing a mature Risk Management Framework as part of a second line operational risk management function.
Ability to produce output to a consistently high standard within a specific timeframe.
Ability to interpret regulations, policies and procedures, and apply them to current and potential business activities.
Experience of producing and delivering risk management information to senior management.
PC skills, as a minimum able to use Word, Excel and PowerPoint to a high standard.
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