Operational Risk Lead - 6m Contract

Marks Sattin; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading international corporate bank is seeking an experienced Operational Risk Lead to join its London risk team on a 6-month contract. The ideal candidate will have over 3 years of operational risk management experience within corporate or wholesale banking. Responsibilities include leading the Operational Risk Framework, driving RCSA programmes, and preparing reports for senior committees. The position requires immediate availability and strong knowledge of UK operational risk regulations.

Qualifications

• 3+ years of operational risk experience within corporate or wholesale banking.
• Strong knowledge of UK operational risk regulatory requirements.
• Experience with wholesale banking products and operational processes.

Responsibilities

• Lead and enhance the Bank’s Operational Risk Framework.
• Drive the Risk & Control Self-Assessment (RCSA) programme.
• Develop and oversee the Key Risk Indicator (KRI) framework.
• Analyse operational risk events and produce MI for senior management.
• Prepare reporting for senior committees including Risk Committee.

Skills

Operational Risk Management

Stakeholder Influence

Risk Event Analysis

RCSA Implementation

KRI Framework Development

Education

Degree in Finance, Accounting, Economics

Job description

Operational Risk Lead – 6 Month Contract, Corporate Bank

Location: London, Onsite

An established international corporate bank with a strong global footprint is seeking an experienced Operational Risk Lead to join the London risk team on an initial 6 month contract (with possible further 6 month extension)

You must have 3+ Years of Operational Risk experience within corporate or wholesale banking. You must have proven experience in implementing RCSAs, KRIs, risk event processes and scenario analysis.

You must be immediately available to start the contract or on a short notice period.

Key Responsibilities

• Lead and enhance the Bank’s Operational Risk Framework, ensuring ongoing regulatory compliance
• Drive and embed the Risk & Control Self-Assessment (RCSA) programme across all departments
• Review and challenge risk assessments, ensuring completeness and quality
• Develop, refine and oversee the Key Risk Indicator (KRI) framework and reporting
• Analyse operational risk events, track remediation actions, and produce meaningful MI for senior management and committees
• Deliver operational risk training across the Branch
• Facilitate scenario analysis workshops and support stress/scenario testing exercises
• Prepare reporting for senior committees, including Risk Committee and executive forums
• Support continuous improvement of methodologies for measuring operational risk exposure
• Liaise with Group functions and contribute to regulatory engagement where required
• Provide cross-team support within the Risk function when necessary

Requirements:

• Immediately available to start employment or on a short notice period.
• Extensive experience in operational risk management within corporate, wholesale banking.
• Strong knowledge of UK operational risk regulatory requirements
• Degree educated (finance, accounting, economics or other numerate discipline) and/or relevant professional qualification
• Proven experience implementing RCSAs, KRIs, risk event processes and scenario analysis
• Confident communicator with the ability to influence senior stakeholders and provide constructive challenge
• Experience working with wholesale banking products and operational processes