Operational Risk Manager - Asset Management (Greater London)

A great opportunity has come up for an operational risk manager from the buy side who is looking for their next role. Job Title: Risk Manager – salary £80,000-£100,000 Location: London – office based 3 days per week Sector: Asset Management The Opportunity: We are currently assisting our client, a prestigious financial services organisation, in their search for an experienced and highly skilled Risk Manager to join their growing team. This is a key leadership role that will work closely with the Chief Risk Officer (CRO) to support the design, implementation, and ongoing management of the company\’s Risk Management Framework . The successful candidate will provide independent oversight and challenge to the business risk profile for the UK-regulated entity. Key Responsibilities: As Risk Manager , your primary duties will include: Risk Management Framework: Design, implement, and maintain a comprehensive risk management framework that encompasses operational risk, credit risk, liquidity risk, market risk, conduct risk, and reputational risk. Risk Mitigation & Reporting: Assess, mitigate, monitor, and report on the risks impacting the business and ensure that effective risk management practices are demonstrated across the organisation. Subject Matter Expertise: Provide expert reviews of key risk metrics and incidents to ensure accurate reporting and management. Promoting Risk Culture: Lead initiatives to educate and train staff on risk identification and mitigation techniques, promoting a robust risk culture within the firm. Stakeholder Engagement: Assist the CRO in reporting risk-related information to the Board and represent the Risk function in internal and external committees, forums, and working groups. Collaboration with US Team: Work closely with the US-based Group Enterprise Risk team to ensure alignment of risk management practices across both regions. Change Management: Participate in change programmes, ensuring that risks are managed effectively throughout organisational changes. Risk Management Duties: In addition to the above responsibilities, you will also: Maintain a strong understanding of the company’s risk policies, procedures, risk appetites, and tolerances. Ensure that risk considerations are incorporated into business decision-making processes. Accurately escalate and record incidents associated with relevant risks. Regularly assess and challenge the company’s risks and controls to ensure effective risk mitigation. The Ideal Candidate: Our client is looking for candidates with the following qualifications and experience: Extensive Experience in Risk Management: Significant experience in managing risks within a regulated financial services environment, with a focus on liquidity, credit, market, and operational risks. Risk Framework Expertise: Proven experience in designing, implementing, and embedding risk management frameworks. Leadership & Influence: Ability to influence senior management teams and committees, with a proven track record in driving risk culture within the organisation. Regulatory Knowledge: In-depth knowledge of both UK and US regulatory frameworks, with experience collaborating with a US-headquartered group. Stakeholder Management: Strong skills in building and maintaining effective relationships with senior stakeholders. Team Leadership: Experience in leading and developing risk teams, with a focus on talent identification, development, and retention. Academic Background: A Bachelor’s degree (or equivalent) in a related field such as risk, finance, or accounting. A Master’s degree is preferred. Technical Skills: Proficiency in IT tools such as VBA and SQL. Communication: Strong verbal and written communication skills, including report writing and presenting to senior stakeholders. Personal Attributes: The successful candidate will possess a mature, credible approach to corporate environments, demonstrate a high level of integrity, and be able to communicate complex risk information in a clear and accessible manner. A collaborative and proactive attitude, combined with sound business judgement, will be essential for success in this role.