Operational Risk Manager

Operational Risk Manager (Part-Time)

London / Hybrid

Part-Time 2-3 Days Per Week (or Equivalent)

60k - 100k per annum (pro rata) + bonus and benefits

Are you an experienced Operational Risk Manager looking for a flexible, part-time opportunity where you can make a real impact?

This is an excellent opportunity to join a highly regulated financial services environment, working closely with senior leadership to strengthen and evolve an established Operational Risk Framework. You'll play a key role in helping the business identify, assess and manage operational risk, while supporting strong governance, regulatory compliance and a positive risk culture across the organisation.

If you enjoy collaborating with stakeholders, providing constructive challenge and influencing business decisions through insightful risk management, we'd love to hear from you.

What you'll be doing

• Support the ongoing development, maintenance and continuous improvement of the Operational Risk Framework, ensuring it remains aligned with regulatory requirements and business needs.
• Coordinate and facilitate operational risk assessments across the business, reviewing and challenging departmental assessments to ensure consistency, effective control evaluation and appropriate risk scoring.
• Maintain the Operational Risk Register, monitor incidents, near misses and emerging risks, identify trends and root causes, and track risk mitigation actions through to completion.
• Assist with the development and monitoring of Key Risk Indicators (KRIs), risk appetite metrics and the annual Business-Wide Risk Assessment (BWRA).
• Produce high-quality risk reporting, dashboards and management information for senior leadership, including the Executive Risk and Compliance Committee (ERCC), while escalating significant risks and control weaknesses where appropriate.
• Support the firm's Operational Resilience programme, including scenario testing, business change initiatives, outsourcing risk reviews and strategic projects.
• Contribute to regulatory activities, including ICARA, audit responses and the review of operational risk policies and procedures.
• Promote a strong risk culture by delivering guidance, encouraging first-line ownership of risks and supporting effective risk management across the business.

What you'll bring

Essential

• Experience in an Operational Risk role within an FCA-regulated financial services organisation.
• Strong knowledge of operational risk frameworks, governance and risk management best practice.
• Experience facilitating, reviewing and constructively challenging operational risk assessments.
• Excellent analytical, organisational and report-writing skills.
• Strong stakeholder management skills with the confidence to influence and provide constructive challenge at all levels.
• A collaborative, organised and pragmatic approach with excellent attention to detail and a commitment to continuous improvement.

Desirable

• Knowledge of MIFIDPRU, ICARA and Operational Resilience requirements.
• Experience preparing reports for Executive Committees and Boards.
• Professional Risk Management qualification (IRM or equivalent).

If you've held any of these roles or used these technologies/skills, this role could be a great fit: Operational Risk Manager, Operational Risk Analyst, Risk Manager, Enterprise Risk Manager, Risk & Compliance Manager, Operational Resilience Manager, Risk Business Partner, Governance, Risk & Compliance (GRC), Enterprise Risk, FCA Regulation, Financial Services Risk, Operational Risk Frameworks, Risk Assessments, BWRA, Risk Register, Key Risk Indicators (KRIs), Risk Governance, ICARA, MIFIDPRU, Operational Resilience, Board Reporting, Executive Committee Reporting, Risk Management, IRM.

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