Risk Manager - Retail Banking
A leading Dublin based Bank is looking to hire an experienced Risk Manager. You will be responsible for the management of the operational risk programme and will report to the Head of Risk. You will have had experience in Retail Banking dealing with the Branch Network and Head Office.
The Risk Manager will be responsible for assisting in the review of the portfolios managed by the company to ensure at all times that all relevant risks are identified, measured, monitored and controlled.
You will also be responsible for production of market risk reporting on the funds and structures managed by the company, ensuring they are in line with the relevant risk framework.
In cooperation with colleagues in the parent company, the Risk Manager is also responsible for the operational implementation and follow-up of the Operational Risk programme of the Company. This involves the analysis of the company’s position in relation to Group Controls, the identification of any areas of non-compliance and the formulation of action plans to achieve compliance.
Key Aspects of the Role:
-Reporting to the Head of Risk on the results of the risk monitoring programme
-Production, analysis and follow-up of risk reporting
-Day to day management of the operational risk programme including facilitating the development/ rollout of risk policies/ standards/ guidelines and operational risk management tools. This includes ensuring proper interpretation and timely communication to business units and that sufficient actions are undertaken by the business units to comply with these requirements.
-Ensure risks borne are in line with the relevant risk framework and acting as initial point of contact on risk team in relation to queries related to risk limit breaches in portfolios
-Communicating the results of controls with escalation as appropriate
-Reporting to various Committees on operational and market risk tasks.
Key Responsibilities
-Responsible for follow-up and reporting of operational risk programme
◦Group Key Controls◦Business Continuity Management◦Loss Events◦Due diligence & outsourcing monitoring◦Operational Controls◦Delegation of Authority
-Responsible for risk monitoring of the individually managed portfolios, to include
◦Control of market risk taken by the funds◦Control on legal and regulatory investment restrictions◦Control on the risks associated with total return swaps◦Control on limits of allocation framework
Skills required:
-Knowledge of methodologies used to measure and limit risk advantageous
-Strong communication skills (both spoken and written)
-Enthusiastic with a desire to gain knowledge
-Strong organizational skills – ability to manage own time, meet deadlines and attention to detail
-Good knowledge of Excel (advanced), other MS Office applications (VBA/SQL advantageous), Bloomberg etc
-Ability to work across different teams, negotiating and communicating with management/colleagues on operational risk related matters.
Education and Experience:
-Relevant third level qualification in economics, mathematics or a related discipline.
-3+ years of relevant experience in a Retail Banking environment is preferable
Contact Finn Power on 01 6741401 to discuss in confidence or APPLY below![]()
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