Senior Manager: Risk Enablement, Governance and Reporting

Risk measurement, monitoring, assessment, and analytics of the portfolio. Enable management to monitor the effectiveness of the control environment and act towards mitigation of operational risk where required. Supporting BB business units by providing independent and objective end-to-end Operational Risk oversight in line with the Enterprise Risk Management Framework (ERMF) and ORRMF, together with its various supporting policies and standards. Overseeing the aggregation, implementation, monitoring and maintaining of core risk management processes across business units within BB. Supporting an effective risk culture, where there is an open, proactive, and constructive dialogue relating to Operational Risk. Reporting, including portfolio and Business Unit (BU) insights and ensuring capability directed appropriately in support of internal and external reporting requirements. Provide clear direction to Business Banking business units on the role, mandate, strategic plan, and key focus areas of Operational and Resilience Risk. Deliver coaching, guidance, and training to support effective implementation and ongoing maintenance of Operational and Resilience Risk framework components, including RCSA, risk indicators, risk events and issues management, strategic risk assessments, and key risk assessments. Assess and challenge business unit compliance with applicable Operational and Resilience Risk frameworks, policies, standards, and procedures. Maintain current and in depth knowledge of Operational and Resilience Risk frameworks, supporting policies, standards, and relevant legislative and regulatory requirements. Drive the development of analytics capabilities across all framework elements to enable proactive risk identification, analysis, and insight driven decision making. Manage and coordinate Operational Risk scenario analysis and capital processes for Business Banking in collaboration with Group Operational Risk. Act as the Business Banking subject matter expert for all elements of the Operational and Resilience Risk framework, including ownership of related initiatives and specialist support. Ensure effective use of approved risk management systems and tools, with a strong focus on data accuracy, completeness, quality, and timeliness. Provide input into the strategy for managing operational risk across BB Set and monitor the execution of the Operational Risk strategy across BB, leveraging off 1st line Governance and Control resources in each business area for execution. Provide thought leadership and drive consistency in the second line approach to Operational risk across BB. Ensure that each business area has measures in place to monitor and manage all of the ORRMF sub risk type profiles. Drive the development and implementation of standards, where applicable. Risk appetite setting, in conjunction with Group and second line risk counterparts and drive the cascade into BB. Monitoring adherence against Risk appetite statements (RAS) and/or tolerance levels, with the use of appropriate key risk indicators Drive the embedment of the Group ORRMF, promoting the integration of operational risk considerations, into all risk reward decisions and general business management. Actively play a senior advisory role in the Management Committees of the product/service areas within BB, ensuring adherence to good corporate governance requirements.- Assist in ensuring Business readiness for assurance reviews and deep dives and play an active role in the discussion of issues to be reported from assurance reviews, ensuring that issues are valid and factually accurate, and actions are well defined and timed appropriately. Assess the relevance and performance of the Operational and Resilience Risk indicators and thresholds. Review the key risk assessments related to the BB business units for completeness, with appropriate challenge. Check and challenge the end-to-end Operational Risk profile of the BB business units, including emerging risks, to ensure that the organisation stays abreast of changes and it is safeguarded. Consider all framework elements, strategic planning, business expansions/contractions and other major change programmes / new product approval. Partner with the second line of defence to ensure issue/action documentation, tracking, escalation and remediation is conducted appropriately. Coordination of the first line of defence approach and responsibilities pertaining to end-to-end fraud risk management across BB, working with the Group ORR and Fraud Strategy teams. Manage and coordinate BB cluster Combined Assurance program. Drive and oversee deep dive- and lessons learnt exercises for material risks, including the review, challenge and tracking/escalation of findings. Review major remediation plans for adequacy, completeness and progress Oversee monthly loss event reconciliations and related attestations to ensure that all (above threshold) risk events and losses have been captured on the Operational Risk system. Leverage internal central engagement channels/resources, as appropriate. Oversee the effective oversight and management of all sub risk types within the ORRMF. Assess the key risk framework for appropriateness. Assess the relevance and performance of key risk indicators and thresholds. Review and challenge the overall key risk assessments. Provide input to the Group Policy and Standards; and Contribute to the Operational Risk Committees and forums Consolidate, validate, and compile accurate and complete risk information into relevant management reports to support risk informed business decision making. Analyse and interpret Operational and Resilience Risk data to provide meaningful insights to senior management on the current and emerging risk profile. Ensure appropriate risk reporting and escalation through relevant Business Unit governance forums in line with agreed governance structures. Prepare and maintain current and forward looking Operational and Resilience Risk profile reporting for Business Banking business units, as agreed with stakeholders. Own the accuracy, completeness, and quality of first line risk profile reporting, ensuring consistency with approved frameworks and methodologies. Compile and coordinate reporting to senior management forums and Regulators on behalf of Business Banking, where required, ensuring compliance with Cluster and Group reporting standards, including BCBS 239 principles. Represent Business Banking in internal reporting forums across the Bank and engage with external parties, including assurance providers and Regulators, as required. Ensure Operational and Resilience Risk governance requirements are effectively implemented and adhered to within the first line of defence. Ensure appropriate risk governance is applied to third party and vendor relationships supporting Business Banking, including risk identification, monitoring, and escalation. Own and manage first line risk governance processes and controls within Business Banking, ensuring alignment to enterprise frameworks and policies. Leverage external tools, industry bodies, and data sources to identify and monitor emerging risks and threats, including horizon scanning and participation in industry forums (e.g. ORX), in collaboration with Group Operational Risk where appropriate. Create, maintain, and continuously update a central Business Banking Risk communication portal, ensuring risk related guidance, frameworks, and knowledge content remain current and accessible. Direct resources in the most effective and efficient manner to execute the BB ORR strategy, including, but not limited to: Support the designed and embedded operating model for the BB Governance, Resilience and Risk Enablement team, in the execution of the ORRMF mandate. Enabling delivery of a supporting Risk Culture to deliver performance consistent with the Group's Purpose and