At a Glance
- Tasks: Analyse risks, support assessments, and manage incident frameworks to enhance risk oversight.
- Company: Dynamic bank in Sheffield with a focus on risk management and collaboration.
- Benefits: 30 days leave, flexible working, generous pension, and lifestyle discounts.
- Why this job: Join a proactive team shaping risk culture and making impactful decisions.
- Qualifications: Experience in risk management and strong analytical skills required.
- Other info: Hybrid working model with excellent career development opportunities.
The predicted salary is between 30000 - 45000 £ per year.
Application Deadline: 5 February 2026
Department: Risk
Employment Type: Permanent
Location: Sheffield
Compensation: £35,000 - £47,500 / year
Operational Risk Manager Location: Sheffield Hybrid Working (Expectation that you will attend an office 2 days per week)
Contract: Permanent
Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)
Salary: £35,000 - £47,500 depending on experience
Key Benefits
- 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
- 15% employer pension contribution
- Flexible working
- Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
- Paid voluntary days, maternity, paternity, adoption, and shared parental leave
- Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more
The Role
In this role you will deliver high quality risk oversight by analysing risk and control performance, supporting the Bank’s Risk and Control Self-Assessment (RCSA) process, and managing the Risk Incident Management framework. You will identify trends and emerging risks through data analysis and assurance activities, maintain the central risk and control library, and prepare clear, insightful reports for senior stakeholders that highlight key risk themes and opportunities for improvement. You will also administer and optimise the Bank’s Governance, Risk and Compliance (GRC) system and provide effective support to users. The role supports the development of an embedded and proactive risk culture by offering pragmatic risk and control advice, providing second line oversight of key change initiatives, and developing guidance and training for colleagues across the Bank. You will work closely with firstline teams, Risk Champions and wider Risk & Compliance colleagues to promote continuous improvement and support delivery of the team’s strategic objectives, fostering effective collaborative relationships across the organisation.
Operational Risk Manager in Sheffield employer: British Business Bank plc
Contact Detail:
British Business Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Manager in Sheffield
✨Tip Number 1
Network like a pro! Reach out to current employees or connections in the industry. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by researching the company’s risk culture and recent initiatives. Show us you’re not just interested in the role, but also in how you can contribute to their goals.
✨Tip Number 3
Practice your responses to common interview questions, especially around risk management scenarios. We want to see how you think on your feet and handle real-world challenges.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can keep you fresh in their minds and shows your enthusiasm for the role. Plus, it’s just good manners!
We think you need these skills to ace Operational Risk Manager in Sheffield
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operational Risk Manager role. Highlight relevant experience and skills that match the job description, especially around risk analysis and control performance.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about operational risk and how your background makes you a perfect fit for our team at StudySmarter.
Showcase Your Analytical Skills: Since this role involves data analysis and identifying trends, be sure to include examples of how you've successfully used analytical skills in past roles. We love seeing real-world applications!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently, plus you’ll find all the details you need there!
How to prepare for a job interview at British Business Bank plc
✨Know Your Risk Frameworks
Make sure you brush up on the key risk frameworks and methodologies relevant to the role. Familiarise yourself with concepts like RCSA and GRC systems, as these will likely come up in conversation. Being able to discuss these confidently will show that you're serious about the position.
✨Prepare Insightful Questions
Think of some thoughtful questions to ask your interviewers about their current risk management practices or challenges they face. This not only demonstrates your interest in the role but also gives you a chance to showcase your analytical skills and understanding of operational risks.
✨Showcase Your Data Analysis Skills
Since the role involves analysing risk and control performance, be ready to discuss your experience with data analysis. Bring examples of how you've used data to identify trends or improve processes in previous roles. This will help illustrate your capability to deliver high-quality risk oversight.
✨Emphasise Collaboration
Highlight your ability to work collaboratively with various teams. Share examples of how you've fostered relationships across departments to promote a proactive risk culture. This is crucial for the role, so showing that you can effectively communicate and work with others will set you apart.