159 AI Risk Manager jobs in London

Key information:

• 6 month FTC
• Title: Operational Risk Manager
• Salary: Up to £105k base
• Hybrid working: 2 days in the London office 3 from home

Purpose of the role

To support management in the implementation of the operational risk management framework and provide expert knowledge and guidance to business units and group functions on all elements of operational risk. To work collaboratively in a relationship management approach, successfully implementing the framework elements and promoting a culture of clear ownership, accountability and responsibility for Operational Risk Management.

The ideal candidate will have subject Matter Expertise in one or more of the following areas:

• Fraud
• Business Continuity/Operational Resilience
• Change and Delivery Risk
• Third Party Management
• Transaction Processing
• Legal Risk

Skills & Experience

Essential

• 5+ years experience of working within Operational Risk within Banking (or broader Financial Services)
• Maintaining a good understanding of current Bank relevant risks / issues / events enabling constructive challenge and informative reporting.
• Strong analysis skills and high levels of accuracy and attention to detail.
• Sound reporting skills – ability to translate data into information.
• Excellent communication, organisational and influencing skills with the ability to engage with colleagues of all levels across the organization and able to draft reports to senior leaders and Executive Committees.

Our client, a highly regarded multi asset Investment firm are looking for an experience Operational Risk Manager to oversee operational risk globally and will be responsible for developing, implementing, and maintaining a robust risk management framework to identify, assess, mitigate, and monitor risks across the organisation.

Role & Responsibilities

• Develop and oversee the firm’s Operational Risk Management framework, ensuring it is fit-for-purpose and aligned with regulatory expectations and industry best practices.
• Lead periodic reviews and updates of risk policies, procedures, and controls.
• Identify, assess, and monitor operational risks across different business units and functions.
• Develop and implement Key Risk Indicators (KRIs) and control testing frameworks to measure and manage operational risks.
• Establish incident reporting and risk event analysis processes to identify root causes and prevent recurrence.
• Collaborate with process owners to enhance internal controls and risk mitigation measures.
• Manage the business continuity planning (BCP) and crisis management initiatives.
• Conduct scenario analysis and stress testing to evaluate potential operational risk exposures.
• Manage error/incident reporting process including reporting to management, remediation tracking and resolution of any issues.

Background & Experience

• The ideal candidate will have a strong background in risk management, excellent analytical skills, and the ability to work cross-functionally to foster a risk-aware culture.
• You will have approximately 10 years’ experience of operating in an operational risk management role within the Asset Management or Wealth Management space.
• Strong grasp of best practices in risk identification, assessment, mitigation, and reporting.
• Ability to work independently, take initiative, drive change and manage a diverse range of matters while collaborating with the wider business across jurisdictions and escalating issues when and if necessary.
• Excellent analytical skills and problem-solving skills.
• Strong communication and inter-personal skills with the ability to engage effectively with internal stakeholders across all levels of the business and our external partners in an international environment.
• Well-organised with excellent attention to detail and strong time management skills, able to prioritise competing demands in a fast-paced environment.
• A genuine interest in the financial services sector and a clear and articulate understanding of the regulatory environment and key risks impacting investment management businesses.

Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted.

A global Tier 1 Bank are looking for an Operational Risk Expert to join on an initial 6 month contract

You will be required to support the following operational risk management activities:

• Management and documentation of operational risk events
• Review and tracking of issues and actions
• Control assessment
• Team administration activities
• Entering risks, controls, and assessments into the system of record (Archer)

Additional experience in the following is desirable:

• Wealth Management
• Archer
• Business & Stakeholder relationship management from an Ops Risk perspective

The role is based in central London with office in Bishopsgate. Hybrid working policy with requirement of 3-4 days per week in office. Initial length of contract is 6 months with potential to extend further/convert into a permanent role.

Rate is up to 623pd inside IR35 DOE.

Please click here to find out more about our Key Information Documents. Please note that the documents provided contain generic information. If we are successful in finding you an assignment, you will receive a Key Information Document which will be specific to the vendor set-up you have chosen and your placement.

To find out more about Huxley, please visit (url removed)

Huxley, a trading division of SThree Partnership LLP is acting as an Employment Business in relation to this vacancy | Registered office | 8 Bishopsgate, London, EC2N 4BQ, United Kingdom | Partnership Number | OC(phone number removed) England and Wales

We are assisting a global asset manager with this newly created role

Responsibilties:

• Design and implement the key operational risk frameworks
• Liaise with the business itself , advising as appropriate
• Contribute to , and enhance , the corporate governance culture

You"ll need some operational risk experience , ideally from the buy-side and a keen work ethic

The role provides second line oversight and challenge, enables controls, business management and

operational teams to make appropriate risk-aware decisions, supports group executives to understand

risk exposures in context of strategic decisions, and achieves regulatory objectives for operational risk

management.

Key Responsibilities

Operational Risk Management

• Board and risk committee core and special paper reporting on a monthly and quarterly

cadence

• Support the Head of Governance and Reporting and business aligned Operational Risk

Managers in embedding the Operational Risk Framework across the Group’s businesses.

• Engage with stakeholders at Senior Management levels across the Group providing

support for risk-based decision making and assurance on controls efficacy.

• Provide supporting toolsets that enable businesses and functions to effectively manage

and demonstrate management of their operational risks, including for:

o Risk & Controls Self-Assessments

o Loss event capture and root cause analysis

o Key risk and control indicator measurement and reporting

• Provide input to the periodic refresh of the Group’s operational risk appetite, KRIs,

Operational Risk Policy and Standards

• Provide direction, advice and independent challenge to business and functional teams

regarding operational risk exposures to improve the risk and control environment

• Enhance and operate a reporting framework to measure operational risk exposures in a

manner that facilitates Group and business-level decision making and review of exposures

relative to appetite.

• Report on the operational risk profile, emerging operational risks and regular management

information to the Risk & Compliance Committees, providing information into the monthly

risk summaries, and attending meetings upon request.

• Support the Head of Governance and Reporting – Operational Risk with strategic projects

and other ad-hoc activities.

• Core framework activities include reporting against risk and control self-assessments

(RCSAs), key risk indicators (KRIs) and risk event management.

• Support on the delivery of regulatory reporting submissions such as Co-Rep

• Perform topical analysis to identify, evaluate and understand themes in risk events,

indicators and management reports.

• Produce regular MI reports for key stakeholders including senior management, working

groups and perform regular and ad hoc data analysis exercises for regulatory submissions,

committee papers, and ad hoc topical queries.

Operational Risk System Management

• Develop and maintain a strong working knowledge of the Group’s operational risk

management system, and where required, support risk management SMEs in their use of

it.

Internal

• Facilitate the periodic risk framework activities within the system, engaging with business

stakeholders to ensure satisfactory completion to deadlines of central activities such as

RCSA, and monthly reporting.

• Operate as a point of contact for business and risk staff who have queries regarding the

system, associated processes and associated reports.

People

• Coach, mentor, and develop staff, including overseeing new employee onboarding and

providing career development planning and opportunities.

• Provide oversight and direction to employees in accordance with the firm's policies,

procedures, standards and SLAs.

• Hold regular one-to-ones with direct report(s) ensuring that feedback is provided in a

constructive way whilst working with the employee to facilitate personal development

• Ensure that an effective performance review is operated in line with the Groups guidelines,

including setting objectives, personal development planning and performance standards

with all direct reports.

• Working with the Head of Governance and Reporting – Operational Risk, develop a culture

of performance management, improvement and appraisal as a foundation for excellent

organisational performance.

Risk & Compliance

• Ensure that relevant Governance and Compliance requirements are adhered to and all

reporting and reviewing activities required by the Regulatory Bodies are carried out to the

standards required.

The role provides second line oversight and challenge, enables controls, business management and

operational teams to make appropriate risk-aware decisions, supports group executives to understand

risk exposures in context of strategic decisions, and achieves regulatory objectives for operational risk

management.

Key Responsibilities

Operational Risk Management

• Board and risk committee core and special paper reporting on a monthly and quarterly

cadence

• Support the Head of Governance and Reporting and business aligned Operational Risk

Managers in embedding the Operational Risk Framework across the Group’s businesses.

• Engage with stakeholders at Senior Management levels across the Group providing

support for risk-based decision making and assurance on controls efficacy.

• Provide supporting toolsets that enable businesses and functions to effectively manage

and demonstrate management of their operational risks, including for:

o Risk & Controls Self-Assessments

o Loss event capture and root cause analysis

o Key risk and control indicator measurement and reporting

• Provide input to the periodic refresh of the Group’s operational risk appetite, KRIs,

Operational Risk Policy and Standards

• Provide direction, advice and independent challenge to business and functional teams

regarding operational risk exposures to improve the risk and control environment

• Enhance and operate a reporting framework to measure operational risk exposures in a

manner that facilitates Group and business-level decision making and review of exposures

relative to appetite.

• Report on the operational risk profile, emerging operational risks and regular management

information to the Risk & Compliance Committees, providing information into the monthly

risk summaries, and attending meetings upon request.

• Support the Head of Governance and Reporting – Operational Risk with strategic projects

and other ad-hoc activities.

• Core framework activities include reporting against risk and control self-assessments

(RCSAs), key risk indicators (KRIs) and risk event management.

• Support on the delivery of regulatory reporting submissions such as Co-Rep

• Perform topical analysis to identify, evaluate and understand themes in risk events,

indicators and management reports.

• Produce regular MI reports for key stakeholders including senior management, working

groups and perform regular and ad hoc data analysis exercises for regulatory submissions,

committee papers, and ad hoc topical queries.

Operational Risk System Management

• Develop and maintain a strong working knowledge of the Group’s operational risk

management system, and where required, support risk management SMEs in their use of

it.

Internal

• Facilitate the periodic risk framework activities within the system, engaging with business

stakeholders to ensure satisfactory completion to deadlines of central activities such as

RCSA, and monthly reporting.

• Operate as a point of contact for business and risk staff who have queries regarding the

system, associated processes and associated reports.

People

• Coach, mentor, and develop staff, including overseeing new employee onboarding and

providing career development planning and opportunities.

• Provide oversight and direction to employees in accordance with the firm's policies,

procedures, standards and SLAs.

• Hold regular one-to-ones with direct report(s) ensuring that feedback is provided in a

constructive way whilst working with the employee to facilitate personal development

• Ensure that an effective performance review is operated in line with the Groups guidelines,

including setting objectives, personal development planning and performance standards

with all direct reports.

• Working with the Head of Governance and Reporting – Operational Risk, develop a culture

of performance management, improvement and appraisal as a foundation for excellent

organisational performance.

Risk & Compliance

• Ensure that relevant Governance and Compliance requirements are adhered to and all

reporting and reviewing activities required by the Regulatory Bodies are carried out to the

standards required.

Hello, we’re Starling. We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way. We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 4,000 people across our London, Southampton, Cardiff and Manchester offices. 

We're looking for a talented Prudential and Financial Risk Management Senior Auditor to join our growing Internal Audit team.  

You should be an experienced Prudential and Financial Risk Management Auditor, ideally with a background working in the banking or regulated financial services sector.  You will be passionate about making a real impact to the Bank's controls and business processes because this is key to our mission. With limited supervision, you will be required to develop relationships with management and to plan and execute audits in Prudential and Financial Risk and other areas of Starling Bank.  

You will support and help Starling's senior management to protect the assets, reputation and sustainability of Starling as it continues on its growth path and delivers fantastic products and services.

This position focuses on areas such as Prudential, Treasury and Finance (e.g. Regulatory Reporting) and Model Risk management. 

What you will be doing

• Contribute to audits over Prudential / Financial Risk, Model Risk management and remediation areas respectively, using the support of Starling's in-house team and co-source providers. 
• Undertaking specialist regulatory reviews on areas such as ICAAP/ILAAP documentation, and ALM activities (e.g. IRRBB, Capital etc) and the Resolvability Assessment Framework  
• Planning audits, documenting processes to be reviewed, identifying risks and the key actual controls in place to mitigate the identified risks, and attending meetings with internal/external stakeholders 
• Document work papers to ensure consistency with audit methodology and quality standards, including formulation of logical and supportable conclusions
• Support the delivery of value-add and insightful audit reports, ensuring factual accuracy is agreed upon and managing stakeholder communications
• Draw and articulate well-formulated conclusions and pragmatic recommendations, as well as inspire and be an agent of positive change throughout Starling
• Build and maintain strong professional relationships at all levels 
• Demonstrable influencing and negotiating skills, able to manage challenging conversations and also challenge in a constructive manner to support sustainable growth and ensure appropriate outcomes for our customers
• Liaise with Prudential and Financial Risk management in tracking progress in addressing audit recommendations and confirming their closure
• Develop and maintain broad regulatory knowledge and experience. Stay abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments
• Contributes proactively to achieving Internal Audit’s performance objectives and works effectively as part of a team

Requirements

• Financial Services experience as an auditor or a strong understanding of audit processes in Financial risk or Treasury such as Liquidity Risk Management and Asset Liability Management  
• Experience or exposure to regulatory compliance applicable to UK regulated Banks 
• Strong relationship management and influencing skills, coupled with excellent planning and presentation skills 
• Experience in delivering integrated audits, supporting business auditors in identifying relevant Prudential / Financial risks and designing appropriate audit techniques
• Good understanding and exposure to the full audit lifecycle including the ability to plan, execute and draft audit findings to a good standard.  
• Desire to learn and ability to juggle multiple priorities, overcome challenges and adapt to a fast-paced environment
• Self-starter and can do approach with a level of flexibility to adapt to work in a fast paced, nimble yet highly regulated environment
• Able to work collaboratively in a team environment and confident with agile ways of working
• A good understanding of the 2025 Institute of Internal Auditors (IIA) standards
• Excellent attention to detail, highly organised with a proactive approach
• Broad regulatory knowledge and experience, as well as staying abreast of business/industry changes and their effect on the team's audit plan, audit methodology and risk assessments

Benefits

• 25 days holiday (plus take your public holiday allowance whenever works best for you)
• An extra day’s holiday for your birthday
• Annual leave is increased with length of service, and you can choose to buy or sell up to five extra days off
• 16 hours paid volunteering time a year
• Salary sacrifice, company enhanced pension scheme
• Life insurance at 4x your salary
• Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
• Generous family-friendly policies
• Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
• Access to initiatives like Cycle to Work and Salary Sacrificed Gym partnerships

About Us

You may be put off applying for a role because you don't tick every box. Forget that! While we can’t accommodate every flexible working request, we're always open to discussion. So, if you're excited about working with us, but aren’t sure if you're 100% there yet, get in touch anyway.

We’re on a mission to radically reshape banking – and that starts with our brilliant team. Whatever came before, we’re proud to bring together people of all backgrounds and experiences who love working together to solve problems.

Starling Bank is an equal opportunity employer, and we’re proud of our ongoing efforts to foster diversity & inclusion in the workplace. Individuals seeking employment at Starling Bank are considered without regard to race, religion, national origin, age, sex, gender, gender identity, gender expression, sexual orientation, marital status, medical condition, ancestry, physical or mental disability, military or veteran status, or any other characteristic protected by applicable law.

By submitting your application, you agree that Starling Bank may collect your personal data for recruiting and related purposes. Our Privacy Notice explains what personal information we may process, where we may process your personal information, its purposes for processing your personal information, and the rights you can exercise over our use of your personal information.