At a Glance
- Tasks: Support the Operational Risk team in managing risk frameworks and incident management.
- Company: Dynamic financial services firm focused on operational resilience and data protection.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on continuous improvement and career advancement.
- Why this job: Join a vital team ensuring business safety and resilience in a fast-paced environment.
- Qualifications: Strong analytical skills and a keen interest in risk management.
The predicted salary is between 40000 - 50000 £ per year.
Overview
The purpose of this role is to provide support to the Operational Risk team in the maintenance, execution and ongoing development of the Risk Management Framework, as well supporting the delivery of Incident Management, Operational Resilience and Data Protection activities. The role holder will be a part of the second line Risk team, ensuring appropriate support, challenge and guidance is provided to the business in a timely and pragmatic manner, whilst also ensuring risk processes are embedded within the Company and delivered as expected.
Responsibilities
- Produce timely and accurate Risk MI for inclusion in relevant Board and Committee reporting, in line with the Terms of Reference, whilst ensuring appropriateness of risk reporting content.
- Assist with the regular review and refresh of the Company's key risk Policies and Processes, including the Company’s overarching Risk Management Framework, Operational Resilience Framework, Business Continuity Plan and Risk owned Process documents.
- Support the administration of the Company’s Risk Appetite Statements and monitoring, reporting and maintaining the Company's suite of Risk Metrics/KRIs, ensuring these are periodically reviewed and challenged with Business Owners as required.
- Support the maintenance and review of the Company’s Risk Registers by way of delivering comprehensive Risk.
Operational Risk Associate - Financial Services employer: Buckden Partners
As an Operational Risk Associate at our esteemed financial services firm, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer comprehensive employee growth opportunities, including professional development programmes and mentorship, all within a supportive environment that values your contributions. Located in a vibrant city, our company provides unique advantages such as flexible working arrangements and a commitment to work-life balance, making it an excellent employer for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Associate - Financial Services
✨Tip Number 1
Network like a pro! Reach out to people in the financial services sector, especially those working in operational risk. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk management frameworks. We recommend practising common interview questions related to operational resilience and data protection to show you’re ready to hit the ground running.
✨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!
✨Tip Number 4
Apply through our website for the best chance at landing that Operational Risk Associate role. We make it easy for you to showcase your skills and experience directly to the hiring team!
We think you need these skills to ace Operational Risk Associate - Financial Services
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operational Risk Associate role. Highlight relevant experience and skills that align with the responsibilities mentioned in the job description. We want to see how you can contribute to our Risk Management Framework!
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 great fit for our team. We love seeing genuine enthusiasm and a clear understanding of the role.
Showcase Your Analytical Skills:Since this role involves producing Risk MI and reviewing key risk policies, make sure to highlight any analytical skills or experiences you've had. We’re looking for someone who can provide timely and accurate insights, so don’t hold back!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it shows you’re keen on joining StudySmarter!
How to prepare for a job interview at Buckden Partners
✨Know Your Risk Management Framework
Make sure you understand the basics of a Risk Management Framework and how it applies to operational risk. Brush up on key concepts like risk appetite, key risk indicators (KRIs), and incident management. This will show that you're not just familiar with the terminology but can also apply it in real-world scenarios.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to describe how you would handle specific risk-related situations. Think of examples from your past experience where you successfully identified and mitigated risks. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Familiarise Yourself with Relevant Policies
Before the interview, take some time to review the company's key risk policies and processes. Being able to discuss these documents and their importance during your interview will demonstrate your proactive approach and genuine interest in the role.
✨Show Your Analytical Skills
Operational risk roles require strong analytical skills. Be prepared to discuss how you analyse data and produce risk metrics. You might even be asked to interpret some sample data during the interview, so practice explaining your thought process clearly and confidently.
