Operational Risk Manager: AI & Data Analytics

Investec; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

Investec is seeking an Operational Risk Manager to join its Operational Risk team in the second line of defence. This role focuses on independent oversight of operational risks across Private and Transactional Banking products and payment services, with emphasis on AI and data analytics to drive proactive risk identification.

You will facilitate risk assessments, review events and outcomes, and support ICAAP and thematic reviews while engaging with stakeholders at all levels.

Qualifications

• Thorough understanding of risks and controls within a financial services company.
• Knowledge of Regulatory risks and Risk management in Financial Institutions.
• Detailed knowledge of operational risk management methodologies and principles.
• Data analytics capabilities.
• A good working knowledge of Microsoft Office (Excel, Word and PowerPoint).

Responsibilities

• Facilitation of risk assessments with business units and support functions, including full end to end transaction lifecycle reviews.
• Timely capture and review of operational risk events, with appropriate escalation and root cause trend analysis.
• Manage the scenario analysis process which feeds into the Bank's ICAAP.
• Assist in the planning and execution of thematic reviews based on external or internal events.
• Training - promote operational risk awareness and conduct training where required.
• Compile risk governance forums reports to highlight key risks and events.
• Participation in Operational Risk forums and working groups.
• Review and participate in the approval forums for new products, businesses and projects.
• Review third party services monitoring & oversight and exit strategies.

Skills

Risk management

Regulatory risk

Data analytics

Microsoft Office

Communication

Attention to detail

Organisational skills

Job description

Investec is seeking an Operational Risk Manager to join its Operational Risk team in the second line of defence. This role focuses on independent oversight of operational risks across Private and Transactional Banking products and payment services, with emphasis on AI and data analytics to drive proactive risk identification.

You will facilitate risk assessments, review events and outcomes, and support ICAAP and thematic reviews while engaging with stakeholders at all levels.