At a glance

The ABN AMRO Clearing (AAC) Information and Operational Risk Management (I&ORM) department strengthens the ability of ABN AMRO Clearing  to service its clients out of a robust environment by providing independent risk assurance, information risk management, business continuity management, a sound control framework and to continuously meet its regulatory requirements. 

ABN AMRO Clearing services a multitude of wholesale clients providing Global Execution Services, Clearing and post trade services in a highly automated technological environment and is subject to intensive national and international regulation and supervision due to its systemically significant role in the financial system. As a clearing member of numerous exchanges, we handle, process and store large volumes of client data on a daily basis and therefore maintaining our client’s confidence and trust when dealing with their information is paramount to our business strategy. 

ABN AMRO Clearing 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.

ABN AMRO Clearing holds its own banking license (ABN AMRO Clearing Bank N.V.). ABN AMRO Clearing has roughly 800 FTE globally and has its own supporting organization, whilst being fully part of the ABN AMRO Group.

ABN AMRO Clearing I&ORM has a global focus. I&ORM is divided into three regional organizations: GlobaI (including Europe, Brazil and the UK), USA and Asia-Pacific. ABN AMRO Clearing I&ORM has to ensure that ABN AMRO Clearing meets the requirements set by internal and external parties including regulators around the globe, exchanges, central counterparties and (external) auditors. I&ORM Global services both the EU and UK local activities, as well as giving direction and oversight towards the US and APAC regional departments.

The I&ORM function constitutes the second line of defence (2LoD) of ABN AMRO Clearing for all risks except for market and credit risk.

Your job

•    Promoting a strong risk culture of ownership & accountability in the 1LoD by ensuring that all Information risks are identified, assessed, measured, monitored, managed and properly reported on by AAC business units;
•    Promoting AAC’s cyber-security resilience and to drive improvements in AAC’s information security risk management by working closely with the business to review and uplift the internal control framework for Information Security risks such that it aligns with internal control frameworks and meets cybersecurity standards.
•    Overseeing the implementation of the information risk control framework through challenge and advice to the 1LoD. Setup and maintenance of control management systems and regular reporting.
•    Provide assurance to AAC on the performance of 2LoD risk management activities in relation to information risks in accordance with adopted frameworks, tools and processes, and in accordance with ABN AMRO Bank (AAB) policies, applicable laws and regulatory standards.
•    Testing the control framework and challenge the effectiveness of the key controls;
•    Alerting management by providing information risk opinions based on identified, known and emerging issues that may affect the risk posture of AAC. 
•    Performing reporting, administration or other duties as assigned by Global Information Risk Manager from time to time

In addition to your main role you will coordinate the I&ORM role together with one colleague (whose primary responsibility is to act as local 2LoD Operational Risk Manager & 1LoD Business Continuity Management officer). The joint responsibilities include: 

•    Ensure risk ownership is taken within the 1LoD and to provide oversight, objective review and challenge of the manner in which operational risk, business continuity and information risk is handled across all activities, including within the UK.
•    Closely work together with other 2LoD functions (Compliance and Legal) to optimize the local regulatory requirements within the Control Framework of ABN AMRO Clearing London;
•    Perform ad hoc requests from Management;
•    Perform independent reviews and testing of various components of the risk and control environment.
•    Perform crisis management activities to support the EU and UK Crisis Manager and Business Crisis Teams

Your working environment

ABN AMRO is an enterprising bank with a primary focus on Northwest Europe. We serve clients in the retail, private banking and corporate banking sectors. We are also present internationally in a number of specialist activities, such as Corporate and Commercial Banking, Asset Based Finance and Clearing.

At ABN AMRO we have a clear purpose: Banking for better, for generations to come. The shift towards sustainability is one of the most important challenges of our time. Supporting our clients at times that matter has always been our role and our responsibility. Together, we aim high and work towards lasting relationships that are relevant and responsible, both now and in the future. We want to be the bank that leads the way.

Our strategy goes far beyond financial value: we want to accelerate the transition to sustainability. We do this by supporting and advising our clients in order to facilitate their sustainability shift. Our commitment to clients, employees, investors and society calls for clear direction, focus and dedication.

We concentrate on our three strategic pillars:

• Support our clients transition to sustainability
• Reinvent the customer experience
• Build a future-proof bank

Our strategy requires a culture of working together and permanent learning. It's only with this mindset that we unleash the best in ourselves to deliver a high standard of performance. ABN AMRO's culture is the catalyst for the evolution in which we find ourselves: our people are imaginative, trust each other and do just that little bit extra to help clients.

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 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 people in the UK.

Your profile

•    Knowledge of information management or business economics at a bachelors / masters level preferred but not essential.  
•    Knowledge of Industry wide IT standards (e.g. ITIL / COBIT / NIST);
•    Preferably information security qualifications such as CISSP/CISM and CISA;
•    Knowledge of IT Continuity practises
•    Knowledge of Information Security best practice, particularly with respect to financial services (ISO 27001/2)
•    Preferably knowledge of Global Execution Services, Clearing and post trade processes;
•    Knowledge of the UK regulatory FCA framework;
•    Knowledge of industry related regulatory frameworks (e.g. SWIFT, MiFID, Basel II/III, Dodd-Frank, EMIR);
•    Knowledge of Information Risk Management, external regulations and auditing;
•    Relevant working experience;
•    Strong communication skills, written, verbal and presentation and ability to interact with management, business, process- and system owners, IT and other enablers within the 3LoD;
•    Pro-active approach to understand the day to day issues and build strong relations with department heads
•    Strong analytical, reporting and presentation skills, ;
•    Good organisational capacities (project management methodology and work in practice);
•    Accurate and eye for detail;
•    Approachable and diplomatic;
•    Self-motivation and initiative (hands on);
•    Self-organisation (dedicating available time and energy to main issues and critical problems);
•    Teamwork (contributing effectively towards a collective (organisational) goal or towards solving problems or conflicts);
•    Integrity;
•    Being able to work effectively under pressure.

What we offer

Joining ABN AMRO means working on meaningful projects. Projects that have an impact on our clients. Working with a wide range of people with different backgrounds, opinions and ideas. In the UK, in the Netherlands or elsewhere in our international network. We offer an environment where you will be challenged on a daily basis - professionally as well as on a personal level - so that you can grow to become the professional you want to be.

We have identified that the following types of flexible working may be suitable for this role in principle. 

Any requests will be determined in line with our Flexible Working Policy:

Type of Flexible Working    Likely to be suitable

Part time                                Yes
Unpaid leave                         Yes
Staggered hours                   Yes
Other                                     Yes
 

Interested?

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.