Operational Risk Manager Assistant

The Working Student will support the enhancement and operationalisation of the Group Operational Risk Scenario framework, with a focus on improving the structure, consistency, documentation and analytical support for scenario assessments used as key inputs to the Operational Risk Model. This includes supporting the evolution towards a more structured scenario universe (e.g., “scenario families”), improving scenario data quality, and preparing materials to facilitate reviews with subject matter experts and governance committees. We are looking for a candidate available at least 12 months, ideally longer.

Responsibilities

Key duties and responsibilities

Scenario framework enhancement & documentationSupport the design and documentation of an improved scenario framework (e.g., structuring scenarios into families and defining aggregation principles). Maintain and improve scenario documentation standards (definitions, assumptions, net-of-controls logic, traceability of changes). Help ensure scenarios remain coherent and integrated within the broader scenario universe

Scenario inventory, data quality & change controlConsolidate scenario inventories (IDs, owners, risk taxonomy mapping, versioning, review dates), and highlight gaps, overlaps or inconsistencies. Perform quality checks on key scenario fields (severityranges, frequencies, time horizons, documentation completeness) and propose standardised improvements.

Analytical support for scenario calibrationProduce basic analytics and visual summaries to support scenario calibration discussions (e.g., distributions, sensitivity views, comparisons across years / scenario families). (Analytical support aligned with scenario assessment process.) Support preparation of scenario review packs for workshops with SMEs / first line stakeholders (templates, pre-reads, action logs).

• Governance support deliverablesHelp prepare concise documentation and slides for internal governance touchpoints and committees when scenario framework topics are discussed. Track decisions, action items and follow-ups related to scenario framework improvements and scenario updates.

Qualifications

Required experience & competencies

Technical / Analytical

Strong analytical skills; ability combine multiple frameworks and structure messy information into clear frameworks. Comfort with quantitative reasoning (ranges, frequencies, distributions) and data quality checks. Proficiency in PowerBI and MS suite (excel, word, ppt). Ability to use AI is strongly recommended.

• Knowledge of statistics / modelling concepts; or programming skills (Python/R) for data processing.

Strong written communication (ability to draft crisp notes and slide content).

• Reliability, attention to detail, and respect of confidentiality. Ability to work with multiple stakeholders (ORM team, SMEs, first line) in a professional setting
• Job Schedule Full time