Operational Risk Manager
We are seeking an experienced and driven Operational Risk professional who will play a crucial role in assisting the Head of Risk in the oversight and management of all aspects of Operational Risk, ensuring the identification, assessment, and mitigation of risks across all business functions.
The successful candidate will be responsible for continuously improving risk processes, owning risk registers, managing risk assessments, performing second line controls, and advising the business on decisions required for reducing Operational Risk.
Responsibilities
- Assist in identifying, measuring and monitoring potential risks throughout the business, liaising with key stakeholders
- Conduct business impact assessments to identify potential risks and support the business in implementing effective controls
- Perform quarterly second line controls, ensuring potential risks are well managed within the business and creating action plans to mitigate new risks
- Own the annual Operational Risk Mapping process, utilising Basel risk categories to ensure risk is well managed across the entire business
- Test the adequacy and effectiveness of first line controls performed by the business, identify areas of improvement and corrective actions where necessary
- Conduct root cause analysis of operational events and develop strategies to mitigate future risks
- Promote the company’s risk-aware culture, serving as a subject matter expert on operational risk initiatives, initiating and fostering relationships with business stakeholders to promote a culture of continuous improvement
- Ad-hoc & recurring projects including segregation of duty analysis
- Work closely with Headquarters on new and emerging risk‑management techniques and requirements
- Line manage the Risk graduate(s)
Qualifications
- Minimum of 5 years’ experience in enterprise and operational risk management, with experience in risk frameworks and processes
- Experience in financial services, with a strong understanding of the UK regulatory environment (desirable)
- Graduate from a numerate discipline, ideally Business or Economics, with a 2:1 level or higher
- Fluent in English
Employment Details
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Finance and Sales
- Location: Slough, England, United Kingdom
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