At a Glance
- Tasks: Support the Operational Risk team in managing risk frameworks and incident management.
- Company: Join a leading financial services firm with a focus on innovation and resilience.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Dynamic team environment with opportunities to work on diverse projects.
- Why this job: Make a real impact by enhancing operational resilience and data protection.
- Qualifications: Strong analytical skills and ability to communicate complex issues clearly.
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 Slough employer: Buckden Partners
As an Operational Risk Associate in our Berkshire office, you will join a dynamic team that values collaboration and innovation, fostering a culture where your contributions are recognised and rewarded. We offer competitive salaries, hybrid working options, and robust professional development opportunities to help you grow your career in the financial services sector. Our commitment to employee well-being and a supportive work environment makes us an excellent employer for those seeking meaningful and impactful roles.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Associate - Financial Services in Slough
✨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 and incident management processes. We recommend practising common interview questions and scenarios related to operational resilience.
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've tackled complex issues in the past. Use examples that highlight your ability to provide constructive challenge and support to teams.
✨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 Associate - Financial Services in Slough
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
Make sure you understand the basics of a Risk Management Framework and how it applies to the financial services sector. Brush up on key concepts like Operational Resilience and Data Protection, as these will likely come up during your interview.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to analyse complex issues or provide solutions to hypothetical risk scenarios. Practise articulating your thought process clearly and logically, as this will demonstrate your ability to convey information effectively.
✨Showcase Your Communication Skills
Since the role requires strong communication and stakeholder management, be ready to discuss examples where you've successfully built networks or communicated complex information. Highlighting your teamwork experience can also set you apart.
✨Familiarise Yourself with Relevant Regulations
Even if you don't have extensive experience in Consumer Duty, Operational Resilience, or ESG, showing that you’ve done your homework on these topics will impress the interviewers. Mention any relevant training or courses you've taken to demonstrate your commitment to learning.
