At a Glance
- Tasks: Lead the operational risk programme and ensure compliance with regulatory standards.
- Company: Join a multinational financial services firm with a strong focus on risk management.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborate with global teams and represent operational risk in governance forums.
- Why this job: Make a significant impact on regulatory compliance and operational resilience in a dynamic environment.
- Qualifications: Extensive experience in operational risk management and direct regulatory engagement.
The predicted salary is between 69750 - 85250 £ per year.
As Director of Operational Risk, you will lead the UK entity’s risk program within 2LOD, shaping the operational risk framework to meet FCA, DORA, and other regulatory expectations. You will own regulatory engagements, risk assessments, and incident management, ensuring timely escalation and durable controls. You’ll work with global risk colleagues to align local risks with firm-wide risk governance and strategic risk appetite. This role offers impact across regulatory compliance, resilience, and risk governance in a multinational setting.
Responsibilities
- Regulatory oversight and engagement with regulators (FCA, NFA) and supervision, including response management and control embedding
- Own compliance with DORA ICT risk management, resilience testing, third-party risk oversight, and incident reporting
- Maintain knowledge of FCA Handbook, SM CR, SYSC, MIFIDPRU/ICARA, and translate regulations into practical controls
- Manage day-to-day operational risk activities (RCSA, control monitoring, KRIs, risk appetite)
- Oversee incident management lifecycle, escalation, root-cause analysis, and post-incident reviews
- Provide 2LOD challenge to 1LOD risk activities and coordinate with front office, operations, and support
- Lead incident reporting and escalation to regulatory authorities within required timeframes
- Oversee TPRM and outsourcing risk, ensure alignment with DORA and FCA requirements
- Escalate material incidents or local concerns to Global Head of Enterprise Risk and SFL Head of Risk
- Represent operational risk in governance forums and risk committees, collaborating with 1LOD, Compliance, Legal, Internal Audit, and global risk teams
Key requirements
- Extensive operational risk management experience in a regulated financial services firm at Director level
- Direct regulatory engagement experience with the FCA; familiarity with NFA and other EMEA regulators
- Working knowledge of DORA and its ICT risk management, resilience testing, and incident reporting requirements
- Strong experience in RCSA, incident management, risk reporting, and operational resilience
- Understanding of third-party / outsourcing risk and related regulatory expectations
- Ability to work autonomously with minimal supervision and escalate when needed
- Excellent written and verbal communication skills for regulator-ready and Board-ready material
- Self-starter with ownership
- Rigorous, detail-oriented, evidence-based decision making
- Confident escalator, able to raise concerns early
Director - Operational Risk employer: StoneX
At StoneX Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. With over 5,400 employees globally, we provide extensive growth opportunities within our diverse business segments, ensuring that every team member can thrive in their career. Our commitment to employee development, coupled with the chance to engage with a wide array of clients and markets, makes this an ideal environment for those seeking meaningful and rewarding employment in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Director - Operational Risk
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like StoneX. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Director - Operational Risk
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to StoneX.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on StoneX's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at StoneX
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with StoneX.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at StoneX will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former StoneX employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
