At a Glance
- Tasks: Manage and improve operational risk processes in a fast-paced banking environment.
- Company: Join a prestigious bank in London known for its commitment to operational resilience.
- Benefits: Gain experience on high-profile projects with potential for career growth.
- Why this job: Contribute to critical risk management initiatives and enhance your expertise in the banking sector.
- Qualifications: Must have a strong background in operational risk management within UK banking.
- Other info: This is a contract role, perfect for experienced professionals looking to make an impact.
The predicted salary is between 43200 - 72000 £ per year.
Operational Risk Consultant (Contract) – London Venn Group is working with a prominent banking institution seeking an Operational Risk Consultant for a contract role with a prestigious bank in London. This opportunity is designed for a highly experienced professional with a strong background in operational risk management within the UK banking sector. The role will involve working on critical risk management initiatives to strengthen the bank’s operational resilience and compliance frameworks. This position offers a chance to contribute to high-profile projects within a dynamic and fast-paced environment. Key Responsibilities The successful candidate will play a pivotal role in managing and improving the bank’s operational risk processes and culture. Responsibilities will include: Operational Risk Framework Development: Enhancing existing frameworks and methodologies to align with best practices and regulatory expectations.Contribute to the design and upholding of policies related to the Operational Risk Management Policy across the business. Risk and Control Self-Assessments (RCSA): Supporting and executing RCSA processes, identifying key risks, and ensuring appropriate controls are in place.Act as an escalation point for internal queries to ensure adherence to best practice Risk Management methodologies. Work as part of a group Risk …
Operational Risk Consultant Contract employer: Venn Group
Contact Detail:
Venn Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Consultant Contract
✨Tip Number 1
Familiarize yourself with the latest regulatory requirements and best practices in operational risk management within the UK banking sector. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in a fast-paced environment.
✨Tip Number 2
Network with professionals in the banking industry, especially those who specialize in operational risk. Attend relevant conferences or webinars to connect with potential colleagues and learn about current challenges and solutions in the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've contributed to enhancing operational risk frameworks in previous roles. Highlight your experience with Risk and Control Self-Assessments (RCSA) and any successful initiatives you've led.
✨Tip Number 4
Showcase your ability to work in a dynamic environment by sharing experiences where you've adapted to changes quickly. Emphasize your problem-solving skills and how you've effectively managed risks in high-pressure situations.
We think you need these skills to ace Operational Risk Consultant Contract
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Operational Risk Consultant position. Understand the key responsibilities and required skills, especially those related to operational risk management in the UK banking sector.
Tailor Your CV: Customize your CV to highlight your relevant experience in operational risk management. Focus on specific projects or initiatives you've worked on that align with the responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that clearly articulates your interest in the role and how your background makes you a suitable candidate. Mention specific experiences that demonstrate your ability to enhance operational risk frameworks and manage RCSA processes.
Highlight Relevant Achievements: In both your CV and cover letter, emphasize any achievements that showcase your expertise in operational risk management. Use quantifiable metrics where possible to illustrate your impact in previous roles.
How to prepare for a job interview at Venn Group
✨Understand the Operational Risk Landscape
Make sure you have a solid grasp of the current operational risk management practices within the UK banking sector. Familiarize yourself with recent regulatory changes and how they impact risk frameworks.
✨Showcase Your Experience
Prepare to discuss specific examples from your past roles where you successfully managed operational risk processes. Highlight any frameworks you developed or improved, and be ready to explain the outcomes.
✨Demonstrate Analytical Skills
Be prepared to showcase your analytical skills during the interview. Discuss how you approach Risk and Control Self-Assessments (RCSA) and provide examples of how you've identified key risks and implemented controls.
✨Engage with the Interviewers
Don't hesitate to ask insightful questions about the bank's current risk management initiatives and challenges. This shows your genuine interest in the role and helps you understand how you can contribute effectively.