Operational Risk Manager

ZipRecruiter; London; Hybrid; GBP 65,000 - 75,000; Full time

Job summary

An innovative challenger bank is seeking an experienced Operational Risk Manager to enhance their risk management framework. In this pivotal role, you will collaborate with various business units and senior leadership to ensure effective risk oversight and reporting. Your analytical mindset and data-savvy approach will help shape a robust risk culture while producing insightful risk analyses. This opportunity offers a collaborative work environment with real ownership of your contributions, as well as a competitive salary and hybrid working model.

Benefits

Hybrid working

Collaborative culture

Ownership of work

Qualifications

• Strong operational risk experience within financial services, ideally banking.
• A solid grasp of PRA/FCA regulatory expectations.

Responsibilities

• Support the design and rollout of the operational risk framework and policies.
• Produce clear, concise risk reports for the board and senior management.

Skills

Operational Risk Management

Regulatory Compliance (PRA/FCA)

Risk Analysis

Data Analysis

Communication Skills

Job description

Job Description

Operational Risk Manager – Challenger Bank | £65,000–£75,000

A fast-growing challenger bank is looking for an experienced Operational Risk Manager to join their Risk & Compliance team. This is a great opportunity to shape how operational risk is managed in a dynamic, banking environment

The role:

You’ll help lead the evolution of the bank’s operational risk framework—working closely with business units, senior leaders, and risk champions to ensure effective oversight, challenge, and reporting. You'll produce insightful risk analysis, run deep dives on incidents, and help embed a strong risk culture across the organisation.

What you'll be doing:

• Support the design and rollout of the operational risk framework and policies
• Guide business areas through the Risk & Control Self-Assessment (RCSA) process
• Monitor key risks, controls, incidents, and corrective actions
• Produce clear, concise risk reports for the board and senior management
• Lead thematic reviews and track emerging risk trends
• Chair the Risk Champion forum and drive cross-functional engagement

What you'll bring:

• Strong operational risk experience within financial services—ideally banking
• A solid grasp of PRA/FCA regulatory expectations
• A track record of building or enhancing operational risk frameworks
• Confident communicator with the ability to influence at all levels
• Data-savvy—comfortable turning risk data into useful insight
• Analytical mindset and a drive to improve how risk is managed

What’s on offer:

• £65,000–£75,000 salary
• 50/50 hybrid working from London office
• Collaborative culture and real ownership of your work