Job description

As an Operational Risk and Resilience Analyst, this role is focussed on:

• undertaking second line oversight of a number of the Bank’s ‘operational’ risks including: process, people, legal, data, third party, health and safety, and model risk;
• supporting work to develop the Bank’s resilience to different types of risks crystallising, including through development of plans of how to respond to, and recover from, extreme but plausible events;
• using data analytics tools such as Tableau to present the Bank’s operational risk, resilience and incident analysis in a compelling way;
• drafting and contributing to risk analysis to support Risk Reports for Executive Risk Committee (ERC); Executive Operational Coordination Committee (EOCC); Audit & Risk Committee (ARCo) and Court;
• contributing analysis to “risk deep dives” and “risk event response playbooks”; and
• embedding an effective operational risk and resilience culture across First Line business areas, e.g. through the use of risk and resilience tools such as Risk and Control Self-Assessment, Incident Management, Business Continuity Plans and Critical Incident exercising.

Role Requirements

You do not need to have prior knowledge of operational risk and resilience. However, you will be able to explain how your experience is relevant to risk management and demonstrate the ability to pick up and apply new areas of knowledge quickly. You must have an ability to communicate with stakeholders across the Bank to ensure relevant risks are being effectively managed.

Minimum Essential Criteria

• Stakeholder management skills: the job holder should have some experience of engaging with senior staff either within the Bank or elsewhere, and supporting management in ensuring senior stakeholders are kept informed of key risk matters.
• Written and oral communication skills: the job holder will need to be a capable communicator - both orally and in writing.
• Analytical skills: the job holder should be able to interpret a broad range of risk data from varied sources to identify key points and provide evidence-based judgement.
• A keen interest in the Bank as an institution: the job holder should be able to take a broad and forward-looking view of the Bank’s varied responsibilities and objectives, and the risks it faces in delivery of them.

Desirable Criteria

• Prior experience of working in an operational risk and resilience environment and technical risk knowledge would be advantageous but not essential, for example, gained from:
• working in one or more of the Bank’s front line operational risk functions; and/ or
• working in one of the Bank first or second line operational risk functions; and/or
• a regulatory or audit background; and/or
• working in an operational risk or operational-resilience related function in the commercial sector.
• Some experience of analytical tools such as Tableau or R that can be applied to risk analysis