Head Of Product Risk, Governance And Reporting

Job Introduction

Main Responsibilities 

• Manage effective risk control against associated regulation.
• Mitigate risk management in line with the Banks risk management framework including risk and compliance policies and procedures.
• Reporting and escalation of risk control is effective to the committees and forums as appropriate.
• Responsible for all processes in relation to product Governance and Reporting.
• Monitors operational risk activities to ensure that appropriate actions are taken to effectively manage, report and mitigate operational risks in line with the Bank’s risk management framework, ensuring timely and appropriate escalation where required.
• Ensures that operational risks and control findings identified by other functions in the Bank such as audit, compliance, change or information security are appropriately captured in the relevant risk.
• Responsible for Committee reporting including but not limited to, Executive Committee (ExCo), Monitoring Risk and Compliance Committee (MRCC), Board Risk and Compliance Committee (BRCC) and Product Committee (PC).
• Provides input and support the delivery of additional / ad-hoc risk requests including external regulator requests, change the identification and assessment of risks created or impacted as a result of ‘change’. 

Ideal Candidate

Research (by Harvard University) shows that women are particularly likely to second guess themselves and not apply - so if you are worried you don't meet all the criteria, get in touch anyhow and let us do the worrying…

• Experience working in a risk management discipline with operational risk frameworks, policies and 1LOD working practices.
  • Sound knowledge of the UK regulatory environment.
• Lead by example; be driven, have high levels of personal accountability, not being afraid to be hands-on and get into the detail.
• Excellent verbal and written communication skills with the ability to analyze, articulate and present complex issues clearly and concisely.
• Ability to build strong professional relationships at all levels

Company Information

Handelsbanken is a relationship bank with a decentralised way of working, a strong local presence thanks to a nationwide network of branches, and a long-term approach to customer relations. Each Handelsbanken branch operates as a local business enabling it to make decisions at a local level and provide a bespoke service. The focus is always on the need of the individual customer and not on the sale of specific products. 

The Bank is deeply committed to embedding good equality and diversity practice into all of our activities. This is so that we are an inclusive, welcoming and inspiring place to work that encourages everyone to apply, regardless of socio-economic background, age, disability, pregnancy and/or parental status, race (including colour, nationality, and ethnic or national origin), veteran status, marital and civil partnership status, religion or belief, sex, gender reassignment or sexual orientation. 

Check our Handelsbanken website for further information

At Handelsbanken, we deeply value our unique culture and values including trust in and respect for each individual. We take pride in nurturing a work environment where people flourish, and where they are empowered to take decisions in their areas of expertise. We take a long term perspective in everything we do and want each employee who joins us to build a long terms successful career with the Bank.  

What is in it for you?

• We have a wide range of learning and development available, empowering and enabling our colleagues to take ownership of their own development. 
• Competitive Salary and an extensive range of benefits is provided, including private medical insurance, income protection and life assurance
• A market-leading pension contribution of 15% paid by the bank, which can be invested in a wide range of funds (including ESG and Shariah funds)

Application next steps

Your journey with us begins once you have submitted your application. One of our Handelsbanken recruiters will be reviewing your details and will later organise a phone conversation if you match the role requirements. If there is a mutual fit, we will extend an invitation for you to participate in an interview.  

How can we support you to be your best self? Our Talent Acquisition team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process – just let us know by email uk_talent@careers.handelsbanken.co.uk. 

This advert will be live for a minimum of two weeks. However, please note that after the two weeks, the closing date could change at any time depending on the number of responses received.

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