At a Glance
- Tasks: Lead and enhance the operational risk framework across global activities.
- Company: Dynamic firm in London focused on risk management.
- Benefits: Competitive salary, career development, and a chance to lead an international team.
- Other info: Opportunity to influence change and drive cultural transformation.
- Why this job: Make a real impact by shaping risk strategies in a fast-paced environment.
- Qualifications: Experience in operational risk and strong leadership skills required.
The predicted salary is between 61408 - 80000 £ per year.
The Head of Operational Risk will lead the development, implementation, and continuous improvement of the firm's operational risk framework across global commercial and operational activities. This role requires a strategic thinker with strong stakeholder influence, deep industry knowledge, and the ability to drive cultural change while managing an international team. The successful candidate will act as the primary point of contact for operational risk across the business, ensuring robust controls, effective incident management, and clear risk insight for senior leadership.
Main Responsibilities
- Leadership & Strategy
- Set the strategic direction for the Operational Risk function in alignment with wider business objectives.
- Lead, mentor, and develop an international team with varying levels of experience and seniority.
- Raise the profile of the Operational Risk function across the organization, ensuring clarity of purpose and value.
- Risk Frameworks & Governance
- Establish, implement, and oversee the monthly KRI Framework, ensuring high quality reporting and insight for senior management forums.
- Lead the Incident Management Process, including investigation, analysis, lessons learned documentation, and presentation of findings.
- Support the ongoing enhancement of the Operational Risk Framework across core and emerging business areas.
- Review and improve policies, guidelines, and processes to strengthen risk culture and behaviours.
- Stakeholder Engagement
- Act as the go-to operational risk partner for the business, providing subject matter expertise and practical guidance.
- Build strong relationships with internal stakeholders, mediating between differing viewpoints to drive positive change in the risk and control environment.
- Represent the function in key internal meetings, committees, and cross-functional initiatives.
- Operational Delivery
- Oversee the day-to-day running of the Operational Risk and Enterprise Architecture teams.
- Prepare and present operational risk metrics, insights, and trend analysis for monthly and quarterly governance meetings.
- Ensure timely escalation and resolution of risk issues, control gaps, and incidents.
- Deputise for senior leadership where required, providing continuity and authoritative input.
Knowledge, Skills and Experience
- Experience in operational risk within a commodity trading, bunkering, or related trading environment.
- Awareness of key regulatory and compliance matters influencing the industry.
- Experience in risk, audit, assurance, compliance, or internal control.
- High IT aptitude: experience with ETRM systems preferred.
- BPMN process mapping experience beneficial.
- Professional qualifications desirable (e.g., ACA, ACCA, CIMA, FRM, ERP, CFA).
- Strong understanding of operational risk and control processes, ideally within fast-paced commercial settings.
- Ability to manage ambiguity and work effectively with complex, evolving, or ill-defined processes.
- Excellent written and verbal communication skills, with the ability to present information clearly and logically.
- Strong interpersonal and stakeholder management skills, capable of influencing at all levels.
- Proven ability to mediate between differing viewpoints and drive consensus.
- Demonstrated leadership experience, including developing and managing teams.
Head of Operational Risk in London employer: Job Search Place Limited
As a leading firm in the heart of London, we pride ourselves on fostering a dynamic work culture that champions innovation and collaboration. Our commitment to employee growth is evident through tailored development programmes and mentorship opportunities, ensuring that our team members thrive both personally and professionally. With a focus on operational excellence and a supportive environment, we empower our employees to make meaningful contributions while enjoying the unique advantages of working in one of the world's most vibrant cities.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Operational Risk in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Job Search Place Limited looking for candidates who are engaged and informed.
We think you need these skills to ace Head of Operational Risk in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Job Search Place Limited. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Job Search Place Limited
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Job Search Place Limited’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
