Support a robust risk management culture in activities aimed at identifying, preventing and minimising business risks

Location	Luxembourg
Contract	Full-Time
Company	www.wemploy.com
Last Update	February 16, 2018

Job description:

• Support the implementation of the supervisory oversight process including the supervisory controls framework and associated tasks
• Engage with risk owners, control owners and risk specialists to dynamically, update Business Risk Control Self-Assessment (RCSA) to ensure these embrace all material risks alongside all key controls performed by Businesses and Functions
• Develop the risk dashboard and reports pertaining to LOESA and communicate to management the key risk indicators (KRI) to enable an adequate risk reporting system and monitoring according to the risk appetite defined
• Maintain the Business Continuity Management (BCM) documentation for LOESA and update it on an annual basis (including areas such as Business Impact Analysis, Recovery strategies)
• Work with all business owners to ensure a culture of risk awareness and continuous improvement of the risk environment (considering the RCSAs, audit findings and operational incidents identified) is properly, understood and embedded across all aspects of the organisation
• Participate in forums and projects and ensure first line of defence requirements are considered
• Drive the risk assessment process, development and execution of first line of defence supervisory control monitoring/testing to determine the effectiveness of controls (including. IT security controls)
• Undertake monitoring activity and develop internal control plan to ensure that 1st line controls are adequately defined and performed
• Approve logical access right requests and escalate exceptions to ISO as required under policy
• Follow up incidents (Operational and IT security incidents) and monitor them in the internal dedicated tool. Support the users in the root cause analysis and ensure that improvements measures are adequately defined, monitored, tracked and implemented
• Support the access management process to ensure the “need to know” principle is respected (i.e.: review and challenge access rights requests to sensitive applications, recertify access rights to sensitive applications and libraries, review employee internal transfers and associated access changes)
• Follow-up on internal and external audit findings and track remediation actions by the audit point action owners
• Ensure all data from Risk incidents/Audit findings are fed into the LOESA strategic process improvement initiatives
• Perform clear desk checks

Your profile:

• Minimum 8 years’ previous relevant work experience as a Business Control/Risk Manager, Operational Risk Manager in the financial services industry
• Strong analytical skills and the ability to synthesis complex information within a short period of time
• Excellent understanding and knowledge of key enterprise risks (operational risks, financial crime risks, and regulatory risks) applicable to private banking and wealth management
• Experience in coordinating work across multiple disciplines or organisations
• Excellent communication skills, ability to understand complex information and transpose it to the business environment
• Strong leadership skills, can do' attitude and ability to work in an entrepreneurial, delivery-focused manner
• Fluent written and spoken English and French

Education

Bachelor Or Equivalent Level

Languages

	C1	English
	C1	French

Experience

7-10 Years	Risk Management

We employ, you prosper!