Risk Manager - Operations

ZipRecruiter; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A prominent bank in London is seeking a Risk Manager - Operations. This role involves providing oversight for the Bank's Enterprise and Operational Risk management. The successful applicant will be responsible for risk reporting, developing governance tools, and enhancing operational resilience.

Qualifications

• At least 5 years’ experience in operational risk.
• Second line experience in a bank.

Responsibilities

• Collate risk reporting for Executive Risk and Compliance committees.
• Develop and operate the Bank’s Governance Risk and Compliance (GRC) tool.
• Oversee Risk and Control Self Assessments and Key Risk Indicators.

Skills

Interpersonal skills

Written communication

Verbal communication

Prioritization

Education

Qualification in Operational Risk Management

Job description

Job Description

Bank of London offers a safer business banking model by holding all deposits at the Bank of England, eliminating the risk of 'bank runs.' It provides services such as Deposit-as-a-Service (DaaS), Embedded Banking, real-time Clearing, Payments, and Settlement, as well as Commercial Banking tailored to businesses. Powered by proprietary technology, the bank collaborates with SAP Fioneer to deliver innovative solutions. With a focus on exceptional service and core values of compassion, ownership, and curiosity, the bank strives for excellence in all it does.

We are currently looking for a Risk Manager - Operations, you will be responsible for providing second line review, challenge and oversight of the Bank’s monitoring, measurement and management of Enterprise and Operational Risk.

Responsibilities

· Collate risk reporting for the Executive Risk and Compliance and Board Risk Committees to ensure compliance with risk appetite

· Conduct ‘deep dives’ into key topics forOperational Risk

· Help develop, implement and then operate theBank’s new Governance Risk and Compliance (GRC) tool

· Support the Deputy Chief Risk Officer

· Communicate with colleagues across the Bank

·Oversee the Bank’s risk methodologies from a second line perspective, utilising the GRC tool, including the operation of:

· Risk and Control Self Assessments

· Key Risk Indicators

· Issues and actions

· Risk Taxonomy and Control Library

· Risk policy management

· Operational Resilience

· Operational Risk Scenarios

· Incidents/Operational Risk Events

· Operational Risk losses and near misses

Requirements:

· At least 5 years’ experience in an operational risk related role, including:

· Working for a bank

· Second line experience

· Strong interpersonal skills

· Strong written and verbal communication skills

· Used to prioritising tasks in a fast-moving environment

· A qualification in Operational Risk Management would be an advantage

Location

· London (5 days per week in the office)

· Travel to other locations may be required on occasion.

Bank of London is an equal opportunity employer committed to , and belonging. All qualified applicants are welcome and will receive consideration for employment without regard to , , , or expression, , , or and expression, transgender, , or military veteran status.