At a Glance
- Tasks: Lead operational risk oversight and enhance third-party risk management processes.
- Company: Join a leading financial services organisation with a collaborative culture.
- Benefits: Competitive salary, flexible working options, and personal development opportunities.
- Other info: Remote work with occasional office days and excellent career progression.
- Why this job: Make a real impact on business resilience and supplier governance.
- Qualifications: Experience in operational risk management and strong analytical skills.
The predicted salary is between 65000 - 65000 £ per year.
Location: Remote with 3-4 days per month in the Merseyside office
Employment Type: Full-Time, Permanent
Are you an experienced operational risk professional ready to take the next step in your career? We’re looking for a dynamic Operational Risk Manager to join a growing risk function within a leading financial services organisation. With a key focus on procurement due diligence, outsourcing, and third-party risk, this is an exciting opportunity to make a tangible impact on our business resilience and supplier governance.
Key Responsibilities:- Lead the operational risk oversight of procurement processes, ensuring robust supplier due diligence and risk assessments are embedded in decision-making.
- Manage and continuously improve the Third-Party Risk Management (TPRM) framework, ensuring effective identification, assessment, monitoring and mitigation of third-party and outsourcing risks.
- Work closely with Procurement, Legal, Compliance, and Business Units to ensure compliance with regulatory expectations (e.g. FCA, PRA) related to outsourcing and operational resilience.
- Conduct thematic risk reviews and support ongoing risk assessments, scenario analysis, and incident management.
- Provide subject matter expertise to business stakeholders on emerging risks and best practices in third-party governance.
- Line manage, coach, and develop a Risk Analyst, ensuring effective delivery of operational risk reporting and analysis.
- Support the wider Risk team in delivering the annual risk plan and maturing the enterprise risk management framework.
- Proven experience in operational risk management within financial services.
- Strong knowledge of procurement, outsourcing, and third-party risk, including due diligence and regulatory compliance.
- Understanding of relevant regulatory requirements (e.g. FCA SYSC, PRA SS2/21, EBA guidelines on outsourcing).
- Ability to influence stakeholders and drive change in a collaborative way.
- Strong analytical, report-writing, and communication skills.
- Experience in line management or mentoring is highly desirable.
- Up to £65,000 annual salary + benefits package.
- A collaborative and values-driven culture.
- Opportunities for personal development and career progression.
- Flexible working options.
Operational Risk Manager in Liverpool employer: MERJE
Contact Detail:
MERJE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Manager in Liverpool
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for an Operational Risk 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 procurement and third-party risk management. We recommend doing some mock interviews with friends or using online platforms to get comfortable discussing your expertise and how it aligns with the role.
✨Tip Number 3
Showcase your analytical skills! Bring examples of your past work where you've successfully managed operational risks or improved processes. This will help you stand out and demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Operational Risk Manager in Liverpool
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operational Risk Manager role. Highlight your experience in operational risk management, procurement, and third-party risk. We want to see how your skills align with 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 the perfect fit for our team. Share specific examples of your achievements in risk management and how you can contribute to our business resilience.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to include examples of your analytical work in your application. We love seeing how you've tackled complex problems and made data-driven decisions in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at MERJE
✨Know Your Risk Frameworks
Make sure you brush up on the key operational risk frameworks relevant to the role. Understand the nuances of procurement due diligence and third-party risk management, as these will likely come up in conversation. Being able to discuss specific frameworks and how you've applied them in past roles will show your expertise.
✨Prepare for Scenario Questions
Expect to be asked about real-life scenarios related to risk management. Prepare examples where you've identified, assessed, or mitigated risks in previous positions. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.
✨Showcase Your Stakeholder Management Skills
This role requires collaboration with various departments like Procurement, Legal, and Compliance. Be ready to discuss how you've influenced stakeholders in the past and driven change. Highlight any experiences where you successfully navigated complex relationships to achieve a common goal.
✨Demonstrate Your Analytical Skills
As an Operational Risk Manager, strong analytical skills are crucial. Be prepared to talk about how you've used data to inform decision-making or improve processes. Bring along examples of reports or analyses you've conducted that had a significant impact on your previous organisation.