Operational Risk Analyst

Join our Risk & Resilience team and play a key role in strengthening our local risk culture. In this role, you will oversee operational risk incidents, drive effective root-cause analysis, ensure strong control testing, and maintain high-quality risk data.

Responsibilities

For Operational Risk activities:

• Report and provide oversight on Operational Risk Incidents in line with the Operational Risk- and Risk Management Framework.
• Conduct root cause analysis on Operational Risk Incidents.
• Track the execution of operational risk mitigation action plans to be delivered respecting the timelines.
• Support with reviewing and updating operational risk standards, policies and procedures, adapting them to our location.
• Provide robust second line oversight of the Risk and Controls Self-Assessment (RCSA) and control testing program.
• Liaise with Compliance team to monitor and analyze the external environment and evolving regulatory landscape (Digital Operational Resilience Act, European Banking Authority, Local Regulation).
• Ensure the robust maintenance of the Operational Risk Management System (GRC), with accuracy and completeness of risk data capture.
• Create and publish the Operational Risk pack on a monthly basis.

For Operational Resilience and Business Continuity:

• Deliver effective coordination of all resilience-related activities across the location including comprehensive self-assessments and attestations, Critical and Important Functions (CIF) identification, robust business impact threshold setting, in line with the Operational Resilience Framework.
• Lead coordination and provide robust second-line oversight for Business Continuity (BC) planning and testing across all designated FCE geographic locations
• Track and update following internal risk management forums and formal committees on a monthly basis.

For Governance and Reporting:

Lead the development, implementation, and continuous reporting of Key Risk Indicator (KRIs) to provide early warning of escalating operational and resilience risks. Oversee the KRI reports and dashboards, ensuring their effective utilization to enable timely intervention across the location.