Our client, a leading global bank seeks VP Operational Risk Auditor to join its dedicated risk audit team. The successful candidate will be accountable for the audit plan and development of the audit team while maintaining an overall view of the function and its efficacy. With excellent communication skills and ability to develop, maintain excellent relations with stakeholders, senior management and the audit team, the VP Operational Risk Auditor will be committed to raising standards within their own team and the organisation as a whole. Essential:

• Educated to degree level in addition to holding a Postgraduate degree in relevant subject or holding a professional qualification (ACA,FRM)
• Excellent communication and relationship management skills the successful candidate will have the ability to influence and advise team members, stakeholders, senior management.
• Thorough knowledge of regulatory requirements of operational risk management including Basel, BIPRU 6, FSA and Sarbanes Oxley. Current knowledge of CEBS 216 would be an advantage.
• Using an indepth understanding of the impact of Basel II on operational risk to inform audit practice and strategy.
• Demonstrable experience in an operational risk management gained in a large bank or FS organisation Thorough knowledge of regulatory requirements, controls and governance frameworks affecting operational risk

Desirable:

• Experience leading teams
• Awareness of AMA practices within Financial Services organisations.

Leading the Credit Risk Audit team in the UK and liaising with global counterparties….

This role would suit someone with strong experience of counterparty credit risk, either as an auditor or as a credit risk analyst with report writing ability or previous audit / controls experience.

As part of the team completing the annual audit, the role will involve reporting to the Board Audit Committee and senior management; providing recommendations for areas of improvement and evaluation of the risk monitoring process and its capability.

The successful candidate will also advise on credit risk across Internal Audit and act as ‘knowledge expert’ to the financial markets teams on products relating to credit risk. You will also have the opportunity to gain exposure of operational market and liquidity risk. Preference will be given to candidates with experience in these areas.

An understanding of Basel 2/3, BIPRU, credit risk modelling. (Internal Models, Stress Testing, CVA (Credit Valuation adjustment) Stress Testing, back testing) would be useful.

You must have excellent communication, including report writing, and team working skills, and be able to build successful working relationships across the Global risk function.