Operational Risk Manager

IMC Trading; Amsterdam; On-site; EUR 120,000 - 180,000; Full time

Job summary

IMC is seeking an Operational Risk Manager to lead the ORM program across Europe, focusing on both operational and prudential risk including KCF, RCSA, BCP, ICARA and Pillar 3 disclosures. The role partners with Trading, Technology and Compliance and reports to the European Head of Risk, based in Amsterdam with travel to other offices.

You will join a growing ORM team as a key contributor, collaborating with global colleagues to embed risk controls and enhance risk management practices.

Qualifications

• Minimum 5+ years in operational and prudential risk management within financial services or trading environments.
• Experience interpreting prudential regulations (IFR/IFD) and translating them into practical implementation.
• Experience with ICARA, Pillar 3 disclosures, and prudential reporting.
• Proven ability to develop and implement Operational Risk frameworks (RCSA, KCF).
• Strong understanding of financial markets, trading operations and related risk exposures.
• Excellent English communication and stakeholder management skills.

Responsibilities

• Own and enhance the Key Control Framework with testing, monitoring and assurance of firm-wide controls.
• Conduct annual Risk Assessment activities including RCSA, risk surveys and culture assessments.
• Partner with Trading, Technology, Compliance and other teams to embed risk controls in processes.
• Lead Business Continuity Planning (BCP) across European offices and testing.
• Manage IFR/IFD prudential risk for Amsterdam and London entities; ICARA and Pillar 3 disclosures.
• Engage with IFR-related working groups and regulators on prudential matters.

Skills

Operational risk management

Prudential risk management

IFR/IFD experience

RCSA

Key Control Framework

Risk culture

Stakeholder management

Leadership

English communication

Education

Bachelor's degree in Finance or Economics

Job description

About the role

We're looking for an Operational Risk Manager to join IMC's Operational Risk Management (ORM) team and lead operational risk frameworks and prudential risk across our European offices.

The key focus areas for this role are split between operational risk and prudential risk. Operational risk covers the Key Control Framework (KCF), Risk Control Self-Assessments (RCSA), risk surveys, risk culture, and Business Continuity Planning (BCP). Prudential risk focuses on IFR/IFD regulatory frameworks including the Internal Capital Adequacy and Risk Assessment (ICARA) process, Pillar 3 disclosures, prudential reporting, and participation in IFR-related working groups across associations (EPTA, APT) and regulators (FCA, DNB).

You will partner with Trading, Technology, Compliance, and other teams across the organization to ensure risk controls are appropriately embedded in systems and processes. The role reports to the European Head of Risk and is based in Amsterdam, with regular travel across our European offices (London, Zug, Aarhus). You will join a growing dedicated ORM team as the second member and collaborate with ORM colleagues globally.

Your Core Responsibilities

• Own and continuously enhance the Key Control Framework, ensuring effective testing, monitoring, and assurance of critical firm-wide controls
• Conduct annual Risk Survey, Culture assesment and Risk Control Self-Assessment process to ensure proactive and consistent identification, evaluation, and mitigation of key risks
• Partner with Trading, Technology, Compliance and other teams to ensure risk controls are appropriately embedded in systems and processes
• Lead Business Continuity Planning (BCP) processes and testing across European offices
• Lead ongoing IFR/IFD prudential risk management for Amsterdam and London entities
• Own the Internal Capital Adequacy and Risk Assessment (ICARA) process, Pillar 3 disclosures, and prudential reporting for both jurisdictions
• Participate in IFR-related working groups across associations (EPTA, APT) and engage with regulators (FCA, DNB) on prudential risk matters

Your Skills and Experience

• At least 5+ years of relevant operational & prudential risk management experience in financial services or trading environments
• Proven experience interpreting prudential risk regulations, translating them into practical implementation, and understanding how they impact the business (IFR/IFD experience preferred)
• Plus when direct experience with ICARA processes, Pillar 3 disclosures, and prudential reporting
• Demonstrated experience developing and implementing Operational Risk frameworks, including RCSA and Key Control frameworks
• Understanding of financial markets, trading operations, and associated risk exposures
• Strong analytical skills with attention to detail and ability to work with complex regulatory requirements
• Excellent stakeholder management and communication skills, with the ability to influence and engage credibly at all levels of the organization
• Leadership capabilities with ability to develop and mentor team members
• Academic background in a relevant field (finance, risk management, economics, or related disciplines)
• Excellent verbal and written communication skills in English

About Us

IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.