At a Glance
- Tasks: Lead operational risk oversight and manage third-party risks in a dynamic financial environment.
- Company: International financial services provider with a focus on innovation and compliance.
- Benefits: Competitive salary, professional development, and opportunities for mentorship.
- Why this job: Make a real impact by enhancing risk management and fostering a strong risk culture.
- Qualifications: Senior experience in operational risk management and expertise in third-party risk.
- Other info: Join a collaborative team and grow your career in a supportive environment.
The predicted salary is between 48000 - 72000 £ per year.
Operational Risk Manager – 2nd Line of Defence
An international financial services provider is seeking an Operational Risk Manager to provide independent 2nd Line of Defence oversight across the group. This role focuses on managing operational risks, with a strong emphasis on Third Party Risk and Intergroup Outsourcing.
Key Responsibilities:
- Lead operational risk oversight for COO, focusing on third-party risk management, inter-group outsourcing, data protection, and new product/change assessments.
- Challenge and review risk assessments, data protection impact assessments, and incident reports.
- Support compliance with FCA, PRA, and ICO regulations through policy development and horizon scanning.
- Collaborate with GRC teams to enhance risk tools and prepare risk committee papers.
- Foster a strong risk culture and mentor junior risk professionals.
What We’re Looking For:
- Proven senior experience in operational risk management within UK financial services.
- Strong expertise in Third Party Risk and Intergroup Outsourcing, including cloud outsourcing.
- Experience with group structures, including subsidiaries and branches.
- Excellent communication and influencing skills with a solutions-driven approach.
If you have the required skills and you’re seeking a fresh challenge, please get in touch.
Operational Risk Manager – 2nd Line of Defence employer: Bruin
Contact Detail:
Bruin Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Manager – 2nd Line of Defence
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who work in operational risk. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA, PRA, and ICO regulations. We want you to be able to discuss how you can support compliance and enhance risk management strategies confidently.
✨Tip Number 3
Showcase your expertise in Third Party Risk and Intergroup Outsourcing during interviews. Bring examples of how you've successfully managed these risks in the past, as this will set you apart from other candidates.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Operational Risk Manager – 2nd Line of Defence
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Operational Risk Manager. Highlight your experience in operational risk management, especially with Third Party Risk and Intergroup Outsourcing. 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 the perfect fit for this role. Mention specific experiences that demonstrate your expertise in managing operational risks and compliance with regulations like FCA and PRA.
Showcase Your Communication Skills: Since excellent communication is key for this role, make sure your application reflects that. Use clear, concise language and structure your documents well. We want to see how you can influence and collaborate effectively!
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 any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Bruin
✨Know Your Operational Risk Inside Out
Make sure you brush up on your knowledge of operational risk management, especially in the context of UK financial services. Be ready to discuss specific examples from your past experience that highlight your expertise in Third Party Risk and Intergroup Outsourcing.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills. Think about how you would handle various operational risk situations, particularly those involving data protection and compliance with FCA, PRA, and ICO regulations.
✨Showcase Your Communication Skills
Since excellent communication is key for this role, practice articulating your thoughts clearly and confidently. Prepare to explain complex risk concepts in a way that’s easy to understand, as you’ll need to influence stakeholders and mentor junior professionals.
✨Demonstrate a Solutions-Driven Mindset
Be ready to discuss how you've approached challenges in the past with a solutions-driven attitude. Highlight instances where you’ve successfully collaborated with teams to enhance risk tools or develop policies that foster a strong risk culture.