Operational Risk Oversight Manager

Yorkshire Building Society Group; Leeds; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking an Operational Risk Oversight Manager to join their dynamic team. In this pivotal role, you will oversee the operational risk profile during a transformative period, ensuring risks are identified and managed effectively. You will provide guidance to the first line of defence and conduct thematic reviews to assure senior stakeholders. This position offers a hybrid working model, promoting a healthy work-life balance while contributing to a culture of inclusivity and professional development. If you are passionate about risk management and stakeholder engagement, this opportunity is for you.

Benefits

25 days holiday plus Bank Holidays

Up to 15% bonus

11% pension contribution

Private medical insurance

Dental and healthcare plans

Self-service benefits portal

Qualifications

• Strong risk management experience in any of the three lines of defence.
• Ability to build and maintain relationships with key stakeholders.

Responsibilities

• Provide independent oversight of operational risks.
• Conduct thematic reviews for assurance to risk committees.

Skills

Risk Management

Stakeholder Management

Report Writing

Regulatory Knowledge

Job description

We have a great opportunity for an Operational Risk Oversight Manager to join our second line of defence Operational Risk Oversight team. The Society is embarking on an exciting period of significant transformational change, and your role will be to provide risk oversight of the operational risk profile.

About the role

• Provide independent ‘check and challenge’ of operational risks
• Provide advice and guidance to the first line of defence to ensure operational risks are identified, assessed and appropriately managed
• Undertake regular and frequent continuous monitoring reviews of programme risks providing prompt and timely feedback to the programme teams
• Plan and deliver thematic reviews to provide assurance to the Executive Risk Committee and Board Risk Committee over operational risks
• Liaise with colleagues in the first and third lines of defence to share findings and agree actions
• Build and maintain relationships with key stakeholders to be a trusted advisor
• Support the senior managers with risk reporting and planning

We encourage flexible working, so please get in touch if you'd like to discuss flexible hours. Our Operational Risk team work on a hybrid basis between home and our Leeds and Bradford offices.

About you

• Strong risk management experience gained in any of the three lines of defence. Ability to work autonomously and make appropriate assessments of risk and control frameworks, demonstrating excellent business judgement
• Ability to build and maintain relationships with key stakeholders across the business.
• Pragmatic, but with the ability to become a trusted advisor to the business to deliver difficult messages when necessary
• Ability to write succinct reports that clearly articulate the issues for senior stakeholders
• Knowledge of the financial services regulatory environment

About us

At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.

Flexibility. We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you. We’re happy to talk flexible working and you can reach out to us anytime to discuss this during the recruitment process.

Development. We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.

Inclusivity. We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.

About our Benefits

We offer lots of fantastic rewards that you can make the most of in and out of work, including:

• Holiday. You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.
• Bonus. At YBS we work collaboratively and share in our success together, so when we reach our goals were all rewarded with an on target bonus of 7% of eligible pay (with the opportunity to earn up to a maximum 15%).
• Pension. We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension.
• Healthcare. Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.
• My Benefits. When you join YBS you’ll have access to our self-service benefits portal, where you can access a range of retail, hospitality and health discounts.

Ready to apply?

If you’re excited about this role and want to be part of the YBS team, click apply now to send us your application.

Want more information?

If you have any questions about this role, please contact Olivia Lambert at [e-mail]