Head of Operational Risk in City of London

Head of Operational Risk in City of London

City of London Full-Time 60000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead operational risk management and ensure effective reporting across the organisation.
  • Company: Purpose-driven financial services organisation focused on a proactive risk culture.
  • Benefits: Competitive salary up to £100K, hybrid work model, and career development opportunities.
  • Why this job: Make a real impact by shaping risk strategies in a dynamic environment.
  • Qualifications: Significant experience in operational risk within regulated environments and strong leadership skills.
  • Other info: Collaborative team atmosphere with opportunities to influence senior stakeholders.

The predicted salary is between 60000 - 84000 £ per year.

We are seeking an experienced and values-driven Operational Risk leader to set up and lead first line risk and controls management across the enterprise of this purpose driven financial services organisation. This role plays a pivotal part in strengthening a proactive, inclusive risk culture. You’ll work closely with senior leaders/executives and central Risk teams to ensure operational, regulatory, technology, data and cyber risks are effectively identified, managed and reported, supporting confident decision-making and continuous improvement.

Key responsibilities include:

  • Embedding and overseeing the operational risk framework across the organisation.
  • Leading first line operational risk, controls and assurance activity in line with organisational risk appetite and governance.
  • Acting as a key partner to the group Risk function, translating policy into practical, value-adding activity.
  • Overseeing operational, regulatory, technology, data and cyber risks, including change and third-party risk.
  • Providing clear, concise and insightful risk reporting to senior leadership and governance committees.
  • Supporting audit and assurance activity and driving continuous improvement in risk and control effectiveness.
  • Embedding risk considerations into strategy, change programmes and day-to-day decision-making.

Leadership and collaboration:

  • Leading, developing and motivating a small team of risk professionals.
  • Acting as a trusted advisor to senior stakeholders across the directorate.
  • Working collaboratively with Risk, Compliance, Legal and Technology teams.

Experience:

  • Significant experience in operational risk within a regulated environment (financial services, pensions or insurance).
  • Strong understanding of regulatory frameworks and operational risk methodologies.
  • Experience overseeing technology, data and cyber risk.
  • A collaborative, pragmatic leader with the confidence to influence at senior levels.

Head of Operational Risk in City of London employer: Morson Edge (Financial Services)

As a purpose-driven financial services organisation, we pride ourselves on fostering a proactive and inclusive risk culture that empowers our employees. Located in London, we offer a hybrid working model, competitive salary up to £100K, and a supportive environment that encourages professional growth and collaboration with senior leaders. Join us to make a meaningful impact while enjoying the benefits of a dynamic workplace that values your contributions and promotes continuous improvement.
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Contact Detail:

Morson Edge (Financial Services) Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Operational Risk in City of London

✨Tip Number 1

Network like a pro! Reach out to your connections in the financial services sector, especially those who are already in operational risk roles. A friendly chat can lead to insider info about job openings or even referrals.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of regulatory frameworks and operational risk methodologies. We want you to be able to discuss how you've managed risks in past roles confidently!

✨Tip Number 3

Showcase your leadership skills! Be ready to share examples of how you've motivated teams and influenced senior stakeholders. This is key for a role like Head of Operational Risk.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Head of Operational Risk in City of London

Operational Risk Management
Regulatory Frameworks
Risk Reporting
Controls and Assurance Activity
Change Management
Third-Party Risk Management
Leadership
Team Development
Stakeholder Engagement
Collaboration
Pragmatic Problem-Solving
Influencing Skills
Understanding of Technology Risks
Data Risk Management
Cyber Risk Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Head of Operational Risk role. Highlight your experience in operational risk, especially within regulated environments like financial services. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about operational risk and how you can contribute to our purpose-driven organisation. Keep it concise but impactful – we love a good story!

Showcase Your Leadership Skills: Since this role involves leading a small team, make sure to highlight your leadership experience. Share examples of how you've motivated teams and influenced senior stakeholders. We’re looking for someone who can inspire others!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates. Plus, it’s super easy!

How to prepare for a job interview at Morson Edge (Financial Services)

✨Know Your Risk Frameworks

Make sure you brush up on the operational risk frameworks relevant to the financial services sector. Be ready to discuss how you've implemented or overseen these frameworks in your previous roles, as this will show your practical understanding and ability to translate policy into action.

✨Showcase Your Leadership Skills

Prepare examples that highlight your experience in leading and motivating teams. Think about specific situations where you acted as a trusted advisor to senior stakeholders and how you fostered collaboration across departments. This will demonstrate your capability to lead a small team of risk professionals effectively.

✨Be Ready for Scenario Questions

Expect questions that put you in hypothetical situations regarding operational, regulatory, technology, data, and cyber risks. Practise articulating your thought process on how you would identify, manage, and report these risks, as well as how you would drive continuous improvement in risk and control effectiveness.

✨Understand the Company Culture

Research the organisation's values and purpose-driven approach. Be prepared to discuss how you can contribute to strengthening a proactive and inclusive risk culture. Showing that you align with their mission will set you apart from other candidates.

Head of Operational Risk in City of London
Morson Edge (Financial Services)
Location: City of London

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