Career Events 2012

1

Its funny how time flies...

Greenwich University Career Events 2012 by OLUWASEUN BABAJIDE

2

OLUWASEUN BABAJIDE

Operational Risk Manager

At

Nationwide Building Society, Northampton.


3

Career Events 2012Contents Page

1.1 Educational Background 4

1.2 Why University of Greenwich? 5

1.3 Why Study Mathematics? 6

1.4 Work Experience 7

1.5 Operational Risk Manager 8

1.6 Definition of Operational Risk 9

1.7 Causes of Operational Risk 10

1.8 Senior Risk Management Analyst 11

1.9 Interview Tips 12

1.10 Useful Websites 13

1.11 Motivational Quotes.... 14

1.12 Thank You. 15Greenwich University Career Events 2012 by OLUWASEUN BABAJIDE

4

1.1 Educational Background• GNVQ Intermediate Business (2001-2002)

• A level Business Studies, Account, and Mathematics

(2002-2004)

• BA Hons Business and Mathematics (2004-2007)

• Msc Applied Mathematical Modelling and

Scientific Computing (2007-2008)

• Student Representative (2007-2008)

• Associate Member of Institute of Mathematics (Current)

• MSC Projects “Prediction of Financial Indices Using

Historical Data”

• Current Professional Courses Investment

Management Certificate (IMC)


5

1.2 Why University of Greenwich?• Greenwich University has excellent University record. In 2004, University of

Greenwich was ranked 10th in the Guardian league for Mathematics.

• Students have access to resources across the University Library, learning

opportunities, computer equipments and sport facilities.

• Teaching quality – You will be taught by academics who are leading experts in their

field and whose research is respected around the world.

• Graduate are highly valued by employers worldwide. I did not have any problem

getting a job.

• The University offers a range of scholarship to brilliant students. I had one for my

Msc in Applied Mathematical Modelling.


6

1.3 Why Study Mathematics?

• The skills gained from studying Mathematics are versatile and transferable and are applicable to any profession. You can work in sectors such as engineering, information technology, medicine, psychology, sports science, music technology, animal health, forensics or astronomy, banking, journalism, teaching, television, marketing, law, photography, art restoration, media and film production etc.

• You learn to solve problems more easily. You can look at a problem from various aspects and reach to a right solution through applying logical patterns.

• Studying mathematics can help a great deal to clarify the normal thinking process further. You develop a critical mindset and the ability to look into a problem through various angles and dimensions


7

1.4 Work Experience

Contract - Reed Exhibition as Revenue Analyst (Sept 2008-Dec 2008)

EIC as Senior Risk Management Analyst (Nov 2008-May 2011)

LSC Group as Mathematical Modelling Consultant (May 2011-November 2011)

Nationwide Building Society as Operational Risk Manager (January 2012-Present)


8

1.5 Operational Risk Manager Nationwide Building Society(NBS) is a British building society, and is the

largest in the world. It has its headquarters in Swindon, England, and maintains significant administration centres in Bournemouth and Northampton.

Responsibilities Ensures that NBS complies with FSA changes in regulations

Writing reports for and meeting with the Head of Departments and directors.

Mathematical Modelling (Using Standard deviation, Monte Carlo simulation etc for Loss analysis)

Using Microsoft package


9

1.6 Definition of Operational Risk?• “Operational Risk is defined as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events”

-Basel II

OPERATIONAL RISK IS A JOURNEY, NOT A DESTINATION


1.7 Causes of Operational Risk

Greenwich University Career Events 2012 by OLUWASEUN BABAJIDE 10

Causes Definition Examples

People

Internal fraudUnauthorized tradingWrongful termination

Losses caused by an employee or involvingemployees .

Systems

Programming errorComputer virusUtility outage/disruptions

Losses arising from system failure due to unavailability of infrastructure or IT.

Internal Processes

Unapproved accessData entry error

Losses from failed transactions, clientaccounts, settlements

External Processes

Credit card fraudComputer crimeTerrorism

Losses from the actions of 3rd partiesincluding external fraud, or damage toproperty or assets.

11

1.8 Senior Risk Management Analyst

Energy Information Centre (EIC) is widely recognised as the leading authority in the

provision of energy market information and consultancy. Working on behalf of

numerous FTSE 100 companies and other major energy users.

Responsibilities

Responsible for quantifying the market risk associated with the open positions held by the Risk Management clients, particularly in relation to budgeted costs.

Demonstrated strong technical skills by grasping new concepts and an understanding of numerous computing technologies

Developed gas demand forecast model

Developing, testing and implementing risk trading models (Stress Test, Exponential Moving Averages, Relative Strength Index, Bollinger Bands and CaR)

Writing market updates for over 1200 clientsGreenwich University Career Events 2012 by OLUWASEUN BABAJIDE

12

1.9 Interview Tips

Dress Smartly Be on time Write down and prepare for possible questions Be Honest Check your CV for possible gaps Talk about specific achievements Don’t talk too much Smile Take a spare copy of your CV with you Appear confident and enthusiastic Speak Clearly Keep eye contact when talking Ask Questions

And finally, give it your best!Greenwich University Career Events 2012 by OLUWASEUN BABAJIDE

13

1.10 Useful Websites• www.efinancialcareers.co.uk – latest updates in the

financial industries.

• www.linkedin.com – Connect with highly experienced people

• www.prospects.ac.uk

• www.jobsite.co.uk

• www.milkround.com

• www.monster.co.uk


14

1.11 Motivational quotes....

"The best way to predict the future is to invent it"- Alan Kay

“A short saying oft contains much wisdom”. Sophocles

"Success consists of going from failure to failure without loss of enthusiasm." --Winston Churchill


15

1.12 Thank You

Send further questions to

•[email protected]

• LinkedIn- Oluwaseun Babajide


16

Hope the material helps.

I wish you the best in your studies, career

and always aim high!

KEEP IN TOUCH.


17

THE END.


Documents

Career Events 2012