Operational Risk Manager

JR United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

A fast-growing challenger bank seeks an experienced Operational Risk Manager to join their Risk & Compliance team. This role offers the chance to shape the operational risk framework in a dynamic banking environment. You will lead the evolution of risk management practices, ensuring effective oversight and reporting while fostering a strong risk culture. Collaborate with senior leaders and business units to produce insightful risk analysis and drive cross-functional engagement. If you are data-savvy and have a strong operational risk background, this is an exciting opportunity to make a significant impact.

Benefits

Hybrid working

Collaborative culture

Ownership of work

Qualifications

• Extensive experience in operational risk within financial services, preferably banking.
• Proven ability to build or enhance operational risk frameworks.

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)

Data Analysis

Risk Reporting

Communication Skills

Analytical Mindset

Job description

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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:

• 50/50 hybrid working from London office
• Collaborative culture and real ownership of your work