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- Tasks: Lead operational risk management and support the development of key frameworks and policies.
- Company: Join Handelsbanken, a relationship bank focused on local decision-making and customer relations.
- Benefits: Enjoy competitive salary, private medical insurance, and a market-leading pension contribution of 15%.
- Why this job: Be part of a diverse team, making impactful decisions in a supportive environment.
- Qualifications: Experience in operational risk management and strong communication skills are essential.
- Other info: Open to applicants from all backgrounds; we value diversity and inclusion.
The predicted salary is between 43200 - 72000 £ per year.
An opportunity has arisen within our 2LOD Operational Risk division. We are open to this role being based in either our Manchester or London Head Office; with duties to include the below:
- Support the Head of Operational Risk Control in developing and maintaining the Bank's Operational Risk Management Framework (ORMF), policies, processes, and tools.
- Assist in producing and executing the Operational Risk Control Team's business plan.
- Lead second line operational risk engagement in various activities, providing advice, guidance, and support on operational risk management to business functions.
- Provide independent oversight, monitoring, and challenge to operational risk activities and profiles across the business.
- Represent the Operational Risk Control Team at governance and risk forums and act as a delegate for the Head of Operational Risk Control when required.
- Lead the design and enhancement of methodologies across the operational risk landscape.
- Develop and deliver training on ORMF components, processes, tools, and systems across the Bank.
- Analyze operational risk data for emerging trends and produce reports and risk opinions for senior management and governance forums.
- Oversee the production of operational risk reporting, annual disclosures, and regulatory submissions, including ICAAP inputs.
- Conduct deep dives, thematic reviews, monitoring, oversight, and control testing to assess the effectiveness of the risk framework.
- Support the Head of Operational Risk Control as a key contact for regulators on operational risk matters.
- Build and maintain relationships with senior stakeholders and support/coaching team members.
Ideal Candidate
- Understanding of UK and international regulations related to operational risk.
- Experience in operational risk and control management within Financial Services (first line, second line, or Internal Audit).
- Experience with control testing or broader assurance activities.
- Strong communication skills, with the ability to explain risk matters clearly to non-risk professionals.
- Ability to build relationships with stakeholders and engage proactively with the business.
- Comfort in challenging and influencing senior management decisions.
- Ability to assess risks independently and make informed recommendations.
Additional Beneficial Experience
- Development of operational risk policies and frameworks.
- Experience with ICAAP and scenario analysis.
- Familiarity with GRC tools and systems.
Company Information
Handelsbanken is a relationship bank with a decentralized approach, a strong local presence, and a long-term focus on customer relations. Our branches operate as local businesses, enabling decision-making at a local level to provide tailored services. We are committed to diversity and inclusion, welcoming applicants regardless of socio-economic background, age, disability, pregnancy, race, veteran status, marital status, religion, gender, or sexual orientation.
What is in it for you?
- Wide range of learning and development opportunities.
- Competitive salary and benefits, including private medical insurance, income protection, and life assurance.
- Market-leading pension contribution of 15%, with investment options including ESG and Shariah funds.
Application Next Steps
After submitting your application, our recruiters will review your details and may contact you for a phone interview. If successful, you'll be invited for an interview. Our Talent Acquisition team is available to support you throughout the process, including providing additional time or accommodations.
Senior Operational Risk Specialist employer: Handelsbanken plc
Contact Detail:
Handelsbanken plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Operational Risk Specialist
✨Tip Number 1
Familiarise yourself with the latest UK and international regulations related to operational risk. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the financial services sector, especially those involved in operational risk management. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed operational risks in previous roles. Highlighting your experience with control testing and assurance activities will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to build relationships with stakeholders by preparing anecdotes that illustrate your communication skills. Being able to explain complex risk matters clearly will be crucial in this role.
We think you need these skills to ace Senior Operational Risk Specialist
Some tips for your application 🫡
Understand the Role: Carefully read the job description for the Senior Operational Risk Specialist position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in operational risk management, particularly within Financial Services. Use specific examples to demonstrate your understanding of UK and international regulations related to operational risk.
Showcase Communication Skills: Since strong communication skills are essential for this role, provide examples of how you've effectively communicated complex risk matters to non-risk professionals. This could be through presentations, reports, or training sessions.
Tailor Your Application: Make sure to customise your CV and cover letter for this specific role. Address how your skills and experiences align with the responsibilities listed in the job description, and express your enthusiasm for working with Handelsbanken.
How to prepare for a job interview at Handelsbanken plc
✨Understand the Operational Risk Management Framework
Familiarise yourself with the Bank's Operational Risk Management Framework (ORMF) before the interview. Be prepared to discuss how you can contribute to its development and maintenance, as well as any relevant experience you have in this area.
✨Showcase Your Communication Skills
Since strong communication skills are essential for this role, practice explaining complex risk concepts in simple terms. Think of examples where you've successfully communicated risk matters to non-risk professionals, as this will demonstrate your ability to engage with various stakeholders.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your ability to analyse operational risk data and make informed recommendations. Prepare by thinking through past experiences where you've identified risks and implemented controls, and be ready to discuss the outcomes.
✨Demonstrate Relationship-Building Skills
Highlight your ability to build and maintain relationships with senior stakeholders. Prepare examples of how you've engaged proactively with business functions and influenced decision-making, as this will show your capability to work collaboratively within the organisation.
