An individual in Enterprise Risk Management plays a critical role in managing the bank's diverse risks to ensure financial stability and sustained growth. This involves the identification and management of enterprise-level and cross-cutting risks, designing and executing stress tests, managing climate risk and protecting against reputational risk. This integral role within the bank ensures operations are within a defined risk appetite and contribute to the overall objectives of the bank.

Individuals responsible for In-business Risk Management oversee risk identification, assessment, measurement, monitoring and reporting. They design and implement risk mitigation actions and focus on managing one or more risks in support of business activities.

Professionals in Enterprise Risk Management are entrusted with providing a comprehensive view of risk management which enables the bank to anticipate, assess, and mitigate potential risks, crucial for the bank's success. This particular role sits in the Markets Recovery and Resolution Planning team focused on US Qualified Financial Contracts (QFC) adherence.

Responsibilities:

• Contribute to the implementation and oversight of Markets US QFC Stay Control Framework, including pre-trade soft block monitoring and escalation and coordination with Business (COO/Sales), Legal, Technology and Operations.

• Drive QFC adherence analysis, maintain tracking and manage reporting of potential breaches.

• Ensure updates to monthly RRP tracker and reporting for CAO meetings

• Provide oversight of RRP plan development processes and facilitated cross-business coordination and tracking

• Assist in coordinating governance and facilitating risk management assessments to ensure the accuracy and completeness of the Manager Control Assessment (MCA).

• Conduct risk and control assessments promptly aligning with existing standards.

• Assist in managing and updating annual Resolution planning and reporting for the Markets business (165d/IDI).

• Examine issue root causes and partner with stakeholders to recommend corrective actions and improvements.

• Act as a change catalyst by identifying and helping others see where new ideas could benefit the organization.

• Proactively identifies opportunities to streamline work; creates process improvements that enhance efficiency for self and the team.

• Takes personal accountability for escalating, identifying, and managing potential risk; implements controls that enhance the client experience and operational effectiveness.

• Anticipates problems and proactively identifies solutions that address the root causes and result in meaningful improvements.

• Engages key stakeholders early and often and actively looks for opportunities to improve collaboration in achieving common goals.

• Empathetically listens and understands others’ positions before acting on issues; works to amplify voices that are minimized in the workplace.

• Leverages varied networks to recruit diverse talent; advocates for colleagues with diverse skillsets, styles, and experiences to gain career opportunities

Qualifications:

• Bachelors degree; 5+ years of experience
• Thorough understanding of risk and control assessments.
• Proficiency in diagnosing root causes and developing corrective actions.
• Working proficiency in using software for risk assessments, data analysis, and reporting including basic AI understanding.
• Comprehensive knowledge of operational and compliance risks.
• Proven track record in evaluating business changes and managing risk exposures.
• Experience in monitoring control breaches and leveraging lessons learned for process improvements.
• Skills in leveraging statistical tools for analyzing risk-related data and drawing useful insights.
• Ability to create clear, concise, and comprehensive documents, reports, and procedural manuals related to risk management.

Education:

Bachelor's/University degree or equivalent experience

• Manage Tier 1 regulatory and audit delivery for Recovery Resolution Planning (RRP) by coordinating stakeholder meetings, preparing materials, and documenting evidence across multiple sub-capabilities.

Job Family Group:

Risk Management

Job Family:

In-Business Risk

Time Type:

Full time

Most Relevant Skills

Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management.

Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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