Line 1 Risk Consultant
This role involves supporting the delivery of the Line 1 Risk and controls function.What you/ll be doingFacilitate and lead monthly internally facing risk map review meetings with risk map Owners across the business to ensure all issues and actions raised during the month are considered and reflected in Real Time.Track actions on DORAS and challenge where actions are off track.To effectively challenge risk and control assessments and associated actions to ensure any relevant changes to risk tolerances, control weaknesses, emerging risks, etc.
are reflected and addressed appropriately to demonstrate good risk management behaviours.To ensure the delivery of Operations risk management processes and reporting in line with internal and external requirements, including effective use of relevant risk management tool(s).Review of Operational MI, KRIs and trends and challenge where there are contra indicators, escalating within the Line 1 Risk Team or to Operations Management as required.To oversight Risk Events, that they are reported in a timely manner and are captured as needed in risk maps and risk reporting.
Ensure that Risk Events are tracked through to closure and consider RCA on Risk Events/Breaches and ensure that appropriate controls/Manual Work Arounds are in place before closure and challenge where this is not the case, escalating where necessary.Oversight of operational frameworks- Manual Work Arounds Framework, Business Process Manuals, Vulnerable Customers
- review of MI and governance and challenge where Operations not adhering to requirements.Support the Head of Line 1 Risk/Account Risk BP and the wider Risk team in Controlling our Business
- work on varying projects to develop and implement a robust approach across all business areas of the account.Skills & ExperienceIdeally qualified to A-level standard or equivalentKnowledge of Risk and Controls environmentExperience of operating in a Risk/Controls related environmentLife and Pensions experience and good understanding of the financial services/ regulatory environmentGood organisational skills.
Ability to manage and prioritise own workloadGood written and oral communication skills and able to liaise with and influence people at all levelsStakeholder Management experienceGood analytic and problem-solving skillsExperience of delivering to deadlines and good time management skillsProven ability to influence (Relationship Management)