Manager Operational Risk in London

Manager Operational Risk in London

London Full-Time 60000 - 75000 € / 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 growth and community impact.
  • Benefits: Enjoy competitive pay, flexible benefits, and opportunities for professional development.
  • Other info: Collaborative and dynamic work environment with excellent career growth potential.
  • 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 60000 - 75000 € 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 London 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 London employer: Royal Bank of Canada

At RBC, we pride ourselves on being an exceptional employer, offering a vibrant work culture that fosters collaboration and innovation. As a Manager in Operational Risk within our Wealth Management Europe team in London, you'll benefit from a comprehensive Total Rewards Program, opportunities for professional development, and the chance to make a meaningful impact in a dynamic environment. Join us to thrive alongside industry leaders and contribute to a community dedicated to mutual success and excellence.

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 London

Tip Number 1

Network like a pro! Reach out to current employees at RBC through LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing the Operational Risk Manager role. Personal connections can give you insights that a job description just can't.

Tip Number 2

Prepare for the interview by diving deep into operational risk topics. Brush up on RCSAs, KRIs, and issue management. Being able to discuss these concepts confidently will show that you're not just interested in the role, but that you truly understand it.

Tip Number 3

Showcase your storytelling skills! When discussing your past experiences, frame them as compelling narratives that highlight your problem-solving abilities and how you've turned risk events into actionable insights. This will resonate well with the interviewers.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining the RBC team. Make sure to tailor your application to reflect the values and skills mentioned in the job description.

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

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 give us examples of how you've done this in the past.

Highlight Your Relationship-Building Experience:As a Manager Operational Risk, you'll need to foster trust and collaboration. In your application, share specific instances where you've built strong relationships with stakeholders or led teams to success. We’re all about teamwork here!

Apply Through Our Website:We encourage you to submit your application through our website for the best chance of being noticed. It’s straightforward and ensures your application goes directly to the right team. Plus, 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 your knowledge of operational risk frameworks, especially those relevant to wealth management. Be ready to discuss how you've implemented or improved these frameworks in past roles, as this will show your deep risk expertise.

Craft Your Storytelling Skills

Prepare to articulate complex risk data in a clear and compelling way. Think of examples where you turned intricate information into actionable insights. This will demonstrate your ability to communicate effectively with stakeholders and align risk practices with business goals.

Showcase Your Problem-Solving Abilities

Be ready to share specific instances where you tackled challenges creatively. Highlight your experience in managing fraud and operational risks during change initiatives, as this aligns perfectly with what they’re looking for in a candidate.

Build Relationships Before You Walk In

Research the company culture and key players within the team. If possible, connect with current employees on LinkedIn to gain insights. This will not only help you understand their values but also position you as a proactive relationship builder during the interview.