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Risk Officer (Full Time)

Position

Risk Officer (Full Time 35 hours per week)

Purpose of Role

  • To support the Head of Risk in the ongoing development and management of the Risk Management Framework including Board Risk Appetite, Risk Monitoring and oversight of GDPR controls and arrangements
  • To deliver good outcomes for all our members

Responsibilities

  • Support maintenance of the Risk Management Framework
  • Management and administration of the Society Risk Register and associated reporting
  • Challenging Society’s stress tests scenarios and outcomes
  • Provide oversight of Model Risk Framework and Climate Change Risk Framework
  • Act as a main point of contact for Technology and Finance teams
  • Deliver assigned part of the monitoring plan covering treasury, model and data protection risks.
  • Manage internal risk events reporting to ensure appropriate escalation, mitigation actions and reporting through the risk governance structure
  • Reviewing the proposed control remediation programmes and action plans designed to bring risk exposure back within risk appetite where it has been exceeded
  • Conducting of thematic reviews or testing against areas of risk which are deemed to require additional assurance including root cause analysis
  • In the absence of the Head of Risk act as the Data Protection Officer and report information as required
  • Improve and administer Data Protection assurance framework and annual review of ROPA
  • Regulatory Horizon Scanning and regulatory change implementation as part of project team
  • Produce the Leadership and Board MI packs and circulate to Committee members in good time prior to Committee meetings
  • Maintain own development and skill to fulfil obligations of the role
  • Ensure that staff and members’ data is secure, accurate and used correctly in line the Society GDPR policy and standards. Adhere to the Society Financial Crime Policy, the controls and report any internal or external incidents of actual or suspected fraud, money laundering or financial crime, either in accordance with the internal money laundering process (Suspicious Activities Report) or via the Society’s Whistleblowing Policy. Complete and pass an annual dedicated financial crime and bribery prevention computer based training test.
  • Undertake a role of Data Steward for your business function and support Data Owner in ensuring data protection policy and information security policy and standards are operating correctly in protecting members and staff data

Skills and Experience

  • Good technical regulatory knowledge across the various FCA and PRA rule books relating to prudential risk and systems and controls.
  • Methodical, thorough and attention to detail and good excel skills
  • Excellent communication skills, able to communicate effectively with staff and external parties, including the Regulator
  • Demonstrate ability to interpret regulatory guidance in a commercial context
  • Experience in undertaking gap analysis, stakeholder management and advisory experience
  • Demonstrates a high level of personal ethics and conduct
  • Team player

Person Specs

Essential

  • CeMAP

Desirable

  • Risk Management qualification
  • Data Protection Regulation
  • AAT4

Employment Type

Full Time: 35 hours per week.

How to Apply