Introduction:
The Newbury Building Society is looking for an Operational Risk Officer who can really impact the future direction and capabilities of the business. This role is a key support to the Chief Risk Officer, ensuring the Society operates an effective approach to risk management by:
- Ensuring a strong second line of defence; providing appropriate oversight, support, challenge and assurance of the first line
- Evolving, maintaining and operating a robust Risk Management Framework (RMF) and associated processes
- Ensuring the operational and conduct activities are compliant with good practice and regulatory expectations
- Provide good governance through Assurance reviews
- Ensuring oversight of Operational Resilience is undertaken, supporting the business to effectively manage operational risks, in particular risks relating to third parties, data loss, cyber security and recovery and resolution planning.
You will be working collaboratively alongside the Risk Officer (Financial Risk) and Compliance team to provide a responsive and proportionate approach to managing risk, identifying opportunities for improvements and greater efficiencies whilst remaining within risk appetite. You will be able to demonstrate logic and judgment alongside an ability to influence and negotiate at all levels.
Skills and experience:
You might be looking for the next step in your career from a more junior 2nd line role within financial services, or you might be an operational leader with significant exposure to 1st and 2nd line risk as part of your role. We are looking for candidates with the following skills / experiences:
- Operational Risk management experience within financial services (ideally in a second line risk function, but strong first line risk experience can be considered)
- Knowledge of the key legal and regulatory framework relating to risk in the financial services sector
- Knowledge of Operational Risk and Resilience Frameworks, Recovery and Resolution planning, involvement in Third Party Risk Management oversight.
- Risk Management qualification would be advantageous but not essential
Why work for the Newbury Building Society?
- We care about our communities - as well as providing financial services, we get involved in supporting our local communities. This means regular opportunities to volunteer, fundraise, and help with community events and activities. We also give all our employees two paid days of volunteering every year to help with causes they feel passionately about.
- We want to help you develop - We are accredited by the Financial Services National College for the quality of our learning and development practices. No matter your role, there will be opportunities to take on new responsibilities and be involved in projects to further your career.
You will also receive a generous holiday allowance, contributory stakeholder pension scheme, access to our free NBS Rewards discounts and our wellbeing programmes, and your birthday off!
In return there is a competitive salary on offer which will be dependent on your experience, as well as joining a business committed to your personal development. You will be required to be onsite a minimum of 2 days a week (sometimes more, particularly during probation when learning the business) and so do need to live within commutable distance of Newbury. If this is the opportunity you are looking for, please apply now.
Interview process:
- 90-minute competency-based interview held in Newbury Head Office
- Interviews ideally w/c 10th September 2024
- Feedback provided regardless of outcome.