Operational Risk Officer. Job in Coventry LilyLifestyle Jobs

Operational Risk Officer. Job in Coventry LilyLifestyle Jobs

Coventry Full-Time 45000 - 50000 £ / year (est.) No working from home possible
United Cerebral Palsy of Georgia

At a Glance

  • Tasks: Oversee operational risk and challenge business practices to enhance frameworks.
  • Company: Established financial services organisation with a focus on risk management.
  • Benefits: Competitive salary, bonus scheme, hybrid working, and private health cover.
  • Other info: Strong career growth opportunities and exposure to senior stakeholders.
  • Why this job: Make a real impact in risk oversight while developing your expertise.
  • Qualifications: 3-5 years in Operational Risk or Governance within financial services.

The predicted salary is between 45000 - 50000 £ per year.

We’re working with a well-established financial services organisation looking to hire an Operational Risk Officer (Senior Specialist) to join their Risk Oversight function. This is a second line of defence role focused on strengthening operational risk frameworks, providing independent challenge to the business, and ensuring robust oversight of AML and Fraud risks.

Key responsibilities

  • Provide independent oversight and challenge of operational risk across the business (2LoD)
  • Participate in and review Risk & Control Self-Assessments (RCSAs)
  • Deliver independent control testing in line with the annual testing plan
  • Produce and present risk reports and insights to senior management and governance forums
  • Track and challenge risk incidents, root cause analysis, and remediation actions
  • Review and improve policies, procedures, and control frameworks
  • Build strong relationships with key stakeholders across multiple business units
  • Second line oversight of AML and Fraud risk frameworks
  • Challenge risk assessments, controls, and governance structures
  • Review management information (MI) and key risk indicators (KRIs) to identify trends and emerging risks
  • Support effective incident management and ensure timely action and resolution

What you'll need to succeed

  • 3-5 years’ experience in Operational Risk, Risk & Controls, or Governance within financial services
  • Strong understanding of risk frameworks (RCSA, control testing, incident management)
  • Exposure to AML and/or Fraud risk oversight is highly desirable
  • Proven ability to challenge, influence, and engage stakeholders at all levels
  • Excellent analytical, reporting, and communication skills
  • Proactive, self‑motivated, and comfortable working autonomously

What you'll get in return

  • Competitive salary of £45,000 - £50,000
  • Bonus scheme
  • Hybrid working (2 days per week in the Coventry office)
  • Pension scheme
  • Company car scheme
  • Private health cover
  • Strong exposure to senior stakeholders and risk governance forums
  • Opportunity to develop expertise across Operational Risk and Financial Crime

Operational Risk Officer. Job in Coventry LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia

Join a well-established financial services organisation in Coventry as an Operational Risk Officer, where you will benefit from a competitive salary and bonus scheme, alongside hybrid working arrangements that promote work-life balance. The company fosters a collaborative work culture, offering strong exposure to senior stakeholders and opportunities for professional growth in the field of Operational Risk and Financial Crime, making it an excellent employer for those seeking meaningful and rewarding careers.

United Cerebral Palsy of Georgia

Contact Details:

United Cerebral Palsy of Georgia Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Operational Risk Officer. Job in Coventry LilyLifestyle Jobs

Tip Number 1

Network like a pro! Reach out to folks in the financial services sector, especially those who work in operational risk. A casual chat can lead to insider info about job openings or even a referral.

Tip Number 2

Prepare for interviews by brushing up on your knowledge of risk frameworks and AML. We recommend practising common interview questions and scenarios related to operational risk to show you’re ready to tackle the role head-on.

Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds!

Tip Number 4

Apply through our website for the best chance at landing that Operational Risk Officer role. We’ve got all the latest openings, and applying directly shows your enthusiasm for joining our team!

We think you need these skills to ace Operational Risk Officer. Job in Coventry LilyLifestyle Jobs

Operational Risk Management
Risk & Control Self-Assessments (RCSAs)
Control Testing
Anti-Money Laundering (AML)
Fraud Risk Oversight
Root Cause Analysis
Stakeholder Engagement

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Operational Risk Officer role. Highlight your experience in risk frameworks and any exposure to AML or Fraud risk oversight. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about operational risk and how your background makes you a great fit. Don’t forget to mention your ability to engage stakeholders, as that’s key for us.

Showcase Your Analytical Skills:Since this role involves a lot of analysis and reporting, make sure to showcase your analytical skills in your application. Provide examples of how you've used these skills in past roles to challenge and improve risk frameworks.

Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at United Cerebral Palsy of Georgia

Know Your Risk Frameworks

Make sure you brush up on your understanding of risk frameworks like RCSA and control testing. Be ready to discuss how you've applied these in your previous roles, as this will show that you can hit the ground running.

Prepare for Scenario Questions

Expect to face scenario-based questions where you'll need to demonstrate your ability to challenge and influence stakeholders. Think of specific examples from your experience where you've successfully navigated complex risk situations.

Showcase Your Analytical Skills

Since the role requires excellent analytical skills, prepare to discuss how you've used data to identify trends or emerging risks. Bring along any reports or insights you've produced to illustrate your capabilities.

Build Rapport with Interviewers

Remember, building strong relationships is key in this role. During the interview, engage with your interviewers by asking insightful questions about their risk oversight processes. This shows you're proactive and genuinely interested in the position.