Operational Risk Manager

Marlin Selection Recruitment; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

Marlin Selection Recruitment is supporting a leading international commodities trading firm in London in their search for an Operational Risk Manager. You will develop and implement risk management across European entities, strengthen controls, and support new business initiatives.

The role requires strong analytical skills, experience in risk reporting, and the ability to engage with senior management across the business.

Qualifications

• Proven experience in Operational Risk Management, risk and controls, or a related discipline within a complex commercial environment.
• Strong understanding of operational risk frameworks, risk assessments, control monitoring and mitigation strategies.
• Experience within commodities trading, energy, financial services or a similar fast-paced, commercially driven industry would be advantageous.
• Strong analytical skills, with experience in risk reporting, data analysis and identifying trends or areas for improvement.
• Excellent stakeholder management and communication skills, with the ability to engage effectively with senior management and business teams.
• A proactive and inquisitive approach, with the ability to challenge existing processes and drive improvements to risk and control practices.

Responsibilities

• Act as a subject matter expert in Operational Risk, providing advice and guidance to senior management and business stakeholders.
• Develop and maintain operational risk frameworks to identify, assess and mitigate risks across commercial and operational activities.
• Manage the New Business Assurance process, providing risk oversight for new strategic initiatives and operational projects.
• Support Risk Control Self-Assessments (RCSA), governance reporting and compliance with internal policies, audit requirements and external regulations.
• Conduct incident investigations, identify root causes and implement lessons learned to drive continuous improvement.
• Produce monthly Trader KPI reports, analysing performance, key risk indicators, policy compliance and areas requiring further investigation.

Skills

Risk management

Risk frameworks

Data analysis

Stakeholder mgmt

Industry knowledge

Commercial awareness

Job description

Our client, a leading international commodities trading firm, is seeking an Operational Risk Manager to join their team in London. The successful candidate will support the development and implementation of operational risk management across the organisation's European entities, helping to strengthen risk frameworks, enhance controls and support new business initiatives.

Your responsibilities will include:

• Act as a subject matter expert in Operational Risk, providing advice and guidance to senior management and business stakeholders.
• Develop and maintain operational risk frameworks to identify, assess and mitigate risks across commercial and operational activities.
• Manage the New Business Assurance process, providing risk oversight for new strategic initiatives and operational projects.
• Support Risk Control Self-Assessments (RCSA), governance reporting and compliance with internal policies, audit requirements and external regulations.
• Conduct incident investigations, identify root causes and implement lessons learned to drive continuous improvement.
• Produce monthly Trader KPI reports, analysing performance, key risk indicators, policy compliance and areas requiring further investigation.

You will need to have the following:

• Proven experience in Operational Risk Management, risk and controls, or a related discipline within a complex commercial environment.
• Strong understanding of operational risk frameworks, risk assessments, control monitoring and mitigation strategies.
• Experience within commodities trading, energy, financial services or a similar fast-paced, commercially driven industry would be advantageous.
• Strong analytical skills, with experience in risk reporting, data analysis and identifying trends or areas for improvement.
• Excellent stakeholder management and communication skills, with the ability to engage effectively with senior management and business teams.
• A proactive and inquisitive approach, with the ability to challenge existing processes and drive improvements to risk and control practices.