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

Apply online
Drop files here browse files ...

Related Jobs

28th February 2019
Quantitative Analyst   London, United Kingdom
28th February 2019
Associate Director, Risk Analytics   New York, United States
28th February 2019
28th February 2019
HFT Execution Quant Developer   London, United Kingdom
28th February 2019