At a Glance
- Tasks: Oversee operational risk and enhance frameworks in a dynamic financial services environment.
- Company: Established financial services organisation with a focus on risk governance.
- Benefits: Competitive salary, bonus scheme, hybrid working, and private health cover.
- Other info: Opportunity to engage with senior stakeholders and grow your career in risk oversight.
- Why this job: Make a real impact on risk management while developing your expertise in financial crime.
- Qualifications: 3-5 years in Operational Risk or Governance, strong analytical and communication skills.
We’re working with a well-established financial services organisation looking to hire an Operational Risk Officer (Senior Specialist) to join their Risk Oversight function. This is a second line of defence role focused on strengthening operational risk frameworks, providing independent challenge to the business, and ensuring robust oversight of AML and Fraud risks. You’ll play a key role in driving risk governance, improving control environments, and supporting senior stakeholders across the organisation.
Your new role
- Provide independent oversight and challenge of operational risk across the business (2LoD)
- Participate in and review Risk & Control Self-Assessments (RCSAs)
- Deliver independent control testing in line with the annual testing plan
- Produce and present risk reports and insights to senior management and governance forums
- Track and challenge risk incidents, root cause analysis, and remediation actions
- Review and improve policies, procedures, and control frameworks
- Build strong relationships with key stakeholders across multiple business units
- Financial Crime Oversight (AML & Fraud)
- Provide second line oversight of AML and Fraud risk frameworks
- Challenge risk assessments, controls, and governance structures
- Review management information (MI) and key risk indicators (KRIs) to identify trends and emerging risks
- Support effective incident management and ensure timely action and resolution
What you'll need to succeed
- 3-5 years’ experience in Operational Risk, Risk & Controls, or Governance within financial services
- Strong understanding of risk frameworks (RCSA, control testing, incident management)
- Exposure to AML and/or Fraud risk oversight is highly desirable
- Proven ability to challenge, influence, and engage stakeholders at all levels
- Excellent analytical, reporting, and communication skills
- Proactive, self-motivated, and comfortable working autonomously
What you'll get in return
- Competitive salary of £45,000 - £50,000
- Bonus scheme
- Hybrid working (2 days per week in the Coventry office)
- Pension scheme
- Company car scheme
- Private health cover
- Strong exposure to senior stakeholders and risk governance forums
- Opportunity to develop expertise across Operational Risk and Financial Crime
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Operational Risk Officer in Coventry employer: Hays
Join a well-established financial services organisation in Coventry, where you will thrive in a hybrid working environment that promotes work-life balance and professional growth. With competitive salaries, a bonus scheme, and comprehensive benefits including private health cover and a pension scheme, this company fosters a culture of collaboration and innovation, empowering you to develop your expertise in Operational Risk and Financial Crime while engaging with senior stakeholders.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Officer in Coventry
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. 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 interviews by researching the company and its risk frameworks. Be ready to discuss how your experience aligns with their needs, especially around AML and Fraud risk oversight. Show them you mean business!
✨Tip Number 3
Practice your responses to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements in operational risk.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Operational Risk Officer in Coventry
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operational Risk Officer role. Highlight your experience in risk frameworks and any exposure to AML or Fraud risk oversight. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about operational risk and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to showcase your analytical skills in your application. Mention specific examples where you've successfully identified trends or improved control environments. We’re all about those insights!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just a few clicks and you’re done!
How to prepare for a job interview at Hays
✨Know Your Risk Frameworks
Make sure you brush up on your understanding of risk frameworks like RCSA and control testing. Being able to discuss these in detail will show that you’re not just familiar with the concepts, but that you can apply them effectively in a real-world context.
✨Prepare for Scenario Questions
Expect to be asked about specific situations where you've had to challenge or influence stakeholders. Think of examples from your past experience where you successfully navigated complex risk issues, especially related to AML and Fraud.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical prowess. Bring along examples of reports or insights you've produced in previous roles, and be prepared to discuss how you identified trends and emerging risks through data analysis.
✨Build Rapport with Interviewers
Since this role involves engaging with senior stakeholders, practice building rapport during your interview. Show your communication skills by asking insightful questions about their risk governance processes and expressing genuine interest in their challenges.
