Global Head Operational Risk Management Clearing

The ABN AMRO Clearing Global Head of Operational Risk Management strengthens the ability of ABN AMRO Clearing to continuously meet its regulatory requirements and to service its clients out of a robust operational environment. You lead a team focusing on setting the policy and advising management of operational risks. You monitor, challenge and report the ABN AMRO Clearing operational risk posture within the moderate risk appetite. You have knowledge of internal business processes, compliance and risk management, with a specific focus on operational risk, data risk and fraud risk. You have an understanding of related regulations and you have the ability to apply them to license-to-operate issues and opinions. The department creates a culture and framework of risk awareness in order to achieve sustainable profitable growth, building and keeping the trust and confidence of all stakeholders.

Your job

As the Global Head of Operational Risk, you know how to bring your vision to life and enable sustainable change. You find the right balance between the organization’s strategy and your expertise. You work at a level that goes beyond your department and are able to use your influence to bring about change. You manage subject-matter experts who have their own area of responsibility. You look after the interests of your department in dealings with internal and external stakeholders. You enable the experts in your team to be the best they can be and to bring out the best in each other. You implement new ways of working that are appropriate for the situation. You guarantee a positive culture. Everyone supports and promotes the associated values.

Key Duties and Responsibilities

• Set the example as a leader to foster a transparent and risk-conscious culture.
• Set clear KPI’s for the operational risk department globally, in alignment with the regional CROs.
• Ensure that adequate monitoring and control of risks are an integral part of the risk management of the relevant businesses and within AACB as a whole.
• Communicate with key stakeholders to demonstrate compliance with the requirements of the bank’s risk management and to safeguard optimal cooperation and customer excellence.
• Set a vision and a strategic policy to improve the added value of operational risk management.
• Is key sparring partner within AACB for operational risk in translating management information into policies and defining interventions where needed.
• Develops and matures operational risk management frameworks and ensures the assessment and measurement of risk. Facilitates and manages risk processes to ensure an integrated approach, operational efficiency, effectiveness, and the application of best practice.
• Develops and implements data risk management frameworks and ensures the assessment and measurement of data risk.

Furthermore, you are responsible for addressing and implementing new regulations in relation to operational risk, the development and standardization of instruments e.g., risk assessments, MC&T, IMAT, CRA, REM and product reviews, and setting the global risk appetite statement for operational risk.

Working environment

ABN AMRO Clearing is designated as a specialized business within ABN AMRO and holds its own banking license (ABN AMRO Clearing Bank NV). Globally the company consists of about 1200 FTE and is largely self-sufficient, organizing its own supporting organization. ABN AMRO Clearing plays an important infrastructural role in the financial markets. As such, it is closely monitored by Regulators and Central Banks. This is augmented by the fact that ABN AMRO Clearing holds significant market shares in financial markets across the globe holding top spots in clearing on numerous exchanges in every region. We work hybrid, which in practice means that you work both in the office and at home (3 days in the office is the starting point). You will report to the Global RTO I&ORM.

Your profile

You build and maintain a good team culture, you understand what drives different people, and you move people forward. You want to continuously improve yourself and you are open to the changes that make us better. You have a clear vision and formulate an ambitious strategy. Translating that strategy into clear, appealing, and ambitious goals.

You take this further

• Academic working and thinking level and a relevant education at least HBO level.
• At least 10 years' work experience, 5 years of which in a risk environment.
• Experience in managing and leading teams with substantive expertise.
• In-depth expertise in the field of risk management (non-financial risk).
• Good verbal and written communication skills.
• Writes and speaks fluent English.
• Strong stakeholder management skills including effective written and spoken communication.
• Attention to detail, accuracy, and completeness.
• An ability to work independently and think through complex and detailed problems.

Equal opportunities for all

The success of our organisation depends on the quality of our people and the ideas that they have. Truly surprising insights and innovative solutions for our clients result from an interplay of cultures, knowledge, and experience. Diversity is therefore extremely important to our organisation. To ensure that everyone at ABN AMRO can develop their talents, we encourage an inclusive culture in which all colleagues feel engaged and appreciated.