The Banque centrale du Luxembourg (BCL), member of the Eurosystem, is currently seeking to recruit a(n): OPERATIONAL RISK MANAGEMENT SPECIALIST (m/f/d) - career A1 Full time - (ref. 08/RFO3/2025) Your mission: Within the "Operational Risk Prevention and Cybersecurity" section – which is part of the "Financial and Operational Risk Management" department – and as part of the second line of defense in the internal control model, you are responsible to proactively manage the organisation's operational risks by minimising operational risks across the BCL's activities. You contribute to the identification and assessment, monitoring and mitigation of operational risks. This role involves designing and implementing an effective risk management framework, ensuring alignment with the rules and procedures in force at the BCL and/or in the Eurosystem, strategic objectives, and fostering a culture of risk awareness across all levels. Your responsibilities:
* You will participate in the risk prevention team's tasks to assess and evaluate the bank's operational risks
* You will assist various business units in identifying and evaluating operational risks, including conducting second-line controls and proposing mitigation measures, assessing and documenting operational risks
* You will assist various projects in assessing the risk situation and in proposing mitigating measures.
* You will support the design of appropriate controls to keep risk exposure within acceptable levels.
* You will assist and support reporting activities on the banks operational risk status, including periodic reporting, the drafting of the quarterly risk situation and contribute to the development of the operational risk mapping.
* You will analyse the Key Risk Indicators (KRIs) and assess the potential impact of emerging risks.
* You document the identified risks according to the operational risk management taxonomy.
* You monitor and evaluate emerging risks and industry trends to enhance the organisation's resilience and preparedness.
* You will provide guidance and support as a subject matter expert.
* You will collaborate with cross-functional teams to integrate operational risk requirements into daily operations and project planning.
You will provide training and increase awareness of operational risks, promoting best practices throughout the organisation.
Your profile:
* Master's degree or equivalent in economics, finance, computer science or similar;
* A first experience in Operational Risk Management in the banking environment;
* Appetite for performing second line controls;
* Strong organisational, analytical/synthesis and writing skills;
* Proven ability to identify and evaluate operational risks and controls;
* Good communication, good interpersonal skills and discretion;
* Sense of responsibility, availability, respect of deadlines;
* Ability to work alone and in a team;
* French and English are required, knowledge of Luxembourgish and German is considered an asset.
To apply, please complete the online application questions and submit your latest CV, your motivation letter as well as copy of your diploma(s).Before signing the contract, the candidates need to present an extract of the criminal record (bulletin n°3) dating from less than 2 months. A higher education diploma obtained abroad has to be formally recognized through registration in the register of academic education by the Ministry of Higher Education and Research (MESR).Deadline for applications: 15th June 2025