Operational Risk Manager

Barclay Simpson; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Barclay Simpson is recruiting for an Operational Risk Manager in London to join a second line operational risk team covering a broad retail/transactional banking remit. The role reports into a Senior Operational Risk Manager and focuses on transactional banking, mortgages and private client lending, with involvement in onboarding, payments and data protection.

The team is exploring wealth market opportunities, and experience in wealth management risk would be advantageous but not essential.

Qualifications

• Strong retail/transactional banking knowledge is important.
• Second line operational risk experience preferred; first line roles may be considered if risk capability shown.

Responsibilities

• Hands-on with the business (BAU risk management, support risk/control assessments and action tracking).
• Support the ICAAP process and capital calculations.

Skills

Retail banking knowledge

Second line risk

ICAAP experience

Data analytics

Job description

A UK-based bank is looking to hire an Operational Risk Manager to join its second line Operational Risk team, covering a broad retail/transactional banking remit.

The role reports into a Senior Operational Risk Manager and will focus primarily on:

• Transactional banking (including current accounts and cards)
• Mortgages and wider private client lending (including other forms of private client lending, co-lending/co-investments and lending to directors)
• Supporting operational areas aligned to retail banking, including onboarding, payments & settlements and data protection

The business is also exploring re-entering the wealth market (early stages). Wealth management operational risk experience would be advantageous, but is not essential.

What they’re looking for

• Strong retail/transactional banking knowledge is important (feedback from the business is that this has been lacking previously)
• Second line operational risk experience is preferred; candidates from first line non-financial risk/controls roles may be considered if they can demonstrate relevant risk capability
• Ability to work “hands on” with the business (this team gets involved in BAU risk management with the first line, e.g. supporting risk/control assessments and action tracking)
• Some experience of ICAAP is ideally required (this team facilitates the ICAAP process and also completes capital calculations internally)
• Core data analytics skills (particularly needed during the ICAAP period)