Operational Risk Manager & Loan Ops Lead

Prime Personnel UK; London Borough of Islington; On-site; GBP 60,000 - 75,000; Full time

Job summary

Prime Personnel UK is helping a small European bank recruit for a dual-role position based in London. The role combines Local Operational Risk Manager duties with supporting the Transaction Management team across Credit & Loans administration.

You will manage operational risk in the 1st LoD, liaise with Head Office, and ensure controls and reporting meet policy and regulatory expectations. The role starts on-site, transitioning to a hybrid model after six months.

Qualifications

• Operational risk management experience in banking, including loan operations.
• Experience with loans processing/operations and control/risk reporting.
• Working knowledge of guarantees is advantageous.
• Strong IT and communication skills.

Responsibilities

• Manage operational risk within the 1st Line of Defense and support the Transaction Management team.
• Map processes, identify risks, and assess existing controls within the Operational Risk Framework.
• Review procedures, products, and system changes for alignment with risk appetite and policies.
• Investigate and track operational loss events and report to senior management.
• Coordinate with Head Office and liaise with clients to ensure accurate processing of loan-related activities.
• Oversee credit administration activities including documentation review and data maintenance.
• Monitor portfolio obligations and risk indicators, including covenants and valuations.
• Prepare regulatory, management, and operational risk reporting.

Skills

Risk management

Loan operations

IT skills

Communication skills

Team player

Job description

Prime Personnel UK is helping a small European bank recruit for a dual-role position based in London. The role combines Local Operational Risk Manager duties with supporting the Transaction Management team across Credit & Loans administration.

You will manage operational risk in the 1st LoD, liaise with Head Office, and ensure controls and reporting meet policy and regulatory expectations. The role starts on-site, transitioning to a hybrid model after six months.