risk manager London, England
Job description
At a glance
The Risk Intern is positioned in the UK Risk Department and reports to the Entity Chief Risk Officer. The duration of the contract will be approximately 6 months.
The UK Risk Department provides, in an integrated way, oversight of credit, market, operational, liquidity, reputational, regulatory and other risks in the CRO’s geographical area of control, as outlined in the allocation of roles and responsibilities in the Entities Risk Charter (ERC). The objective of the department is to advise on optimising the risk profile and managing all uncontrolled risks for the local organisation through:
- providing an integrated overview across the risk taxonomy;
- providing an integrated management framework of risk across businesses within ABN AMRO Bank / Asset Based Finance UK;
- monitoring and regular reporting of risks in a clear and concise manner;
- effecting checks to ensure adoption of policies, plans, rules and procedures to decrease the risk of unexpected losses or damage to the bank’s financial position and reputation.
Your job
The function of the Risk Intern is to assist in ensuring that the UK Risk Department meets its objectives as detailed above. The Risk Intern will assist with the following core functions of the UK Risk Management function:
- Setting standards and best practices, by monitoring policy implementation and adherence, continuous evaluation, integration, and improvements to risk frameworks, systems and processes.
- Monitoring and assisting with the day-to-day management of risk processes, by assisting with the implementation and independently assessing the performance of risk control processes, identifying weaknesses, and appropriately reporting and escalating failures.
- Monitoring and assisting with managing risk exposure, by participating in regular risk dialogues with other local units, assisting in the preparation of risk dashboards and reports that are discussed and approved in the local risk committee, and reviewing and approving the local risk performance against risk appetite. Oversee, advise and challenge the assessment of non-financial risks performed by the 1st line of defence.
- Representation, networking, and knowledge transfer regarding the management of non-financial risks by frequent, transparent and honest communication and training across the three lines of defence, within the local business units and in collaboration with Amsterdam.
- Assist in the execution of a yearly UK Risk departmental project plan, enhancing processes as required.
Your working environment
ABN AMRO is an enterprising bank with a primary focus on Northwest Europe. We serve clients in the retail, private banking and corporate banking sectors. We are also present internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.
At ABN AMRO we have a clear purpose: Banking for better, for generations to come. The shift towards sustainability is one of the most important challenges of our time. Supporting our clients at times that matter has always been our role and our responsibility. Together, we aim high and work towards lasting relationships that are relevant and responsible, both now and in the future. We want to be the bank that leads the way.
Our strategy goes far beyond financial value: we want to accelerate the transition to sustainability. We do this by supporting and advising our clients in order to facilitate their sustainability shift. Our commitment to clients, employees, investors and society calls for clear direction, focus and dedication.
We concentrate on our three strategic pillars:
- Support our clients’ transition to sustainability
- Reinvent the customer experience
- Build a future-proof bank
Our strategy requires a culture of working together and permanent learning. It’s only with this mindset that we unleash the best in ourselves to deliver a high standard of performance. ABN AMRO’s culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients.
ABN AMRO UK is part of the Corporate Banking business line and operates the following businesses in the UK:
- Corporate and Institutional Banking which includes Corporate Banking, Clearing, Global Markets - Sales & Trading and Financial Institutions
- Commercial Banking which includes Asset Based Finance and International Desk, which provides transactional banking services
Our business lines are supported by a number of functions such as Risk, Compliance, Legal, IT, Finance (Including Tax), Business Management and Human Resources. We currently employ approx. 380 people in the UK.
Your profile
- A demonstrable interest in pursuing a career in Finance, Banking and/or Risk Management;
- Working knowledge of MS Office suite;
- A self-starter, team-oriented, and committed approach.
What we offer
Joining ABN AMRO means working on meaningful projects. Projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be.
Interested?
Are you interested? Please apply via the button below.
For more information please contact Niki Champion, Senior Resourcing Partner, [email protected], +44 203 192 9342.
