Location: Ipswich.
Salary: Competitive salary plus a generous benefits package.
Application Deadline: Monday, February 16, ****.
Job Summary: We are looking for a Transaction Reporting & Risk Analyst to join our Operational Risk Team.
The Operational Risk Team is a 1LOD risk function and works directly with the wider business as well as with external providers.
Operational Risk also collaborates with the 2LOD Risk and Compliance teams to support the firm with reviewing or implementing processes, advising on risk and control issues, and continuously driving a positive culture of risk awareness, issue escalation, and process-efficiency across the whole business.
Job Purpose
The Operational Risk Team is a 1LOD risk function and works directly with the wider business as well as with external providers.
Operational Risk also collaborates with the 2LOD Risk and Compliance teams to support the firm with reviewing or implementing processes, advising on risk and control issues, and continuously driving a positive culture of risk awareness, issue escalation, and process-efficiency across the whole business.
Key Accountabilities
Transaction Reporting Oversight
Immediate responsibility for Transaction Reporting oversight, reporting in to the operational Risk Manager.
Perform weekly and monthly reconciliations of Killik trades against FCA reported transactions by referencing multiple data sources to identify errors or omissions.
Perform qualitative and quantitative reconciliation validation checks and elevate issues identified.
Maintain the shared Transaction Reporting issues and Actions Log and track actions through to resolution using Risk Event process.
Own internal and external Transaction Reporting governance meetings.
Produce Monthly MI pack for COO and governance committees using PowerBI application, to demonstrate volume and issue-based metrics, tracked issues, and quantitative/qualitative reconciliation outcomes.
Drive a continuous agenda of optimisation within the Transaction Reporting area, ensuring effective oversight of outsourced functions and ongoing regulatory compliance.
Wider 1LOD Risk Management
Assist the 1LOD with the identification and reporting of operating events to analyse where controls have failed and ensure actions are put in place to prevent recurrence.
Monitor the timely escalation, quality and progress of all operating events and ensure data is maintained between the Operating Event Log and Risks Register.
Assist the business with the timely identification and resolution of dealing errors to minimise market risk and reduce cost.
Ensure 1LOD mitigant actions are recorded and are sufficient to prevent recurrence.
Log all dealing errors in the relevant log.
Assist Operational Risk Manager with the investigation of operational risk themes, trend analysis, and performing thematic risk reviews to drive operational efficiency and mitigate risk.
Assist as required with end-to-end process reviews or the implementation of any proposed business changes.
Champion the embedding of Risk policies and frameworks and a continuing culture of risk awareness with the wider business.
Review, update and implement Standard Operating Procedures.
Analysis & Reporting
Assist wider team with the preparation of regular MI reporting for senior management using PowerBI application as well as the development of existing or new MI reports as required.
Maintain and regularly update the operating event and deal error data logs, as well as the firm's Risk Register.
Assist with managing the action and issue logs from items raised in operating events, Risk and Control Self Assessment's or risk governance meetings.
Organisational Assistance
Assist with the collation of data and the preparation of visual presentation material for the risk governance structure or adhoc thematic risk reviews.
Assist with the organisation of Manager diary and book meetings, if required.
Assist with the oversight and allocation of group inbox items to ensure timely escalation of all issues.
Key Competencies
Getting Things Done: Delivers on agreed objectives promptly; prioritises workload; remains professional under pressure;
Communication & Sharing Knowledge: Confident, clear and accurate with all communication; maintains accurate records and makes effective use of new technology;
Customer Service: Positive attitude to find solutions in line with TCF principles; Uses customer feedback to improve service;
Effectiveness & Adaptability: Able to maintain a high volume of work, striving for continual improvements; understands individual contribution in relation to corporate objectives; presents a positive image and approach to change; and
Team Working: Shares knowledge, skills and experience with colleagues; understands team goals; is cooperative and supportive of others.
#J-*****-Ljbffr