At a Glance
- Tasks: Lead the Operational Risk Framework and ensure effective risk management across the Bank.
- Company: Join a leading financial institution focused on innovation and risk management.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on collaboration and continuous improvement.
- Why this job: Make a significant impact on the Bank's risk culture and operational effectiveness.
- Qualifications: Proven experience in operational risk management and strong leadership skills.
The predicted salary is between 70000 - 90000 £ per year.
The Senior Operational Risk Manager is responsible for the Operational Risk (OR) Framework, Line 2 oversight of Operational Risk, and is responsible for ensuring that OR is effectively managed and controlled across the Bank and supporting an effectively functioning Enterprise Risk Management Framework (ERMF).
SMF4 CRO prescribed responsibilities for Fighting Financial Crime (fraud aspects only), Business Continuity Planning and Resolution Planning are delegated to the Senior Operational Risk Manager.
Provides leadership, knowledge and experience to the Bank to enable effective management and control of OR within the ERMF. Supports the CRO and the Risk function in ensuring that an effective OR function is in place, supporting 1st Line teams with appropriate coaching, monitoring and aggregating information objectively for the executive and board.
Ensuring all Operational Risks are managed and controlled across the Bank within a clear taxonomy that informs and protects EAB through effective lessons learned and other feedback loops that build and maintain an effective risk culture across EAB, complementing the wider ERMF.
Principal Accountabilities
Operational Risk Senior Manager employer: Europe Arab Bank
As an Operational Risk Senior Manager at our esteemed bank, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer competitive benefits, including professional development opportunities and a commitment to employee well-being, ensuring you can grow your career while making a meaningful impact on our risk management framework. Join us in a location that fosters both personal and professional growth, where your expertise will be valued and your contributions recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Senior Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for an Operational Risk Senior Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of Operational Risk frameworks and the Enterprise Risk Management Framework. We want you to be able to speak confidently about how you can contribute to managing and controlling risks effectively.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for opportunities that match your skills and aspirations, and make sure to tailor your approach to each company’s culture.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in showing your enthusiasm for the role. It’s also a great chance to reiterate how your experience aligns with their needs in managing operational risks.
We think you need these skills to ace Operational Risk Senior Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operational Risk Senior Manager role. Highlight your relevant experience and skills that align with the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your leadership and risk management experience that relate to the responsibilities outlined in the job description.
Showcase Your Knowledge:Demonstrate your understanding of the Operational Risk Framework and Enterprise Risk Management Framework. We love candidates who can speak our language and show they’re up to date with industry standards and practices.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Europe Arab Bank
✨Know Your Operational Risk Framework
Make sure you have a solid understanding of the Operational Risk Framework and how it integrates with the Enterprise Risk Management Framework. Be prepared to discuss specific examples of how you've managed operational risks in the past and how you would apply that knowledge in this role.
✨Demonstrate Leadership Skills
As a Senior Operational Risk Manager, you'll need to show your leadership capabilities. Think of instances where you've led teams or projects, especially in risk management contexts. Highlight your ability to coach and support first-line teams effectively.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in managing operational risks. Practice articulating your thought process and decision-making strategies when faced with potential risks or crises.
✨Showcase Your Communication Skills
Effective communication is key in this role. Be ready to explain complex risk concepts in simple terms. Prepare to discuss how you've communicated risk findings to executives and boards in the past, ensuring clarity and understanding.
