Senior Operational Risk Framework Lead - Hybrid FS

Change Recruitment; Glasgow; Hybrid; GBP 81,000 - 99,000; Full time

Benefits offered by this job

Pension 7.5%

Birthday leave

Holiday entitlement

Job summary

Change Recruitment is seeking an Operational Risk Framework Lead to drive the first line risk approach in a large regulated operation. The role is based in Glasgow or Edinburgh with a hybrid pattern, starting around 60% office-based and reducing to about two days per week.

You will refine the framework, embed practical risk management, and report clearly to senior stakeholders. The successful candidate will have extensive operational risk experience in financial services, experience embedding

Qualifications

• Strong operational risk experience within a large regulated operation.
• Practical experience developing or embedding risk management frameworks.
• Strong understanding of RCSAs, risk events, controls, control effectiveness, risk reporting.

Responsibilities

• Take ownership of the first line Operational Risk approach across a significant operational business.
• Review the current Risk Management Framework and identify where it needs to become more practical, accessible and proportionate.
• Lead Risk and Control Self Assessments across the operation.
• Create stronger links between identified risks, audited controls and control effectiveness.
• Improve the quality of risk data, risk registers, risk ratings and action tracking.
• Develop meaningful risk reporting that gives senior management a clear picture of the actual risk profile.
• Ensure reporting highlights themes, deteriorating controls, emerging risks and areas requiring management attention.
• Help establish clear risk appetite and tolerances so operational teams understand when something is acceptable, when it is approaching tolerance and when escalation is required.
• Improve risk event identification, root cause analysis and lessons learned.
• Ensure risk events result in sensible actions that address the underlying issue rather than simply closing an action
• Establish a clearer distinction between operational risk events and customer complaints so the two are treated appropriately
• Work closely across the first, second and third lines of defence while maintaining clear accountability for where risk ownership sits
• Challenge existing processes where they do not make sense, while proposing practical alternatives
• Build greater risk capability across the business through coaching, communication and targeted training
• Support senior leadership with clear, concise insight into the biggest risks facing the operation

Skills

Operational risk

Risk frameworks

RCSAs

Stakeholder management

Independent working

Job description

Change Recruitment is seeking an Operational Risk Framework Lead to drive the first line risk approach in a large regulated operation. The role is based in Glasgow or Edinburgh with a hybrid pattern, starting around 60% office-based and reducing to about two days per week.

You will refine the framework, embed practical risk management, and report clearly to senior stakeholders. The successful candidate will have extensive operational risk experience in financial services, experience embedding