About the job

Summary

This role covers a range of risk, compliance and control activities within the risk management team designed to identify and mitigate operational risk within the DMO and provide assurance that both existing business and new initiatives are being carried out in accordance with good practice and in line with agreed policies and procedures. One of the main responsibilities is following up risk incidents to ensure that root causes are identified and encouraging team leaders to put mitigations in place to avoid reoccurrence.

The jobholder will be fully trained.

Job description

Once fully trained, the successful candidate will be expected to be involved in the following areas:

1. Risk Reporting: includes quarterly meetings with the business teams on risk status; monthly collating/investigation/ recording of incidents and follow-up checks on completion of mitigating actions; monthly progress of audit treatment actions. Regular and ad-hoc risk investigation and analysis and activities to raise risk and controls awareness, particularly at team leader level.

2. Following up risk incidents to ensure that root causes are identified and encouraging team leaders to put mitigations in place to avoid reoccurrence.

3. Carrying out regular compliance testing in relation to trading activity, investigating and reporting of exceptions as necessary.

4. Present reports and be an active member of the Operational Risk Committee.

5. Controls Group coordination, advising project managers of areas to prepare for and taking an active role in review and challenge of new initiatives.

6. Various administrative/team functions including secretarial duties for both the Operational Risk Committee and the Controls Group, auction compliance duties, policy reviews and ad-hoc papers/data analysis as required.

Responsibilities

For this vacancy, we will use the Civil Service Success Profiles to assess you against the following Behaviours, Experience and Technical Skills:

1. Experience: Be able to work independently using own initiative and as part of a team;

2. Experience: Coordination and organisational skills;

3. Experience: Thoroughness and attention to detail;

4. Experience: Should have a good level of written and verbal communication skills;

5. Technical Skills: Should have MS Office experience including Excel.

Candidates – Please note, you will be asked to give evidence in your application of how you meet these criteria.

Behaviours

We'll assess you against these behaviours during the selection process:

• Changing and Improving
• Communicating and Influencing
• Working Together
• Developing Self and Others
• Delivering at Pace

Technical skills

We'll assess you against these technical skills during the selection process:

• Should have MS Office experience including Excel.

Benefits

• Annual Leave - You will have an annual leave allowance of 27.5 days (pro-rata/ length of contract/dependent on start date) plus paid bank holidays

• Civil Service Pension

• Subsidised gym membership

• Interest free season ticket loan

• Family friendly HR policies including paid maternity, paternity and adoption leave

• A working culture which encourages inclusion and diversity

Professional Qualifications, Training & Development

The DMO provides financial support to employees undertaking professional qualifications, skills training and development that are relevant to the role. The DMO will also pay individual subscriptions to professional bodies.