Risk Operations and Process Manager

Full-time permanent contract available in Bank

Closing date for applications will be Thursday 1st February

Hybrid working means we work in the office for at least 1 day each week in Milton Keynes with flexibility to do more

What’s in it for you?

Salary From £44,000, Company Car, Healthcare, Pension, discretionary bonus and 27 days holiday in addition to statutory bank holidays plus much more!

The Risk Management function provides a central service to the whole Volkswagen Bank UK branch (VWB) organisation. It forms a key part in developing a positive approach to risk management within the Company’s business strategy ensuring consistent standards are adopted

As Risk Operations & Process Manager, you will be responsible for the management and monitoring of all compliance lead risks, including but not limited to, Business Continuity Management (BCM), Operational Risk, Risk department relevant outsourcing and Strategic Crisis Management (SCM) for VWB portfolios

In addition, you will also be responsible for ensuring the Business is protected from Financial Crime, along with informing, supporting and helping to develop the strategy. A key purpose will be to take a proactive approach to the prevention, disruption, and investigation of financial crime

This is what you could be doing:

• You will manage the delivery of the VWB Business Continuity Management System (BCMS) for VWB UK; defining the scope for the UK BCM Lifecycle, ensuring all regulatory requirements are adhered to, and ensuring all deadlines set by HQ are met
• Manage any external relationships required under the BCM program and Outsourcing Framework; ensuring all BCM and Outsourcing requirements are met through the procurement and contract formation processes
• You will manage the delivery of required BCM awareness and training requirements; ensuring all internal stakeholders are fully aware of their responsibilities under the BCM program
• Manage the delivery of the Strategic Crisis Management and Operational Risk activity for VWB UK
• Work across VWB UK cultivating and maintaining key relationships, providing advice and education on operational risk issues to maintain effective mitigation and measures
• Providing operational risk management information to relevant departments that enables them to understand and where necessary, take action to mitigate operational risks
• Ongoing development and implementation of required frameworks to ensure all Risk compliance procedures are reviewed and compliant with OMEB requirements
• Development and implementation of the Policies and Processes being put in place as required by both the Anti-Financial Crime Methodologies and Stock Audit
• You will work closely with and support the VW Bank Branch Manager and Head of Risk specifically in respect of their duties as MLRO and Deputy MLRO with thorough knowledge of AML Regulations and Financial Crime Legislation

This is how you can add value:

• You will have knowledge of AML and Financial Crime legislation gained in automotive financial services or banking
• Previous experience with an in-depth understanding of the use of operational risk and other risk management tools
• You have highly developed written and report writing skills and can clearly document and communicate analysis and findings
• You can also communicate and present to all anyone in our organisation and tailor your communication for technical and non-technical audiences
• You’re a detailed thinker who understands multi-threaded arguments and can draw clear and concise conclusions from this
• You can build strong working relationships with colleagues and across the business
• Proven track record of working in a high-performing team and the ability to work and liaise effectively across the business as a whole
• You have, or can, develop a comprehensive understanding of all relevant Financial Crime Legislation, including Theft Act, Data Protection Act, Terrorism Act, Proceeds of Crime Act, Fraud Act and Money Laundering Regulations

What’s in it for you?

A salary ranging from £44,000 subject to experience and working 35 hours per week. You’ll also receive an excellent benefits package including tax efficient company car from day one, 2 additional vehicles for family members after 6 months, annual discretionary bonus and salary review, 27 days holiday with the option to purchase more, access to various health & wellbeing services, private medical insurance after 6 months as well as career progression, professional development and access to LinkedIn Learning

About Volkswagen Financial Services

Our mission is straight forward, we want to be 'The Key to Mobility'. What does that mean? To make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.

Volkswagen Financial Services is committed to being an inclusive employer and we welcome applications from everyone. Diversity and Inclusion is not just a statement for us and we are nurturing an environment where everyone can be their 100% self. If there is anything we can do to support you being your 100% self during our recruitment process, please let us know and we will support you as best we can