Manager - Operational Risk Oversight

Yorkshire Building Society; Ledston; On-site; GBP 70,000 - 90,000; Full time

Benefits offered by this job

Holiday entitlement

Bonus plan

Pension scheme

Private medical insurance

Employee benefits portal

Job summary

Yorkshire Building Society is seeking a Manager – Operational Risk Oversight to join its second line and provide independent oversight across a broad risk landscape. You will assess how risks are identified, reported, managed and mitigated, delivering clear, evidence-based insight to help senior leaders make informed decisions.

You will plan and deliver thematic reviews, provide constructive challenge, and represent the second line in risk forums and steering groups.

Qualifications

• Strong operational risk experience within financial services.
• Subject matter expertise in at least one operational risk area.
• Experience assessing risk and control frameworks and translating findings into practical actions.
• Credibility and communication skills to influence senior stakeholders and deliver difficult messages.
• Strong written skills to produce succinct, decision-useful reports.

Responsibilities

• Independently plan and deliver thematic oversight reviews across operational risk areas (technology, change, cyber, BCM, data, third parties, health and safety, payments, resilience).
• Provide proportionate, constructive challenge and practical advice to strengthen risk and control frameworks.
• Represent the second line at risk forums, project steering groups and working groups, ensuring risks/themes are visible and escalated.
• Turn complex information into concise reporting and insight for senior management, Executive and Board-level audiences.
• Support embedding of the Enterprise Risk Management Framework and a risk-aware culture.
• Monitor emerging risks, regulatory expectations and industry practice to shape oversight activity and priorities.
• Collaborate across all three lines of defence and share findings for joined-up risk management.

Skills

Operational risk experience

Executive stakeholder communication

Risk and control framework assessment

Clear reporting to senior audiences

Risk escalation and challenge

Job description

Job Description

Help us strengthen how operational risk is understood, challenged and managed across the Society. This is an opportunity to join our second line Operational Risk Oversight team, providing independent oversight and constructive challenge across a broad and evolving risk landscape. Your insight will help senior leaders make well-informed decisions and support the safe, sustainable delivery of our strategy.

Manager – Operational Risk Oversight

As Manager - Operational Risk Oversight, you will work closely with first line stakeholders, including Directors, to assess how effectively operational risks are identified, reported, managed and mitigated. You will combine thematic reviews, continuous oversight and horizon scanning to provide clear, evidence-based insight and challenge.

About the role

As Manager - Operational Risk Oversight, you will work closely with first line stakeholders, including Directors, to assess how effectively operational risks are identified, reported, managed and mitigated. You will combine thematic reviews, continuous oversight and horizon scanning to provide clear, evidence-based insight and challenge.

You will:

• Independently plan and deliver thematic oversight reviews across operational risk areas, including technology, change, cyber, business continuity, data, third parties, health and safety, payments and operational resilience.

• Provide proportionate, constructive challenge and practical advice to help the first line strengthen risk and control frameworks.

• Represent the second line at risk forums, project steering groups and working groups, ensuring key risks and themes are visible and appropriately escalated.

• Turn complex information into concise reporting and insight for senior management, Executive and Board-level audiences.

• Support the continued embedding of the Enterprise Risk Management Framework and a strong, risk‑aware culture.

• Monitor emerging risks, regulatory expectations and relevant industry practice, using these insights to shape oversight activity and priorities.

• Work collaboratively across all three lines of defence, sharing findings and supporting joined‑up risk management.

About you

You will bring sound judgement, curiosity and the confidence to challenge constructively. Comfortable working independently, you will know when to go into detail and when to step back and connect themes, helping stakeholders understand both the immediate issue and the wider risk implications.

We are looking for:

• Strong operational risk experience gained within financial services, either in a first line operational role or in risk, compliance or internal audit.

• Demonstrable subject matter expertise in at least one operational risk area.

• Experience assessing risk and control frameworks and translating findings into clear, practical actions.

• The credibility and communication skills to influence senior stakeholders and deliver difficult messages in a balanced, constructive way.

• Strong written skills, with the ability to produce succinct, decision‑useful reports for senior audiences.

About us

At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.

Flexibility.

We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you. We’re happy to talk flexible working and you can reach out to us anytime to discuss this during the recruitment process.

Development.

We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.

Inclusivity.

We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.

About our Benefits

We offer lots of fantastic rewards that you can make the most of in and out of work, including:

• Holiday. You’ll get 28 days plus Bank Holidays, as well as the option to buy up to a further 5 days.

• Bonus. At YBS we work collaboratively and share in our success together, so when we reach our goals were all rewarded with an on target bonus of 7% of eligible pay (with the opportunity to earn up to a maximum 15%).

• Pension. We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension.

• Healthcare. Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.

• My Benefits. When you join YBS you’ll have access to our self‑service benefits portal, where you can access a range of retail, hospitality and health discounts.