At a Glance
- Tasks: Lead operational risk assurance and assess technology controls in a dynamic banking environment.
- Company: LHV Bank, a forward-thinking UK bank with a focus on fintech solutions.
- Benefits: Competitive salary, hybrid working, health plans, and generous holiday allowance.
- Other info: Inclusive culture with opportunities for professional growth and team socials.
- Why this job: Join a growing bank and make a real impact on financial security and innovation.
- Qualifications: Experience in operational risk, ICT, and strong analytical skills required.
Technology Assurance & Operational Risk Specialist
London
LHV Bank Limited is a UK-licensed bank operating across three core business segments: Retail Banking, SME Lending, and Banking Services (BaaS). The bank is a wholly owned subsidiary of LHV Group, a listed financial services provider headquartered in Estonia. LHV Bank operates under a full UK banking licence granted in May 2023.
The Bank supports over 200 fintech clients with embedded financial infrastructure, provides retail savings products via digital channels, and offers SME credit solutions across the UK. In line with its regulatory responsibilities and growth ambitions, LHV Bank is committed to maintaining a robust and proportionate financial crime control environment.
Expanding our services, LHV Bank now provides personal banking solutions. Our offerings include current accounts with competitive interest rates, fixed-rate bonds for long-term savings, and debit cards. Customers can conveniently access these services through the LHV App, enabling secure account opening and management.
The Technology Assurance & Operational Risk Specialist is responsible for delivering independent second-line operational risk assurance, with a particular focus on ICT, information security, cyber, AI and operational resilience.
The role is highly hands-on and combines independent control assurance with the ability to translate operational risk information into meaningful risk insight that supports Executive and Board decision-making and contributes to the development of a strong risk culture across LHV. The role requires a strong understanding of technology and operational risk together with the ability to independently assess control effectiveness, identify emerging risks and provide credible challenge across the Bank.
Key Responsibilities
- Independently lead and perform second-line control assurance reviews, with particular focus on ICT, information security, cyber resilience, operational resilience, technology change and AI governance, assessing both control design and operating effectiveness.
- Provide independent and credible challenge over risk assessments, control environments, remediation plans and technology initiatives, working closely with Technology, Information Security, Data and Change teams to ensure risks remain within appetite.
- Own the second-line incident management process, ensuring incidents are appropriately challenged, root causes are robustly identified, lessons learned are embedded and systemic issues are escalated.
- Lead the RCSA process for designated business areas and provide independent challenge, ensuring key operational risks, controls and treatment plans accurately reflect the Bank’s risk profile.
- Critically analyse information from incidents, complaints, RCSAs, control assurance, third-party risk, change risk and other operational risk activities to identify and clearly articulate emerging risks, systemic control weaknesses and cross-cutting themes.
- Produce high-quality operational risk management information that translates risk information into meaningful insight, clear recommendations and practical actions for Executive Management and Board Committees.
- Work closely with the Head of Financial Risk to develop an integrated view of the Bank's overall risk profile, recognising the interaction between financial and non-financial risks.
- Contribute to the continued enhancement of the Operational Risk Framework by identifying opportunities to strengthen assurance activities, risk insight and regulatory compliance.
Key Capabilities
- Strong second-line assurance capability, with the ability to independently design, execute and document risk-based control assurance reviews particularly across ICT, Information security, cyber, operational resilience and AI risk.
- Demonstrable expertise across ICT, information security, cyber, operational resilience and AI risk, with the ability to provide credible technical challenge to both business and technology stakeholders.
- Strong analytical capability, with the ability to translate complex operational risk information into meaningful management insight and Board-level reporting.
- Proven ability to identify systemic risks and control weaknesses by connecting information across multiple operational risk sources.
- Strong judgement, influencing and stakeholder management skills, with confidence engaging senior management and Board Committees.
- Sound understanding of regulatory expectations relating to operational risk, ICT risk, operational resilience and technology governance within a regulated environment.
Some of our benefits (only applicable to UK based roles not Internship programmes)
- Competitive salary &lots of opportunities to learn, grow and progress professionally.
- Open and inclusive culture.
- Fantastic offices and great working environment.
- Vitality Health Plan (includes private health insurance, travel insurance, gym discounts)
- Life assurance – 4 x salary.
- Income protection insurance – 75%
- 28 days holiday plus 3 additional days, & further days for various key life events as well as the opportunity to sell up to 5 days per calendar year.
- Swappublic/bank holidays each year for alternative days that align with your personal, cultural, or religious observances.
- Enhanced family friendly and family forming policies.
- Access to a wide range of retail discounts .
- Team Socials.
#J-18808-Ljbffr
Technology Assurance & Operational Risk Specialist in London employer: LHV Bank
LHV Bank Limited is an excellent employer, offering a dynamic work culture that prioritises collaboration and innovation within the UK Finance team. Employees benefit from comprehensive professional development opportunities, a commitment to data-driven decision-making, and the chance to work in a highly regulated environment that fosters growth and stability. With a focus on modern tools and strong IFRS knowledge, LHV Bank empowers its staff to enhance their skills while contributing to meaningful financial operations.
StudySmarter Expert Advice🤫
We think this is how you could land Technology Assurance & Operational Risk Specialist in London
✨Tap into Campus Resources
Universities often have strong ties with banks and financial institutions. Make sure to check in with your career services for any internship fairs or networking events. These can be golden opportunities to meet representatives from firms like LHV Bank and make a lasting impression.
✨Join Finance Societies and Clubs
Get involved with finance or investment clubs at your university. These not only offer great networking potential but often host guest speakers from the industry. Show your enthusiasm and engage with these professionals—who knows, they might tip you off about internship openings at LHV Bank!
✨Have Your Application Ready to Go
Internship applications can be competitive and come with tight deadlines. Be proactive! Have your CV and cover letter prepared and tailored for roles at LHV Bank. When the openings go live, you’ll want to be one of the first to apply.
✨Leverage LinkedIn for Connections
LinkedIn is a powerful tool, especially in the banking sector. Follow recruiters from LHV Bank and connect with alumni who are working in similar roles. Don’t hesitate to drop them a message to introduce yourself and express your interest in internships—they might have insider info or even refer you!
We think you need these skills to ace Technology Assurance & Operational Risk Specialist in London
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
Craft Your Cover Letter with Care:For an internship, we want to see your enthusiasm and motivation. Use your cover letter to explain why you’re excited about this opportunity at LHV Bank and what you hope to learn. Be personal and connect the dots between your education and the role of Technology Assurance & Operational Risk Specialist.
Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
Utilise Relevant Experiences:If you've been involved in finance-related clubs or societies at university, mention that in your application. Showing your practical experience alongside your studies can make a real difference and demonstrate your passion for the financial world. We love seeing candidates who go the extra mile!
How to prepare for a job interview at LHV Bank
✨Show Us Your Analytical Skills
As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
✨Know Your Financial Tools
Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
✨Be Passionate About Learning
Internships are all about learning, so express your enthusiasm for the banking industry. Share what trends you're excited about, or recent news you've followed, to show you're motivated and engaged. This can set you apart from other candidates who might be less enthusiastic.
✨Prepare for Behavioural Questions
Expect behavioural questions that assess your fit within a team and your ability to handle challenges. Think of examples from your studies or group projects that highlight your teamwork, adaptability, and communication skills. We want to see how you've navigated situations that are relevant to the workplace!
