Operational Risk Business Partner

Job Description

We have an exciting opportunity for a Risk professional to join the Operational Risk Management team which covers Operational Risk, Operational Resilience, Payments Risk, Digital & Technology Risk, Data Risk, People Risk, and Change Risk.We also drive forward the Risk Transformation programme, refreshing everything about the way we manage risk across the Bank.You’ll report to the Senior Manager responsible for Risk Transformation and People Risk. There will be a strong focus on ensuring risk and control profiles and operational risk processes and procedures are known, understood, adhered to, and embedded. Therole will focus on supporting the Risk and Finance areas, as well as co-ordinating the Business Partnering efforts across Operational Risk Management.What you’ll be doing

• Establishing Business Partnering routines including attendance at Risk Forums, ongoing stakeholder meetings and regular interaction with Senior Leaders, ensuring key action or awareness points are raised accordingly
• Leading & supporting the co-ordination of the Business Partners across the wider team
• Challenging 1LOD and 2LOD Business Units to ensure risk frameworks are being used in the correct way, as well as maturing the ability for the Business to adopt process-based risk management and make data-driven decisions
• Overseeing and providing training and guidance in the deployment of the Operational Risk framework across 2LOD and VM
• Providing high quality insights and reporting at all levels, including Board Risk Committee and to the regulator
• Building and managing relationships at all levels across the group, particularly 1st Line of Defence Risk teams, Audit, Compliance, and the wider risk function
• Contributing to the Risk Transformation, move to a new GRC system, and all associated framework changes, including rollout and embedding across the Business
• Maintaining awareness of industry best practice developments and technical developments (where appropriate) that influence the regulatory operating environment.

We need you to have

• A broad knowledge of Operational Risk Management disciplines and the 3 Lines of Defence model in place across the Bank
• Subject matter expertise in a related and relevant area of Risk: Operational Risk, Financial Risk, risk frameworks and their lifecycle
• Knowledge across a subset of the following: risk frameworks, process design, control testing, control design, fraud, regulatory Risk reporting and compliance, process-based risk management
• Experience of adoption and embedding of risk frameworks.

It’s a bonus if you have but not essential

• Relevant professional qualification (Project Management, Agile, Technology, Risk Management, Fraud, SOX, Audit, Operational Audit)
• Strong experience of Retail and/or SME banking
• Experience in designing reports for a variety of stakeholders, ensuring key messages are presented appropriately for the audience.

Red Hot Rewards

• Generous holidays - 38.5 days annual leave (including bank holidays and prorated if part-time) plus the option to buy more
• Up to five extra paid well-being days per year
• 20 weeks paid, gender-neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
• Market-leading pension
• Free private medical cover, income protection and life assurance
• Flexible benefits include Cycle to Work, wellness and health assessments, and critical illness
• Ability to work anywhere in the UK (where the role allows)

And theres no waiting around, youll enjoy these benefits from day one.Feeling insatiably curious about this role Apply as soon as you can. If we’re lucky to receive a lot of interest, we may close the advert early and would hate you to miss out.Were all about helping you Live a Life More Virgin, so happy to talk flexible working with you.Say hello to Virgin MoneyWe’re making great strides towards achieving our ambition of becoming the UK’s best digital bank. As a full-service digital bank with a heritage stretching back over 180 years, we`re a workforce to be reckoned with. Were putting the full power ofour experience behind disruptive ideas that reinvent the role a bank plays in peoples lives. We strive to create positive experiences for our millions of customers and our purpose, Making You Happier About Money’, underpins everything we do. We believe indoing banking differently, innovating and working together to make a real difference. Join us and Live a Life More Virgin that empowers you with choice and flexibility in how you work.Be yourself at Virgin MoneyOur purpose is to make people happier about money, this means seeing and feeling the world as our customers do by creating a workforce that reflects the rich diversity of our customers and communities. We’re committed to creating an inclusive culturewhere colleagues feel safe and inspired to contribute, speak up and be heard.As a Disability Confident Leader, were committed to removing any obstacles to inclusion.Now the legal bitLiving A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it), but well need you to confirm you have the right to work in the UK.If youre successful in securing a role with us, there are some checks you need to complete before starting. These include credit and criminal record checks and three years worth of satisfactory references. If the role is part of the Senior Manager Regimeand Certification Regime, it requires enhanced pre-employment checks - well ask for six years of regulatory references, and once in the role, youll be subject to periodic employment checks.