Job Specifications
Hello,
We are Recognise Bank; a modern business bank built to support the UK’s SMEs with tailored lending and savings solutions.
Founded in 2017 by experienced business owners, we set out to challenge traditional banking by offering more flexibility, understanding, and practical support to help businesses thrive. Since receiving our banking licence in 2021, we’ve built a loyal customer base and a strong, diverse team that puts people first.
Our vision is building stronger futures with bespoke financial solutions. We understand that no two financial needs are the same, which is why we work closely with UK SMEs and individuals to unlock potential others often overlook. Through smart, flexible lending and savings products, we’re here to build and grow stronger futures for lasting success.
Our values shape how we work and grow together:
Can do, will do: We take ownership, solve problems, and adapt as our customers’ needs evolve.
Be brilliant: We show up with curiosity and energy, always striving for better.
Do the right thing: We act with integrity, responsibility, and care in everything we do.
Make a difference: We focus on impact, helping our customers, colleagues, and communities succeed.
About the role
The Operational Risk team plays a central role in ensuring that the Bank is aware of and pro-actively managing all the risks that could damage our customers, our regulatory standing, our resilience and our financial performance.
As an Operational Risk Analyst, you’ll play a critical role in helping every department in the business to identify, assess and manage their risks and issues. As part of a relatively new team, you’ll also have opportunities to design and shape the approach and processes used to effectively complete these tasks.
To complement the skills and experience already within the team, we’re looking for someone with the experience or skills and knowledge needed to support and challenge our IT team’s thinking on technology and cyber related risks and controls. As part of the role, you will have the opportunity to also support our Prudential Risk, Credit Risk colleagues and to support Executive Risk Committees as Secretariat as a key contributor.
We’re a small, friendly, pragmatic and outcome focused risk team who have the ability to make a real difference to the day-to-day operations and performance of the Bank.
Key Responsibilities
Risk Oversight (60%)
Support Risk Owners to identify and assess risks and issues and to design and implement an appropriate control environment
Support Control Owners to design and implement effective controls, with a focus on increasing the use of automated preventative controls across the Bank
Undertake Control Testing and other Risk Assurance work as part of the firm’s Integrated Assurance Plan
Provide challenge and oversight to Risk & Control Self-Assessments
Ensure Return to Appetite plans are appropriate and provide oversight and reporting on the delivery of these plans
Manage a Risk Acceptance process, providing ongoing oversight and reporting
Facilitate Root Cause Analysis exercises ensuring meaningful actions are agreed and delivered where appropriate
Provide risk and control input into strategic projects
Support Internal & External Audits as required
Provide input, challenge and oversight to all relevant Policies
Risk Maturity (20%)
Lead or support projects and initiatives to accelerate risk maturity within both the risk team and the Bank
Lead or support activities to enhance Risk Culture
Lead & coordinate Risk Training across the Operational, Prudential and Credit Risk teams
Lead improvements to Risk Reporting and Insight
Committee Support (20%)
Provide support to the Chief Risk Officer to ensure the Executive Risk Committee and
Board Risk Committee function effectively – pack co-ordination, minutes and actions.
Required Skills & Experience
Education & Certification:
A degree qualification or equivalent. In the absence of this, 3+ years’ experience in a directly comparable role
Ideally, Cyber and Technology related academic qualifications or professional certificates
Skills:
Operational Risk Management skills – the ability to support and challenge the business across the full risk lifecycle (identification, assessment and management of risks and issues)
Cyber & Technology knowledge– cyber risk, technology related risks, the risks associated with the emergence of AI and automated decisioning
The ability to analyse large amounts of data and information
Strong written and verbal communication skills
A proven ability to build value adding relationships with colleagues at all levels and across the breadth of a business
Mindset:
Someone with a ‘can do’ attitude who believes risk management is an enable to help the bank thrive
A natural curiosity and analytical approach – the ideal candidate will ask questions that other’s are over-looking and bring new insight into internal discussions
We’re a small risk team within a growing Bank – we nee
About the Company
Recognise Bank was founded in 2017 by experienced business owners who recognised the disconnect between traditional business banking and the needs of modern SMEs.
We were frustrated with the lack of understanding, certainty and flexibility offered within the industry. In short, we believed that we could build a better bank. And so, we did. We received our banking licence in 2021 and quickly grew our community of loyal business and personal customers, with the help of our dedicated, diverse, and expert team.
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