At a Glance
- Tasks: Join our team to identify and mitigate operational risks in capital markets.
- Company: Be part of a dynamic firm at the forefront of capital markets innovation.
- Benefits: Enjoy a competitive salary, flexible working options, and professional development opportunities.
- Why this job: Make an impact in a fast-paced environment while collaborating with industry experts.
- Qualifications: Experience in operational risk and knowledge of trading products is essential.
- Other info: Ideal for detail-oriented individuals looking to grow in the financial sector.
The predicted salary is between 48000 - 64000 £ per year.
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
Stay updated on the latest trends and regulations in operational risk and capital markets. Follow relevant news sources, subscribe to industry publications, and join online forums to demonstrate your knowledge during interviews.
✨Tip Number 3
Prepare for potential interview questions by practising your responses to common scenarios in operational risk management. Think about specific examples from your past experience that showcase your skills in risk identification and mitigation.
✨Tip Number 4
Research StudySmarter's values and culture to align your approach during interviews. Understanding our mission and how we operate will help you articulate why you're a great fit for the team and the role.
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 relevant experience in operational risk management, particularly within capital markets. Emphasise your knowledge of trading products and the trade life cycle to align with the job requirements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your proactive approach to risk mitigation and your ability to identify and assess operational vulnerabilities. Use specific examples from your past experience to demonstrate your skills and fit for the role.
Highlight Relevant Skills: In your application, clearly outline your communication and stakeholder management skills. These are crucial for collaborating with various teams and implementing robust operational risk controls.
Showcase Regulatory Knowledge: Mention any experience you have with regulatory requirements and industry best practices related to operational risk. This will show that you understand the compliance aspect of the role and can contribute to risk reporting and submissions.
How to prepare for a job interview at ETRA Talent
✨Showcase Your Knowledge of Capital Markets
Make sure to demonstrate your understanding of capital markets products and the trade life cycle during the interview. Be prepared to discuss specific examples from your experience that highlight your expertise in managing operational risk within this environment.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to identify and mitigate operational risks. Prepare by thinking through potential scenarios you might face in the role, and how you would approach risk assessment and control implementation in those situations.
✨Highlight Your Communication Skills
As an Operational Risk Manager, you'll need to collaborate with various teams. Be ready to provide examples of how you've effectively communicated with stakeholders in the past, especially when it comes to reporting on operational risk events or implementing controls.
✨Demonstrate Attention to Detail
Given the nature of the role, attention to detail is crucial. During the interview, share instances where your meticulous approach has led to successful risk mitigation or improved processes. This will show that you take operational risk seriously and can manage it effectively.