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- Tasks: Manage risk across banking products and provide expert advice on compliance.
- Company: Join Tesco Bank, a caring employer focused on community and sustainability.
- Benefits: Enjoy hybrid work, generous holidays, private medical insurance, and a performance bonus.
- Why this job: Be part of a supportive culture that values diversity and personal growth.
- Qualifications: Experience in risk management and strong communication skills are essential.
- Other info: Open to diverse applicants; apply even if you don't meet all criteria.
The predicted salary is between 44000 - 66000 £ per year.
This job is brought to you by Jobs/Redefined, the UK\’s leading over-50s age inclusive jobs board.
Serving our customers, communities, and planet a little better every day.
Salary – up to £55,000 + annual bonus & benefits
Location – Edinburgh or Glasgow, Permanent
Office Attendance – Our roles are hybrid, however you should be able to travel to our Glasgow OR Edinburgh office 2-3 days per week.
Closing Date – 18th July 2025 at 5pm.
A bank with a little more heart
This is an exciting time to join Tesco Bank\’s Controls 1st Line Risk Function, to help manage risk across Banking Products. As an Operational and Strategic Advisory Manager, you\’ll provide advice on risk matters, ensure compliance with the risk management framework, and share risk knowledge. You\’ll work closely with assurance colleagues and product stakeholders, engaging with various teams across the business to maintain a strong risk and control environment
What you\’ll be doing
- Providing technical expertise to support the Banking Business with the management of risks, controls, issues, and events.
- Facilitating the half yearly Risk & Control Self-Assessment attestation exercise across Banking
- Analysing risk data to provide insight and identify opportunities to simplify and add value.
- Co-ordinating the production of the pack, and the facilitation of Risk Forums.
- Planning and prioritising work to meet commitments and foreseeing and resolving potential bottlenecks and delays.
- Engaging in local risk fora, providing credible risk opinion and expert knowledge of the Risk Management Framework.
We need you to have:
- Considerable experience working with Risk Management Frameworks and undertaking risk and control self-assessment.
- Confident communicator with the ability to interact with stakeholders at all levels, building trust and gaining commitment through integrity, cooperation, and flexibility.
- Ability to translate risk opinion into measurable and timely actions.
- Initiative-taking mindset with excellent planning and time management skills.
And if you have any of these, even better
- Excellent collaborator who champions risk management in all aspects of the role and beyond.
- Superb attention to detail, producing accurate, high-quality reporting.
- Creative thinker and analytical mindset with a focus on solutioning.
If you don\’t tick all the boxes but feel you have some of the relevant skills we\’re looking for, please apply and we\’re happy to have a conversation with you.
What\’s in it for you?
- Prepare for your retirement with our colleague pension scheme.
- Private Medical Insurance (WL2+) and virtual GP Service 365 days a year.
- Performance related annual bonus.
- Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
- Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday. As an added perk, we\’ll give you a second card to share with someone else.
- Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous 8-week paid paternity leave.
- A place to get on – take advantage of our ongoing learning opportunities and award-winning training, to help you achieve the job and career you want.
- Take part in our Buy as you Earn and Save as your Earn share schemes.
Everyone\’s welcome
We want all our colleagues to always feel welcome and be themselves. We\’re committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.
Interviews are expected to be held from w/c 28th July 2025.
#LI-LC1
How to apply
We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.
Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you\’re interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!
Why Tesco Bank?
Whether we\’re helping our customers or looking after our people, you\’ll find there\’s a warmth and friendliness to everything we do.
It means we put your wellbeing first and give you bags of support, training and development, so you can build the career that\’s right for you. It\’s about looking after each other with the same care that we give to our customers.
We\’ve created an environment where everyone feels included, accepted and welcome. Which means you can bring your whole self to work every day and totally thrive at the same time.
Lovely.
Say hello to life in Tesco Bank.
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Operational and Strategic Advisory Manager employer: Tesco Bank
Contact Detail:
Tesco Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational and Strategic Advisory Manager
✨Tip Number 1
Familiarise yourself with Tesco Bank's risk management framework and recent initiatives. This will not only help you understand their approach but also allow you to engage in meaningful conversations during interviews, showcasing your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of Tesco Bank on platforms like LinkedIn. They can provide insights into the company culture and expectations for the Operational and Strategic Advisory Manager role, which can be invaluable during your application process.
✨Tip Number 3
Prepare specific examples from your past experience that demonstrate your ability to manage risks and engage with stakeholders. Being able to articulate these experiences clearly will help you stand out as a candidate who can add immediate value to the team.
✨Tip Number 4
Stay updated on industry trends related to risk management and banking. Showing that you are knowledgeable about current challenges and innovations in the field can set you apart and demonstrate your proactive approach to the role.
We think you need these skills to ace Operational and Strategic Advisory Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with Risk Management Frameworks and any relevant skills that align with the job description. Use specific examples to demonstrate your expertise in managing risks and controls.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background and skills make you a perfect fit for the Operational and Strategic Advisory Manager position, and mention your ability to engage with stakeholders at all levels.
Showcase Your Communication Skills: Since the role requires confident communication, provide examples in your application of how you've successfully interacted with various stakeholders. Highlight instances where you've built trust and gained commitment through your integrity and cooperation.
Highlight Your Analytical Mindset: Demonstrate your analytical skills by discussing how you've previously analysed risk data to provide insights or identify opportunities. This will show your potential employer that you can add value to their team.
How to prepare for a job interview at Tesco Bank
✨Understand the Risk Management Framework
Make sure you have a solid grasp of risk management frameworks and can discuss your experience with them. Be prepared to provide examples of how you've applied these frameworks in previous roles.
✨Communicate Confidently
As a confident communicator, you should be ready to engage with stakeholders at all levels. Practice articulating your thoughts clearly and concisely, and think about how you can build trust through your responses.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical mindset. Prepare to discuss how you've used data to identify risks and opportunities in past roles, and think of specific examples that highlight your problem-solving abilities.
✨Highlight Collaboration Experience
Collaboration is key in this role, so be prepared to share examples of how you've worked effectively with teams. Discuss any initiatives you've led or contributed to that championed risk management and improved processes.
