Senior Risk Officer

At a glance

The Senior Risk Officer is positioned in the Risk department and reports to the Chief Risk Officer UK.

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 UK
• 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

Your job

The function of the Senior Risk Officer is to assist in ensuring that the UK Risk Department meets its objectives as detailed above.

The Senior Risk Officer has the following responsibilities:

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

Monitor and Assist with Managing Risk Exposure Across AAB UK

• Analyse content of the (monthly) Risk and (quarterly) Enterprise Risk Management dashboards submitted by 1st and 2nd line risk owners
• Assist with the full embedment of the Risk Management Framework in the UK including all Operational Risk instruments
• Review and analyse Operational Risk Incidents reported to UK Risk and ensure they are captured within AGRC and reported to the UK Risk Committee
• Assist with monitoring operational risk regularly including participating in the completion of the country-wide annual Risk Self-Assessment (RSA) process
• Assist with Local and Entity Level Control Assessment requirements
• Assist in the preparation of a country-wide Strategic Risk Assessment (SRA) annually
• Participate in the preparation of a country-wide Risk Appetite Statement annually with quarterly reviews and updates as necessary and translate updates into the ERM reporting tool
• Facilitate the Change Risk Assessments process with the Change owners advising on Operational Risk issues and monitoring registration of evidence of mitigation to address risks registered during the assessment
• Coordinate 2nd line assessment of new products and product reviews
• Review credit proposals presented to the ECRO by the Transaction Banking Hub and approve within personal credit authority or make recommendations for approval

Representation, Networking, and Knowledge Transfer

• Foster a transparent, risk conscious culture via the development and maintenance of a network of internal and external relationships
• Provide transparency and internal visibility of the risk competence
• Assist with internal risk management training offerings

Your working environment

At ABN AMRO, we believe in " Banking for better, for generations to come. " Equal opportunities for everyone are a crucial foundation, as we strive for an inclusive culture where all employees feel seen, heard, and valued. Our vision of being a personal bank in the digital age aligns perfectly with the demand for surprising insights and innovative solutions, born from a diverse interplay of cultures and experiences. We focus on customer experience, sustainability, and building a future-proof bank, conducting annual reviews to ensure equal pay for equal work. Join a bank that embraces ingenuity and ambition, and make an impact with us for a better future.

Your profile

• Banker with proven track record within a risk function in corporate banking with an excellent understanding of risk management methodologies for both financial and non-financial risks
• Strong understanding of risk management tools and the individual instruments within a Risk Management Framework.
• A working knowledge of banking regulation and regulatory requirements, as well as other legal and compliance requirements.
• Reasonable understanding of bank IT systems, management information, and reporting systems.
• Very good working knowledge of Excel, Word, PowerPoint and other Microsoft Applications

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.