At a Glance
- Tasks: Lead operational risk governance updates and collaborate across teams to ensure compliance.
- Company: Join a leading UK Bank focused on operational resilience and risk management.
- Benefits: Enjoy a flexible work schedule with 2 days from home each week.
- Why this job: Be part of a dynamic team shaping risk strategies in a reputable financial institution.
- Qualifications: 5+ years in financial services with strong operational risk management experience required.
- Other info: Opportunity to influence senior stakeholders and enhance your project management skills.
The predicted salary is between 43200 - 72000 £ per year.
Role profile: Operational Risk Manager
- Permanent role
- 2 days in 3 from home
- Work for a leading UK Bank
Reporting to the Head of Operational Risk & Resilience, you will be responsible for:
- Owning the updates to the Operational Risk governance documents, including related templates/presentations to committees.
- Supporting the Head of Operational Risk & Resilience with the definition, documentation, maintenance and tracking of the Operational Risk strategy, keeping up to speed on tools and techniques used to manage operational risk and proposing new approaches and methodologies where appropriate.
- Ensuring the operational risk-owned frameworks, policies and standards accurately reflect the risk profile and Group strategy.
- Monitor compliance with the requirements of the risk frameworks/policies and their effectiveness across the Group.
- Collaborating across teams to ensure the risk, frameworks and policies are current, effectively communicated and applied.
- Ensuring appropriate level of control is applied to the development, maintenance and approval of documents, including appropriate record keeping.
- Ensuring adequate monitoring and MI is in place in relation to compliance, with effective reporting mechanisms.
Governance
- Ensuring that appropriate papers are submitted to the Executive committees and managing the inputs to those committees, acting as the key liaison.
- Principal lead for ensuring that all required Operational Risk materials are produced to the right time and quality standards for the Non-Financial Risk Committee and ensuring that actions against Operational Risk from that committee are monitored to ensure timely completion by the due dates
- Ensuring that all documents are maintained, updated and administered in accordance with the governance cycle.
Person requirements:
Technical knowledge
- Strong experience in financial services, with proven applied knowledge in the development of operational risk management frameworks, policies and training (5 years+).
- Excellent organisational skills with project management capability. Able to deliver in a pragmatic and focused manner.
- Strategic thinking capability and experience.
Critical Thinking
- Attention to detail, effective planning and organisational skills and demonstrable ability to work under own initiative is essential.
- Have a naturally curious and inquisitive approach to work, proactively questioning the status quo where appropriate.
Effective Communication
- Effective communication (written and verbal) skills with the ability to effectively engage and influence business stakeholders including senior stakeholders.
- Experience in creating and delivering impactful presentation and education programme in risk management and frameworks/policies to colleagues at all levels in the organisation.
Operational Risk Manager employer: JSS Search
Contact Detail:
JSS Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Manager
✨Tip Number 1
Familiarize yourself with the latest trends and tools in operational risk management. This will not only help you understand the current landscape but also allow you to propose innovative approaches during your discussions with us.
✨Tip Number 2
Network with professionals in the financial services sector, especially those who have experience in operational risk. Engaging with industry peers can provide valuable insights and may even lead to referrals for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed operational risk frameworks in the past. Highlighting your practical experience will demonstrate your capability to deliver in a pragmatic manner.
✨Tip Number 4
Brush up on your presentation skills, as effective communication is key for this role. Practice delivering impactful presentations on risk management topics to ensure you can engage and influence stakeholders effectively.
We think you need these skills to ace Operational Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your strong experience in financial services and operational risk management frameworks. Use specific examples that demonstrate your project management capabilities and strategic thinking.
Craft a Compelling Cover Letter: In your cover letter, emphasize your attention to detail and critical thinking skills. Discuss how your proactive approach has led to successful outcomes in previous roles, particularly in risk management.
Showcase Communication Skills: Provide examples of how you've effectively communicated with senior stakeholders and delivered impactful presentations. This will demonstrate your ability to engage and influence at all levels within an organization.
Highlight Governance Experience: Mention any experience you have with governance cycles and managing documentation related to operational risk. This is crucial for the role, so be specific about your contributions and achievements in this area.
How to prepare for a job interview at JSS Search
✨Showcase Your Experience
Be prepared to discuss your 5+ years of experience in financial services, particularly focusing on operational risk management frameworks. Highlight specific examples where you've developed policies or training that had a significant impact.
✨Demonstrate Strategic Thinking
During the interview, illustrate your strategic thinking capabilities. Share instances where you identified gaps in existing frameworks and proposed innovative solutions that improved operational risk management.
✨Effective Communication is Key
Practice articulating complex risk concepts in a clear and concise manner. Be ready to discuss how you've engaged with senior stakeholders and delivered impactful presentations on risk management topics.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your critical thinking and problem-solving skills. Think about past situations where you had to monitor compliance or manage risk frameworks, and be ready to explain your thought process and actions.