Risk Officer – 6 Month Contract

5th March 2019
Frankfurt, Germany
Job Type


Purpose of Role:

  • Provide support to the Risk Branch Manager in developing, communicating and implementing country strategy in line with the objectives of the organisation.
  • Provide cover for the Risk Branch Manager in periods of absence, for business continuity purposes.
  • Ensure high quality business is conducted with due attention to credit, operational, market and reputational risk management.
  • Ensure compliance with the local regulatory and statutory requirements and the Bank’s Policy Framework.

What are the skills, knowledge and experience needed to do the role?

  • Strong knowledge of Risk management in Germany and the competitive landscape
  • Knowledge of relevant legal policies, regulations and risk management
  • Strong working knowledge of operational, with strong awareness of other risk stripes including operational, credit and market risk
  • Broad understanding of financial markets
  • Display behaviours in line with Our Standards
  • Excellent interpersonal skills with proven ability to influence and collaborate at a high level through cross-functional stakeholders and matrix managed teams
  • Ability to build effective relationships with key internal and external counterparties
  • Well-developed understanding of the national and local economic and business environment and ability to exploit opportunities and identify, manage and mitigate business threats

What does this role holder do? (Accountabilities)

  • Manage the Branch’s outsourced Risk activities, including performance, quality and financial soundness of providers (both intragroup and external outsourcers)
  • Monitor risk limits of the Branch against appetite and escalate breaches to the Risk Branch Manager
  • Maintain risk procedure and control documentation of the Branch
  • Support the Risk Branch Manager’s review and challenge of risk-related business activities or decisions where there is the potential to exceed risk appetite or breach Risk-owned policy [particularly with a focus on operational risk]
  • Support oversight of the Branch’s Risk profile, providing the Branch Managers with adequate risk information, independent assessment, expert analysis, challenge and decision support
  • Support MaRisk submissions by coordinating the collation of inputs from relevant risk stakeholders
  • Support the production of Branch quarterly stress tests and input into MaRisk reporting methodologies as required
  • Support the Risk Branch Manager in the provision of risk input into the NWM ICAAP/ILAAP and Recovery and Resolution Plan to ensure the Branch risks are captured, together with an accurate description of the control environment
  • Provide independent review of new lending transactions against NWM credit policies and standards
  • Support the Risk Branch manager in the oversight of the implementation of the Group’s risk management frameworks in relation to the Branch’s activities
  • Provide independent risk opinions on specific topics of key committees
  • Support the Risk Branch Manager with any activities required, to enable them to discharge their role as MLRO.
  • Comply with Our Code, all RBS policies, ‘How we manage RBS’, and if applicable ‘How we manage our Business’, and deliver against all relevant statutory, regulatory, supervisory and legal obligations.
  • Oversee the proactive identification and effective management and/or escalation of conduct risk to deliver key customer outcomes

Three Lines of Defence Risk Management

  • This job has Second line of defence (2LOD) accountabilities as set out in the Three Lines of Defence principles

For any more information please contact georgebirchenough@bsmgroup.com

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