Operational Risk Lead (12-Month Contract) – London

Operational Risk Lead (12-Month Contract) – London

Temporary 60000 - 75000 £ / year (est.) No working from home possible
Brightwell

At a Glance

  • Tasks: Lead operational risk management and enhance the risk framework at Brightwell.
  • Company: Join Brightwell, a company committed to inclusivity and professional growth.
  • Benefits: Enjoy a competitive salary, generous pension contributions, and a supportive work environment.
  • Other info: Be part of a diverse team that values your contributions and fosters career development.
  • Why this job: Make a real impact by driving risk culture and supporting business change.
  • Qualifications: Experience in operational risk and strong communication skills are essential.

The predicted salary is between 60000 - 75000 £ per year.

Are you an experienced operational risk professional looking to take the lead in a hands‑on role where you can drive forward all aspects of operational risk management? In this position, you will play a key role in maintaining and enhancing Brightwell’s risk framework, supporting risk reviews, strengthening supplier oversight, and ensuring high‑quality risk reporting. You will work closely with teams across the business to embed strong risk culture, provide expert guidance, and help ensure effective risk management across all functions.

What you’ll do:

  • Support the implementation, embedding and maintenance of the Enterprise Risk Management Framework, including risk identification, measurement, monitoring and reporting.
  • Work with the business to develop and embed risk appetites and tolerances.
  • Provide guidance and support on first‑line RCSAs.
  • Review and update operational risk policies and procedures.
  • Produce clear, concise and accurate risk reporting within required timeframes.
  • Monitor the control environment and recommend improvements based on RCSA outputs, risk events and appetite thresholds.
  • Act as a point of reference for operational risk queries and provide expert advice.
  • Provide risk opinion and guidance on projects and business change.
  • Support the development of a proactive and open risk culture across the organisation.
  • Work with the risk software provider to enhance system functionality and provide training to the business.
  • Maintain and develop the risk incident process, including reviewing incidents, monitoring action plans and producing trend analysis.
  • Support the implementation and embedding of the Supplier Management Framework, including oversight of due diligence requirements.

This role would suit someone who:

  • Demonstrable experience working in a second‑line operational risk function.
  • Ability to interpret regulations, policies and procedures and apply them to business activity.
  • Experience working with risk management software.
  • Experience working in a regulated environment such as the FCA.
  • Strong interpersonal and collaboration skills.
  • Excellent written and verbal communication skills.
  • Proactive, inquisitive and able to challenge constructively.
  • Good understanding of Microsoft Excel and PowerPoint.
  • Understanding of UK defined benefit pension scheme risk management (advantageous but not essential).

Why Brightwell? As a Brightwell colleague, you will enjoy a competitive salary, a great benefits package including:

  • A pension with up to 15-17% employer contributions (depending on age).

Building an inclusive work environment: Brightwell is committed to developing and maintaining an inclusive culture, ensuring that behaviours, working practices, and policies promote fair treatment and access to development opportunities for every colleague. We value the benefits a diverse workforce can bring and want Brightwell to be a place where all colleagues can thrive, feel that they belong, are valued, and contribute to our success. This is underpinned by Brightwell’s RISE corporate values: Responsible, Impactful, Supportive & Expert.

Operational Risk Lead (12-Month Contract) – London employer: Brightwell

Brightwell is an exceptional employer that prioritises a supportive and inclusive work culture, fostering an environment where every colleague can thrive. With a competitive salary and a generous benefits package, including substantial pension contributions, employees are encouraged to grow and develop their skills in operational risk management. Located in London, Brightwell offers unique opportunities to engage with diverse teams and contribute to a proactive risk culture, making it a rewarding place for professionals seeking meaningful employment.

Brightwell

Contact Details:

Brightwell Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Operational Risk Lead (12-Month Contract) – London

Tip Number 1

Network like a pro! Reach out to your connections in the operational risk field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of risk management frameworks and regulations. Be ready to discuss how you've applied these in past roles, as this will show you're not just book-smart but also practical.

Tip Number 3

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

Tip Number 4

Apply through our website! We’ve got a streamlined process that makes it easy for you to showcase your skills and experience. Plus, it helps us keep track of your application better, so don’t miss out!

We think you need these skills to ace Operational Risk Lead (12-Month Contract) – London

Operational Risk Management
Enterprise Risk Management Framework
Risk Identification
Risk Measurement
Risk Monitoring
Risk Reporting
RCSAs (Risk and Control Self-Assessments)

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in operational risk management. We want to see how your skills align with the specific requirements of the role, so don’t hold back on showcasing your relevant achievements!

Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate well-structured applications that make it easy for us to see your qualifications and fit for the role.

Show Your Passion:Let your enthusiasm for operational risk management shine through! We love candidates who are genuinely excited about the field and can demonstrate a proactive approach to risk culture. Share examples of how you've contributed to fostering a positive risk environment in previous roles.

Apply Through Our Website:We encourage you to submit your application directly through our website. This helps us streamline the process and ensures your application gets the attention it deserves. Plus, it’s super easy to do!

How to prepare for a job interview at Brightwell

Know Your Risk Frameworks

Make sure you’re well-versed in operational risk management frameworks, especially the Enterprise Risk Management Framework. Brush up on how to identify, measure, and report risks, as this will likely come up during your interview.

Showcase Your Collaboration Skills

Since this role involves working closely with various teams, be prepared to discuss examples of how you've successfully collaborated in the past. Highlight your interpersonal skills and how you’ve contributed to a strong risk culture in previous roles.

Be Ready for Technical Questions

Expect questions about risk management software and your experience with it. Familiarise yourself with common tools and be ready to explain how you’ve used them to enhance risk reporting or monitoring in your previous positions.

Prepare for Scenario-Based Questions

Think of potential risk scenarios that could arise in a regulated environment like the FCA. Be ready to discuss how you would handle these situations, demonstrating your proactive and inquisitive nature while providing expert guidance.