Operational Risk Manager

Operational Risk Manager

Posted 1 week ago by i-confidential

£80 Per hour
Inside
Hybrid
London Area, United Kingdom

Summary: The Operational Risk Manager will serve as a Risk Partner within the 1st Line Operational Risk team for a financial services client in London. This role involves guiding business functions in risk management, embedding a risk culture, and enhancing decision-making to mitigate operational risks. The position requires collaboration with various stakeholders to ensure compliance with risk frameworks and effective risk reporting. The role is hybrid, requiring two days a week in the office.

Key Responsibilities:

  • Stakeholder engagement and management
  • Help business functions manage risks to support business objectives
  • Embed a risk management framework and culture
  • Enhance decision-making while reducing operational risk
  • Work closely with Risk owners, control owners, and 2nd line of defense team
  • Conduct risk assessments and ownership of treatment
  • Implement training and awareness campaigns for risk management
  • Maintain and report on risk registers
  • Conduct risk deep dive activities
  • Establish governance arrangements for risk practices
  • Evaluate risk exposures and monitor inherent and residual risks
  • Provide risk briefings to colleagues
  • Perform Risk and Control Self-Assessments
  • Partner with Lines of Business to identify and resolve issues

Key Skills:

  • Knowledge of key risk management principles
  • Relevant experience in financial services
  • Understanding of the three lines of defense operating model
  • Ability to develop relationships with peers and senior stakeholders
  • Strong communication and training skills
  • Experience in risk assessment and management
  • Proficiency in maintaining risk registers
  • Capability to conduct risk deep dive activities

Salary (Rate): £80.00

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: inside IR35

Seniority Level: undetermined

Industry: Finance