Operational Risk Manager - 1st Line

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.