Associate Vice President, Risk & Control

The Business

The Role

If your expertise lies in Risk Reporting - collecting, inputing and reporting information key to risk management, a position as Associate Vice President, Risk & Control is ideal for you. In this role, you will be responsible for assisting the Department in delivery of its accountabilities for Controls Assurance, Risk & Control Assessments, Scenario Analyses and Risk Issue management through completion of various procedural and information processing activities.

To qualify for this role, you need to be a CA/MBA/Graduate with in-depth exposure in Risk & Control with a cumulative Ops work-experience of at least seven years.

What the Business Does

NWM COO plays a strategic and functional role for NWM FO, to support global business, conduct administrative good practices, and to ensure compliance with external regulations and internal procedures. The Central function supports in filling process gaps, during process & role transitions into India; the team is responsible for supporting all verticals and business streams to ensure success including headcount and budgets.

Your Responsibilities

As Associate Vice President, Risk & Control, you will be responsible for:

  • Supervisory Control - Assist with ensuring compliance with all supervisory responsibilities, providing independent oversight and assurance of the supervisor responsibilities
  • Policy Administrator - Maintain POLO (the tool which is used as a repository for policies applicable to NWM); maintain and extract data from POLO for reporting purposes (including the NWM Policy Approval Committee; oversee that POLO data are checked periodically with key stakeholders to ensure accuracy
  • Risk Reporting – perform key roles in the production of the Risk Appetite MI, Path To Green (Risk Issues MI,) Conduct MI and other MI as may be produced by the RAR team; follow an established process to source key information on a monthly basis, following up on late submissions and challenging data that appears incorrect or outside normal parameters
  • Supervisory Control – provide initial review of exceptions reporting and resolve issues surrounding completeness; provide quality assurance on the Supervision control adequacy and effectiveness, escalating any weaknesses identified through exception report production
  • Compliance Communications Surveillance – understand the NWM strategy and business model and identify, challenge and resolve with management areas which conflict with the risk appetite of the division

Skills you need

  • Strong understanding of Compliance and Financial Services; knowledge and experience of conduct requirements and regulation
  • Excellent logical, analytical skill and attention to detail; knowledge of trading process and products
  • Effective communication is a must as this roles demands different types / approach of communication to people at various levels
  • Good knowledge on Bank Operations is must to play the Control Manager in First line of defence effectively

Why RBS?

RBS doesn’t just provide you with an exciting work and a generous pay package. We take pride in ensuring your personal and professional development are first and foremost. You will have access to a range of development and learning programs, services and support designed to help you manage and balance your work/life priorities.

Whether its retirement planning, supporting a charity close to your heart or taking care of your well-being, RBS makes sure you are taken care of. For more information on our benefits, please visit our website.

At RBS, our purpose is to serve customers well. We serve around 24 million customers across the globe, and our aim is to consistently meet their needs wherever they find us.  Our ambition is to become the UK’s number-one bank for customer trust, service and advocacy by 2020. Our global workforce is integral to helping us achieve this goal.

With colleagues across 5 main states, and connected across-the-globe by common values and a unified ambition, RBS India delivers vital bank functions that help us offer truly round-the-clock support to our UK customers, and 24/7 banking to our international customers.

RBS welcomes applications from all sections of the community.

 
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