Operational Risk & Control Officer - London

  • Posting Date: 09-01-2019
  • Vacancy number: 20161

At a glance

The ABN AMRO Clearing Operational Risk Control department strengthens the ability of ABN AMRO Clearing to continuously meet its regulatory requirements and to service its clients out of a robust environment by providing independent risk assurance, information security management, business continuity management and a sound control framework. The ORC function constitutes the first line of defence of ABN AMRO Clearing (AAC) for all risks except for market and credit risk. The services of AAC (Global Execution Services, Clearing and Post Trade Services) are subject to intensive national and international regulation and supervision. As such it is closely monitored by Regulators and Central Banks and being in control is therefore critical with regard to all AAC processes. AAC holds significant market shares in financial markets across the globe holding top spots in clearing on numerous exchanges in every region, clearing anything from 10 to 20 million trades per day within a global 24x7 business. AAC holds its own banking license (ABN AMRO Clearing Bank N.V.). AAC has roughly 800 FTE globally and has its own supporting organization, whilst being fully part of ABN AMRO Bank N.V. AAC ORC has a global focus. ORC is divided into 3 regional organizations: Europe, US and APAC. AAC ORC has to ensure that AAC meets the requirements set by internal and external parties including regulators around the globe, exchanges,central counterparties and (external) auditors.

Your job

  • Act as Information Security Officer and be responsible for the local implementation of the ABN AMRO Information Security Policy, including the information security process, implementation of best practices and acting as a focal point for all security issues. Your main job purpose is to analyse and audit the configuration, use and operational risks of local information processes and systems in order to mitigate information security risks.
  • Act as local Business Continuity Officer and responsible for the local implementation, operation, validation, maintaining and improving the Business Continuity Management System in accordance with ISO 22301.
  • Participate in projects with Operational Risk Control related interests.
  • Advise management on (key) BAU and change risks and be the primary liaison for second line risk control functions. Implementing and maintaining the AMA framework in Europe.

Your working environment

ABN AMRO is a Dutch Bank offering a full range of services to retail, private, commercial and merchant banking clients. We are also active internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing. The culture we aim for within the Bank is one in which we strive to strengthen our clients’ position. Our success is based on our  client’s success. We want clients to perceive us as a trusted partner, professional and ambitious - our core values. At ABN AMRO UK we follow the Banks global strategy. We always aim to put our customers first and to create sustainable, long-term value for all our stakeholders – customers, shareholders, employees and society at large; it is our people that we rely on to help us achieve this ambition. We concentrate on our strategic priorities: 

  • Client focus
  • Invest in our future
  • Maintain a moderate risk profile
  • Selectively grow our businesses
  • Improve profitability

 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, Escrow & Settlement, 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 individuals in the UK.

Your profile

  • Knowledge of information management or business economics at a bachelors/ masters level;
  • Knowledge of Industry wide IT standards (e.g. NIST / COBIT);
  • Preferably information security qualifications such as CISSP, CISM and CISA;
  • Knowledge of Information Security best practice, particularly with respect to financial services (ISO 27001/2)
  • Knowledge of industry standards on business continuity management (e.g. ISO 22301);
  • Preferably knowledge of Global Execution Services, Clearing and post trade processes;
  • Knowledge of regulatory framework (e.g. MiFID, Basel II/III);
  • Knowledge of AMA instruments (i.e. Risk Control Self Assessments, Change Risk Assessments);
  • Knowledge of Operational Risk Management, external regulations and auditing;
  • Competencies to include strong communication skills, written, verbal and presentation, approachable and diplomatic.  Pro-active approach to understand the day to day issues and build strong relations with all department heads.  Strong analytical skills. Good organisational capacities (project management methodology and work in practice).  Accurate and eye for detail.  Flexible approach in working hours and being able to work effectively under pressure. 
  • Self-motivation and initiative (hands on).  Able to work as part of a team (contributing effectively towards a collective (organisational) goal or towards solving problems/ conflicts).  Strong sense of integrity.

What we offer

Opportunity to work in a dynamic environment, where flexibility is highly appreciated. AAC gives the opportunity to work on your personal development/growth and increase your career opportunities.


Are you interested?   Please apply via the button below. For more information please contact Niki Champion, Senior Resourcing Partner, UKrecruitment@uk.abnamro.com, +44 203 192 9342.

Indication of Application Process

Step 1: Application

Fill out the information on the application form and upload your motivation letter and resume

Step 2: First interview

You will receive a confirmation of your application by e-mail. Within two weeks you will hear if you are invited for an interview

Step 3: Online assessment

You make an online cognitive test or an online assessment

Step 4: Second interview

You are invited for a second interview

Step 5: Job offer

You receive your job offer, once you have accepted it is time to start!

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