At a Glance
- Tasks: Oversee operational risk and resilience, ensuring compliance and effective governance.
- Company: Established UK financial services organisation focused on tailored banking solutions.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with exposure to emerging risks like AI and cyber security.
- Why this job: Join a high-performing team making a real impact in risk management.
- Qualifications: Significant experience in operational or enterprise risk within financial services.
The predicted salary is between 69750 - 85250 £ per year.
Working Pattern
Morson Edge are representing an established UK financial services organisation focused on providing tailored banking and financial solutions to specialist markets.
The business has a strong focus on customer outcomes, long-term relationships and maintaining a high-performing culture built around integrity and excellence.
About the Role
The Enterprise Risk function operates as an independent
Second Line of Defence , providing oversight and challenge across financial and non-financial risks.
The team covers areas including Operational Risk & Resilience, Treasury Risk, Climate & ESG, Risk Governance, Third Party Risk, Technology, IT, Cyber and emerging risks such as Artificial Intelligence.
This is a senior position within the Enterprise Risk team, with responsibility for strengthening risk frameworks, delivering assurance and providing clear insight to senior management and Board-level stakeholders.
Key Responsibilities
- Operational Risk Oversight & Assurance
- Provide
Second Line oversight and constructive challenge across First Line Operational Risk activities, including RCSAs, scenario analysis and control effectiveness assessments.
- Lead key control assurance, thematic reviews and risk deep-dives , identifying control gaps, weaknesses and systemic issues.
- Oversee operational risk events and incidents, ensuring robust root-cause analysis, remediation and lessons learned.
- Maintain and continuously enhance the
Operational Risk Management Framework , policies and supporting guidance.
- Lead the delivery and implementation of a strategic
GRC solution , from requirements gathering and vendor selection through to testing and embedding.
- Operational Resilience & Non-Financial Risk
- Strengthen
Second Line oversight of Operational Resilience , ensuring alignment with regulatory expectations and industry best practice.
- Provide oversight of
Important Business Services, impact tolerances and scenario testing .
- Develop and maintain
Operational Resilience and Third Party Risk Management frameworks .
- Provide Second Line oversight across
Third Party, Cyber & Information Security, Technology & IT, and AI Risk .
- Provide independent challenge, ensuring non-financial risks are effectively governed and integrated into the wider Enterprise Risk Framework.
- To be considered
- Significant Operational or Enterprise Risk experience within Financial Services or another highly regulated environment. Idelly within retail banking
- Strong
Second Line of Defence experience, including independent oversight and challenge.
- Good knowledge of UK regulatory requirements relating to Operational Risk, particularly PRA and FCA expectations.
- Practical experience across
Operational Resilience , including Important Business Services, impact tolerances and scenario testing.
- Exposure to
TPRM, Cyber/IT Risk and emerging risks such as AI .
- Experience preparing and presenting risk information to Executive and Board-level committees.
- Strong ability to develop pragmatic and scalable risk solutions within evolving environments.
- Experience with GRC systems, risk tooling, analytics, dashboards and KRIs.
- A proactive approach to emerging areas of risk, including AI, data and digital resilience.
Senior Enterprise Risk and Resilience Manager in City of London employer: Morson Edge (Financial Services)
Morson Edge offers a dynamic and supportive work environment in the heart of London, where innovation meets security in cloud operations. Employees benefit from a culture that prioritises professional growth, with opportunities to enhance skills in Azure administration and security practices. The company's commitment to a collaborative atmosphere ensures that every team member's contributions are valued, making it an excellent choice for those seeking meaningful and rewarding employment.
Contact Details:
Morson Edge (Financial Services) Recruitment Team
