At a Glance
- Tasks: Lead risk management strategies and frameworks for a top UK commercial bank.
- Company: Join a historic bank known for innovative solutions and strong compliance standards.
- Benefits: Enjoy a competitive salary, excellent benefits, and flexible working options.
- Why this job: Shape the future of risk management in a dynamic financial environment with a talented team.
- Qualifications: Extensive banking risk management experience and relevant professional qualifications required.
- Other info: Applicants must be eligible to work in the UK without sponsorship.
The predicted salary is between 43200 - 72000 £ per year.
MERJE is seeking an exceptional Head of Operational Risk for a leading commercial bank in the UK. This pivotal role offers an exciting opportunity to shape risk management strategies in a dynamic financial institution. The successful candidate will lead enterprise-wide risk initiatives, ensuring robust frameworks are in place to protect the bank's assets and reputation.
The Company
This established commercial bank operates in the heart of the UK's financial sector. With a rich history and a forward-thinking approach, the company is committed to delivering innovative banking solutions while maintaining the highest standards of risk management and compliance.
The Role
As Head of Operational Risk you will be responsible for developing and implementing comprehensive risk management strategies across the organisation. This challenging role offers a competitive salary, excellent benefits, and the opportunity to work with a talented team of professionals in a flexible working environment.
Key Responsibilities:
- Develop and oversee enterprise-wide risk management frameworks and policies
- Lead risk assessment processes and implement mitigation strategies
- Provide expert advice to senior management on risk-related matters
- Ensure compliance with regulatory requirements and industry best practices
- Foster a strong risk management culture throughout the organisation
Required knowledge and experience:
- Extensive experience in enterprise risk management within the banking sector
- In-depth knowledge of regulatory requirements and risk management methodologies
- Strong leadership and communication skills
- Proven track record in developing and implementing risk management strategies
- Relevant professional qualifications (e.g., FRM, PRM, or equivalent)
If you are an experienced risk management professional looking to take on a challenging Head of Operational Risk position in a dynamic commercial banking environment, we want to hear from you.
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Applicants must be located and eligible to work in the UK without sponsorship.
Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website.
If you would like this job advertisement in an alternative format, please contact MERJE directly.
Head of Operational Risk employer: MERJE
Contact Detail:
MERJE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Operational Risk
✨Tip Number 1
Make sure to highlight your extensive experience in enterprise risk management within the banking sector during any networking opportunities. Connect with professionals in the industry on platforms like LinkedIn to discuss your insights and experiences.
✨Tip Number 2
Stay updated on the latest regulatory requirements and risk management methodologies. Attend relevant webinars or workshops to deepen your knowledge, which can be a great conversation starter when you meet potential colleagues or interviewers.
✨Tip Number 3
Demonstrate your leadership skills by engaging in discussions about risk management strategies in online forums or professional groups. Sharing your thoughts can help you build a reputation as a knowledgeable leader in the field.
✨Tip Number 4
Consider obtaining relevant professional qualifications like FRM or PRM if you haven't already. This not only enhances your credibility but also shows your commitment to the field, making you a more attractive candidate for the Head of Operational Risk position.
We think you need these skills to ace Head of Operational Risk
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and requirements of the Head of Operational Risk position. Tailor your application to highlight your relevant experience in enterprise risk management within the banking sector.
Highlight Relevant Experience: In your CV and cover letter, emphasize your extensive experience in risk management, particularly any leadership roles you've held. Provide specific examples of how you've developed and implemented risk management strategies.
Showcase Qualifications: Make sure to mention any relevant professional qualifications such as FRM or PRM. This will demonstrate your commitment to the field and your expertise in risk management methodologies.
Craft a Strong Cover Letter: Write a compelling cover letter that not only outlines your qualifications but also conveys your passion for risk management and your understanding of the banking sector. Address how you can contribute to fostering a strong risk management culture within the organization.
How to prepare for a job interview at MERJE
✨Showcase Your Expertise in Risk Management
Be prepared to discuss your extensive experience in enterprise risk management, particularly within the banking sector. Highlight specific examples where you've successfully developed and implemented risk management strategies.
✨Demonstrate Leadership Skills
As a Head of Operational Risk, strong leadership is crucial. Share instances where you've led teams or initiatives, emphasizing your ability to foster a risk management culture and guide senior management on risk-related matters.
✨Understand Regulatory Requirements
Familiarize yourself with the latest regulatory requirements and industry best practices. Be ready to discuss how you ensure compliance and how you've navigated regulatory challenges in previous roles.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in risk assessment and mitigation. Practice articulating your thought process and decision-making strategies in hypothetical situations.