Wallace Myers International Executive Recruitment & Professional Staffing

Anthony Johnson

Anthony brings more than 5 years experience in international recruitment to assist his Financial Services clients in finding the best talent for their company.

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Operational Risk Analyst - Banking

£45000 - £55000 per annum

Operational Risk Analyst - Banking - Dublin - E45-55K DOE

A Banking institution in Dublin 2 are currently seeking an Operational Risk specialist to join their team. Strong hands on end to end operational risk experience is required. The Operational Risk Analyst will be responsible for:

  • Supporting development, and monitoring the implementation, of all relevant Frameworks and Policies in relation to People and Process risk management
  • Supporting the revision and updating of relevant risk management Frameworks, Policies, Systems, Processes and Tools on a periodic basis and supporting the communication and embedding of these in the First Line effectively
  • Supporting the Operational Risk Manager in ensuring that the above Frameworks and Tools cover risk identification, assessment, mitigation, monitoring and reporting
  • Supporting the First Line in designing controls for the effective management of People and Process related risks
  • Supporting the risk identification and assessment processes conducted by the First Line (specific to People and Process risks and for designated areas) which includes supporting top‐down risk assessments as well as collating, reviewing and challenging the 'bottom‐up' risk and control assessments prepared by relevant first line colleagues
  • Supporting the Manager in reviewing, checking and challenging relevant Risk and Control Self‐Assessments (RCSAs) completed and submitted by First Line business functions to ensure that these are complete, consistent and meet appropriate quality standards (as stipulated in relevant Frameworks and Policies)
  • Supporting the identification and reporting of any gaps in the Group's People and Process risk management
  • Reviewing operational risk events
  • Providing advice and guidance relating to risk management practices, standards and procedures for the effective management of People and Process risks (including preparation and implementation of relevant risk management training materials or other culture initiatives), as directed by the Operational Risk Manager
  • Supporting oversight of the effectiveness of systems and controls in place relating to People and Process risk management
  • Building collaborative and constructive working relationships across all relevant Frist Line business functions, for example: Group Operations, Payments, Procurement, Fraud (FCLPU), HR, Finance, Distribution, AMU and other internal Head Office team
  • Supporting development and monitoring of a suite of operational risk metrics (including KRIs and risk appetite metrics)
  • Supporting development of escalation processes and effective reporting to appropriate Management bodies as appropriate (for example, relating to risk events, KRIs or breaches of risk appetite)


  • A minimum of 2 years' experience in a related/similar position to the Operational Risk Analyst role specified.
  • Relevant professional certifications desirable, e.g. PRMIA
  • Knowledge of applicable risk management and control guidelines or requirements in relation to People and Process risks desirable
  • Good analytical skills, relevant for the preparation of relevant risk reports
  • Solid critical thinking skills: creative, strategic and practical ability to focus on the most vital areas, problem‐solving skills and strong business and relationship judgement
  • Must be proficient in Power Point, Excel, Word, Outlook and appropriate Risk Management software packages

To be considered for the Operational Risk Analyst role, please apply or contact Anthony Johnson 01-619-1833 for more details.

About Wallace Myers International | Recruitment Agency

Wallace Myers International is a specialist recruitment agency headquartered in Dublin 2, Ireland. We are the staffing experts of choice for businesses and organisations seeking staffing solutions of the highest calibre. We are the market leaders in professional recruitment and lead the way in Retail, Pharmacy, Accountancy, Financial Services, HR, Business Support, Construction & Property, Marketing & Sales, Hospitality, Technology.

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This position was pPosted on 13 Aug 2019

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