Senior Risk Officer in London

At a glance

The UK Risk Department provides, in an integrated way, oversight of credit, operational, reputational, regulatory and other non-financial risks in the ECRO’s geographical area of control, as outlined in the allocation of roles and responsibilities in the Entities Risk Charter (ERC).

The objective of the department is to advise on optimising the risk profile and managing all uncontrolled risks for the local organisation through:

•    providing an integrated overview across the risk taxonomy; 
•    providing an integrated management framework of risk across businesses within AAB and ABF UK Branches; 
•    ensuring a single point of contact towards (local) regulators for risk matters; 
•    monitoring and regular reporting of risks in a clear and concise manner; 
•    effecting checks to ensure adoption of policies, plans, rules and procedures to decrease the risk of unexpected losses or damage to the bank’s financial position and reputation; and 
•    improve risk data through data projects such as the BCBS239 implementation in the UK Bank.

Your job

The role of the Senior Risk Officer is to assist in ensuring that the UK Risk Department meets its objectives as detailed above, with a focus on Data Risk and Information Risk, as well as managing BCBS239 PERDARR implementation in the UK Bank.

The Senior Risk Officer has the following responsibilities:

Manage the BCBS239 PERDARR project and other associated change projects in the UK
•    Drive the execution and implementation of PERDARR in the UK to ensure BCBS239 regulatory compliance
•    Contribute to improvements to Risk Reports in the UK Bank to drive Data Compliance including Data Capability (Governance, Data Quality, Data Lineage, Data Sourcing)
•    Ensure alignment with the central departments such as the central PERDARR project team, the Data Governance & Compliance department
•    Share guidelines & templates to be used by relevant UK stakeholders such as the UK Data Steward;
•    Lead communication with relevant UK stakeholders to implement PERDARR
•    Follow the centralised Data Governance processes as defined in the Data Risk Policy and its Standard, as well as the BCBS239 requirements / Principles
•    Report on the progress of the BCBS239 implementation, and raise escalations and  dependencies (whilst ensuring accountability is assigned to action owners), to the UK Project Committee and UK Entity Risk Committee.
Set Standards and Best Practices
•    Assist with ensuring risk policies set globally as well as locally are applied and adhered to
•    Assist with in optimising systems and procedures to implement and monitor the adherence to the risk policies and appetite of the bank and other related procedures and guidelines
•    Assist in ensuring that systems and procedures are effectively identifying, measuring, monitoring and controlling credit risk, as well as non-financial risks incurred by the bank   
•    Assist in evaluating risk management frameworks and the assessment and measurement of risk
•    Assist with managing local risk processes to ensure an integrated approach, operational efficiency, effectiveness and the application of best practice 

Monitor and assist with Management of the Risk Processes
•    Assist with ensuring the existence of independent risk management processes and discipline and consistency with risk standards, policy and appetite
•    Assist with monitoring control processes for financial and non-financial risks.
•    Assist in identifying risk control weaknesses, report them and require corrective actions as necessary. 
•    Respond to or escalate recognised and potential risk issues to the appropriate persons as soon as they are discovered.     

Your working environment

ABN AMRO is an enterprising bank with a primary focus on Northwest Europe. We serve clients in the retail, private banking and corporate banking sectors. We are also present internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.

At ABN AMRO we have a clear purpose: Banking for better, for generations to come. The shift towards sustainability is one of the most important challenges of our time. Supporting our clients at times that matter has always been our role and our responsibility. Together, we aim high and work towards lasting relationships that are relevant and responsible, both now and in the future. We want to be the bank that leads the way.

Our strategy goes far beyond financial value: we want to accelerate the transition to sustainability. We do this by supporting and advising our clients in order to facilitate their sustainability shift. Our commitment to clients, employees, investors and society calls for clear direction, focus and dedication.

We concentrate on our three strategic pillars:

• Support our clients transition to sustainability
• Reinvent the customer experience
• Build a future-proof bank

Our strategy requires a culture of working together and permanent learning. It's only with this mindset that we unleash the best in ourselves to deliver a high standard of performance. ABN AMROs culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients.

ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:

• Corporate and Institutional Banking which includes Corporate Banking, Clearing, Global Markets - Sales & Trading and Financial Institutions 
• Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services

Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 people in the UK.

Your profile

•    Good experience in data management and/or Finance and Risk management Reporting such as BCBS 239
•    Strong knowledge of data management best practices (e.g. DAMA) 
•    Experienced with regulations and regulatory requirements
•    Strong communicator with excellent stakeholder management
•    Banker with proven track record within a risk function with a strong understanding of risk management methodologies for both financial and non-financial risks..
•    Very good understanding of risk management tools and the individual instruments within a Risk Management Framework. 
•    Very good understanding of bank IT systems, management information, and reporting systems.
•    Very good working knowledge of Excel, Word, PowerPoint and other Microsoft Applications
•    Ability to bring structure to data change projects to ensure regulatory compliance
•    Proactive diligent nature with an attitude to identify and implement improved change solutions 

What we offer

Joining ABN AMRO means working on meaningful projects. Projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be.

Interested?

Are you interested?   Please apply via the button below.

For more information please contact Niki Champion, Senior Resourcing Partner, , +44 203 192 9342.