At a Glance
- Tasks: Identify and mitigate operational risks in a fast-paced capital markets environment.
- Company: Join a dynamic team focused on managing risk in trading and settlement processes.
- Benefits: Competitive salary up to £80,000 with opportunities for professional growth.
- Why this job: Be part of a crucial role that impacts financial stability and compliance.
- Qualifications: Experience in operational risk within capital markets and strong communication skills required.
- Other info: Ideal for detail-oriented individuals passionate about finance and risk management.
The predicted salary is between 48000 - 64000 £ per year.
Job Description
Operational Risk Manager
Capital Markets
Up to £80,000 base
Role Overview:
We are seeking a detail-oriented and proactive Operational Risk Analyst to join a dynamic first-line risk team within a capital markets environment. The ideal candidate will have hands-on experience managing operational risk, a strong understanding of capital markets products, and in-depth knowledge of the trade life cycle.
Key Responsibilities:
- Act as a first-line risk professional, identifying, assessing, and mitigating operational risks across trading, settlement, and related processes.
- Monitor and report on operational risk events, losses, and near-misses, ensuring timely escalation and follow-up.
- Support risk assessments for new products, services, or processes, highlighting potential operational vulnerabilities.
- Maintain a strong understanding of trade life cycles across various asset classes and ensure accurate risk monitoring at each stage.
- Collaborate closely with front-office, middle-office, and control functions to implement robust operational risk controls.
- Assist in developing, reviewing, and improving policies, procedures, and risk frameworks.
- Contribute to risk reporting and regulatory submissions, ensuring compliance with internal and external standards.
Requirements:
- Proven experience in first-line operational risk within a capital markets environment.
- Strong knowledge of trading products (equities, derivatives, FX, fixed income) and their trade life cycles.
- Experience in risk identification, assessment, and control implementation.
- Ability to analyze complex processes and identify potential operational vulnerabilities.
- Excellent communication and stakeholder management skills.
- Strong attention to detail and a proactive approach to risk mitigation.
Desirable:
- Previous experience within a trading, brokerage, or financial services firm.
- Understanding of regulatory requirements and industry best practices related to operational risk.
Operational Risk Manager - 1st Line employer: ETRA Talent
Contact Detail:
ETRA Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Manager - 1st Line
✨Tip Number 1
Network with professionals in the capital markets sector. Attend industry events, webinars, or local meetups to connect with people who work in operational risk management. This can help you gain insights into the role and potentially get referrals.
✨Tip Number 2
Familiarise yourself with the latest trends and regulations in operational risk within capital markets. Keeping up-to-date with industry news will not only enhance your knowledge but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've identified and mitigated operational risks in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your hands-on experience effectively.
✨Tip Number 4
Research StudySmarter's values and culture. Understanding our mission and how we operate will allow you to tailor your conversations and show how you align with our goals, making you a more attractive candidate for the Operational Risk Manager position.
We think you need these skills to ace Operational Risk Manager - 1st Line
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in operational risk management, particularly within capital markets. Use specific examples that demonstrate your understanding of trading products and the trade life cycle.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with the key responsibilities outlined in the job description, particularly your experience in identifying and mitigating operational risks.
Highlight Relevant Experience: When detailing your work history, focus on roles where you managed operational risk or worked closely with trading, settlement, and related processes. Use metrics to quantify your achievements where possible.
Showcase Communication Skills: Since excellent communication is crucial for this role, consider including examples of how you've effectively collaborated with stakeholders or contributed to risk reporting in previous positions.
How to prepare for a job interview at ETRA Talent
✨Know Your Capital Markets
Make sure you have a solid understanding of capital markets products, including equities, derivatives, FX, and fixed income. Be prepared to discuss how these products fit into the trade life cycle and any operational risks associated with them.
✨Demonstrate Risk Management Experience
Highlight your hands-on experience in managing operational risk. Be ready to share specific examples of how you've identified, assessed, and mitigated risks in previous roles, particularly within a first-line risk environment.
✨Showcase Your Analytical Skills
Prepare to discuss how you analyse complex processes to identify potential vulnerabilities. You might be asked to walk through a scenario where you had to assess operational risks, so think of a relevant example to illustrate your thought process.
✨Communicate Effectively
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, especially when discussing technical concepts. Be ready to explain how you would collaborate with various teams to implement risk controls.