Manager, Operational Risk in Edinburgh

Manager, Operational Risk in Edinburgh

Edinburgh Full-Time 55000 - 65000 € / year (est.) No home office possible
Royal Bank of Canada

At a Glance

  • Tasks: Lead and inspire teams to implement innovative risk frameworks and drive impactful insights.
  • Company: Join RBC, a leading bank committed to community and mutual success.
  • Benefits: Enjoy competitive pay, flexible benefits, and opportunities for personal growth.
  • Other info: Work in a dynamic, collaborative environment with a focus on innovation.
  • Why this job: Shape the future of risk management and make a real difference in financial services.
  • Qualifications: Experience in risk management and strong relationship-building skills are essential.

The predicted salary is between 55000 - 65000 € per year.

What is the opportunity? Shape the Future of Risk in Wealth Management. We're looking for a dynamic Operational Risk Manager to join our Wealth Management Europe (WME) team. This isn't just a role - it's a chance to be a strategic partner in building industry-leading risk practices that empower sound decision-making. Here, you'll dive into operational risk events, issue management, and control frameworks, turning insights into action. With a focus on annual RCSAs, risk appetite, and KRIs, you'll collaborate across teams to strengthen our risk culture. This is a permanent, full-time role and requires 4 days in the office at our Edinburgh office.

What you will do?

  • Lead and inspire: Guide stakeholders to implement cutting-edge risk frameworks.
  • Drive impact: Turn risk events into thematic insights that sharpen our controls.
  • Shape strategy: Partner with senior leaders to align risk practices with business goals.
  • Innovate: Champion fresh ideas to streamline processes and elevate standards.
  • Risk Reporting & Resilience: Lead KRIs, thematic reviews, and risk appetite metrics to inform strategic decisions. Partner with 2LoD/central teams to validate data and ensure regulatory alignment. Strengthen risk resilience during change (e.g., transformations, regulatory shifts) by identifying control gaps and mitigation strategies.

What you will need to succeed?

  • Must-Have
  • Proven Relationship builder: Experience in fostering trust and driving growth through strategic partnerships.
  • Deep Risk expertise: Hands-on experience with RCSA, issue management, risk events, and reporting in financial services.
  • Storytelling Skills: The ability to turn complex risk data into clear, compelling narratives.
  • Creative problem-solver: A knack for tackling challenges with innovation and pragmatism.
  • Skilled Balancer of Competing Demands: Thrive in a fast-paced environment with competing priorities.
  • Fraud & Change Risk Expertise: Proven experience managing fraud risk and operational risk within change initiatives.
  • Nice-to-have
  • Certifications like CISI, ICA, or IRM, or a background in finance/data.
  • Familiarity with RBC's global/UK organizational structure.

At RBC, we're not just colleagues - we're a community committed to growth, impact, and mutual success. Ready to Take the Next Step? If you're passionate about turning risk into opportunity, we want to hear from you!

What is in it for you?

  • We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper.
  • We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
  • A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation.
  • Leaders who support your development through coaching and managing opportunities.
  • Opportunities to work with the best in the field.
  • Ability to make a difference and lasting impact.
  • Work in a dynamic, collaborative, progressive, and high-performing team.

Manager, Operational Risk in Edinburgh employer: Royal Bank of Canada

At RBC, we pride ourselves on being an exceptional employer, offering a vibrant work culture in the heart of Edinburgh. Our commitment to employee growth is evident through comprehensive development programmes and a collaborative environment that encourages innovation and strategic thinking. With a focus on mutual success and community impact, we provide competitive compensation, flexible benefits, and the opportunity to work alongside industry leaders, making this role not just a job, but a meaningful career path.

Royal Bank of Canada

Contact Detail:

Royal Bank of Canada Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Manager, Operational Risk in Edinburgh

Tip Number 1

Network like a pro! Reach out to your connections in the industry and let them know you're on the lookout for opportunities. A friendly chat can lead to valuable insights or even a referral.

Tip Number 2

Prepare for those interviews! Research the company and its risk management practices. Be ready to discuss how your experience aligns with their needs, especially around RCSAs and issue management.

Tip Number 3

Show off your storytelling skills! When discussing your past experiences, frame them as compelling narratives that highlight your problem-solving abilities and how you've turned risks into opportunities.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of our community at RBC.

We think you need these skills to ace Manager, Operational Risk in Edinburgh

Operational Risk Management
RCSA (Risk Control Self-Assessment)
Issue Management
Risk Reporting
Key Risk Indicators (KRIs)
Strategic Partnership
Storytelling Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with operational risk management. We want to see how your skills align with the role, so don’t hold back on showcasing your relevant achievements!

Showcase Your Storytelling Skills:Since storytelling is key in this role, use your application to demonstrate how you can turn complex risk data into clear narratives. We love seeing candidates who can communicate effectively, so make it engaging!

Highlight Your Relationship-Building Experience:We’re looking for someone who can foster trust and drive growth through strategic partnerships. Be sure to include examples of how you've built relationships in your previous roles, as this will set you apart from other candidates.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!

How to prepare for a job interview at Royal Bank of Canada

Know Your Risk Frameworks

Before the interview, brush up on the latest operational risk frameworks and practices. Be ready to discuss how you've implemented these in past roles, as this will show your deep risk expertise and ability to drive impact.

Master the Art of Storytelling

Prepare to turn complex risk data into clear narratives. Think of examples where you’ve successfully communicated risk insights to stakeholders, as this will highlight your storytelling skills and ability to foster trust.

Showcase Your Problem-Solving Skills

Be ready to discuss specific challenges you've faced in managing operational risk and how you tackled them creatively. This will demonstrate your innovative mindset and ability to balance competing demands.

Align with Company Values

Familiarise yourself with RBC's values like Client First and Collaboration. During the interview, weave these values into your responses to show that you’re not just a fit for the role, but also for the company culture.