Job Specifications
6 month contract - Inside IR35 - Investment Banking
Core accountabilities of role
1. Direct Responsibilities
* Design and implement the oversight framework of controls performed by hubs on behalf of the London branch, with a particular focus on financial security controls.
* Support UK Senior Management to view a holistic picture of the financial security 1 LoD control
framework impacting London branch, within UK OPC scope.
* Identify the various teams across international platforms (Portugal, Spain, India, France, etc) that
perform activities over UK processes (in scope of UK OPC: GB, CBK, FIC, etc}.
* Define a setup to:
* collect key data required for the oversight framework from these teams on a regular basis
* streamline the data collection process (e.g: control results extraction through system reports)
* Build a master file to track all key data related to hubs (controls, RCSA, etc)
* analyse these data to identify potential risks trigger. This will require to review RCSAs, controls,
incidents, recommendations, action plans, procedures, audit results, etc.
* report into the relevant UK Committees the key highlights (eg: control execution results, control
updates, significant issues to escalate and actions status).
* attend the regular outsourcing governance meetings organized by each Hub where risk management
data is presented.
* challenge Hub reports to ensure their exhaustiveness, accuracy, and overall relevance; this will
require regular exchanges with colleagues in the Hubs to deep dive on specific information included
in their report
* Perform critical 1LoD Financial security control testing related to UK, where required
* Liaise with UK stakeholders (Compliance, Operations, Business) on key topics requiring their
opinions.
* prepare reporting feeding into UK committees (e.g: Financial Security Oversight Committee) with the
key highlights.
* address queries raised by UK Management on the various reports
2. Other operational risk management missions
* Support the UK OPC team in any other mission such as the preparation of committee slides, the
comparison of UK and Hub risk assessments, the execution of controls
* Similarly, the oversight framework SPOC will benefit from other team members' experience on
implementing an operational risk management framework.
Knowledge, Skill and Experience
Hard skills:
* Strong understanding of Banking regulations, specifically those related to Financial Security topics
(Anti money laundering, Sanctions, anti-Bribery & corruption)
* Extensive knowledge of CIB Banking activities (eg: Global Banking, FIC, CBK, Global Markets,
Securities Services)
* Required experience of Operational Risk through previous roles/experience in 1/2/3 LOD (eg:
Compliance, Internal audit, RISK, etc)
* Proven experience of identifying issues in processes and controls, and subsequently assessing,
reporting, mitigating and monitoring them (eg through RCSA)
* Controls testing experience
* Experience in managing projects is a key bonus (eg: regulatory remediation, implementation of a
new activity, offshoring of processes, etc)
* Ability to handle and analyse large volume of data received in various report formats, to ensure key
messages are communicated to Senior Management
* Ability to use Excel and PowerPoint proficiently, and to be quickly efficient using the internal risk
management tools (360, ORUS, Aurora, etc)
Soft skills:
* Must have:
o a highly curious mindset
o a strong critical thinking
o attention to details
* Additional relevant competencies:
o Can do attitude
o Self-starter / Always taking initiatives
o Ability to work and progress with a very high level of autonomy, including on complex topics
(RCSA campaign, audit queries, control library definition, control applicability assessment,
etc.)
o Ability to lead projects or key meetings (eg: meetings involving senior participants (inc
SMFs) and/or a large number of participants, such as governance meeting)
o Ability to provide guidelines to other risk officers and follow-up on their delivery (whether
internal or external to the team)
o Ability to coach/mentor/manage new recruits or more junior colleagues
o Ability to understand quickly new Banking processes (for instance to assess the impact on
RCSA or to define a new control plan)
o Ability to adapt to (1) a changing environment of regulations, (2) higher internal control
standards, and (3) to a changing and larger scope of activity
o Ability to anticipate business / strategic evolution, analyse its impact and define action plans
o Analytical ability, while being able to highlight key messages in a synthetic manner
o Ability to meet deadlines (regulatory remediation, reporting, etc.)
o Strong ability to communicate clearly (oral and writing communication capacities), and in
particular to communicate efficiently with Top Management on various topics
About the Company
Lorien is a technology, transformation and telecom talent solutions specialist. We combine tech expertise with the scope, depth and breadth of large-scale talent solutions.
Driven by both clients and candidates, covering Europe and the US, we work with all sectors, sizes and tech needs – from start-up to established, tech companies and those who use tech to propel them further - we work with them all.
Our unique position in the market means we have the insight to create tailored solutions – keeping our clients ahead of t...
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