Operational Risk Manager

JR United Kingdom; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading global financial institution in London is seeking an Operational Risk Manager to oversee risk activities within capital markets. You will work closely with front-office leaders and take charge of risk assessments and reporting. The ideal candidate has experience in operational risk, strong analytical abilities, and excellent communication skills. This position offers competitive compensation and a hybrid working model.

Benefits

Competitive compensation

Clear pathways for progression

Collaborative work environment

Qualifications

• Proven experience in operational risk, enterprise risk, internal audit, or controls, ideally in capital markets.
• Strong understanding of non-financial risk management frameworks.
• Exceptional analytical skills with the ability to manage large data sets.

Responsibilities

• Own and drive execution of operational risk activities.
• Lead risk and control self-assessments.
• Manage and investigate operational risk events.

Skills

Operational Risk

Enterprise Risk

Internal Audit

Stakeholder Management

Analytical Skills

Tools

Risk systems

Reporting tools

Job description

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Operational Risk Manager, london (city of london)

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Client:

ETRA Talent

Location:

london (city of london), United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

1

Posted:

22.08.2025

Expiry Date:

06.10.2025

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Job Description:

? Operational Risk Manager – Capital Markets | Global Financial Institution | London (Hybrid) ?

Are you a proactive and commercially minded Operational Risk professional with experience supporting capital markets or sell-side trading desks? This is a rare opportunity to step into a visible, high-impact role at a top-tier global financial services firm, where you’ll work at the heart of risk oversight in a dynamic front-office environment.

You’ll join a team that partners directly with senior stakeholders across trading, operations, and risk functions, playing a critical role in embedding a robust risk culture and driving forward the

operational risk agenda in a constantly evolving regulatory and market landscape.

? What You’ll Be Doing

• Own and drive the execution of Operational Risk activities across the capital markets business, with a specific focus on first-line trading and support functions.
• Lead risk and control self-assessments (RCSAs), working hands-on with the front office and support teams to validate control effectiveness and identify emerging risks.
• Manage and investigate operational risk events, conducting root cause analysis, coordinating remediation efforts, and embedding lessons learned.
• Produce and deliver high-quality risk reporting and MI to senior management, including risk dashboards, thematic reviews, and committee packs.
• Shape the evolution of the Operational Risk Framework, enhancing processes such as change risk assessments, scenario analysis, and key risk indicators (KRIs).
• Be the go-to risk advisor for business units launching new products or entering new markets, ensuring that risk is fully understood and addressed.
• Champion a culture of accountability and transparency, working closely with 1LoD and 2LoD teams to build strong governance and drive continuous improvement.
• Represent Operational Risk at internal forums, regulatory meetings, and cross-functional working groups.

What We’re Looking For

• Proven experience in Operational Risk, Enterprise Risk, Internal Audit, or Controls, with a strong track record in sell-side capital markets environments (e.g. trading, sales, or front-office support).
• Strong working knowledge of non-financial risk management frameworks, regulatory expectations, and industry best practices (e.g. Basel II/III, COSO, ERM).
• Exceptional analytical skills — you're comfortable with large data sets and can cut through complexity to identify themes and risks.
• Excellent communication and stakeholder management skills — you know how to influence senior stakeholders and drive risk-conscious decisions.
• Resilient and adaptable — you thrive in fast-paced, regulated environments and are confident working across multiple priorities.
• A continuous improvement mindset — always looking for ways to enhance the control environment and risk culture.
• Experience with risk systems, dashboards, and reporting tools is a plus.

? Why Join?

• Work closely with front-office leaders in a fast-paced and intellectually engaging environment.
• Shape the operational risk strategy at a business-critical level.
• Be part of a firm that values innovation, collaboration, and empowerment.
• Competitive compensation and clear pathways for progression.

If you're looking to take the next step in your risk career and want to make an impact where it matters most — in the engine room of global markets — we’d love to hear from you.