Operational Risk Manager

Operational Risk Manager

Full-Time 48000 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Shape and enhance the Operational Risk strategy for a leading global insurer.
  • Company: Join a dynamic global specialty insurance business with a strong focus on risk management.
  • Benefits: Competitive salary, career development opportunities, and a chance to influence key strategies.
  • Why this job: Make a real impact in operational risk management while working with senior stakeholders.
  • Qualifications: Experience in operational risk and UK insurance is essential.
  • Other info: Exciting opportunity for growth in a collaborative environment.

The predicted salary is between 48000 - 72000 Β£ per year.

I have partnered with a global specialty insurance business to find an Operational Risk Manager to join their team. This is a key role in the second line of defence, working closely with senior stakeholders to manage and enhance the Operational Risk framework while ensuring regulatory compliance.

This is an exciting opportunity to shape risk strategy within a leading global insurer.

Key Responsibilities:

  1. Develop and implement the Operational Risk strategy for UK & Europe.
  2. Maintain and enhance the risk framework, ensuring effective risk identification, monitoring, and mitigation.
  3. Lead risk reporting to senior management, committees, and regulators.
  4. Support governance processes, facilitating risk committee operations and advising on key risk issues.
  5. Ensure compliance with key regulations, including Operational Resilience and Third-Party Risk Management.

Skills & Experience:

  1. Proven experience in operational risk, internal controls, and incident reporting.
  2. Knowledge of regulatory frameworks.
  3. Excellent stakeholder management and the ability to present to senior leadership.
  4. UK Insurance experience is a MUST.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Other, Strategy/Planning, and Management

Industries

Insurance

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Operational Risk Manager employer: Arthur Recruitment

Join a leading global specialty insurance business that values innovation and collaboration, offering a dynamic work environment where your contributions directly impact the operational risk strategy across the UK and Europe. With a strong commitment to employee development, you will have access to continuous learning opportunities and the chance to work alongside senior stakeholders in a culture that prioritises compliance and excellence. Located in a vibrant city, this role not only provides competitive benefits but also fosters a supportive atmosphere that encourages professional growth and meaningful engagement.
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Contact Detail:

Arthur Recruitment Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Operational Risk Manager

✨Tip Number 1

Network like a pro! Reach out to people in the insurance industry, especially those who work in operational risk. A friendly chat can lead to insider info about job openings and even referrals.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of regulatory frameworks and operational resilience. We recommend practising common interview questions related to risk management to showcase your expertise.

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.

✨Tip Number 4

Apply through our website for the best chance at landing that Operational Risk Manager role. We make it easy for you to showcase your skills and experience directly to employers looking for talent like yours!

We think you need these skills to ace Operational Risk Manager

Operational Risk Management
Regulatory Compliance
Risk Framework Development
Risk Identification
Risk Monitoring
Risk Mitigation
Stakeholder Management
Incident Reporting
Governance Processes
Third-Party Risk Management
UK Insurance Knowledge
Presentation Skills
Strategic Planning
Analytical Skills

Some tips for your application 🫑

Tailor Your CV: Make sure your CV is tailored to the Operational Risk Manager role. Highlight your experience in operational risk, internal controls, and any relevant regulatory frameworks. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention your UK insurance experience – it’s a must!

Showcase Stakeholder Management Skills: Since this role involves working closely with senior stakeholders, make sure to highlight your stakeholder management skills in your application. Share examples of how you've successfully communicated and presented to leadership in the past.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!

How to prepare for a job interview at Arthur Recruitment

✨Know Your Risk Frameworks

Make sure you brush up on the key operational risk frameworks relevant to the insurance industry. Familiarise yourself with how these frameworks apply to UK and European regulations, as this will show your potential employer that you’re not just knowledgeable but also ready to hit the ground running.

✨Prepare for Stakeholder Scenarios

Since stakeholder management is crucial for this role, think of examples from your past experiences where you successfully managed relationships or presented to senior leadership. Be ready to discuss how you navigated challenges and what strategies you used to communicate effectively.

✨Showcase Your Compliance Knowledge

Dive deep into the specifics of Operational Resilience and Third-Party Risk Management regulations. Prepare to discuss how you’ve ensured compliance in previous roles and be ready to suggest ways to enhance compliance processes in the new position.

✨Ask Insightful Questions

At the end of the interview, don’t shy away from asking questions that demonstrate your interest in shaping the risk strategy. Inquire about the current challenges they face in operational risk management and how you can contribute to overcoming them. This shows you’re proactive and genuinely interested in the role.

Operational Risk Manager
Arthur Recruitment
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