176 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.

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.

An exciting opportunity has arisen at SThree for a talented Risk Manager to join our Legal team. Reporting to the Director of Risk, Insurance and Health/Safety , the role is based in our London office at 8 Bishopsgate, on a full time hybrid working basis .

This role plays a pivotal part in advancing a robust and scalable enterprise-wide Risk Management Framework and Compliance Framework. The successful candidate will contribute to cultivating a risk-aware culture across the organisation, supporting key elements such as governance, risk appetite, policies and procedures, and capability development within Group Functions and regional teams.

Who will you be working for?

SThree is the global STEM-workforce consultancy. We connect sought-after specialists with dynamic organisations around the world. We advise businesses, build expert teams, and deliver project solutions to drive innovation across STEM sectors, helping them to Outpace tomorrow, together.

What are the key expectations of this role?

• Framework Stewardship

Maintain and enhance documentation associated with the Group Risk Management Framework, ensuring alignment with best practices and quality standards. Support risk appetite function across all regions.

• Risk Register Management

Assist Risk Owners in maintaining functional risk registers to a consistently high standard, in accordance with framework requirements. Ensure the online risk register system remains accurate and up to date.

• Stakeholder Support & Training

Deliver training, guidance, and education to employees at all levels to foster a culture of accountability and transparency and embedding risk thinking into everyday decision-making.

• Risk Reporting & Analysis

Prepare timely and insightful reporting for the Group Risk Committee, including key risk indicators (KRIs), trend analysis, and emerging risk commentary to inform strategic decision-making.

• Audit Liaison

Collaborate with Internal Audit to agree audits for key controls and processes, ensuring alignment between risk management and assurance activities.

• Compliance Activities Support

Support other colleagues within the team with compliance related activities as and when required such as:

• Sanction screening,
• Enhanced Due Diligence on International placements
• Gifts and Hospitality assurance checks
• Speak up case management
• Assistance with producing training materials on compliance topics
• Yearly review of compliance policies and procedures including Code of Conduct and Modern Slavery statement

• Insurance
• Work alongside Director of Risk, Insurance and Health and Safety to assist with Group insurance renewals and ensure coverage is appropriate and at the right levels.

Skills, Knowledge & Experience …

• Self-starter, pro-active and hardworking individual with a keen eye for detail who can negotiate with and engage business management to embrace a risk-based approach to business decisions and initiative
• Experience within a similar role highly desirable
• Knowledge of Risk Management and Internal Control Frameworks
• Knowledge of Compliance regulations for Sanctions, Anti bribery and Corruption, Modern Slavery and Fraud and associated policies including Code of Conduct.
• Excellent stakeholder management skills, comfortable in dealing with stakeholders from all levels of an organisation.

Benefits for our U.K. teams include:

• The choice to work flexibly from home and the office, in line with our hybrid working principles
• Bonus linked to company and personal performance
• Generous 28 days holiday allowance, plus public holidays
• Annual leave purchase scheme
• Five days paid Caregiver/Dependent leave per annum
• Five paid days off per year for volunteering
• Private healthcare, discounted dental insurance and health care cashback scheme
• Opportunity to participate in the company share scheme
• Access to a range of retail discounts and saving

What we stand for.

We’re committed to ensuring that all processes are equitable, and everyone is treated with fairness and dignity where everyone belongs, is valued and connected. If you need any assistance or reasonable adjustments in submitting your application please let us know, and we’ll be happy to help.

***Risk Manager***

I am currently supporting a Leading Insurer in onboarding an experienced Risk Manager, this position will require travelling into their London based office 2–3 days a week.

Key responsibilities include:

• Implementing risk management framework.
• Conducting risk and control assessments, managing risk events, and contributing to risk reporting.
• Providing 1st and 2nd line defence, supporting the business in identifying, measuring, mitigating, and reporting risks.

MUST HAVE AN INSURANCE BACKGROUND

If this role looks like something you could be interested in, please apply below!