About Allica Bank Allica is the UK’s fastest growing company - and the fastest-growing financial technology (Fintech) firm ever. Our purpose is to help established SMEs, one of the last major underserved opportunities in fintech. Established SMEs are the backbone of local communities - representing over a third of our economy - yet have been largely neglected both by traditional high street banks and modern fintech providers Department Description You would be an integral part of the Operational Risk team, reporting to the Senior Operational Risk Manager. You will be part of a wider team responsible for successfully delivering Second Line of Defence capability within the bank. Role Description Helping to maintain the Operational Risk Management Framework (ORMF) including related Second Line policies and procedures in support of the bank’s Operational Risk system Supporting the Senior Operational Risk Manager in implementing the bank’s Operational Risk Assurance plan Undertake Control testing and Assurance reviews Work with the First Line of Defence to support the bank’s Risk and Control Self-Assessment (RCSA) and administration of the bank’s annual RCSA refresh Operationally maintaining the bank’s risk event reporting system and processes Providing quantitative and qualitative input into the Bank’s Operational Risk Reporting Maintenance of the bank’s Risk Register so that risks are up to date with action plans on track and regular follow-ups Support the Senior Operational Risk Manager with regular deep-dive reviews of the bank’s Operational Risk profile Support the Senior Operational Risk Manager with Operational Risk scenario analysis across the business to include input into the Bank’s ICAAP and ILAAP Support the Senior Operational Risk Manager, in maintaining the bank’s Risk Appetite Statement and Risk Management Framework Support the Senior Operational Risk Manager, Chief Compliance Officer and Chief Risk Officer in providing analysis of the Bank’s overall risk profile, including monthly reporting and monitoring of Key Risk Indicators Principal Accountabilities Provide hands-on Operational Risk support across the bank from a Second Line perspective Operational Risk assurance, including Controls Testing - provision of assurance, reporting and identification capability to provide a full picture of the bank’s Operational Risks and related controls Working with the First Line and supporting the wider Compliance team colleagues to help embed the Three Lines of Defence, proving advice and guidance as necessary Provide support in monitoring, identifying and reporting of the Bank’s overall risk profile Promote a risk-focused culture across the bank and embodying the bank’s values. Personal Attributes & Experience Strong Operational Risk knowledge and experience including RCSAs, Controls and Risk Libraries, Risk Event reporting, Risk Registers Focused upon delivering results and meeting deadlines Good, clear communicator Ability to provide necessary challenge in a constructive manner Strong team player Working at Allica Bank At Allica Bank we want to ensure our employees have the right tools and environment in which to succeed in their role and in support of our customers. Our employees are at the heart of everything we do, so our benefits are designed with you in mind: Full onboarding support and continued development opportunities Options for flexible working Regular social activities 25 days holiday – with the option to Buy/Sell Pension contributions Discretionary bonus scheme Private health cover (with the option to add family members) Life assurance Income Protection Family friendly policies including enhanced Maternity & Paternity leave Season ticket loans Don’t tick every box? Don’t worry if you don’t have all the skills or requirements listed on the job description. If you think you’ll be a good fit, we’d still love to hear from you Flexible working We know the ‘9-to-5’ isn’t right for everyone. That’s why Allica Bank is fully committed to flexible and hybrid working. Please let us know what is best for you and, if we can, we will do our best to accommodate. Diversity We’re a diverse bunch here at Allica, with all kinds of experiences, backgrounds and lifestyles. Our openness and differences make us stronger, and we want everybody to feel comfortable bringing as much of themselves to work with them as they like.