Operational Risk Analyst
About Allica Bank
Allica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in Fintech.
Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers.
Department Description
You would be an integral part of the Operational Risk team, reporting to the Head of Operational Risk. You will be part of a wider team responsible for successfully delivering Second Line of Defence capability within the bank.
Role Description
Helping to maintain the Operational Risk Framework (ORF) including related Second Line policies and procedures in support of the bank’s Operational Risk system
Supporting the Head of Operational Risk in implementing the bank’s Operational Risk Assurance plan
Supporting Control testing and Assurance reviews
Working with the First Line of Defence to support the bank’s Risk and Control Self-Assessment (RCSA) and administration of the bank’s annual RCSA refresh
Operationally maintaining the bank’s GRC system and processes
Providing quantitative and qualitative input into the Bank’s Operational Risk Reporting
Supporting the team to deliver regular deep-dive reviews of the bank’s Operational Risk profile
Principal Accountabilities
Working with the First Line to provide Operational Risk support
Operational Risk assurance, including Controls Testing - provision of assurance, reporting and identification capability to provide a full picture of the bank’s Operational Risks and related controls
Supporting the wider Compliance team colleagues with overarching objectives
Driving the effective maintenance and continuous improvement of the GRC system to ensure accurate, timely, and consistent risk and control data
Promoting a risk-focused culture across the bank and embodying the bank’s values
Personal Attributes & Experience
Strong Operational Risk knowledge and experience including GRCs, Assurance reviews, RCSAs, Controls and Risk Libraries, Risk Event reporting
Focused upon delivering results and meeting deadlines
Good, clear communicator
Ability to provide necessary challenge in a constructive manner
Strong team player
Working at Allica Bank
At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers.
Our employees are at the heart of everything we do, so our benefits are designed with you in mind:
Full onboarding support and continued development opportunities
Options for flexible working
Regular social activities
Pension contributions
Discretionary bonus scheme
Private health cover
Life assurance
Family friendly policies including enhanced Maternity & Paternity leave
Don’t tick every box?
Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you!
Flexible working
We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate.
Diversity
We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.