Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support operational risk management and enhance the risk framework in a dynamic banking environment.
- Company: Prestigious London-based bank with a focus on international financial services.
- Benefits: Competitive salary, professional development, and a chance to shape risk management practices.
- Why this job: Join a modernising bank and make a real impact on operational resilience and compliance.
- Qualifications: Solid knowledge of operational risk management and strong communication skills.
- Other info: Opportunity for career growth in a supportive and innovative team.
The predicted salary is between 36000 - 60000 £ per year.
Operational Risk Officer
Specialisms : Operational Risk Jobs
- London
- £65,000
- Job type : Permanent
- Sector : Banking
- Job reference : MTP 43553
Apply for this job
Company Profile
This London-based institution is part of a wider international banking group, offering wholesale banking services with a focus on bridging financial flows between Europe, the Middle East, and North Africa. The firm delivers a diverse range of services including treasury, trade finance, corporate lending, and private banking to a broad client base. Regulated by UK authorities and headquartered in a prestigious central location, the bank combines global connectivity with local expertise. With a strong capital position, robust governance, and a long-standing presence in the market, the organisation is now entering a phase of modernisation and strategic growth. Risk management is a central pillar of its operations, and the bank is committed to upholding high standards in operational resilience and regulatory compliance across all business lines.
The Role
This role will support the Head of Operational Risk in strengthening and embedding the second line Operational Risk Framework. You’ll be a key part of the team responsible for oversight, challenge, and coordination of operational risk practices across the business. The position requires a hands‑on individual with solid experience in operational risk management within banking or financial services.
Tasks
- Provide second line oversight of operational risk controls, reporting, and escalation.
- Support the delivery and continuous improvement of the Operational Risk Framework.
- Lead the coordination of operational risk governance forums, including MI reporting and committee prep.
- Perform independent testing and thematic reviews of control effectiveness across business areas.
- Challenge first line assessments (e.g., RCSAs), risk events, and control self‑evaluations.
- Maintain key operational risk and fraud policies; contribute to product and change assessments.
- Engage with stakeholders to identify emerging risks and ensure suitable mitigation is in place.
- Educate staff on operational risk matters and contribute to a culture of proactive risk awareness.
Experience Required
- Solid knowledge of operational risk management principles and frameworks.
- Understanding of banking products, controls, and end‑to‑end processing flows.
- Familiarity with risk reporting, governance structures, and regulatory expectations.
- Experience conducting control testing, risk reviews, or independent assurance.
- Clear and confident communication skills, with an ability to engage and challenge stakeholders constructively.
- Awareness of relevant regulatory frameworks and developments in operational risk.
Call to Action
To apply, or for a confidential conversation, contact Molly Phillips – mtp
#J-18808-Ljbffr
Operational Risk Officer employer: Barclay Simpson
Contact Detail:
Barclay Simpson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Officer
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and financial services sector. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your operational risk knowledge. Familiarise yourself with the latest regulatory frameworks and be ready to discuss how you can contribute to the bank's risk management strategies. Confidence is key!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific instances where you’ve successfully managed operational risks or improved processes. This will help you stand out as a hands-on candidate.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our team. Let’s make this happen together!
We think you need these skills to ace Operational Risk Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operational Risk Officer role. Highlight your experience in operational risk management and any relevant banking knowledge. We want to see how your skills align with what we're looking for!
Craft a Compelling Introduction: Your short introduction is your chance to shine! Explain why you're interested in this role and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Communication Skills: Since clear communication is key in this role, make sure your application reflects that. Use straightforward language and structure your thoughts logically. We appreciate clarity and confidence!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved.
How to prepare for a job interview at Barclay Simpson
✨Know Your Operational Risk Framework
Make sure you have a solid understanding of operational risk management principles and frameworks. Brush up on the specific frameworks used in banking, as this will show your potential employer that you're not just familiar with the theory but can apply it practically.
✨Prepare for Scenario-Based Questions
Expect to be asked about real-life scenarios where you had to assess or manage operational risks. Prepare examples from your past experience that highlight your problem-solving skills and ability to challenge assessments constructively.
✨Understand the Regulatory Landscape
Familiarise yourself with the relevant regulatory frameworks and recent developments in operational risk. Being able to discuss these topics confidently will demonstrate your commitment to compliance and governance, which is crucial for the role.
✨Engage Stakeholders Effectively
Practice how you would communicate with various stakeholders about operational risk matters. Clear and confident communication is key, so think about how you can convey complex information simply and effectively during the interview.
