Specialist Payments Risk Manager

The Co operative Bank
£60,000 - £69,999
20 Sep 2019
22 Sep 2019
Contract Type
Full Time
To shape, define and lead technical payments delivery, ensuring compliant processes and procedures that meet the Bank's Risk Management Framework requirements and adhere to industry standards and payment scheme rules, identifying and translating changes in regulatory requirements or industry standards and supporting its delivery through an appropriate change vehicle.

Key Accountabilities:
  • Lead the provision of Payment expertise and consultancy support through the First Line Risk Centre of Excellence and carry out analyses and investigations (independently or through technical/specialist leadership) of complex problems, issues and opportunities.
  • Drive improvements across the Payments risk landscape through the review and assessment of compliance of the existing Payments processes and procedures with the bank wide control standards, regulatory requirements and industry standards.
  • Lead the Bank in engaging directly with the industry in understanding emerging risks, regulatory and industry wide change and ensure appropriate activity is in place to address it.
  • Establish a communications vehicle to ensure that senior management are fully engaged with and understand forthcoming Payments requirements and the impact of non-compliance including the current status and impact of ongoing Change Programmes.
  • Provide technical support and challenge to the Payments Risk Governance Forum including the delivery of a payments risk assessment through the development and oversight of appropriate KRIs (Key Risk Indicators) and consolidation of bank wide RCSA assessments.
  • Provide support, oversight and challenge to the Bank's scheme attestation process to sure that all queries are resolved and all requirements are met.
  • Shape SME support for the payment training and awareness strategy and plan which ensures that industry and regulatory requirements and understood.

Knowledge, Skills and Experience Required:
  • Expert Payments knowledge including a clear and detailed understanding of the Regulatory and Industry standards and requirements and ability to translate those requirements into workable solutions.
  • Clear understanding of the Risk Management Framework including; Risk Acceptance process Risk Events and Operational losses and Risk Appetite.
  • Detailed understanding of operational processes across channels.
  • Hold or be looking to obtain a relevant professional qualification.
  • Ability to interact and influence with stakeholders across all levels of the organisation.
  • Excellent verbal and written communication skills.

What You Can Expect From Us:
  • 27 days holiday at start, rising to 30 days
  • Agile working including opportunity to work from home
  • Competitive pension / income protection / life assurance
  • 2 paid days for volunteering per year
  • Positive working environment in contemporary offices centrally located in Manchester
  • Strong career path within Financial Services
  • Family friendly policies and supportive working environment
  • Recognition scheme and a culture in which we celebrate success
  • Colleague network groups committed to inclusion and diversity within our Bank.

Our Bank is committed to continuing to create a diverse workforce and an inclusive environment where all colleagues can fulfil their potential. We welcome applications from talented individuals from all backgrounds and lifestyles who can work with us in maintaining a culture of belonging, where people are valued and respected.

As a reputable employer regulated by the Financial Conduct Authority, all offers of employment for this role are subject to a series of background checks, including criminal (DBS) and financial checks.