Provide operational risk expertise to the wholesale credit risk function ensuring that Bank policies and initiatives are fully adopted and implemented within WCRM.
Undertake co-ordination and implementation of risk stewardship responsibilities within WCRM, including, but not limited to, Risk Assessments, Control Assessments, Policy assurance, Continuous Control Monitoring, Management Self-Identified issues, Audit issues, Internal Control, Regulatory issues, and Sarbanes Oxley documentation.
Provide WCRM executive management with regular management information on risk steward control activities within WCRM. This will include resolution of any issues identified through proactive management and identification.
Lead and involve in the NFR and Risk Management Framework Enhancement Programme focusing on review and documentation of front to back processes at an appropriate level, to allow for identification of materials risk and mapping of key controls. Regular reviews and refreshes of Risk Taxonomy and Control Library are required to ensure the risks are mapped accordingly with the appropriate oversight and monitoring activities captured into Helios in ASP.
Collaborating with a wide set of stakeholders including 1st LOD, Credit Approvers, SCU, Financial Crime, etc., to identify, escalate and follow up on emerging credit risk concerns and ensure that these matters receive the appropriate level of attention accurately and proactively.
Identify operational risk issues, and proactively suggest means by which they can be addressed and provide best practice feedback.
Review portfolio trends and highlight material credit / sustainability / reputational / financial crime risk issues.
Facilitate / encourage smooth interaction between all stakeholders.
Provide advice and guidance to 1st LOD on emerging situations.
Provide value added input to periodic reviews of BIMs, FIMs and other Group policies and guidelines and support risk steward responsibilities for monitoring compliance with these policies.
Be aware of training requirements in relevant areas and provide practical guidance / assistance as and when required.
Engage with internal / external auditors and regulators with appropriate context and maturity.
Manage the second line oversight of days past due metrics. Output of this activity to include timely and constructive feedback to the Businesses.
Lead and undertake ad-hoc tasks/projects as may be necessary from the team’s perspective/ request from the business partners.
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