Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Identify and manage operational risks in a dynamic banking environment.
- Company: Leading bank with a focus on Capital Markets operations.
- Benefits: Competitive salary, professional development, and a collaborative work culture.
- Other info: Opportunity to work in a fast-paced environment with career growth potential.
- Why this job: Shape risk outcomes and influence senior decision-making in a critical role.
- Qualifications: Strong operational background and understanding of risk management frameworks.
The predicted salary is between 60000 - 80000 £ per year.
The Operational Risk Manager will play a critical role in protecting and enabling this bank’s London business by strengthening the effective execution of the Operational Risk Management Framework across Capital Markets operations. The role supports day‑to‑day operational risk oversight by working closely with front‑office, operations, technology, and support functions. The position adds value by translating operational activity into clear, actionable risk insight, enabling senior management to make informed decisions and proactively manage risk.
Key responsibilities:
- Proactively identify, assess, and escalate emerging operational risks across London operations
- Deliver high‑quality reporting to senior management committees
- Support calibration of operational risk metrics and KRIs used by Risk Committees and Boards
- Review and challenge First Line execution of core framework components
- Provide constructive challenge while maintaining strong, collaborative relationships
- Act as a trusted operational risk advisor to senior stakeholders across the business
- Support the promotion of a strong and pragmatic risk culture across the business
Knowledge & Experience:
- Strong operational background, ideally across multiple Capital Markets products, workflows, or infrastructure functions
- Sound understanding of the Three Lines of Defence model within a Capital Markets environment
- Awareness of broader risk disciplines (Credit, Market, Liquidity) and their interaction with operational risk
- Familiarity with the UK operational risk regulatory environment and emerging supervisory expectations
Skills & Capabilities:
- Strong ability to analyse operational processes and identify control and risk gaps
- Confident and credible communicator with stakeholders at all levels of seniority
- Clear, concise written communication, particularly for senior management reporting
- Ability to work effectively under pressure, both independently and collaboratively
This role is ideal for someone with hands‑on operational experience who wants to shape risk outcomes, influence senior decision‑making, and strengthen the resilience of a complex Capital Markets operation.
Operational Risk Manager in City of London employer: Pure Search
Contact Detail:
Pure Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Risk Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working in operational risk. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the Three Lines of Defence model and current UK regulatory expectations. We want you to impress with your understanding of how these concepts apply to the role!
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss specific examples where you've identified operational risks or improved processes. This will demonstrate your hands-on experience and ability to add value.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Operational Risk Manager in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Operational Risk Manager. Highlight your experience in Capital Markets and any relevant operational risk management frameworks you've worked with. We want to see how your background aligns 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 passionate about operational risk and how you can add value to our team. Be sure to mention specific skills that match the job description, like your ability to analyse processes and communicate effectively.
Showcase Your Communication Skills: Since clear and concise communication is key for this role, make sure your application reflects that. Use straightforward language and structure your documents well. We want to see that you can convey complex ideas simply, especially for senior management reporting.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team at StudySmarter!
How to prepare for a job interview at Pure Search
✨Know Your Operational Risk Framework
Make sure you understand the Operational Risk Management Framework inside out. Be ready to discuss how you've applied similar frameworks in your previous roles, especially in Capital Markets. This will show that you can hit the ground running.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to identify and assess operational risks in hypothetical scenarios. Practise articulating your thought process clearly, as this will demonstrate your analytical skills and ability to provide actionable insights.
✨Showcase Your Communication Skills
As a confident communicator, be prepared to discuss how you've effectively reported to senior management in the past. Bring examples of high-quality reports you've delivered and how they influenced decision-making. This will highlight your credibility and clarity.
✨Demonstrate Collaborative Spirit
Highlight your experience in building strong relationships across various teams. Share specific instances where you've provided constructive challenges while maintaining collaboration. This will show that you can be a trusted advisor and promote a positive risk culture.