Operational Risk Control Specialist
Posted on Jul 12, 2019 by CV-Library
LexisNexis Risk Solutions is the essential partner in the assessment of relationship risk, using the power of data and advanced analytics to help customers make better, timelier decisions. LNRS’ innovative solutions enable organisations to manage risks such as: identity theft; fraud; preventing financial crime, money laundering and the financing of terrorism. We are a fast-growing division of the RELX Group, a world-leading provider of information solutions for professional customers.
An independent challenger of 1st line of defence controls, this role will be focused on supporting the business by:
Identifying, documenting and testing first line controls
Providing support in establishing plans to either implement or improve and strengthen first line controls; and
Designing and implementing operational risk reporting practices, such as documentation of findings of control testing and monitoring processes
Develop 1st line control framework across all functions for the UK business
Conduct regular, timely & appropriate audits of the first line controls in place to meet our regulatory obligations, including the appropriate documentation of all business processes Establish regular reporting framework, providing assurance of business performance
Partner with 2nd & 3rd line functions, ensuring a smooth flow of information, findings and remediations throughout the business
Acquire & develop knowledge of local regulatory frameworks & guidelines regarding operational risk management, together with any influencing EU and/or international equivalents
Develop and maintain an in depth understanding of all business objectives, identifying & recommending where process improvements will generate efficiencies
Build & maintain effective working relationships with key business partners across the organisation.
To comply with the Company’s information security and data protection policies and the Company’s Integrated Management System (IMS) at all times
To follow all instructions as laid out within the IMS and local instructions offered by management
To study and be aware of relevant controls and instructions as highlighted within the IMS
To agree to utilise and manage all assets as stipulated
To report security and data protection events, incidents, or concerns via the standard reporting procedures as set out in the IMS
To partake in on-going security and data protection competence tests as required
To maintain at all times the confidentiality of all the company’s privileged data and secrets, and not to divulge the same
Financial Conduct Authority (FCA) Compliance
To comply with the Company’s FCA policies and processes
Attend FCA training provided by the Company, to gain awareness and understanding of the FCA principles for businesses
Perform day-to-day activities in accordance with the requirements and spirit of the FCA principles for businesses.
Qualifications and Experience:
Degree level or equivalent relevant qualification
Relevant risk management or compliance qualification
Proven risk management, controls or audit experience
Demonstrable knowledge of control frameworks and risk-based control testing techniques
Excellent project management and analytical skills
Ability to independently evaluate & maintain a level of professional scepticism
Strong organizational, time management and interpersonal skills
Excellent oral and written communication and presentation skills
Experience of working with a sense of urgency and possessing a strong tendency towards action
Outstanding networking capabilities, with a professional demeanour
Strong ability to promptly manage and respond to numerous tasks and initiatives while maintaining attention to the detail.
Able to work as part of a team, accomplishing mutual team goals
About Reed Business Information
Reed Business Information (RBI) provides information, analytics and data to business professionals worldwide. Our strong global products and services hold market-leading positions across a wide range of industry sectors including banking, petrochemicals and aviation where we help customers make key strategic decisions every day. RBI is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.
RBI is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
RBI pays competitive salaries and has a comprehensive set of benefits