VP- Operational Risk Manager

Operational Risk VP – Senior Role in Established and Rewarding Risk Team

Location: London – Hybrid working

About Our Client

A fast-growing UK banking group and market-leading cross-border FX and payments firm seeking a VP – Operational Risk Manager.

Job Description

The VP – Operational Risk Manager will:

• Support the Head of Operational Risk in the independent oversight of operational risk across the bank.
• Enhance the Operational Risk Management Framework and its components, including RCSA, incident management, and scenario analysis.
• Provide oversight and challenge to RCSAs and risk assessments related to new products and initiatives.
• Standardize and communicate policies and procedures owned by the second line of defense (2LoD), ensuring understanding and compliance across the bank.
• Engage with the first line of defense (1LoD) to ensure adherence to standards and guidelines.
• Train and educate the 1LoD to embed the Operational Risk Management Policy within their areas.
• Prepare risk committee and board papers, including management of audit and control weaknesses.

The Successful Applicant

Requirements include:

• Professional or industry qualification such as IOR, IRM, or equivalent.
• Deep knowledge of the UK financial services regulatory framework.
• Several years of senior risk management experience.
• Experience with Enterprise Risk Management Frameworks and various risk types, including financial crime, credit, liquidity, and conduct.
• Extensive operational risk expertise.

What\’s on Offer

VP-level salary between £90,000 and £100,000, plus bonus and benefits.

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