At a Glance
- Tasks: Lead operational risk oversight and strengthen resilience in a dynamic financial services environment.
- Company: A regulated financial services organisation undergoing significant transformation.
- Benefits: Competitive daily rate, flexible working, and the chance to shape risk governance.
- Other info: Ideal for those with a background in programme management or IT leadership.
- Why this job: Make a real impact on risk management during exciting transformation projects.
- Qualifications: Experience in 2nd line Operational Risk and familiarity with PRA frameworks.
The predicted salary is between 50000 - 70000 € per year.
Senior Operational Risk & Governance Consultant
Rate: Up to 700/day - Outside IR35
Contract Length: Initial 6 months
Location: Milton Keynes (2 days per week)
A regulated financial services organisation is going through significant transformation with multiple programmes running in parallel. The risk maturity is still developing, and a CRO needs a credible 2nd line voice alongside them.
The role is hands-on. You will work across operations, technology, and data teams rather than sitting in a policy function, and you will be expected to bring structure quickly.
What you will be doing:
- Leading 2nd line Operational Risk oversight across transformation and technology-driven change
- Strengthening operational resilience and disruption risk profiles in line with PRA SS1/21
- Supporting ORSA scenario work, including design and stress-testing
- Embedding risk and governance controls across change programmes, infrastructure transitions, and digital services
- Driving BCP and resilience maturity, and establishing clear first-line ownership
- Providing oversight across data governance, GDPR, DPIA activity, and critical third-party dependencies
- Acting as a risk partner to infrastructure, data, and transformation stakeholders
Who this suits:
You are currently in a 2nd line Operational Risk role in financial services. You have direct experience with PRA frameworks SS1/21, ORSA, operational resilience, and you understand how transformation changes the risk picture, not just the risk register. You think in end-to-end processes, you are comfortable in organisations where maturity is still evolving, and you are known for being practical rather than theoretical.
A background in programme management, IT leadership, or transformation before moving into risk would stand out. Experience in Tier 2 regulated firms or with critical third-party risk frameworks would also be advantageous.
Operational Risk Manager - Asset Management in Northampton employer: TRIA
As an Operational Risk Manager at our dynamic financial services organisation in Milton Keynes, you will thrive in a culture that values innovation and collaboration. We offer competitive rates, flexible working arrangements, and a commitment to employee development through hands-on experience across various teams. Join us to be part of a transformative journey where your expertise will directly impact our operational resilience and governance frameworks.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Risk Manager - Asset Management in Northampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector, especially those who are already in operational risk roles. 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 PRA frameworks and operational resilience. We recommend creating a cheat sheet of key concepts and examples from your experience that showcase your hands-on approach to risk management.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. Use our website to find roles that match your skills in operational risk and governance, and tailor your approach to each one.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind. Share a relevant insight or idea you discussed during the interview to reinforce your interest and expertise in the role.
We think you need these skills to ace Operational Risk Manager - Asset Management in Northampton
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Operational Risk Manager. Highlight your experience with PRA frameworks and operational resilience, as these are key for us. We want to see how your background aligns with the hands-on nature of the job.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects where you've led risk oversight or improved operational resilience, so we can see your practical experience in action.
Showcase Your Transformation Experience:Since this role involves significant transformation, make sure to highlight any relevant experience you have in managing change. We’re looking for someone who understands how transformation impacts risk, so share those insights with us!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at TRIA
✨Know Your Risk Frameworks
Make sure you brush up on PRA frameworks like SS1/21 and ORSA. Be ready to discuss how these frameworks apply to operational risk and transformation. Showing that you understand the nuances of these regulations will impress your interviewers.
✨Demonstrate Hands-On Experience
Since this role is very hands-on, prepare examples from your past roles where you've led operational risk oversight or worked closely with technology and data teams. Share specific instances where you brought structure to a chaotic environment.
✨Showcase Your Practical Approach
This position values practicality over theory. Be ready to explain how you've tackled real-world challenges in operational resilience and disruption risk. Use concrete examples to illustrate your problem-solving skills and how you think in end-to-end processes.
✨Engage with Stakeholders
As a risk partner, you'll need to collaborate with various stakeholders. Prepare to discuss how you've built relationships with infrastructure, data, and transformation teams in the past. Highlight your communication skills and ability to influence others effectively.
