Operational Risk Manager

British Business Bank plc; South Yorkshire; Hybrid; GBP 35,000 - 48,000; Full time

Job summary

A financial institution in South Yorkshire is looking for an Operational Risk Manager to provide high-quality risk oversight and support the Risk and Control Self-Assessment (RCSA) process. The ideal candidate will deliver insightful reports for senior stakeholders based on data analysis and identify emerging risks. Key benefits include flexible working, strong employer pension contribution, and generous holiday policies. This role fosters a proactive risk culture and involves close collaboration across teams.

Benefits

30 days annual leave plus bank holidays

15% employer pension contribution

Flexible working

Healthcare cash plan

Cycle to work scheme

Qualifications

• Experience in operational risk management.
• Ability to analyse and report on risk performance.
• Familiarity with Governance, Risk and Compliance tools.

Responsibilities

• Analyse risk and control performance.
• Support the RCSA process.
• Prepare reports highlighting risk themes.

Skills

Risk analysis

Data analysis

Stakeholder management

Governance, Risk and Compliance (GRC)

Job description

Operational Risk Manager

Application Deadline: 5 February 2026

Department: Risk

Employment Type: Permanent

Location: Sheffield

Compensation: £35,000 - £47,500 / year

Description

Operational Risk Manager

Location: Sheffield Hybrid Working

(Expectation that you will attend an office 2 days per week)

Contract: Permanent

Hours: Full time 37.5 hours per week/flexible days and/or hours (Mon-Fri)

Salary: £35,000 - £47,500 depending on experience

Key Benefits

• 30 days annual leave plus bank holidays, opportunity to buy and sell up to 5 days holiday
• 15% employer pension contribution
• Flexible working
• Cycle to work scheme, healthcare cash plan, Group Income Protection and life assurance
• Paid voluntary days, maternity, paternity, adoption, and shared parental leave
• Benefits designed to suit your lifestyle - from discounts on retail and dining, to health and wellbeing, travel, and technology...and plenty more

The Role

In this role you will deliver high quality risk oversight by analysing risk and control performance, supporting the Bank’s Risk and Control Self-Assessment (RCSA) process, and managing the Risk Incident Management framework. You will identify trends and emerging risks through data analysis and assurance activities, maintain the central risk and control library, and prepare clear, insightful reports for senior stakeholders that highlight key risk themes and opportunities for improvement. You will also administer and optimise the Bank’s Governance, Risk and Compliance (GRC) system and provide effective support to users.

The role supports the development of an embedded and proactive risk culture by offering pragmatic risk and control advice, providing second line oversight of key change initiatives, and developing guidance and training for colleagues across the Bank. You will work closely with firstline teams, Risk Champions and wider Risk & Compliance colleagues to promote continuous improvement and support delivery of the team’s strategic objectives, fostering effective collaborative relationships across the organisation.

Click Here to view the full job description