Operational Risk Manager

Bucks and Berks Recruitment; Slough; Hybrid; GBP 60,000 - 65,000; Full time

Job summary

A leading recruitment agency is seeking an experienced Operational Risk Manager to enhance the risk framework within an organization based in Slough. The ideal candidate will drive the management of Operational Risk, ensuring compliance and effectiveness. This office-based role offers a salary of £60,000 - £65,000 annually, with hybrid working options available after probation, allowing for 3 days in the office and 2 days at home.

Benefits

Company car

Hybrid working after probation

Qualifications

• Experience in operational risk management.
• Proven ability to drive continuous improvement in risk processes.

Responsibilities

• Oversee and manage all aspects of Operational Risk across the organisation.
• Identify, measure, and monitor potential risks.
• Conduct quarterly second-line controls on risks.

Skills

Proactive risk management

Ownership of risk processes

Collaboration with stakeholders

Conducting business impact assessments

Root-cause analysis

Job description

Our client is looking for a proactive and experienced Operational Risk Manager to support the Head of Risk in overseeing and managing all aspects of Operational Risk across the organisation. In this newly created key role, you will play a vital part in strengthening our client's risk framework and driving continuous improvement.

The ideal candidate will take ownership of risk processes and delivering on actions required to reduce Operational Risk.

£60,000 - £65,000 per annum plus benefits including company car

Office-based in Slough , hybrid working after probation (3 days in office, 2 at home)

Key Responsibilities

• Identify, measure, and monitor potential risks across the business, collaborating closely with key stakeholders.
• Conduct business impact assessments to highlight potential risks.
• Perform quarterly second-line controls, ensuring risks are properly managed and developing action plans to address any issues.
• Lead and manage the annual Operational Risk Mapping process, applying Basel risk categories to ensure comprehensive risk oversight across the organisation.
• Test the adequacy and effectiveness of first line controls.
• Carry out root-cause analysis of operational events and develop strategies to prevent recurrence.
• Support both ad-hoc and recurring risk projects, including segregation‑of‑duties analysis.

Collaborate with colleagues on new ...