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, hybrid working, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to work on diverse projects.
- Why this job: Join a team that shapes risk management and makes a real impact in financial services.
- Qualifications: Strong communication skills and ability to analyse complex issues; experience in financial services preferred.
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 & Control Self-assessment (RCSA), Emerging Risk and Accepted Risk Processes, offering challenge where appropriate.
- Administer the Company's Operational Incident Management Process, maintaining Incident Logs and taking ownership of assigned Incidents and managing actions to completion, including delivery of relevant control enhancements.
- Data Protection responsibilities, including administering and managing the Company's Personal Data Breach Incident Log, Record of Processing Activities (ROPA), and Data Protection Impact Assessment (DPIA) Assessment Process.
- Support with the delivery of the Company's Operational Resilience Programme, including Process Mapping, Scenario and Business Continuity/Disaster Recovery Testing and producing written reports of testing outputs and the overall resilience of the Company.
- Provide support on relevant ad-hoc projects to implement change and/or respond to new risk based legal and regulatory requirements or best practice.
- Any other risk-based task as required, in order to support Company objectives and/or those of the wider Legal, Risk & Compliance Department.
What you will Bring:
- Able to analyse and interpret complex issues and provide advice and constructive challenge.
- Able to understand and convey information clearly and help others understand risk issues in a logical and pragmatic way.
- Able to manage multiple tasks concurrently, prioritise appropriately and manage a variety of stakeholders across the Company.
- A strong communicator, possessing an ability to build networks of contacts across the Company.
- Able to work well as part of a team.
- Able to make recommendations for more efficient ways of working within the Risk team where appropriate.
- PC literate and able to prepare effective policies, presentations and reports. Strong Microsoft Office (Excel, Word, PowerPoint) skills required.
- Experience of the Financial Services industry and supporting regulations including Consumer Duty (CD), Operational Resilience (OR) and Environmental Social and Governance (ESG) is preferred, however training will be given where required.
Salary: Dependent on experience
Location: Berkshire (hybrid working)
Operational Risk Associate - Financial Services in Reading employer: Buckden Partners
As an Operational Risk Associate in Berkshire, you will join a dynamic team that values collaboration and innovation within the Financial Services sector. The company offers a supportive work culture with hybrid working options, fostering employee growth through continuous training and development opportunities. With a strong focus on operational resilience and data protection, you will play a crucial role in shaping risk management practices while enjoying a rewarding career path in a thriving environment.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Associate - Financial Services in Reading
✨Network Like a Pro
Get out there and connect with people in the financial services sector! Attend industry events, join relevant online forums, and don’t be shy to reach out on LinkedIn. Building relationships can open doors that you didn’t even know existed.
✨Ace the Interview
Prepare for your interviews by researching common questions for Operational Risk roles. Practice your answers, but also be ready to think on your feet. Show them you can analyse complex issues and provide clear, logical solutions – that’s what they’re looking for!
✨Showcase Your Skills
When you get the chance, highlight your experience with risk management frameworks and data protection. Use specific examples from your past work to demonstrate how you’ve successfully managed risks or improved processes. This will make you stand out as a candidate who can hit the ground running.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team and contributing to our goals in operational resilience and risk management.
We think you need these skills to ace Operational Risk Associate - Financial Services in Reading
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 match the job description, especially in risk management and financial services.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Use it to showcase your understanding of operational resilience and data protection, and how you can contribute to our team.
Showcase Your Communication Skills:Since strong communication is key for this role, make sure your application reflects your ability to convey complex information clearly. Use examples from your past experiences to demonstrate this.
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 from us!
How to prepare for a job interview at Buckden Partners
✨Know Your Risk Management Framework
Familiarise yourself with the company's Risk Management Framework and be ready to discuss how you can contribute to its maintenance and execution. Highlight any relevant experience you have in operational risk, incident management, or data protection.
✨Showcase Your Analytical Skills
Prepare examples of how you've analysed complex issues in the past. Be ready to explain your thought process and how you provided constructive challenge in previous roles. This will demonstrate your ability to convey information clearly and logically.
✨Demonstrate Strong Communication
Practice articulating your thoughts on risk issues and how you’ve communicated with various stakeholders. Being a strong communicator is key for this role, so think of specific instances where you built networks or collaborated effectively.
✨Be Ready to Discuss Regulatory Knowledge
Brush up on your knowledge of relevant regulations like Consumer Duty, Operational Resilience, and ESG. Even if you lack direct experience, showing that you understand these concepts and their importance in the financial services industry will impress your interviewers.
